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Forex Today: US CPI cooled hopes for a Fed’s 50 bps rate cut – FXStreet

Things to watch out for on Thursday, September 12: Financial markets turned risk averse after the U.S. released its August Consumer Price Index (CPI). The Bureau of Labor Statistics reported that the annual CPI rose 2.5% year-on-year, slowing from the previous 2.9%. The core annual figure also came in at 3.2%, in line with July's […]

Dow drops over 600 points as inflation data dashes hopes for big Fed rate cut

Wall Street's main stock indexes fell on Wednesday after the latest inflation reading beat expectations of further interest rate cuts from the Federal Reserve, while Democrat Kamala Harris' chances of winning the presidential election rose following the televised debate. In recent trading, the Dow Jones Industrial Average fell 635 points, or 1.6%, to 40,102. The […]

Bette Midler Hopes Trump Will ‘Poop’ His Pants During Debate with Kamala Harris

Disney Hocus Pocus 2 star Bette Midler couldn't resist making a low-key statement ahead of Tuesday's presidential debate. Bette Midler described a bizarre defecation fantasy she had of watching former President Donald Trump defecate on stage during a live ABC broadcast, writing, “I can't wait to watch you defecate in your pants on national television […]

Jessica Pegula hopes new-found confidence lead to US Open title

There was truth behind the humility and self-effacing humor. Jessica Pegula didn't believe it. Not in her heart. But her confidence has grown over the past year — no, over the past few weeks. The win advanced her to Saturday's U.S. Open final. Jessica Pegula is hoping her newfound confidence will lead to victory over […]

Red Bull pinning their F1 title hopes on the United States Grand Prix

The past two F1 race weekends have seen Red Bull sound the alarm about their title chances: Lando Norris's dominant victory at the Dutch Grand Prix, followed by struggles from Max Verstappen and Sergio Pérez at the Italian Grand Prix, saw McLaren cut Red Bull's lead in the constructors' championship to single digits. And Charles […]