US retail sales unexpectedly rise, lowering odds for big rate cut

U.S. retail sales unexpectedly rose last month, a surprisingly strong result that likely reduces the likelihood of a big interest rate cut from the Federal Reserve this week. Retail purchases rose 0.1% in August, Commerce Department data released Tuesday showed, beating economists' expectations of a 0.2% decline as cash-strapped consumers showed resilience despite a shaky […]
Nick Sirianni made a ‘sneaky big error’ that doomed Eagles in final minutes

Nick Sirianni made two decisions that hurt his team in Monday night's 21-22 loss to the Falcons, and the blame rests solely on Saquon Barkley. The Eagles coach called for a pass to Barkley on third down and 3-yards with 1 minute, 46 seconds left in Monday's game against the Falcons, but Barkley, the team's […]
Shedeur Sanders Refused to Shake Opposing QB’s Hand After Big Win

Whoever coined the phrase “no grudges” must have never been to Colorado State or Colorado State University. Colorado Buffaloes quarterback Shedul Sanders refused to shake hands with Colorado State Rams quarterback Brayden Fowler-Nicolosi after the game, despite winning against Colorado State for the second straight year. Colorado defeated Colorado State, 28-9. Sanders appeared to be […]
Big tech firms balk at Ohio electric utility demand to pay for grid upgrades

Google, Amazon, Microsoft and Meta have banded together to fight Ohio's power company, which is demanding it pay for power grid upgrades needed to support big tech companies' plans to install energy-hungry data centers to power artificial intelligence technology. American Electric Power Ohio, which supplies electricity to Columbus and other cities as well as rural […]
Shiba Inu to Burn Big? Plan to Slash SHIB Supply Teased by Shiba Inu Executive – U.Today

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Silver (XAG) Forecast: Is Silver Set to Test $32.52 if the Fed Goes Big on Rate Cuts? – FX Empire

Inflation data and jobless claims trigger interest rate cut Several major U.S. economic reports released last week supported expectations of a Fed rate cut. The Consumer Price Index (CPI) rose 0.2% in August, in line with expectations. Core inflation rose 0.3%. The Producer Price Index (PPI) also rose 0.2%, reflecting easing inflationary pressures. Additionally, jobless […]
Big Oil, clean energy chart future of geothermal energy

HOUSTON — America's new clean-energy future could be built on an unlikely foundation: the technology and experience of big oil companies. At least, that's the hope of representatives of big oil companies, tech startups, scientists and climate groups meeting in Houston this week to launch a series of $10 million summits. Their goal: to use […]
Seattle Times blasted for saying Trump ‘falsely’ claimed BLM protestors took over big part of the city in 2020

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Nvidia's stock market dominance fuels big swings in the S&P 500 By Reuters – Investing.com

Saqib Iqbal Ahmed NEW YORK (Reuters) – The surge in shares of chip giant Nvidia Corp (NASDAQ:) is still having a major impact on the stock market, fuelling concerns that a change in the chip giant's fortunes could hurt the broader market. Shares of Nvidia, which makes chips considered state-of-the-art for artificial intelligence applications, have […]
Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap – Yahoo Finance

(Bloomberg) — Wall Street traders revived expectations of a half-point interest rate cut by the Federal Reserve next week, prompting a shift in funds into stocks that would benefit most from easier policy. Most read articles on Bloomberg Economically sensitive stocks outperformed the big tech companies that have driven the bull market rally, with the […]