The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months.

What To Expect on Interest Rates From Next Week’s Fed Meeting

Markets Insider

The Federal Reserve risks prematurely cutting interest rates right as the US economy is poised to reaccelerate, Jim Bianco told CNBC. "The reason I suspect that we're going to have zero rate cuts is I don't think they're warranted. The economy is continuing to move along just fine," the Bianco Research president said on Friday, adding: "I suspect there'll be a second-half rebound."

The Fed shouldn't cut rates at all this year as the US is poised for a 2nd half rebound, macro strategist says

The Motley Fool

The mega-cap stocks that have been the biggest winners in the current bull market might not lead the way going forward.

U.S. Money Supply Is Increasing Again and Could Portend a Big Stock Market Move: 2 Vanguard ETFs to Buy Now

The biggest news of the morning? Seeing the June CPI print with a negative sign. You can be pretty sure now that Fed rate cuts are coming. The overall June consumer price index dropped 0.1 points from May. Year-on-year, it almost printed with a 2-handle (it came in at a flat 3.0%). The core was only up one-tenth on the month, and 3.3% on the year. And yes, the yearly numbers are still high. But the recent trend has been incredibly soft. Core CPI for the past three months annualized is now running just 1.1%.

Kelly Evans: The cuts are coming

David Rosenberg, Rosenberg Research president, joins 'Squawk on the Street' to discuss Rosenberg's take on the Federal Reserve's move this week, why the economy is in need of rate cuts sooner than September, and the focus on central bank meetings around the world.

Fed should go and cut rates this week, says Rosenberg Research president

New York City, NY

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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

The gold price has just recorded a new record all-time high: $2,483 in the spot market on the night of July 17, 2024. Although this new record is a welcome development for precious metals investors, just within the last week a new signal has developed which may spell trouble for investors. This signal could suggest a significant top to develop soon in the gold price, so investors should monitor this developing situation closely.

Warning Signal for Gold & Silver Prices

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NewsByJoshua

Here’s a story that’s making waves in the retail world: Conn's HomePlus, a well-known discount furniture chain, has just filed for Chapter 11 bankruptcy. And the news isn’t just about numbers—it’s about real people and places, so let’s dive into what’s happening.

Another retail giant has just filed for Chapter 11 bankruptcy and is shutting down several stores.

Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

North Carolina State

Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

Two-thirds of Americans drink coffee every single day, according to data collected by the National Coffee Association in 2022. But despite its popularity, there are plenty of myths about coffee and it can be difficult to know what's true. On TikTok alone, there are 52 million posts doling out advice...

Don't believe these 3 myths about coffee, say registered dietitians

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

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

24/7 Wall St.

24/7 Wall St. Insights Some top Wall Street strategists feel the AI tech rally is overextended. Dividend-paying gold stock can be the perfect portfolio hedge for worried investors. Also: 2 Dividend Legends to Hold Forever There has always been a degree of scorn from Wall Street and so-called investment professionals for those who invested in […]
The post Gold Hits All-Time Highs and 5 Dividend Stocks Earnings Could Explode appeared first on 24/7 Wall St..

Gold Hits All-Time Highs and 5 Dividend Stocks Earnings Could Explode

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Market Close

California State

In a concerning trend for California, numerous large companies are gearing up for significant layoffs, affecting thousands of workers across various industries. According to the WARN Tracker, California has seen a staggering 37,086 WARN layoffs this year alone, impacting 713 businesses statewide.

Concerns Rise as Massive Layoffs Hit California

USA TODAY

The Fed's expected to hint on Wednesday that a rate cut's coming soon, but it won't say exactly when. Most economists expect it to come in September.

Interest rate cut coming soon, but Fed likely won't tell you exactly when this week

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The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

Indonesian President Joko Widodo spent his first night in the eagle-shaped palace of the country's proposed new capital Nusantara ahead of official meetings on Monday, as the outgoing leader works to allay fears about the beleaguered infrastructure project. Jokowi, as the president is known, has been rushing to complete as...

Indonesian president tries out palace in proposed new capital

NewsBreak

Gold drifts upwards as markets position for Fed meet, U.S. economic data

Gold prices edged higher on Tuesday as investors awaited the Federal Reserve's commentary on its monetary policy and a deluge of U.S. economic data due later...

Gold drifts upwards as markets position for Fed meet, U.S. economic data

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