Dollar Is Close to Erasing 2024 Gains as More Fed Cuts Loom

(Bloomberg) — The US dollar is on the verge of erasing all of its gains this year on bets the Federal Reserve will slash rates at a faster pace than…

Australia CPI inflation slows to 3-year low of 2.7%

SYDNEY (Reuters) – Australian consumer price inflation slowed to a three-year low in August due to government rebates on electricity and a drop in petrol, while core inflation hit its…

Australia inflation slows to 3-year low in Aug, core also trends lower

By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early…

SEC Revises Tick Size, Access Fees and Round-Lot Definition and Takes Steps to Disseminate Odd-Lot and Other Better Priced Orders

On September 18, the Securities and Exchange Commission (SEC or the Commission) adopted amendments to Rule 612 (Tick Sizes) and Rule 610 (Access Fees) under Regulation NMS under the Securities…

Visa stock plunges 5% as feds sue over alleged debit card monopoly

Over 60% of the more than $4 trillion in debit transactions that take place in the U.S. every year are routed to Visa’s electronic payments network, Attorney General Merrick B.…

NY Fed’s Perli: Markets were prepared to view last week’s rate cut properly

By Michael S. Derby NEW YORK (Reuters) – The central bank official responsible for implementing monetary policy at the New York Federal Reserve said on Tuesday financial markets were prepared…

Psilocybin More Effective In Treating Depression Than SSRIs, Study Finds

A new study compares psilocybin — the active compound in magic mushrooms, with a common antidepressant medication. During 6 months of follow up, both drugs effectively improved depressive symptoms. Psilocybin,…

How ‘Parks and Recreation’ Star Retta Learned to Manage Glucose Health After Diabetes Diagnosis

Actor Retta shares her personal journey with type 2 diabetes and learning about glucose health. She is spreading awareness for National Glucose Awareness Week, which will take place from September…

Temporary Injunctive Relief for Nondebtors in Bankruptcy Court Post-Purdue Pharma

In June, in Harrington v. Purdue Pharma L.P., 144 S. Ct. 2071 (2024), the Supreme Court held that the Bankruptcy Code does not, as part of a bankruptcy plan, allow nondebtors to…

OPEC Doubles Down on Forecast for Unfettered Oil Demand Growth

(Bloomberg) — OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate…