Fed Governor Michelle Bowman was the lone dissenter on the central bank's move to cut rates by 50 basis points. Horacio Villalobos/Getty ImagesStock indexes continued to rise after Monday's record close.Investors are parsing through data and Fed commentary to determine future rate cuts.On Tuesday, Fed Governor Michelle Bowman explained why she dissented against a deep cut in September.Stocks on Tuesday extended a winning streak that has pushed the Dow Jones Industrial Average and the S&P 500 to fresh records.Both indexes closed at all-time highs on Monday amid rising outlooks that the Federal Reserve will deliver another half-point interest rate cut in November.

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BING NEWS:
  • Stock market today: Indexes add to records as traders parse more economic data and Fed comments
    Stock indexes continued to climb after a record close on Monday, as investors tuned in to new commentary from Fed officials.
    09/24/2024 - 2:47 am | View Link
  • Dow Scores Record High; Investors Parse Key Economic Data
    Stocks are moderately higher Monday afternoon, as investors digest September's manufacturing and services PMI readings ...
    09/23/2024 - 5:17 am | View Link
  • Stock market today: Indexes extend gains as investors gear up for fresh economic data
    Minneapolis Fed President Neel Kashkari said he expects the Fed to cut interest rates by another 50 basis points before the end of the year.
    09/23/2024 - 3:05 am | View Link
  • Stock Market Today: Dow scores new record close as expectations grow for jumbo rate cut
    Oil futures on Monday marked their highest settlement in nearly two weeks, building on last week’s gains despite the latest downbeat economic data ... Traders on the prediction-market platform ...
    09/15/2024 - 10:39 pm | View Link
  • Stock market today: Wall Street’s best week of 2024 closes with indexes near their records
    Asian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to expectations.
    09/13/2024 - 10:30 am | View Link
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  • Developer looking to build Roxborough “Nordic spa” faces first county vote
    Denver Post, Tuesday - 09/24/2024 - 05:00 PM

    A Canadian firm that wants to build a “Nordic spa” near Roxborough State Park goes before Douglas County leaders for the first time Tuesday evening. The county commission is set to vote on whether to approve a metro district for a 35-acre site largely surrounded by Arrowhead Golf Course. The land, which features jagged red rock formations, is owned by Calgary-based Pomeroy Lodging. Metro districts are quasi-governmental bodies that have a number of legal powers and financial tools that aid in development of a property.

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  • Buz Koelbel, family development firm’s second generation, dies at 72
    Denver Post, Tuesday - 09/24/2024 - 05:00 PM

    Buz Koelbel, who led his father’s Denver-area real estate firm for nearly 40 years before stepping down from the top job earlier this year, has died. Koelbel, 72, died Thursday from blood cancer, according to his family. Buz Koelbel (Provided by Koelbel and Co.) Koelbel’s father, Walter A. Koelbel Sr., was a Michigan native who moved to Colorado for military training in World War II, then stayed to attend the University of Colorado Boulder.

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  • Sherman & Howard, Denver’s oldest law firm, merging with Cincinnati firm
    Denver Post, Tuesday - 09/24/2024 - 03:52 PM

    Sherman & Howard, Denver’s oldest and third-largest law firm, is merging with Taft, a law firm that started in Cincinnati and is expanding west. Stefan Stein, CEO of Sherman & Howard, said in an interview Monday that the Denver firm had been exploring strategies for growth over the past couple of years. “It’s a difficult spot to be in the market in a 125-to-a-150-lawyer, full-service law firm and be able to handle virtually anything that comes in the door,” Stein said.

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  • Stellantis searches for a new CEO to cut losses
    Fast Company, Tuesday - 09/24/2024 - 02:47 PM

    Stellantis said Tavares’s five-year contract is a little over a year from its expiration date in 2026. Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part of a normal leadership succession plan. Tavares has been under fire from U.

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  • This Minnesota plant is getting a $123 million boost from the U.S. government to make more chips
    Fast Company, Tuesday - 09/24/2024 - 02:21 PM

    The award will allow Polar Semiconductor to nearly double its output. The U. S. Commerce Department said on Tuesday it had finalized a $123 million grant for Polar Semiconductor to expand its plant in Minnesota, which would allow the company to nearly double its U. S. production capacity of power and sensor chips.

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  • Jeffco planning commission casts unanimous vote against proposed 250-acre Conifer bike park
    Denver Post, Tuesday - 09/24/2024 - 12:59 PM

    The Jefferson County Planning Commission has recommended against the approval of a proposed chairlift-access mountain bike park in Conifer — taking a unanimous vote that could be a bad sign for the first-of-its-kind attraction in Colorado. Jeffco’s county commissioners will have final say over the future of the 250-acre Shadow Mountain Bike Park and a special use permit the project is seeking.

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