$1,100,000,000,000 Pours Into US Banks Amid High Interest Rates As JPMorgan Chase, Bank of America Pay Pittance To Depositors: Report – The Daily Hodl
After two and a half years of the Fed's “prolonged high interest rate” policy, US banks have reportedly collected more than $1 trillion. The high interest rate system has allowed thousands of U.S. banks to earn higher yields on their Fed deposits, according to data from the Federal Deposit Insurance Corporation (FDIC). report Financial Times. […]
Harris Vows to ‘Stop the Flow of Illegal Fentanyl’ After Drug Deaths Hit Record High on Her Watch
Vice President Kamala Harris is visiting the border state of Douglas, Arizona, primarily to discuss the domestic fentanyl crisis, saying she will “stop the flow of illicit fentanyl” into the United States. Meanwhile, under Harris and President Joe Biden's watch, drug-related deaths hit record highs. “I am on my way back to Arizona to receive […]
Sewage Eruption In China Leads To 30-Foot High Poop Volcano In Viral Video
A sewage eruption in China spewed human feces more than 30 feet into the air, and the whole thing was caught on camera. Video showed poop gushing out from a burst pipe on a section of road under construction on Tuesday morning. Shocking footage of the eruption showed poop being launched high into the air…and […]
Mike Tyson may be high on weed or mushrooms vs. Jake Paul
Mike Tyson may be soaring with confidence during his match with YouTube star turned boxer Jake Paul. The former heavyweight champion is scheduled to fight noted provocateur Paul on July 20 in Texas, but has been asked multiple times whether his recreational use of psychedelic drugs will affect the fight. Recently, Tyson appeared on “Jimmy […]
Dow advances to record high after inflation report; small caps outperform By Reuters – Investing.com
Written by Johan M. Cherian and Purvi Agarwal (Reuters) – The blue-chip Dow rose to a new intraday high on Friday as a positive inflation report paves the way for the Federal Reserve to continue easing interest rates while focusing on strengthening the labor market. Small-cap stocks outperformed as the market opened. Consumer spending rose […]
Westfield vs. Brownsburg leads this week’s must-watch high school football games
Another week of high school football is upon us, and this week looks much different than previous weeks in terms of the number of top games. Still, there are plenty of interesting showdowns scheduled for Friday, so let's break down this week's top five matchups across the country. Central Thomas County (Georgia) vs. Lee County […]
Core Inflation Ticks Up To 2.7%, Stuck At High Level Since May
Key indicators of inflation appear to remain well above levels consistent with the Federal Reserve's price stability goal. On Friday, the Bureau of Economic Analysis said the so-called core personal consumption expenditures (PCE) price index, which excludes food and energy prices, rose 0.1% from July. This was in line with expectations and lower than last […]
Dow hits all-time high as Wall Street cheers cooling inflation
The Dow rose more than 400 points to an all-time high on Friday as a positive inflation report cleared the way for the Federal Reserve to focus on strengthening the labor market while continuing to ease interest rates. did. In recent trading, the Dow Jones Industrial Average rose 442 points, or 1%, to $42,617. The […]
Gold price consolidates below record high as traders await US PCE Price Index – FXStreet
Gold prices hit new highs on Thursday on the back of dovish expectations from the Federal Reserve. Amid a risk-on mood and overbought conditions, modest gains in the US dollar are capping gains. Traders are now looking forward to the US PCE price index before betting on the direction. Gold prices (XAU/USD) fell during Asian […]
USD/JPY sitting around its recent high circa 145.05 after the Tokyo inflation data – ForexLive
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