The Fed now will focus on the employment part of its mission — and for good reason
Officials have made it clear that they are turning their attention from a focus squarely on inflation.
Education Department details FAFSA strategy for the year ahead. But, there is still ‘potential for chaos,’ expert says
The Education Department said it will beta launch the 2025-26 FAFSA ‘to uncover and fix issues’ with the aid application.
Trump Arlington cemetery incident ‘pretty sad,’ Harris campaign says
NPR reported that Donald Trump’s presidential campaign aides had a verbal and physical altercation with an Arlington cemetery official during a visit there.
Likely policies under a Harris presidency and the stocks impacted, according to Jefferies
Analysts at Jefferies identified the sectors and stocks that could be impacted under a potential Harris presidency.
Weekly mortgage demand stalls, even though rates drop to lowest since April 2023
Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.
Elon Musk’s xAI accused of worsening Memphis smog with unauthorized gas turbines at data center
Memphis already has a smog problem. Environmental groups say Elon Musk’s xAI is making it worse with unauthorized use of gas turbines to power its data center.
Treasury yields little changed as investors look ahead to U.S. inflation data
On Wednesday, investors awaited a key U.S. inflation report due later in the week.
NFL wants a cut of private equity investment profits
NFL owners are planning to vote on a proposal Tuesday that would allow private equity firms to take a maximum 10% stake in teams.
Ron Insana says the math adds up to the Fed needing to cut interest rates aggressively
The Fed should be cutting rates by a half, rather than a quarter, point to ensure it is not behind the curve, Insana says.
Trump taps RFK Jr. and Tulsi Gabbard for presidential transition team
Robert F. Kennedy Jr. and Tulsi Gabbard have both endorsed Republican nominee Donald Trump for president over Democratic nominee Kamala Harris.
