Supreme Court tests limits of Trump’s power over the economy in fight over Fed’s Lisa Cook
Supreme Court tests limits of Trump’s power over the economy in fight over Fed’s Lisa Cook
Feds
Houston Homeowners Win Hurricane Harvey Appeal Against Feds
A federal appeals court has ruled that the government is liable for damage to homes that flooded upstream of the Addicks and Barker dams after Hurricane Harvey unleashed more than 50 inches of rainfall on the Houston region in 2017. A three-judge panel in the U.S. Court of Appeals for the Federal Circuit ruled unanimously
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Plans for Attack in New Orleans Thwarted, Feds Say
Plans to “carry out an attack” in New Orleans were thwarted after an ex-Marine was arrested while on the way to the Louisiana city with guns and body armor in the car, according to court documents obtained Tuesday by The Associated Press. Micah James Legnon, 28, was charged with threats in interstate commerce. Federal authorities
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Money Printing 2.0? The Fed’s New Emergency Measure
Dave:The Fed cut rates again yesterday. They also at the same time announced a new measure that they typically reserve for more emergency style crises that seems to be somehow flying under the radar. But today we’re gonna unpack it, all of it. We’re gonna talk about the Fed’s announcement, some of the details behind
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Fed’s Rate Cuts Could Have Impacts You Might Not Anticipate
(Image credit: Getty Images) Interest rate cuts have been at the forefront of financial conversations this year. The Federal Reserve raised interest rates from nearly 0% to over 5% from 2022 to 2023 to help curb high inflation due to excessive spending. The Fed is finally starting to cut rates as it grapples with still-sticky
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Fed’s Beige Book Finds Softening Job Market
Key Takeaways The Fed’s latest Beige Book shows a slightly weaker job market as employers slow hiring, cut hours, or rely on attrition instead of layoffs. Consumer spending softened and price pressures persisted, giving policymakers mixed signals ahead of a potential year-end interest-rate decision. The job market weakened a bit this month as some employers
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Fed’s December Cut Debate Heats Up, Now With More Data
Key Takeaways Federal Reserve officials are sharply divided over whether to cut interest rates in December, with some citing cooling labor data and others warning inflation remains too high. The split has fueled volatility in markets, with investors’ expectations for a December rate cut swinging wildly as new data and Fed comments emerge. Markets are
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Stock Futures Rise to End Down Week; Fed’s Williams Signals Support for December Rate Cut; Bitcoin Tumbles Further
Stock futures pointed higher to end a week that has seen major equities indexes sell off on concerns about AI spending and valuations of big tech firms, while the price of bitcoin continued to fall amid risk-off market sentiment. Futures associated with the Nasdaq were up 0.5% after the tech-heavy index sank 2.2% yesterday, while those
How the Fed’s Next Rate Move Could Impact Your Wallet
Throughout 2025, the Federal Reserve has kept interest rates steady after cutting them by a full percentage point in 2024. But signs are emerging that change may be on the horizon. Inflation appears to be cooling, the job market is showing signs of softening, and at the August Jackson Hole, Wyoming, conference, Fed Chair Jerome
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The Fed’s First Big 2025 Rate Decision Is Almost Here—Are You Ready for the Impact?
Key Takeaways After five rate holds this year, the Fed finally appears ready to make a cut—with a move widely expected next week. The announcement will also reveal where Fed officials see rates heading for the rest of 2025. A Fed cut means savings, money market, and CD rates will also drop. You can’t stop
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