- August 3, 2024
The U.S. economy is getting closer to a recession. What is the Fed waiting for?
The Fed should cut rates by 0.5% before the Jackson Hole meeting in late August, says Investment manager Louis Navellier. Source link
Nasdaq enters correction territory as recession fears slam stocks
Friday’s stock-market pullback saw the Nasdaq Composite enter correction territory. Source link
The Fed is preparing not just for a solo rate cut — but a rate-cutting campaign
The market has a sinking feeling that the Fed has fallen behind the curve. Source link
Simone Biles says she loves her ‘Black job.’ It’s an apparent dig at Donald Trump.
The Olympic gold medalist appeared to respond to contentious remarks by the former president and current Republican presidential nominee about the threat to “Black jobs.”
‘Inside Out 2’ success is AMC’s saving grace in Q2, stock rises 1.2%
AMC reported a quarterly loss in line with forecasts, saying it saw a boost from Disney’s “Inside Out 2.” Source link
2-year Treasury yield sinks to lowest closing level since May 2023 after soft July jobs report
Treasury yields plummeted on Friday, sending the policy-sensitive 2-year yield down by the most in more than a year, after a weaker-than-expected July jobs report
An ugly July jobs report revives talk of recession and bigger Fed rate cuts
Wall Street is betting the Federal Reserve will slash a key interest rate by a half point in September after an ugly U.S. jobs report
Amazon’s stock flashes this downtrend warning for the first time in over a year
Amazon’s stock has fallen Friday below a widely followed long-term trend tracker, to flash a warning that a downtrend may have started. Source link
You can retire abroad without being rich — or George Clooney — but it helps to have these 3 things
Retiring abroad for a lower cost of living sounds great. How this couple makes it work. Source link
Fed chief Powell has a new catalyst for cutting rates after putting goodies ‘on the table’
Also, new rules for home buyers, an estate planning mistake to avoid and a passing of the torch for Big Tech Source link