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Investor hopes high for bigger interest rate cut, sending Dow near all-time high

The Dow Jones Industrial Average was nearing an all-time high as expectations of a big interest rate cut by the Federal Reserve next week suddenly rekindled. Stock and bond traders on Friday grew increasingly believing the Fed could cut interest rates by 50 basis points (half a percentage point) after The Wall Street Journal reported […]

Dow nears record as hopes for bigger Fed rate cut revived

The Dow Jones Industrial Average rose more than 400 points on Friday, approaching an all-time high, as investors reassessed the possibility of further interest rate cuts by the Federal Reserve next week. The Dow Jones Industrial Average rose 379 points, or 0.9%, to 41,476 in recent trading. It closed at a record high of 41,563.08 […]

7-foot porbeagle shark was eaten by even bigger shark, researchers suspect

A pregnant 7-foot-long porbeagle shark has likely been eaten by a much larger shark, in what researchers believe is the first evidence of the ocean's hunters becoming the hunted. The researchers captured the porbeagle shark near Cape Cod, Massachusetts, in late October 2020 and fitted it with two tracking tags: one attached to the shark's […]

Harris vows Biden-era health care programs will get bigger if she's elected

Vice President Kamala Harris unveiled her economic agenda on Friday, with much of her plan including building on the health care gains made by the Biden administration. Speaking in North Carolina, Harris vowed that her administration would continue negotiations on Medicare and expand it to cover all Americans, not just Medicare recipients. “Yesterday, we announced […]

Assembly Speaker Carl Heastie’s girlfriend scores new job with bigger lobbying firm

She upgraded. State Assembly Speaker Carl Heastie’s girlfriend has landed a new job at Albany’s largest lobbying firm after being fired from her previous job with a small labor union. Rebecca LaMotte lost her job with the Greater New York LECET in June in what the group called a reorganization, months after her influential boyfriend […]

Jets’ Will McDonald making most of chances he craves to earn bigger role

Jets second-year defensive end Will McDonald knows the task. “I’ve got to get more sacks,” McDonald said after the Jets beat the Commanders 20-17 on Saturday. “I’ve got to get sacks. That’s the only thing on my mind. Just be that ballplayer every time I go out there and impact the game.” Of all the […]

Your tax refund could be bigger this year — here’s what to do with it

NEW YORK — The average taxpayer received a $2,852 refund, $75 more than last year, according to the latest IRS data. So what should you do? What to do with that money? Experts generally Debt and savingsBut for many people, that’s unrealistic. Courtney Alev, consumer finance advocate at Credit Karma, says tax refunds are typically […]