How Will Friday's Jobs Report Affect The Fed's Decision on Interest Rate Cuts? Key Takeaways A worse-than-expected report on the labor market in August raised the odds that the Federal Reserve would open its rate cut campaign in September with a jumbo 50-point cut.Job growth ... 09/6/2024 - 4:50 am | View Link
The Federal Reserve Kept Interest Rates Too High for Too Long: Now What? In 2022, when the Fed realized that it had been late in addressing the inflation surge, it raised interest rates in twenty-five, fifty, or even seventy-five-basis-point increments to regain inflation ... 09/6/2024 - 4:11 am | View Link
Fed likely to cut interest rates as U.S. adds 142,000 jobs in August, slightly fewer than expected The U.S. added 142,000 jobs in August, slightly below economists' expectations while unemployment decreased from 4.3% to 4.2%. CBS News business analyst Jill Schlesinger has more on what that means ... 09/6/2024 - 2:57 am | View Link
Fed’s Williams Says Now Appropriate to Lower Interest Rates Federal Reserve Bank of New York President John Williams said it is now appropriate for the central bank to reduce interest rates, given progress on lowering inflation and a cooling in the labor ... 09/6/2024 - 1:45 am | View Link
The Fed's Rates Might Change Soon. Will You Be Affected? The Federal Reserve is expected to lower interest rates in September. Read on to see how that might impact your finances -- for better or worse. 09/6/2024 - 12:07 am | View Link
The Greater Washington area has a long history of influential business leaders powering the growth of our region and the strength of their communities. On Nov. 20, 2024, the Washington Business Hall of Fame will welcome four such leaders to receive our region’s signature lifetime business achievement award. The Hall of Fame brings these visionaries (the best in business) to the table with the next generation of leaders (the next in business), through an experience that connects and inspires us…
Elon Musk unveiled a new supercomputer that runs on 100,000 Nvidia GPUs. Not everyone's impressed. Richard Bord/GettyElon Musk's xAI has a new AI supercomputer that runs on a whopping 100,000 Nvidia GPUs. That could help Musk's company catch up to some AI frontrunners, like Meta. But some tech leaders aren't impressed.
The tiny home the author stayed in was just 139 square feet — slightly smaller than a standard US parking space. Erin LiamOn a recent trip to Lazarus Island, a Southern Island in Singapore, I stayed in a 139-square-foot home. I spent $290 on the one-night stay at Tiny Away, one of two accommodations available on the island.
A millennial couple moved from New York City to a one-bedroom house in Vermont. Full Joy Farm. Taylor and Tatum Barnes left New York City for a more affordable, permanent home in Vermont. The couple bought a one-bedroom fixer-upper with 2.6 acres of land in Vermont for $160,000. The slower pace of life in the countryside has been refreshing compared to the bustle of the city, Taylor said.
Despite its vast collection of 10,000 glasses, 67 Pall Mall Singapore recommends the versatile universal wine glass for most wines.67 Pall MallLuxury wine club 67 Pall Mall in Singapore has around 10,000 glasses — but it recommends one for nearly every wine. The universal wine glass's shape and breadth make it perfect for wine and Champagne.
Russia's President Vladimir Putin met Mongolia's President Ukhnaagiin Khurelsukh recently. Mongolia did not arrest Putin even though the country is a ICC member. Vyacheslav Prokofyev/Pool/AFP/Getty ImagesRussian President Vladimir Putin is meeting leaders from China, India, Vietnam, and Indonesia amid heavy sanctions. Russia seeks to end diplomatic isolation by engaging with "swing nations" beyond autocratic allies.