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☆ How Wall Street makes money by predicting the Fed’s decisions
▼ + stars: | 2023-09-20 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

There, you will find a bar chart plotting the share of traders predicting a rate hike, cut or no change in interest rates at an upcoming meeting. Traders’ actions translate into interest rate decision probabilitiesWhen the Fed changes interest rates it’s actually changing what’s known as the federal funds rate target range. The federal funds rate is the interest rate banks charge each other to borrow money, and it impacts the interest rate consumers pay for a variety of loans, including some mortgages. But it wasn’t until 2013 that the CME Group launched the FedWatch tool, giving everyone access to the information without having to do complex calculations. Why the FedWatch Tool is so closely followedThe Fed’s interest rate decisions can have serious implications for your investments.

Persons: that’s, Jerome Powell, ” Powell, Agha Mirza, Mirza, ”, FedWatch, ” Mirza, Alex McGrath, Ben Bernanke, Ken Kuttner, Powell’s Jackson, Dow, Greg Daco, Daco, McGrath, ” McGrath Organizations: New, New York CNN, Federal, Chicago Mercantile Exchange, CME Group, CNN, Fed, Index, “ Investors, Williams College Locations: New York, EY

☆ Bob McGrath, a ‘Sesame Street’ original, dies at 90
▼ + stars: | 2022-12-05 | by ( ) www.nbcnews.com time to read: +4 min

Bob McGrath, an actor and recording artist who became a generational icon as one of the original human stars of “Sesame Street,” died Sunday. McGrath’s death was confirmed by his family members through a post on his Facebook page: “The McGrath family has some sad news to share. He played the friendly neighbor Bob Johnson, a “Sesame Street” mainstay across five decades and 47 seasons of broadcast television. In 1969, McGrath stepped into his signature role on “Sesame Street,” which was a pop culture force from its debut on the then-fledging PBS network in November 1969. McGrath was indelibly associated with “Sesame Street” for the rest of his career.

CNN —Bob McGrath, an original cast member of the beloved children’s program “Sesame Street,” has died, according to statements from his family and Sesame Workshop shared on social media. Our father Bob McGrath, passed away today. The Sesame Workshop paid tribute to McGrath’s nearly five decades on the show in a thread on Twitter. “A founding cast member, Bob embodied the melodies of Sesame Street like no one else, and his performances brought joy and wonder to generations of children around the world,” the statement read in part. “Sesame Street” cast member Alan Muraoka paid tribute to his “role model.”“Words cannot begin to express what Bob meant to me: a role model, a mentor, a friend.

SKIP AHEAD Cyber Monday 2021 bestsellers | Is Cyber Monday a thing? What to buy and what to skip on Cyber MondayWhen Cyber Monday began, it was known as a tech-heavy deals day, said Kristin McGrath, shopping expert and senior editor at RetailMeNot. Apple products are often discounted during sales events like Black Friday, Cyber Monday, and AirPods, Apple Watches and Apple Pencils were all top sellers on Cyber Monday 2021. Because the line between Black Friday and Cyber Monday has blurred over the years — and because deals now start so early — many shoppers are wondering, is Cyber Monday still a “thing”? “Cyber Week” refers to the week after Cyber Monday, which is full of sales and deals from online retailers.

☆ Black Friday vs. Cyber Monday Deals: Which are better?
▼ + stars: | 2022-10-26 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +10 min

Black Friday deals started in October this year, while Cyber Monday sales can extend a whole week with additional sales online. Beyond that, retailers generally launch their online Black Friday deals months before Thanksgiving, giving online shoppers a jump-start. “Cyber Monday will offer TV deals as well, but many retailers stick to the tradition of Black Friday TV doorbusters and really pump out those deals on Black Friday,” McGrath said. Cyber Monday typically outperforms Black Friday in terms of sales: Black Friday raked in $8.9 billion in 2021, while Cyber Monday hit $10.7 billion, according to data from Adobe Analytics. While Cyber Monday claims the top spot when it comes to e-commerce spending, Black Friday consistently narrows that gap as the number of online Black Friday sales increases exponentially.

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