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

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

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 in the week for more clues on the pace and scale of the Fed's interest rate cuts. The Fed is anticipated to maintain current...

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

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

North Carolina State

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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

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

News Update – Late Morning

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'

CNBC’s Gabrielle Fonrouge joins 'Power Lunch' to discuss wireless providers including facing a string of lawsuits in recent years from women who allege retail employees stole intimate images.

AT&T is the latest wireless company facing photo theft allegations

California State

NewsByJoshua

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

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

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.

Pfizer reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook as the drugmaker works to slash costs. The results come as Pfizer scrambles to stabilize its business and win back Wall Street’s favor following the rapid decline in demand for its Covid products.

Pfizer beats earnings estimates, hikes full-year outlook as drugmaker cuts costs

A U.S. appeals court on Monday blocked the U.S. Transportation Department's new rule requiring upfront disclosure of airline fees pending a full review of the regulation. The DOT issued final rules in April requiring airlines and ticket agents to disclose service fees alongside the airfare, saying it would help consumers avoid unneeded or unexpected fees.

Appeals court blocks U.S. airline fee disclosure rule

UPI News

The U.S. stock market dipped Wednesday with the Nasdaq looking at its worst single-day loss since 2022.

U.S. stock market sees worst single-day loss in 2-year period

Redbox, the iconic movie rental company with over 34,000 locations nationwide, has announced the closure of its operations following its parent company's filing for Chapter 11 bankruptcy. This decision has left many of its loyal users saddened, marking the end of an era for physical media enthusiasts.

A rental company with 34,000 locations has closed its doors

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The HD Post

CALIFORNIA – Proposition 33, Justice for Renters Act, will be on the California ballot, November 5, for voters to decide on removing a rent control ban. According to Ballotpedia, a "yes" vote repeals the Costa-Hawkins Rental Housing Act (1995), which will allow cities and counties to limit rent on any housing.

Prop. 33 will allow California voters to decide on removing rent control ban

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

North Carolina’s beloved Biscuitville has once again been recognized as one of the best regional fast food chains in the United States. In USA Today's annual 10 Best Readers’ Choice Awards, Biscuitville ranked second overall and was also named the No. 1 best fast food breakfast spot in the country.

North Carolina is home to one of the best regional fast food chains in America

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

NewsBreak

Treasury yields are little changed as traders set eyes on Fed meeting

U.S. Treasury yields were little changed on Tuesday as investors looked to economic data from the labor market and the Federal Reserve's July meeting. Yields and...

Treasury yields are little changed as traders set eyes on Fed meeting

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