Columbus, OH

TheStreet

Markets were looking for a clear signal on the Fed's next rate move. Here's what they got.

Fed drops biggest hint yet on next interest rate move

WEKU

The Fed kept interest rates unchanged at the highest in more than two decades. Investors are betting it will start to lower rates at its next meeting in September.

The Federal Reserve is getting closer to cutting interest rates

Fortune

Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the bank cited fresh signs of a slowing economy for its view that the Fed will trim rates by 25 basis points eight times, starting in September and extending to July 2025.

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

The Federal Reserve has decided to keep its benchmark interest rate unchanged, marking a full year since the cost of borrowing first reached a 23-year high. However, the central bank hinted at a potential rate cut in the coming months, according to a policy statement released on Wednesday (July 31). The Federal Open Market Committee (FOMC) will hold the federal funds rate in a range of 5.25% to 5.5%, its highest level in 23 years.

Federal Reserve Keeps Interest Rates Steady, Suggests Cuts Could Be Looming

CBS News

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  With Fed rates holding steady over the last couple of years, mortgage interest rates have stayed high overall — even hovering close to 8% at one point recently. And those high mortgage loan rates, coupled with the high cost of living and inflation, have led many potential homebuyers to pause their search for a home and a mortgage to buy it with.But in recent weeks, there has been some welcome news for potential homebuyers. Inflation has cooled slightly —...

How low will mortgage rates drop after the Fed cuts rates? Experts weigh in

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Charlotte, NC

Irish Star

Donald Trump has a long history with the U.S. military, and has now suggested that he will fire the country's military generals and replace them with NASCAR drivers

Donald Trump says he'll fire America's military generals and replace them with NASCAR drivers

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Virginia State

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Jessica Serfitay flips the script on her previous statement. Virginia soap fans, Soap Opera News reports that Jessica Serfitay (ex Sloan Petersen) on Days of Our Lives posted on social media that her billionaire fiancé had abused her. The actress now says they argued as families do, and she never should have posted anything.

Days of Our Lives alum Jessica Serfitay retracts her statement that her fiance abused her

Missouri State

Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

Kentucky State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Markets Insider

UBS analysts advised investors to think interest rates and tech, not politics.

The 'Trump trade' is winding down, and the Fed's rate plans are back in focus

The Federal Reserve kept its key interest rate at 5.25% to 5.5%, citing "some further progress" toward its 2% inflation goal. At his press conference, Fed Chair Jerome Powell said a rate cut in September is "on the table," provided the inflation data continues to be encouraging. The comments propelled stocks to their highs of the day.

Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

Georgia State

Douglas, GA

Daily Coffee Press

Last week, a 32-year-old was arrested on trafficking charges after allegedly fleeing from a traffic stop and abandoning the vehicle with a child in the passenger seat. The chase resulted in the discovery of 230 grams of methamphetamine, which the suspect allegedly threw out while fleeing on foot. According to local detectives, the vehicle the suspect was driving was registered to NFL football player Tyreek Hill.

Man Driving Vehicle Registered to Tyreek Hill Arrested on Drug Trafficking Charges in Douglas

Bucks County Beacon

Most Americans want Donald Trump to drop out of the race. Most Americans believe Trump is dishonest. Most Americans reject Trump’s vision for the country. And most Americans don’t trust Trump to handle a crisis.

AP-NORC Poll: About 60 Percent of Americans Want Trump to Withdraw from Presidential Race

NewsBreak

Terminal Federal Funds Rate to hit 3.25-3.50% in 2025: Citi

Citi analysts anticipate significant changes in the Federal Reserve's monetary policy, projecting that the terminal federal funds rate will decline to 3.25-3.50% by 2025. In their...

Terminal Federal Funds Rate to hit 3.25-3.50% in 2025: Citi

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