Key Takeaways Chances of a Fed rate cut for December fell after minutes from the most recent Fed meeting revealed more members opposed another rate cut that month than were for it. Fed officials are divided about whether to lower rates to save the job market or keep them higher for longer to fight inflation. […]
FOMC Minutes Show Divided Fed, And Cast Doubt On December Interest Rate Cut Read More »
Key Takeaways The Bureau of Labor Statistics will publish its report on Thursday on September job creation, after a six-week delay caused by the government shutdown. U.S. employers are forecast to have added 51,000 jobs, more than the 22,000 in August, although less than the 147,000 average in the 12 months through April. Uncertainty about
Trump buys at least $82 million in bonds since late August, disclosures show
Trump buys at least $82 million in bonds since late August, disclosures show Read More »
Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf. With many companies concerned over Europe’s tough-to-meet carbon emissions targets for 2035, several said
Automakers Debut New EVs, Affordable Models at Munich Car Show Read More »
Cries for help came from the pitch-black woods, from rooftops and from attics that shifted unsteadily as the water rose. Firefighters and police raced to help, having little guidance on where or how. Top emergency leaders were asleep or out of town. Using recordings of first responder communications, weather service warnings, survivor videos and official
Emergency Recordings Show Chaos of Deadly Texas Floods Read More »
Amid a backdrop of tumultuous markets, questions on the outlook for interest rates and tariff uncertainty, publicly-traded REITs continued to post net operating income growth and maintain strong balance sheets, according to the latest Nareit Total REIT Industry Tracker Series report. REITs posted 4.8% year-over-year growth in NOI and 2.7% growth in same-store NOI. On
REITs Show Strong NOI Growth Amid Market Volatility Read More »