Progressive outlet fed up with Harris’ ‘safe’ campaign: ‘Looks like she doesn’t stand for anything’
A new article in the far-left media outlet The New Republic has slammed Vice President Kamala Harris' campaign for playing it “safe” by not talking about policy as the November election approaches. The outlet's senior editor, Alex Shepherd, wrote that the strategy of keeping a low profile and relying on the media to promote her […]
Gold (XAU) Daily Forecast: Key Support at $2,500 Holds as Fed Rate Cut Speculation Fades – FX Empire
The US Dollar Index (DXY), which tracks the dollar's relative value against a basket of major currencies, is approaching last week's monthly high, reducing gold's appeal as a non-yielding asset. Strong dollar and Fed interest rate expectations weigh on gold prices The recent rise in the US dollar has contributed to gold's decline as hopes […]
Gold surges above $2,500 ahead of US CPI as Fed rate cut looms – FXStreet
Gold is rising despite the general strength of the US dollar, as traders focus on the upcoming release of the US Consumer Price Index (CPI). The CME FedWatch tool indicates a 73% probability of a 25 bps rate cut by the Fed, a change from previous speculation of a 50 bps cut. Treasury yields are […]
EUR/USD slumps as Fed seems to cut interest rates gradually – FXStreet
EUR/USD fell below 1.1050 as the US Dollar strengthened on expectations that the Federal Reserve will opt for a small interest rate cut this month. Investors are awaiting the US Consumer Price Index (CPI) on Wednesday for new guidance on interest rates. The ECB is expected to cut interest rates this week. EUR/USD is trading […]
Dollar tentative, yen dips on muddled Fed rate-cut outlook – Yahoo Finance
By Ray Wee SINGAPORE (Reuters) – The dollar remained in a narrow range on Monday while the yen pared some safe-haven gains as investors remained undecided about the size of a U.S. Federal Reserve interest rate cut expected later this month and looked to U.S. inflation data due this week for further clues. The highly […]
OEM boss worries fed probes could distract city leadership, undermine public safety: report
The emergency management director warned that the wave of federal investigations into the Adams administration could severely undermine the city's ability to keep New Yorkers safe. Commissioner Zach Iscol spoke bluntly on Friday during a private call with senior OEM officials about the possibility that this week's barrage of investigations and searches could be disruptive […]
Outraged heckler jeers NYC Mayor Eric Adams at Labor Day Parade over slew of fed probes on admin: ‘Come get him!’
During Saturday's Labor Day Parade, angry onlookers blasted Mayor Adams over a series of federal investigations into his administration, while Gov. Hockle and other politicians snubbed Mr. Hizzoner during the sparsely attended parade. “FBI, Mayor Adams is right there!” a female spectator yelled as the march crossed West 46th Street and Fifth Avenue. “He's here […]
Gold retreats from near record high as Fed rate cut speculation grows – FXStreet
Gold failed to break above the resistance of $2,531 and fell to close at $2,493 amid growing expectations of a Fed interest rate cut. U.S. nonfarm payrolls came in weaker than expected, but improving numbers and rising hourly wages raised uncertainty around a 25 or 50 basis point cut. Despite the decline in Treasury yields, […]
Barkley says WNBA ‘f***ed up’ Caitlin Clark opportunity
NBA Hall of Famer Charles Barkley slammed WNBA players for being “mean” toward rookie star Kaitlyn Clark. “Bill Simmons' PodcastFormer players said the WNBA, and especially its players, have handled Clark's rise to fame in the worst way possible. “These women, I'm a WNBA fan, but they couldn't have tried to ruin the Caitlin Clark […]
US adds 142K jobs in August, with Fed poised to cut rates
The U.S. added 142,000 jobs in August, and the unemployment rate fell to 4.2%, according to data released Friday by the Labor Department. The new report is in line with economists' forecasts of 161,000 jobs and an unemployment rate of 4.2 percent, and will be closely watched as the Federal Reserve prepares to cut interest […]