Chile Inflation Undershoots Forecasts Before Rate Decision
(Bloomberg) — Chile’s consumer prices rose less than forecast last month, providing the central bank with some good news as policymakers signal they will cut the interest rate again next…
Oil retreats as investors pare bets on Middle East war risk after sharp rally
By Emily Chow SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Tuesday as traders took profits from a rally in the previous session that lifted the market…
Fed’s Williams says appropriate again to cut rates ‘over time’, FT reports
(Reuters) -Federal Reserve Bank of New York President John Williams said that it will be appropriate again for the central bank to reduce rates 'over time,' after September's big half…
Are You Eligible for Passport Renewal Online?
In good news, the State Department has announced the roll-out of its new online passport renewal system. Eligible individuals can renew their 10-year passports online without having to mail in any documentation.…
Emerging-Market Currency Rout Deepens as Traders Temper Fed Bets
(Bloomberg) — Emerging-market currencies declined for a fifth consecutive session on Monday as traders scaled back bets on another big interest-rate cut from the Federal Reserve amid signs of a…
Fed’s Musalem argues for more rate cuts, says data to drive easings
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy moves forward…
Short-Dated Muni Bonds Swoon as Fed Rate-Cut Bets Revised
(Bloomberg) — The shortest-dated municipal bonds sold off after a blowout jobs report caused investors to recalibrate the odds of another big interest-rate cut from the Federal Reserve. Most Read…
Stocks Fall as Traders Dial Back Fed-Cut Wagers: Markets Wrap
(Bloomberg) — Stocks fell as traders trimmed bets on Federal Reserve rate cuts, sending Treasury 10-year yields above 4%. Brent crude jumped to $80 a barrel, with mounting tensions in…
Dow Jones Today: Major Stock Indexes Move Lower as Treasury Yields Rise
Pfizer Rises on Report of Starboard Stake 36 minutes ago Shares of Pfizer (PFE) rose Monday following a report that activist investor Starboard Value has taken a roughly $1 billion…
What Digital Advertisers and Influencers Need to Know About the FTC Final Rule Banning Fake Consumer Reviews and Testimonials
As previously blogged about here, following notices of proposed rulemaking in 2022 and 2023, on August 22, 2024 the Federal Trade Commission finalized a rule that will impose monetary civil penalties…