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Traders instantly react to the data (sometimes wildly so), especially when the actual numbers are distinctly different than estimates. Thus, historically, XLU has been correlated with the direction of treasury bonds (which move in the opposite direction of bond yields). Here's a chart with XLU and the TLT 20+ Year Treasury Bond ETF, which we're using since it's the most widely traded treasury bond ETF. From 2022 through 2023, XLU and TLT moved in the same direction more often than not. Another reason is simply that investors are aggressively seeking yield producing instruments, with the understanding that bond yields were destined to fall.
Persons: XLU, That's, TLT, We're Organizations: Federal Reserve, PPI, Utilities, Treasury Bond ETF, Bollinger, CNBC, NBC UNIVERSAL Locations: XLU
CNN —Far be it from anyone to identify a defined strategy in the cat memes that have overtaken the American political conversation in a pivotal election year. Never mind the state’s Republican governor, who also counseled against a campaign visit, called out state troopers to city schools to ease concern about scores of bomb threats. Intentional or not, the insult cued a new round of stories about how the Trump campaign doesn’t seem to mind turning off women voters. Women voters have shifted away from Trump since Harris entered the race, according to polls. “Every time I do a focus group with swing voters, they bring up JD Vance talking about childless cat ladies.
Persons: , Donald Trump’s, Ramaswamy, Vivek Ramaswamy, Roberto Schmidt, Sarah Huckabee Sanders, Kamala Harris, Sanders, Harris, ” Harris, Kristen Soltis Anderson, ” That’s, Harris ”, Anderson, Trump, Sen, JD Vance, Harry Enten, we’ve, Enten, Nicky Jam, He’s, Taylor Swift’s, Billie Eilish’s, Lance Trover, Doug Burgum, Trover, “ I’m, ” Trover, it’s, ” Anderson, Vance, Sarah Longwell, CNN’s Jake Tapper, “ I’ve, ” Longwell Organizations: CNN, Republican, he’d, AFP, Getty, Arkansas Gov, Trump, New York Times, Siena College, Puerto, Pennsylvania doesn’t, North Dakota Gov, The New York Times, Trump Republican Locations: Ohio, Springfield, Springfield , Ohio, Michigan, Puerto Rican, Las Vegas, Philadelphia, Pennsylvania
CNN —The Champions League returned on Tuesday with a bang. Bayern beat Dinamo Zagreb of Croatia 9-2 at Allianz Arena, becoming the first team in Champions League history to score nine goals in a single match. “What were my chances of setting foot even in the Premier League, playing in the Premier League, winning something as a player, playing for the national team? Kylian Mbappé opened his Champions League account for Real, scoring just after half-time before Deniz Undav equalized for the German side. It was the first game in Champions League history to feature five US players, per Goal.com.
Persons: Vincent Kompany, Striker Harry Kane, Michael Olise, Frenchman, Thierry Henry, Raphaël Guerreiro, Leroy Sané, Leon Goretzka, Daniel Kopatsch, Kompany –, Premier League –, , ” Kompany, “ I’m, , Frank Hoermann, SVEN SIMON, Kylian Mbappé, Deniz Undav, Antonio Rüdiger, Endrick’s, Raúl, Carlo Ancelotti, ” Ancelotti, “ Endrick, Endrick, Thomas Coex, Weston McKennie, McKennie, Tim Weah, Malik Tillman, Richard Ledezma, Ricardo Pepi, Christian Pulisic, Pulisic’s, Ibrahima Konaté, Virgil van Dijk, Dominik Szoboszlai, Zeno Debast, Viktor Gyökeres ’, Angel Gomes, Debast’s, Gualter Fatia Organizations: CNN, Champions League, European soccer’s, Bayern Munich, Bundesliga, Bayern, Dinamo Zagreb, Allianz Arena, UEFA, Anorthosis Famagusta, League, Borussia Dortmund’s, Legia Warsaw, English, Burnley, Premier League, Real, Real Madrid, Blancos, Stuttgart, Getty, American, Juventus ’, PSV Eindhoven, Juventus, PSV, AC Milan, Liverpool, San, Sporting CP’s, Lille, Sporting, Sporting CP, PSV Eindhoven Young Boys, Aston Villa Bayern Munich, Dinamo Zagreb AC Milan, Liverpool Real Madrid, VfB Stuttgart Sporting CP Locations: European, Croatia, Brussels, Congo, Belgium, Madrid, AFP, San Siro, Milan, Lisbon, Lille, Debast
Why do you think that's the case? Have you thought about how you're going to handle people saying that the election was fraudulent? Related storiesIt's not what gets talked a lot about, but that's actually what users experience. But there's going to be people who go, "What happened to so-and-so conspiracy theorist? I'd heard, and I think there's been some reporting out that you guys made an offer for that package.
Persons: We've, Neal Mohan, Mohan, , Snapchat, they're, we've, They're, it's, Donald Trump, that's, Rudy Giuliani, what's, I've, I'd, there's Organizations: Service, YouTube, Google, CNN, New York Times, Fox News, ABC, Elon Musk, Twitter, NBA, Warriors Locations: India
How to play the Fed decision using options on gold
  + stars: | 2024-09-18 | by ( Tony Zhang | ) www.cnbc.com   time to read: +3 min
Gold is trading at all-time highs due to a combination of inflation concerns, geopolitical risks, and expectations around monetary policy. Historically, gold tends to benefit from dovish monetary policies, especially when they signal prolonged low interest rates, which reduce the opportunity cost of holding non-yielding assets like gold. Gold has maintained its bullish momentum, trading near $2,600, and appears to be breaking into new all-time highs. Looking at the chart, gold has consistently made higher highs and higher lows, a sign of strong upward momentum. The trade To express a bullish to neutral view on gold going into the Fed announcement, consider selling a SPDR Gold Shares (GLD) Nov 1 $237.5/232.5 Put Vertical @ $2.02 Credit.
Persons: GLD Organizations: CNBC, NBC UNIVERSAL Locations: Central
Even as teenagers, the three Alexander brothers were notorious for being predatory, according to multiple people who knew them at the time. AdvertisementHofeldt said she'd seen the Alexander brothers around at parties before she met them during the 2003-2004 school year. Several months after the assault, Hofeldt invited the brothers' friend Julian Cohen to her house in the middle of the night. Oren Alexander and Howard Lorber at a party at Sir Ivan's Castle in the Hamptons in July 2011. The Alexander brothers have been accused by multiple people of assaulting women in tandem on numerous occasions.
Persons: she'd, Oren, Alon Alexander, Alon, , Aaron Davidson, Alexander, Tal, Douglas Elliman, Kate Whiteman, Rebecca Mandel, Whiteman, Mandel, Angelica Parker, Renée Willett, Evan Torgan, Hunter Abrams, James, Shlomy, Orly, Michael M, Abby Hofeldt, choo, Rae Rae, Hofeldt, clotheslined, Gavin, they'd, Hofeldt's, Margo Hofeldt, Abby, Julian Cohen, Felix Cohen, Shlomy Alexander, Elliman, Douglas, Howard Lorber, Lorber, Oren Alexander, Steven Henry, Sir Ivan, Howard, Howard's, Oren's, James Ferraro, Ferraro, Ken Griffin, Bart's, Dina Goldentayer, Sean Zanni, Patrick McMullan, Barbara Fox, Beckford, Fox, Douglas Elliman's Erik Schneider, Jeff Miller, Brown Harris Stevens, Ken Griffin's, Griffin, Tal didn't, Douglas Elliman's, Gary Hershorn, Tal masturbated, texted Oren, Oren didn't, hadn't, Justin Ross Lee, he'd, Scott Roth, Lee, Matthew Peyton, Beth, Alon messaged Beth, Instagram, Beth messaged Alon, Beth Beth's, Floyd Mayweather Jr, Conor McGregor, Michael Stern, Stern, Mayweather, McGregor, Marc Patrick, what's, Sara Militello, Nicole Oge, Deanna Paul, Daniel Geiger Organizations: East Hampton, Business, Getty, Deal, FBI, Street Journal, Kent Security, Krop, High School, North Miami Beach, Miami Country Day, Miami Country Day School, Bacardi, University of Colorado, University of Maryland, Hofstra University, Sir, Hamptons, Manhattan, Forbes, Miami Beach, Douglas Elliman's, Real, New York Fashion, Art Basel, Vogue, Bath Club Estates, New York, Fox Residential, Board, New, Faena, Street, BI, Miami Herald, Tal, Peaceman Productions, UFC, Las Vegas, JDS, Brooklyn Tower, Stern of JDS, New York Post Locations: Long, Florida, Soho, Las Vegas, New York City, New York, Miami, South Florida, Orly Alexander, Israel, North Miami, Krop, Aventura, Hofeldt, Boulder, Sir Ivan's, Manhattan, Dominican Republic, Malibu, St, Brazilian, Elliman, Bath, New, Corcoran, Southampton, Water, East Hampton, Instagram, Teterboro , New Jersey, Las, Vegas, Teterboro, Brooklyn, what's
New York Democrats offered a wide array of excuses for their disastrous 2022 midterms, when Republicans flipped four seats outside New York City on their way to winning a narrow US House majority. Now, less than two months out from the 2024 general election, the state party, its campaign season allies, chastened candidates and Gov. D’Esposito is one of five New York GOP freshmen facing an onslaught from Democrats determined to claw back suburban voters. “New York is the reason Democrats lost the House in 2022,” said Pamela Shifman, president of the Democracy Alliance, a liberal group spending big in New York this year. “There’s more focus than there was the last couple cycles, both from the state party, but also obviously the national committees,” the strategist said.
Persons: Kathy Hochul, Donald Trump’s, Anthony D’Esposito’s, Laura Gillen, Joe Biden, Gillen, Marc Molinaro, Mike Lawler, Nick LaLota, Brandon Williams, Kamala Harris, , Pamela Shifman, Nancy Pelosi, Pelosi, , Jay Jacobs, ” Hochul, Andrew Caballero, Reynolds, Ana María Archila, Archila, Trump, Hakeem Jeffries, Jeffries, Kirsten Gillibrand, Lizzy Weiss, Hochul, Andrew Cuomo, Tom Suozzi, Republican George Santos, Gabby Seay, Chip Somodevilla, “ Jeffries, “ He’s, Seay, Michael Bloomberg, Elizabeth Frantz, Lawler, Sean Patrick Maloney, Mondaire Jones, ” Lawler, Jones, Roe, Lee Zeldin, Riley Gaines Organizations: CNN, New York Democrats, Republicans, Gov, Democratic, Republican Rep, New York GOP, Trump, Democracy Alliance, Politico, Democratic National Convention, New, Getty, Families Party, Democratic Congressional, Committee, New York’s, Republican, , Capitol Visitor Center, GOP, PAC, New York Fund, Empire, New York, Congressional, Democrats, Rep, , Working, Party, US, Wade, Convention Locations: New York City, Long, York, Hudson, Central New York, “ New York, New York, Chicago, AFP, Washington ,, strategizing, strategize, Gaza, Suozzi, Hudson Valley, State
Ben Higgins tried to parlay his Bachelor success into a political career, but the campaign didn't last long. The focus on Bachelor Nation also makes sense given the franchise's viewership is dominated by one of the most crucial swing votes of recent elections: white women. In the past two presidential elections, white women were the most closely split demographic subgroup tracked by major exit polls. In 2016, Donald Trump won over 52% of white women against Hillary Clinton's 43%, exit polls found, while Trump bested Joe Biden in 2020 among white women 55% to 44%. The overlap between the swingiest demographic and the "Bachelor" audience suggests Bachelor Nation has value to those who seek to lead our nation.
Persons: Ben Higgins, Charming, Higgins, He's, that's, Acierto, Young Sheldon, Joey Graziadei's, Graziadei, Doug Emhoff, Kamala Harris, Chad Kultgen, Lizzy Pace, Pace, Harris, Kultgen, Joey Graziadei, John Fleenor, Walz, Big, YouGov, Donald Trump, Hillary Clinton's, Trump, Joe Biden, Hulu —, they're, Natasha Scott, Reichel, Rose, Scott, Claire Fallon —, , Becca Kufrin's, Fallon, Emma Gray, Garrett Yrigoyen, Kufrin, Yrigoyen, — Colton Underwood, — Fallon, Matt James, Rachael Kirkconnell, James ', Chris Harrison, it's, Justine Kay, Charity Lawson —, Joe Biden's, he's, Juliana Kaplan, Andy Kiersz Organizations: Disney, ABC, NFL, Valentine's, White, Daily, Nation, Pew Research, Trump, Hulu, Girls, Bachelor Nation Locations: American, Colorado, America, Atlanta, Quinnipiac, Georgia, North Carolina, Hulu, Washington
But a series of data points showing worsening economic conditions has made some analysts believe a 0.5% cut is more likely — and perhaps even necessary. “We do not seek or welcome further cooling in labor market conditions,” Fed Chair Jay Powell said in a speech last month. “A (0.5%) cut is usually done in emergencies,” like the Covid-19 pandemic, said Mark Zandi, chief economist at Moody’s financial group. Mortgage interest rates have hit their lowest level since February 2023, while auto loan rates are also falling. A 0.5% cut would more directly affect rates tied to the fed funds rate, including credit cards, home equity lines of credit and small-business loans.
Persons: Steve Liesman, Jay Powell, Bill Dudley, ” Dudley, Preston Mui, Mui, , , Mark Zandi, Greg McBride, ” McBride Organizations: Federal, CNBC, Wall, Minneapolis Federal Reserve, Federal Reserve Bank of New, Bloomberg News, Fed, Bankrate Locations: Minneapolis, Federal Reserve Bank of New York, America
Based on the Boston Globe and Wondery podcast “Gladiator: Aaron Hernandez and Football Inc.” and adapted by Stuart Zicherman, “American Sports Story,” which premieres Tuesday on FX, chronicles Hernandez’s meteoric rise to NFL superstardom and his stunning fall from grace after his arrest and eventual conviction of first-degree murder in 2015. Aaron Hernandez was a monster, a killer — and that’s just the way people talked about him. Michael DeHoog / Getty Images fileIn the years since his death, Hernandez’s sexuality has been the subject of much speculation, with some of his loved ones claiming he had come out as gay. “A person struggling with his sexuality in the NFL when Aaron played in 2010, 2011, would not have been tolerated, not one bit,” Zicherman said. Josh Rivera as Aaron Hernandez in "American Sports Story: Aaron Hernandez."
Persons: Aaron Hernandez, Odin Lloyd, Ryan Murphy’s buzzy, Stuart Zicherman, NFL superstardom, Hernandez, that’s, ” Zicherman, , Zicherman, Josh Andrés Rivera, , ” Murphy, Nina Jacobson, Brad Simpson, O.J, Simpson, Gianni Versace, Clinton, Lewinsky, , Hernandez’s, ” Rivera, Steven Spielberg’s, ” Aaron Hernandez, Michael DeHoog, Dennis SanSoucie, Aaron, Chris, Jake Cannavale, Shayanna Jenkins, Jaylen Barron, must’ve, Rivera, Hernandez “, SanSoucie, Josh Rivera, Eric Liebowitz, FX Rivera, I’m, it’s, doesn’t Organizations: New England Patriot, Boston Globe, Football Inc, NFL, NBC News, Boston, , NBC Locations: Boston, Massachusetts, Jacksonville, Fla, Florida
After one of most dramatic “Bachelorette” finales in the reality show’s history, lead Jenn Tran is getting by with a little help from a friend. Tran said she’s been “leaning” on Johnson, especially after the emotional season ended with Tran proposing to finalist Devin Strader, before it was revealed he had ended the engagement by phone. In front of a studio audience, a tearful Tran explained that Strader began pulling away before breaking off the engagement. Jonathon Johnson and Jenn Tran in Los Angeles on Sept. 13. “With all the support that I’ve been getting from women and men of color, it’s just felt so, so healing.
Persons: Jenn Tran, Tran, who’s, she’s, “ Bachelorette, Jonathan Johnson, Johnson, Devin Strader, “ Jonathan’s, ” Tran, “ I’m, Jonathan, It’s, that’s, , Strader, , Jonathon Johnson, Elyse Jankowski, “ It’s, Jenn, I’ve, James Organizations: NBC News, Locations: Los Angeles, New Jersey, Miami, Hawaii, American
Jane’s Addiction singer Perry Farrell has apologized to bandmates and fans for “inexcusable behavior,” hours after news broke that the second half of the group’s reunion tour was being canceled after a fight broke out on stage Friday. We hope that he will find the help he needs.”Dave Navarro, left, and Perry Farrell of Jane's Addiction perform at Trinity College Park in Dublin on June 28. Navarro was not the first in the Jane’s camp to suggest that Farrell was dealing with serious mental health struggles. Nonetheless, Navarro and Avery seem to be of one accord, along with Jenkins, in their ultimate response to what went down. We would have loved to have completed the rest of the dates on the tour with Jane’s Addiction but unfortunately the matter is out of our hands.
Persons: Perry Farrell, Farrell, Dave Navarro, ” Farrell, Navarro, Eric Avery, , ” Dave Navarro, Jane's, Kieran Frost, Redferns, Dave, Eric, Stephen, Perkins, , Farrell’s, Etty Lau Farrell, Avery, Jenkins, “ chugging, Etty, “ Dave, Perry, Organizations: Variety, Trinity College Park, Getty, Live Nation, Rockets, YouTube, Boston’s Locations: Boston, Dublin, Bridgeport , Toronto, Rochester Hills, Milwaukee, Chicago, Indianapolis, Huntsville, St, Louis, Denver, Sandy, Seattle, Portland, Reno, San Francisco, Los Angeles, L.A
A Florida sheriff released the mugshot and video of an 11-year-old child charged with a felony of making the written threat of a mass shooting. "Since parents, you don't want to raise your kids, I'm gonna start raising them," Volusia County Sheriff Mike Chitwood said at a news conference Friday. Volusia County Sheriff's OfficeIn the video, the child is handcuffed behind his back as deputies take him inside the jail. "Go talk to the families who have lost a loved one in a school shooting. The Volusia County Sheriff's Office said in a news release on Friday that two teenagers, ages 13 and 14, allegedly posted threats on TikTok and Instagram.
Persons: I'm, Mike Chitwood, Detectives, He's, he's, Sheriff Chitwood, It’s, I’m, that’s, Don’t, Chitwood Organizations: Middle School, Sands Middle School, NBC, Police, Volusia County Sheriff's, Volusia County Schools Locations: Florida, Volusia County, Port Orange, Florida's Volusia, Volusia
A golfing partner of Donald Trump has described the dramatic moment he heard gunshots and saw Secret Service agents dive on top of the former president during the apparent assassination attempt at his Florida golf course Sunday. The entire team converged on top of him, except for the snipers," Witkoff told NBC’s “TODAY” show. Joe Raedle / Getty ImagesTrump then made sure everyone present was OK, Witkoff said, including other friends who were on the course and the Secret Service agents. Witkoff said Trump has faith in the Secret Service and "respects them tremendously." He slows down on the golf course.
Persons: Donald Trump, Steve Witkoff, Trump, Ryan Routh, Routh, there's, Witkoff, NBC’s, Joe Raedle, It's, Joe Biden, Kamala Harris, That's Organizations: Secret, NBC, Service, Trump, FBI, Trump International Golf Club, Secret Service, Green New Locations: Florida, West Palm Beach, Fla, Pennsylvania
Aaron Dyer, an attorney for Combs, had described the searches in March as a “gross overuse of military-level force.”Authorities walk near a property belonging to Sean "Diddy" Combs in Los Angeles on March 25. Jones alleged that Combs was attempting to groom him into having a sexual relationship with him. Paul was named as an employee of Combs’ in Jones’ suit, which described him as someone who acquires and distributes drugs and guns on Combs’ behalf. The assault is alleged to have occurred days before Sean Combs hosted a New Year’s Eve yacht party with celebrity guests. Combs' attorney Marc Agnifilo said his client was the subject of "what we believe is an unjust prosecution."
Persons: Sean “ Diddy ” Combs, Combs, Damian Williams, Aaron Dyer, Sean, Diddy, Eric Thayer, Cassie, , Casandra Ventura, Joi Dickerson, Neal, Dickerson, Jan, , Liza Gardner, Gardner, Aaron Hall, Gardner “, Jane Doe, Harve Pierre, Angela Weiss, Pierre, Doe, Rodney Jones, Rodney “, Rod ” Jones, ” Jones, Jones, Giorgio Viera, Brendan Paul, Jones ’, Dyer, Combs “, there’s, ” Dyer, “ Mr, ” Brendan Paul, Paul, Brian Bieber, Christian Combs, Grace O’Marcaigh, Sean Combs, O'Marcaigh, ” Combs, I’m, ” Meredith Firetog, ” Firetog, , , Danity Kane, Dawn Richard, Kane, Richard, Marc Agnifilo, Agnifilo Organizations: Southern, of, Federal, U.S, NBC News, New York, Syracuse University, MCA Records, NBC, Getty, U.S ., Homeland Security Investigations, Officials, Dade, Homeland Security, CNN, MTV Locations: New York City, U.S, of New York, Manhattan, New York, Los Angeles, New, Harlem, Detroit, Michigan, Florida, Los Angeles and New York, U.S . Virgin Islands, Miami Beach, Angeles, Miami, Bahamas, Court
A rare strong earthquake struck near Midland, Texas, on Monday evening, triggering more than 1,000 reports of shaking, the U.S. Geological Survey reported. The USGS received more than 1,400 reports of shaking. People as far away as Fort Worth — 282 miles east — and Austin — 322 miles southeast — reported feeling the earthquake. Ackerly is about 60 miles north of Midland. The USGS says that fracking can be linked to a small percentage of earthquakes and that more are attributable to wastewater disposal.
Persons: Austin Organizations: U.S . Geological Survey, Fort Worth, Austin —, Earthquakes, Rockies Locations: Midland , Texas, U.S, Ackerly, Fort Worth —, North America, Midland, fracking
The National Hurricane Center calls it Potential Tropical Cyclone 8 and said in forecast updates that the front will weaken as it travels over terrain overnight. Similar volunteer weather stations at other coastal locations, including at Military Ocean Terminal Sunny Point in Southport, reported more than 14 inches of rain, the weather service said. A National Weather Service forecaster said that it was too soon to say whether the amounts were record breakers but that the weather service office in Wilmington is likely to have that answer late Tuesday morning. A flash flood event was confirmed in the community of Kelly, about 38 miles inland from Wilmington, the weather service said. The disturbance was 45 miles west of Cape Fear and traveling north-northwest at 7 mph, the National Hurricane Center said in its latest advisory.
Persons: Roy Cooper’s, Cooper Organizations: ., National Hurricane Center, Weather Service, Carolina, Gov, National Weather Service, North Carolina Transportation Department, Cherry Branch, Emergency, Center, Atmospheric Administration, Carolinas, NBC News, Federal, NBC Locations: North Carolina, Carolina Beach, Wilmington, Southport, New Hanover County, Kelly, Brunswick County, Leland, Isle, Swansboro, Cape Carteret, Cedar, Minnesott, Bayview, Aurora, Sampson, Duplin, Brunswick, New Hanover, Onslow, Pender, Cape Fear, Cape Hatteras, , Virginia, West Virginia, Maryland, Pennsylvania, Delaware , New Jersey, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpaceX will sue the FAA for regulatory overreach, Elon Musk posts on XCNBC's Steve Kovach joins 'The Exchange' with breaking details about SpaceX after Elon Musk posted on social media platform X that the company would sue the FAA.
Persons: Elon Musk, Steve Kovach Organizations: SpaceX, FAA, Elon
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlackRock, Microsoft planning more than $30 billion fund to invest in AI: Financial TimesCNBC's Steve Kovach joins 'Closing Bell Overtime' to talk breaking news about Microsoft and BlackRock AI investment fund.
Persons: Steve Kovach Organizations: BlackRock, Microsoft
International credit scores generally do not transfer to credit scores in the U.S. Nova Credit allows immigrants from some countries to apply for credit with an international credit score. FICO VantageScore Payment history (35%) Payment history (40%) Credit balance (30%) Length & type of credit (21%) Length of credit history (15%) Percent of credit used (20%) New credit (10%) Total debt/balances (11%) Mix of credit accounts (10%) Recent credit behavior and inquiries (5%) Available credit (3%)Varying reporting standardsOther countries have credit-scoring systems that differ from the United States. Check for applying without a U.S. credit history — While filling out a credit card application, check a box with "apply without having a U.S. credit history." Along with exploring credit scores, credit reports, and how to build credit, Jennifer analyzes how current economic trends impact everyday people and offers her expert advice on budgeting, saving, and growing wealth in today’s economy.
Persons: Misha Esipov, Dun, Bradstreet, Equifax, TransUnion, you've, Jennifer, Read Organizations: Nova Credit, Popular, Nova Credit's, Nova, American Express, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: U.S, United States, America, Experian, Nova, Canada, Japan, Australia, Brazil, Dominican Republic, India, Kenya, Mexico, Nigeria, Philippines, South Korea, Spain, Switzerland, TheGrio, New York City
The meeting wraps up Wednesday afternoon, with the release of the Fed's rate decision coming at 2 p.m. "I hope they cut 50 basis points, but I suspect they'll cut 25. Here's a breakdown of what's on tap:The rate waitThe FOMC has been holding its benchmark fed funds rate in a range between 5.25%-5.5% since it last hiked in July 2023. The 'dot plot'Perhaps just as important as the rate cut will be the signals meeting participants send about where they expect rates to go from here. In June, FOMC members penciled in just one rate cut through the end of the year.
Persons: Jerome Powell, William McChesney Martin Jr, Andrew Harnik, they'll, Mark Zandi, that's, Tom Simons, Zandi, Robert Kaplan, There'll, Seema Shah, FOMC, Moody's, Goldman Sachs, Powell presser, Goldman, Simons Organizations: Federal Reserve, Committee, Moody's, Wall, Jefferies, Dallas Fed, CNBC, Asset Management Locations: Washington , DC
A sheriff in Ohio who made disparaging remarks about Vice President Kamala Harris and immigrants on social media is suggesting that local residents compile a list of addresses where they see yard signs in support of the Democratic presidential nominee. In a public Facebook post Friday, Sheriff Bruce Zuchowski of Portage County used anti-immigrant rhetoric and denounced both Harris and her supporters. I say...write down all the addresses of the people who had her signs in their yards! Zuchowski, the Portage County Sheriff’s Office and the Harris campaign did not immediately respond to requests for comment Monday afternoon. Springfield is a little less than 200 miles southeast of Portage County.
Persons: Kamala Harris, Sheriff Bruce Zuchowski, Harris, We’ll, Zuchowski, Donald Trump, Sen, JD Vance, Springfield Mayor Rob Rue Organizations: Democratic, Facebook, Sheriff’s, NBC, Press, Springfield Mayor Locations: Ohio, Portage County, Portage, Aurora , Colorado, Springfield , Ohio, Springfield, . Springfield
Nearly 1,000 homes and businesses were covered by evacuation orders in La Porte, according to the city's statement. Additionally, the La Porte Independent School District said shelter-in-place orders were in place at multiple campuses in the district. A pipeline carrying natural gas liquids burns near La Porte, Texas, on Sept. 16, 2024. Deer Park said in its own statement that a Walmart location and an H-E-B grocery store were also covered by shelter-in-place orders. Multiple reunification sites in Deer Park and La Porte, including an activity center and a church, have been made available to evacuees.
Persons: La Porte, Lekan, I’ll, Jerry Mouton Jr, Mouton Organizations: La Porte Independent School District, Energy, San Jacinto, Facebook, Emergency, Control, Deer Park Locations: Houston, Deer Park, Pasadena, La, La Porte, La Porte , Texas, Deer, Porte, Harris
Amazon is requiring its workers to return to the office full time. He noted that the company's three-day-a-week policy, instituted in 2023, had only reinforced the view that a full return was necessary. Amazon joins a growing list of major U.S. firms returning to a five-days-a-week office policy, including Boeing, JP Morgan Chase and UPS. However, according to data from FlexIndex, a firm that tracks company office policies, a majority of U.S. firms still offer hybrid arrangements. "As we have grown our teams as quickly and substantially as we have the last many years, we have understandably added a lot of managers," Jassy said.
Persons: Andy Jassy, Jeff Bezos, Jassy, JP Morgan Chase, it’s, ” Jassy, It’s Organizations: Amazon, Boeing, UPS Locations: FlexIndex, U.S
The Miami Heat on Monday blasted "hateful speech" aimed at Haitian immigrants, who have been targeted by baseless claims they're stealing and eating pets in Ohio. "The false narrative surrounding them is hurtful and offensive and has sadly made innocent people targets of hateful speech and physical threats," the team said in a statement on Monday. Several schools and municipal buildings were closed in Springfield last week after threats were called in to the Ohio community. The threats unfolded in the wake of wild and completely baseless claims of Haitian immigrants stealing and eating pets. Those lies have gained strength in the past week, with Tump and Vance spreading the fringe, far-right tales.
Persons: Donald Trump, JD Vance, Florida's, Vance, , he's, that'll, Vanessa Cardenas, Sophia Pierrelus Organizations: Miami Heat, Dade, NBC, CNN, Union, America's Locations: Ohio, Springfield , Ohio, Florida's Miami, Dade County, Springfield, “ State, Port, Columbus
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