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 […]
Jon Rahm’s Ryder Cup hopes in jeopardy thanks to outstanding DP World Tour fines
The DP World Tour has decided to suspend Jon Rahm's eligibility unless he pays outstanding fines levied as a result of his affiliation with LIV Golf, putting his chances of competing in the Ryder Cup in jeopardy. Rahm, who is in Chicago this week for the LIV event, said he wants to play three DP […]
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 […]
JonBenet Ramsey’s father has high hopes for fifth Colorado chief to take on 30-year murder case
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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 […]
Elon Musk predicts crewed SpaceX flights to Mars by 2028, hopes for ‘self-sustaining city’
SpaceX founder Elon Musk made some bold predictions about human life on Mars in a series of social media posts on Saturday. Writing on X, Musk made the prediction in response to a post by Bill Ackman promoting a “Make America Healthy Again” ad posted by Robert F. Kennedy's former vice presidential candidate Nicole Shanahan. […]
Biden’s Hopes For Gaza Ceasefire Slip Further Out Of Reach As Hamas Abruptly Makes New Demands
President Joe Biden's hopes for a Gaza ceasefire have become even more distant due to new demands from Hamas, The Washington Post reports. Efforts underway for months to achieve a ceasefire between Israel and Hamas and secure the release of American hostages in Gaza have faced several obstacles related to the terms the two sides […]
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 […]