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 […]

Kentucky I-75 shooter at large as police search for person of interest

The search resumed early Sunday in southeastern Kentucky as police searched for a suspect in a shooting near Interstate 75 that left seven people injured in a shooting and car crash, authorities said. According to the Laurel County Sheriff's Office, the shooting happened around 6 p.m. Saturday near Exit 49, and deputies are searching the […]

Fed interest rate cuts won’t help your credit card debt

Former CEO of the Federal Reserve Bank of St. Louis James Bullard discusses interest rate cuts and the labor market on “The Craman Countdown.” Wall Street and Main Street are poised to usher in the fall with the first interest rate cut since March 2020, when the COVID-19 pandemic began, raising hopes of lower borrowing […]

Fed’s preferred inflation gauge ticked up in July as likely interest cut looms

The Federal Reserve's preferred measure of inflation rose slightly last month and consumer spending also grew robustly, suggesting the economy remains strong and providing a case for the central bank to oppose a half-percentage-point interest rate cut next month. The Commerce Department said on Friday that the personal consumption expenditures (PCE) price index rose 0.2% […]

Rep. Jordan subpoenas political consulting firm where Judge Merchan’s daughter works in ‘conflicts of interest’ probe

On Wednesday, House Judiciary Committee Chairman Jim Jordan (R-Ohio) issued a subpoena to a political consulting firm headed by Judge Juan Marchand's daughter, Lauren. According to letter In the letter, sent to Michael Nellis, founder and CEO of Authentic Campaigns, the company said:[ed] It neglected its obligation to “voluntarily comply with the Committee's scrutiny,” including […]

Can Telegram CEO’s arrest spur interest in Monero again? – AMBCrypto News

Monero's emphasis on privacy is a double-edged sword, but it is also its greatest strength and a deterrent to price increases. Despite being recently delisted from major exchanges, XMR has proven resilient in the spot market. Prices for most cryptocurrencies fell late Tuesday, with Bitcoin (BTC) dropping below $59,000, while Ethereum (ETH) saw a more […]