Dow Jones Today: S&P 500, Dow Hit New Record Highs as Investors Prepare for Fed Decision

Major Indexes Have Recovered All of Their Early-Month Losses 15 minutes ago The Dow Jones Industrial, S&P 500 and Nasdaq Composite have managed to claw back all the losses they…

Emergency Congressional Action Needed to Save CFTC Whistleblower Program

In 2021, Congress passed an emergency measure to save the U.S. Commodity Futures Trading Commission (CFTC) Whistleblower Program from financial collapse. This measure is set to expire at the end…

Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says

By Alun John LONDON (Reuters) – Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is unlikely to be as aggressive…

Retail sales top Wall Street estimates in August

Retail sales surpassed Wall Street's estimates in August, as investors keep a close eye on any signs of a slowdown in consumer spending. The data comes as the Federal Reserve's…

Two Sinochem Oil Refineries Declared Bankrupt as Margins Plunge

(Bloomberg) — Two oil refiners in China run by chemical conglomerate Sinochem Group Co. were declared bankrupt, highlighting the headwinds older units face as margins plummet. Most Read from Bloomberg…

Goldman Says Gold May Dip If Fed Opts for Quarter-Point Cut

(Bloomberg) — Gold may face a minor, near-term setback if the Federal Reserve opts for just a 25-basis-point cut this week, but the metal will subsequently rally to a record…

‘Liquid Gold’: Bovine Colostrum Is TikTok’s Latest Supplement Trend. Does It Work?

Bovine colostrum supplements, also known as “liquid gold,” are growing in popularity, in part due to promotion from wellness influencers on social media platforms like TikTok. Bovine colostrum is the…

FTC Staff Issue Report on Multi-Level Marketing Income Disclosure Statements

On September 4, 2024, the Federal Trade Commission announced that it has issued a report that details findings from a review of income disclosure statements from 70 different multi-level marketers (MLMs).…

Goldman Sachs reiterates bullish view on gold prices amid Fed rate-cut hopes

(Reuters) – Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the U.S. Federal Reserve at its…

Dollar pinned down by 50 bp Fed cut bets

SINGAPORE (Reuters) – The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected the start to a U.S. easing cycle that markets…