Jackson, WY

Connecticut Public

Federal Reserve chairman Jerome Powell says he's increasingly confident that inflation will soon be tamed, setting the stage for the central bank to start cutting interest rates next month. Speaking at one of the most closely-watched annual gatherings of global central bankers in Jackson Hole, Wyo., Powell noted that inflation...

'The time has come' to lower interest rates: Fed Chair Jerome Powell

Kiplinger

Sentiment turned cautious ahead of Fed Chair Powell's highly anticipated speech Friday at the Jackson Hole Economic Symposium.

Stock Market Today: Stocks Drop Ahead of Powell's Jackson Hole Speech

The Independent

  Federal Reserve Chair Jerome Powell all but proclaimed victory in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming.Under Powell, the Fed raised its benchmark rate to the highest level in 23 years to subdue inflation that two years ago was running at the hottest pace in more than four decades. Inflation has come down steadily, and investors now expect the Fed to start cutting rates at its next meeting in September — an expectation that essentially got Powell's endorsement Friday.     ...

Takeaways from Fed Chair Powell's speech at Jackson Hole

Markets Insider

"A possible hawkish surprise might be highlighting instead that broad financial conditions are still quite easy," Goldman Sachs said.

Here's how Jerome Powell could surprise markets with his Jackson Hole speech

Reuters

BENGALURU (Reuters) - The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than predicted last month, according to a slim majority of economists polled by Reuters who said a recession is unlikely.

Fed to deliver three 25 quarter-point rate cuts this year; recession unlikely: Reuters poll

Colorado 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.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

California State

Kamala Harris’ presidential nomination immediately reset Democrats’ relationships with US financial elites — if not the party’s approach to their businesses. Harris came up through California’s behind-the-scenes politics of relationships and big money, rather than President Joe Biden’s small-state retail politics. She spent her time in the White House cultivating Wall Street’s big Democratic donors like Centerview’s Blair Effron, a group that had only dutifully supported Biden. But there’s “genuine enthusiasm” for the new nominee, as Liz Hoffman reported.

First Friend: Kamala Harris’ alliance with Laurene Powell Jobs

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.

community_voice

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

North Carolina State

Eden, NC

Town Talks

North Carolina is the 28th largest state by area but boasts the seventh-highest number of counties in the country. If you’re searching for an affordable place to call home in North Carolina, you’re in luck. This diverse and picturesque state offers a range of options that won’t break the bank.

North Carolina City Has Been Named the Cheapest Place to Live in The State

Salem, OH

Northern Kentucky Tribune

Every day, 8-year-old Emma sits in a small garden outside her grandmother’s home in Salem, Ohio, writing letters to her mom and sometimes singing songs her mother used to sing to her.

Thousands of parents die of overdoses; advocates say their kids need more help

Federal Reserve chair Jerome Powell said Friday that the "time has come" for the United States to start cutting interest rates, adding that his "confidence has grown" that the battle against inflation is on track. "My confidence has grown that inflation is on a sustainable path back to two percent," he added, referring to the Fed's long-term inflation target. 

US Fed chair says 'the time has come' to start cutting rates

The minutes of the Federal Reserve’s late-July policy meeting show that most officials supported possible interest-rate cuts at the next meeting in September. The minutes showed that a “vast majority” of officials said an interest rate cut at the September meeting was likely if data continued to meet expectations.

Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts

Apache Junction, AZ

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.

writer

Suzy Jacobson Cherry

When I studied Anthropology in college, I learned that teeth have been indicators of economic status just about forever. Archaeologists look at the teeth in ancient skeletons and know who the rich were based on their tooth decay. During the Renaissance period, it became fashionable for women to blacken their teeth to look like they were better off than they were, because the royals and aristocrats, who could afford sugar and sweets, had more rotten and missing teeth than the poor.

Opinion: Stop Stereotyping Bad Teeth as a Sign of Drug Addiction

A collection of objects that changed science and technology forever will go under the hammer at Christie’s this fall. Owned by the late Microsoft co-founder Paul Allen, the selection “traces the history of human ingenuity,” the auction house said, and includes the first computer used by Allen and his childhood friend Bill Gates, as well as a spacesuit worn by Ed White, the first American to perform a spacewalk.

Iconic technology to go on auction

Jacksonville, FL

Jacksonville Today

A permanent marker will be erected to honor the victims of the racist mass shooting nearly a year ago at a Dollar General store in the New Town community. City Council approved the marker 17-0 on Tuesday night.

Marker will honor victims of racist Dollar General shooting

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

The share of Americans who hold a favorable view of Vice President Kamala Harris has increased substantially since she replaced President Joe Biden atop the Democratic presidential ticket, new figures from Gallup show. Harris’ favorability rating increased 13 percentage points since June to 47%. According to the latest figures, 93%...

Harris favorability rating spikes to 47%

Florida State

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

NewsBreak

Fed Chair Jerome Powell says ‘the time has come’ to cut rates

Federal Reserve Chair Jerome Powell gave investors the strongest indication yet that the central bank plans to begin trimming rates next month, saying “the time has...

Fed Chair Jerome Powell says ‘the time has come’ to cut rates

Comments / 0