Tom Lee from Fundstrat believes stocks are likely to rise after the Fed’s decision.
This report from FundStrat’s FS Insight highlights some interesting dynamics in the stock market, particularly concerning the S&P 500. According to Mark Newton, who oversees technology strategy, the current market pattern could be termed a “bearish envelope.” While that sounds rather ominous, it actually suggests that stocks are taking a moment to digest their recent […]
Report Highlights Inconsistencies in DOJ’s Epstein Jail Footage
CBS News reported on Tuesday that there are inconsistencies in a video released by the Department of Justice (DOJ) regarding the circumstances surrounding the late Jeffrey Epstein’s death in prison. FBI Deputy Director Dan Bongino mentioned in May on “Fox & Friends” that “Clear Day” footage supported the theory that Epstein committed suicide. This came […]
Heartbreaking reason for the death of a 9-year-old girl at a wave pool.
The tragic death of a 9-year-old girl at a wave pool in Hersheypark was officially ruled as a random drowning. Sofia Svedy was pronounced dead at a hospital last Thursday, following an accident at the well-known water attraction in Pennsylvania. “The cause of death was determined to be freshwater-related, and the circumstances were coincidental,” reported […]
FBI looks into sexual assault claims on Carnival Breeze cruise ship
FBI Investigating Sexual Assault on Carnival Cruise Ship The FBI is looking into claims of sexual assault occurring on a Carnival cruise ship. An FBI spokesperson informed Khou 11 that this incident took place aboard the Carnival Breeze, which is based in Galveston, Texas, during a cruise returning to Galveston on Monday. “FBI Houston is […]
Cincinnati Police Chief Says Violent Mob Video Lacks ‘Context’
Cincinnati Police Chief Addresses Violent Incident Footage On Monday, Cincinnati Police Chief Teresa Tegge stated that the recently circulated video of a violent altercation in the city lacks essential “context.” The footage, released on Saturday, depicts a group of men assaulting a man and seemingly knocking unconscious a woman in downtown Cincinnati. During a press […]
Senators scrutinize USDA reorganization plan
USDA Plans Office Consolidation Sparks Senate Hearing Deputy Agriculture Secretary Stephen Vaden faced questions from the Senate Agriculture Committee on Wednesday regarding the USDA’s plans to downsize its Washington offices and shift staff to satellite locations across the United States. The committee’s criticism largely centered on whether Congress had enough notice about these changes. Tensions […]
DoorDash driver helps Blackstone worker during Shane Tamura’s shooting in midtown
A Blackstone staff member was on her way to the lobby to collect food on Monday evening when she received an alarming message from DoorDash. As reported by the Wall Street Journal, the employee was heading down when the delivery person alerted her to a shooter in the lobby. In a frantic moment, she and […]
Central bank keeps rates unchanged but experiences first split among board members in thirty years
The Federal Reserve has decided to keep its short-term interest rates steady at 4.25% to 4.5%, but this time there was notable dissent among committee members for the first time in over three decades. Nine members of the Federal Open Market Committee (FOMC) voted to maintain the current rates. However, two members, Michelle Bowman and […]
Central bank holds rates steady, but two oppose the decision to take a cautious stance
Federal Reserve Stands Firm on Interest Rates Amidst Trump Pressure On Wednesday, the Federal Reserve decided to keep interest rates unchanged, despite significant pressure from President Trump. For context, the Federal Open Market Committee has maintained its benchmark rate since last December, holding it steady at a range between 4.25% and 4.5%. This decision marks […]
Treasury Secretary Scott Bessent Applauds Strong Second Quarter Results
Economic Growth Insights from Treasury Secretary Bescent Treasury Secretary Scott Bescent recently commented that we “haven’t seen anything yet” regarding the economic growth he observed during President Donald Trump’s tenure. This statement was made during an interview at a Breitbart News Policy event. Breitbart’s Washington Director Matthew Boyle spoke with Secretary Bescent after the Department […]