Markets Insider

Stocks could see a 1995-like rally after the Fed cuts rates, said Wells Fargo's head of global investment strategy.

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

The Guardian

Live coverage as investors wait for signs at Jackson Hole summit of how fast US central bank will cut interest rates starting in September

Federal Reserve’s Jerome Powell says ‘the time has come’ for US interest rate cuts – as it happened

Gold hits a new record following Powell’s historic speech on prolonged high-interest rates, reshaping the precious metals market. Gold’s Roller Coaster: Highs and Lows Amid Economic Uncertainty. Gold’s recent rally to record highs, spurred by Federal Reserve Chair Jerome Powell’s historic speech, has hit a stumbling block. The...

Gold’s Surge to a Record High: Analyzing Powell’s Impact on the Precious Metals Market

Gold prices climbed 1% as the dollar and Treasury yields retreated following Federal Reserve Chair Jerome Powell comments signaling an interest rate cut in September. Spot gold rose 1.15% to $2,511.91 per ounce, but was off a record high of $2,531.60 hit on Tuesday. U.S. gold futures gained 1.19% to $2,546.70.

Gold gains 1% as Powell comments hint at September cut

There is talk of an emergency rate cut from the Fed following Monday's market meltdown, as Japan recovered most of its losses on Tuesday.

Markets are rebounding after Monday's massive meltdown, making rate decisions harder for the Fed

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

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Total Apex Sports & Entertainment

What makes today’s date special for your zodiac sign? Today, all zodiac signs are set to experience extraordinary cosmic shifts that would likely affect certain areas of their lives. For some signs, today’s cosmic boost will positively affect their finances. The planets have aligned to bring luck and good fortune their way. Hence, some individuals will feel a special wave of optimism and passion to lay a good foundation for financial abundance.

3 Lucky Zodiac Signs With Financial Abundance | August 22, 2024

MOSCOW (Reuters) - Russia said the West was playing with fire by considering allowing Ukraine to strike deep into Russia with Western missiles and cautioned the United States on Tuesday that World War Three would not be confined to Europe. Ukraine attacked Russia's western Kursk region on Aug. 6 and...

Russia Warns the United States of the Risks of World War Three

3.6 Million Americans Could Be Covered for Wegovy Under New Medicare Rules. TUESDAY, Aug. 27, 2024 (HealthDay News) -- New Medicare rules could make 3.6 million Americans -- or even more -- eligible for treatment with the pricey weight-loss drug Wegovy, a new study finds. Under the new rules, the...

3.6 Million Americans Could Be Covered for Wegovy Under New Medicare Rules

24/7 Wall St.

The tech stock selloff in July surprised the market but not those investors who were paying attention. As far back as April, Goldman Sachs (NYSE:GS) warned of the coming decline. Its analysts said sector rotation could hurt the market and told investors to look outside of technology stocks for new investment ideas. It was a […]
The post Goldman Sachs Predicts a Double-Digit Rally for These 2 Growth Stocks appeared first on 24/7 Wall St..

Goldman Sachs Predicts a Double-Digit Rally for These 2 Growth Stocks

Indexes rose Thursday as investors reacted to a surprisingly strong increase in retail sales and lower jobless claims.

Stock market today: Dow soars 555 points as strong economic data calms recession worries

(Reuters) -South American football was in mourning on Tuesday following the death of Uruguayan defender Juan Izquierdo, who collapsed on the pitch after suffering an irregular heartbeat during a Copa Libertadores game last week. The 27-year-old had been undergoing medical treatment since collapsing during Nacional's game against Brazilian side Sao...

Soccer-Uruguayan Defender Izquierdo Dies After Collapsing During Match

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

Florida State

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Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

DUBAI (Reuters) - Iran's President Masoud Pezeshkian has ordered an investigation into the death in custody of a defendant in the northern city of Lahijan, state media reported on Thursday. "Following the tragic incident in Lahijan, the president ordered the interior minister to form a committee to investigate all aspects...

Iran's President Calls for Investigation Into Case of Death in Custody

(Reuters) -European shares were within touching distance of a record high on Thursday, with technology stocks leading the charge, despite Nvidia's quarterly results failing to impress some global investors. The pan-European STOXX 600 index was up 0.5%% at 523.02 points, a whisker away from its record high of 525.59 hit...

Tech Stocks Prod STOXX 600 Towards Record Highs

Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.

Investors need to be cautious on stocks because the economy is flashing a warning not seen in nearly a century, billionaire investor Mark Mobius says

Georgia State

Daily Coffee Press

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

This month's selloff was "a warning shot" even as the market seems to have regained confidence, Goldman's head of asset allocation research said.

The quick rebound after this month's brutal stock-market rout is a cause for concern, Goldman says

Los Angeles County, CA

Herbie J Pilato

[Note: The quotes and commentary that appear in this article are from an interview the author conducted with David White in 1989.]. Actor David White, who died in 1991, found great success for his best-known and likable performance as the devious advertising executive Larry Tate on the classic TV sitcom,Bewitched (ABC, 1964-1972).

'Bewitched' Actor David White Forever Mourned the Tragic Pan Am/Lockerbie Death of His Son

NewsBreak

Analysis-Bond Markets Face a Reckoning After Stellar Summer Run

(Reuters) - Government bond markets, which have enjoyed a summer of solid price gains, now face a reckoning with their bets for speedy central bank rate...

Analysis-Bond Markets Face a Reckoning After Stellar Summer Run

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