Jackson, WY

Columbus, OH

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial milestone for the Federal Reserve’s historic — and, so far, successful — inflation fight.

‘The time has come’: The Fed just sent a crucial message about its next move

Fed Chairman Jerome Powell said Friday that “the time has come for Fed policy to adjust”, suggesting interest rate cuts are finally on the horizon. The Fed’s dovish signal helped the Bitcoin (BTC) price to return above the $63,000 mark as the crypto market extended its recovery from the rout at the start of this month.

Bitcoin Retakes $63,000 As Fed Chair Jerome Says Interest Rate Cuts Are Coming Soon

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.

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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

The Federal Reserve is teetering on the brink of a critical decision—one that could either save the US economy from a looming recession or plunge it deeper into peril. The call for a supersized 50-basis point interest rate cut in September is growing louder, with financial heavyweight Nigel Green, CEO of deVere Group, leading the charge.

Fed must deliver 50-point rate cut in September to avert recession

Baltimore, MD

Straight Arrow News SANcom

Some Giant grocery stores are banning unsupervised youth in stores after 6 p.m. due to what it calls an "unprecedented" rise in theft.

Baltimore grocery stores banning anyone under 18 without an adult

San Diego County, CA

Carlsbad, CA

Carlsbad is the first city in San Diego County to ban smoking and vaping, both cannabis and nicotine products.

California city is latest to ban residents from smoking in their own apartments

UPI News

Federal Reserve Chairman Jerome Powell on Friday indicated interest rate cuts are on the way as economic impacts of the COVID-19 pandemic begin to fade.

Fed Chair Jerome Powell indicates interest rate cuts are coming amid lowered inflation

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

Kansas State

CNBC’s Steve Liesman and Kansas City Fed President Jeffrey Schmid joins 'Squawk Box' to discuss state of the economy, health of the labor market, the Fed's inflation fight, rate path outlook, and more.

Kansas City Fed President Jeff Schmid: Probably want to act before inflation reaches 2% target

The Dow Jones Industrial Average (DJIA) surged over 450 points on Friday afternoon after Federal Reserve Chair Jerome Powell signaled that interest rate cuts might happen soon. Speaking at the annual Jackson Hole Economic Symposium in Wyoming, Powell hinted at potential rate cuts but didn’t offer specific details on the timing or magnitude.

The Dow closes more than 450 points higher as Jerome Powell says 'the time has come' for new Fed policy

Entrepreneur

Inflation hit a three-year low last month.

'Stage Is Set:' EY Senior Economist Expects Three Rate Cuts Before the End of the Year

Markets Insider

"The Fed raised rates 500 basis points under a false presumption — by over one million — of just how robust the jobs market was": David Rosenberg

A famed economist who called the 2008 recession warns the Fed is behind on rate cuts — and that a downturn is coming despite 'off the charts' investor sentiment

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

Federal Reserve Chair Jerome Powell has signaled that interest rate cuts are on the horizon, saying “the time has come.”. Powell made the comments at the 2024 Jackson Hole Economic Policy Symposium, addressing the various factors involved, including the inflation and the labor market. Inflation. Powell acknowledged how difficult...

Fed Says Rate Cuts Are Coming

Wyoming State

Cheyenne, WY

WyoFile

WHITE MOUNTAIN—“That’s a lot of horses,” lamented Cheyenne resident Robyn Smith from a high-desert ridgeline. It wasn’t her first exasperated exclamation. “Argh, oh crap,” was her immediate reaction to learning a federal judge had given the Bureau of Land Management the OK to proceed with plans to fully remove two wild horse herds from the landscape in southwest Wyoming.

BLM wins two lawsuits, clearing way for elimination of two Wyoming wild horse herds

Wilson, WY

Teton Village, WY

Kelly, WY

Moose, WY

Victor, ID

Alpine, WY

Bondurant, WY

Irwin, ID

Driggs, ID

Swan Valley, ID

NewsBreak

‘The time has come for policy to adjust’: Powell says rate cuts imminent

https://dcusoqhsuupgy.cloudfront.net/transcodes/onuk0000/default.mp4

‘The time has come for policy to adjust’: Powell says rate cuts imminent

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