Fed-Fueled Bonds on Track for Longest Run of Gains Since 2010
(Bloomberg) — Treasuries are poised for their longest monthly winning streak in 14 years as traders bet on more half-point reductions in interest rates as the Federal Reserve aims for…
Dow Jones Today: Stocks Rise After Encouraging Inflation Report; Dow Hits Record
Bristol Myers Squibb Rises on Schizophrenia Drug Approval 59 minutes ago Shares of Bristol Myers Squibb (BMY) rose Friday, a day after the Food and Drug Administration (FDA) approved the use of…
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
WASHINGTON (AP) — The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest…
Traders bet on second straight 50 bps Fed rate cut in November
(Reuters) – Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a government report Friday showed inflation rose modestly in…
Wall Street fears lower-than-anticipated iPhone demand as shipping times shrink
It’s been a week since Apple’s (AAPL) iPhone 16 lineup went on sale, and Wall Street isn’t happy with the early results. That’s because shipping times for the company’s latest…
Revisions Show US Economy Is Still Flying High
Hard luck for the hard-landers yesterday. Yesterday's GDP report was full of upward revisions: Some of the hard-landers expected GDP to be revised lower after a large gap between GDP…
Fed Governor Lisa Cook Says She ‘Wholeheartedly’ Backed Half-Point Rate Cut
(Bloomberg) — Federal Reserve Governor Lisa Cook said she “wholeheartedly” supported the central bank’s move last week to cut interest rates by a half percentage point, citing a slowing labor…
Oil Heads for Deep Weekly Loss on Prospects for Jump in Supply
(Bloomberg) — Oil extended a sharp two-day drop, putting prices on course for a substantial weekly decline, on prospects of more supply from OPEC members Saudi Arabia and Libya. Most…
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- Medicine Blog
- September 27, 2024
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Brooke Shields on Why Embracing Aging and Prioritizing Preventive Health in Her 50s Feels ‘Like a Superpower’
Brooke Shields is speaking out about the importance of preventive health for people over 50. Specifically, Shields is working to encourage others to embrace aging and the increased risk of…
Fed Exploring Tying Liquidity to Uninsured Deposits, Barr Says
(Bloomberg) — The US central bank is exploring adjustments to its liquidity framework, including requirements that would aim to protect uninsured depositors. Most Read from Bloomberg The potential rule would…
