With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say. While many investors are getting 5% yields on money market funds, that will fall once the Fed starts cutting interest rates. Rates for high-yield savings and certificates of...

Here are some money moves to make before the Fed starts cutting interest rates

TheStreet

The Fed won't cut rates on Wednesday, but it's next move is getting closer.

Fed to signal timing of first interest rate cut as inflation slows

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

CBS News

Federal Reserve Chairman Jerome Powell will announce the agency's decision on interest rates Wednesday with cuts not yet expected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News to discuss the Fed.

Federal Reserve to make decision on interest rates

Today’s top high-yield savings accounts offer APYs up to 5.45%. With inflation easing, experts expect the Fed will cut rates at least once this year. Savings interest rates will likely drop when this happens. Putting your money in a top-yielding savings account now can help you earn more money...

Best Savings Rates Today -- Interest Rates Remain High Ahead of Fed Meeting, July 30, 2024

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

NBC News

While the best state to retire in the U.S. is also one of the smallest in the country, the worst state to retire is the largest. Alaska ranks as the worst state in the U.S. to retire for the third year in a row, according to Bankrate’s study of the best states to retire in 2024.

The 10 worst states to retire in the U.S. No. 1 isn't California or New York

Henderson, NV

Mediaite

Republican vice presidential nominee JD Vance urged Americans to “fire” Vice President Kamala Harris “and replace her with Donald Trump.”. Harris became the presumptive Democratic presidential nominee after President Joe Biden dropped his reelection bid in the wake of an abysmal debate performance against Trump. However, she remains the veep.

Whoops! JD Vance Says He Wants Trump to Be Vice President: ‘Fire Kamala Harris and Replace Her with Donald Trump’

Denver, CO

Super Bowl champ Terrell Davis says United Airlines sent him a letter placing him on a "no fly list," adding what he calls "insult to injury" after he was handcuffed and taken off a plane this month in an incident United has since apologized for. Davis, the Hall of Fame...

United Airlines apologizes for sending NFL star Terrell Davis a 'no fly' letter after he was removed from plane

In today's newsletter: Team USA's women secured a large medal haul over the weekend. President Biden is to back Supreme Court term limits. And why Marvel fans aren't thrilled about Robert Downey Jr.'s comeback. Here’s what to know today. Women bring home the most medals for Team USA. Team...

Women bring home the most medals for Team USA and Biden to call for Supreme Court reforms: Morning Rundown

NBC News' Alex Seitz-Wald reports on the "White Dudes for Harris" online rally that drew more than 180,000 participants and raised almost $4 million. The campaign event included remarks from notable celebrities and figures including "The Dude" himself, Jeff Bridges.

'White Dudes for Harris' campaign event draws thousands of viewers online

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

As the world's greatest athletes compete for both individual glory and national pride at the 2024 Paris Olympic Games, spectators at home will also wonder which country will have the honor of raking in the most medals. The U.S., Japan and China and the host country, France, were leading the...

Here are the latest medal results from the 2024 Paris Olympics

A new study finds that dark chocolate products sold nationwide may contain excessive amounts of heavy metals. The research, led by scientists at George Washington University and published Wednesday in the peer-reviewed Frontiers in Nutrition, examined over 70 dark chocolate products from retailers such as Whole Foods Market, Amazon and GNC. The products were tested to see whether the heavy metals lead, cadmium or arsenic were in them.

Heavy metals, including lead, found in many dark chocolate bars, research shows

After private-equity firms acquire hospitals, the facilities’ assets and resources diminish significantly, leaving the facilities less equipped to care for patients, according to a new study by physician researchers at the University of California at San Francisco, Harvard Medical School and the City University of New York’s Hunter College.

After private equity takes over hospitals, they are less able to care for patients, say top medical researchers

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?

As Japan’s men’s basketball team attempts to rebound from some losses at the Paris Olympics, one player’s presence on the team has generated some buzz among surprised fans. Josh Hawkinson, a U.S.-born player from Shoreline, Washington, is the team’s sole white player — with no ancestral roots...

How the sole white guy on Team Japan’s Olympic basketball team made the cut

The Federal Reserve is all but certain to hold interest rates steady at its meeting this week. But a growing crowd of economists — among them, former Fed Vice Chair Alan Blinder and Nobel prize-winner Paul Krugman — are urging central bankers to cut now rather than at September’s meeting, when it is widely expected to do so.

It’s not the end of the world if the Fed doesn’t cut rates tomorrow

Japan's central bank has raised the cost of borrowing for only the second time in 17 years as it tries to normalise monetary policy in the world's fourth largest economy. The Bank of Japan (BoJ) increased its key interest rate to “around 0.25%” from the previous range of 0% to 0.1%.

Japan hikes interest rates for second time since 2007

Markets Insider

The Fed should cut interest rates at its meeting this month, according to Goldman Sachs. Economist Jan Hatzius highlighted three reasons a rate cut makes sense this month rather than in September. The market sees a 100% chance of a rate cut in September, but only a 7%chance for a...

3 reasons the Fed should cut interest rates this month instead of waiting for September

NewsBreak

Federal Reserve could cut interest rates for first time in years

An anticipated decision on interest rates is expected from the Federal...

Federal Reserve could cut interest rates for first time in years

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