Business

Yes, rate cuts will be good for stocks. But here’s why it means the Fed will be stimulating an economy that doesn’t need it.  MarketWatch Sell The ‘Fed Cut’ Rally  Seeking Alpha Exercising Fed Put Could Fuel Stock Market Melt-Up  Investing.com Ed Yardeni questions whether Fed is preparing to fuel an already strong economy  MSN Stocks vs. Fed Chair Powell: Will He Sink the …

Facebook Tweet Email Link London  —  Federal Reserve Chair Jerome Powell’s comments at Jackson Hole Friday hinting at the possibility of an upcoming interest rate cut should have been music to President Donald Trump’s ears. Yet days after Powell delivered one of the most important speeches in the financial calendar, the Fed chair was digesting news of the latest twist …

Washington — The Trump administration’s 10% stake in Intel, announced not long after President Trump had called on the chip maker’s CEO to resign, is being criticized by conservatives and some economic policy experts alike, who worry such extensive government intervention undermines free enterprise.  Kevin Hassett, director of the White House National Economic Council, may have fueled those misgivings, telling …

Scoop: Fed fight revives Senate showdown over Trump nominees  Axios Trump wants to shake up the Fed. Stephen Miran has a playbook.  Politico Trump’s Fed pick Miran to get Senate hearing Sept 4  Reuters Trump Pick Miran Is on Track for Confirmation Before Fed Meeting  Bloomberg.com Determining the “independence” of the Federal Reserve! Next week, the U.S. Congress will face a crucial vote, “This …

Morning Bid: Inflation update tests Fed doves  Reuters Tech Stocks Drop in Risk-Off Trade Ahead of PCE: Markets Wrap  Bloomberg.com World shares are mostly lower ahead of a US inflation update  AP News Asia stocks mixed after Wall St hits new highs  Yahoo Finance Precast Concrete Expert Scott Stavig Shares Insights on the Growth of the Rogue Valley in HelloNation  Morningstar Source link

A cozy Earth sounds nice, but we’ll settle for a cozy bed — and these soft, silky, cooling linens deliver. This set has wowed everyone from Yahoo staffers and thousands of online shoppers to — wait for it — Oprah herself. Senior Style Writer Rebecca Carhart, who searched high and low to find the best cooling sheets, awarded this set …

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Tesla said it didn’t have key data in a fatal crash. Then a hacker found it.  The Washington Post Tesla rejected $60 million settlement before losing $243 million Autopilot verdict  Reuters Florida’s $243 million Tesla verdict poses a puzzle | Column  Tampa Bay Times Empro Group Inc Resumes Trading, with Notable Revenue Growth and Strong Profitability Metrics, but Warning Signs and Overvalued Valuation  AInvest …

Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters President Donald Trump on Friday morning asked a judge in a court filing to deny a request by Federal Reserve Board Governor Lisa Cook to issue an order barring Trump from firing her as her …

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Excluding the volatile food and energy categories, prices rose 2.9% from …