US Futures Are Steady in Watchful Mood Before Fed: Markets Wrap

(Bloomberg) — US equity futures kept to tight ranges as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision. Most Read from Bloomberg Traders are split…

Gavin Newsom signs AI bills aimed at fighting election deepfakes like those spread by Elon Musk

California Governor Gavin Newsom is signing into law three bills that target the misuse of video, audio, and images created by artificial intelligence in a sweeping effort to crack down…

Analysis-Traders brace for least predictable Fed meeting in years

By Saqib Iqbal Ahmed and Carolina Mandl NEW YORK (Reuters) – Traders in global financial markets are facing extraordinary uncertainty as they await the U.S. Federal Reserve's expected rate cut…

These 4 Factors Can Impact How Many Pounds You’ll Lose on Weight Loss Drugs Like Ozempic

Researchers have used real-world data to identify key factors for long-term weight loss for patients taking GLP-1 drugs like Ozempic and Wegovy. The study identified the type of medication, dosage,…

EPA Bans Ongoing Uses of Chrysotile Asbestos

On March 28, 2024, the U.S. Environmental Protection Agency (EPA) issued a final rule under the Toxic Substances Control Act (TSCA) to address to the extent necessary the unreasonable risk…

Dollar catches footing ahead of Fed

By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an…

Oil Steadies With Middle East Tensions and Stockpiles in Focus

(Bloomberg) — Oil steadied after a two-day gain as traders assessed rising tensions in the Middle East, indications of higher US stockpiles, and the likely course of the Federal Reserve’s…

Moderate Coffee Consumption Linked to Lower Risk of Heart, Metabolic Diseases

New research suggests consuming three cups of coffee or 200–300 mg of caffeine daily may reduce the risk of developing cardiometabolic diseases compared to consuming little to none. Caffeine may…

Bond Traders Favor Half-Point Cut in Fed’s ‘Coin Flip’ Decision

(Bloomberg) — Bond traders are favoring bets the Federal Reserve will kick off its interest-rate cutting cycle with a half-point move this week as debate rages on over whether officials…

Sahm rule creator sees 50-bps Fed rate cut on labor market worries

By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut interest rates by 50 basis…