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Author: prosperplanetpulse.com
Markets rebounded sharply from yesterday’s sell-off on Friday as the latest consumer sentiment and inflation data strengthened expectations that the Federal Reserve will begin cutting interest rates in September, while big banks kicked off earnings season with mixed results.The day kicked off with some economic news stoking optimism about the Fed’s dovish stance. On the inflation front: U.S. Bureau of Labor Statistics The ministry said the producer price index (PPI), which measures wholesale price inflation, rose 0.2 percent in June, slightly above economists’ expectations of a 0.1 percent increase. Core PPI — an important measure for the Fed that excludes…
Lady Gaga’s song “Stupid Love” is trending again, but it’s thanks to another pop star.On July 11, singer Katy Perry released the song and music video for “Woman’s World,” which immediately caused a frenzy on the Internet, with many comparing it to Gaga’s song “Stoopid Love.” Chromatica Album of 2020.”Woman’s World” is the lead single from Perry’s upcoming album. 143 It is due for release on September 20. The song was produced by Dr. Luke, while Gaga’s song “Stupid Love” was produced by Max Martin. Dr. Luke and Max Martin have worked together on several previous songs, but they did…
(Bloomberg) — The world’s largest bond market is at an inflection point, with U.S. Treasuries looking to erase losses in 2024 as traders begin to accept the prospect of three interest rate cuts this year.Most read articles on BloombergOptimism tied to fading inflation was on full display in Treasuries this week, with data expected to back lower borrowing costs as early as September, sending yields lower across the board. The yield on the two-year Treasury note, which is more sensitive to Federal Reserve monetary policy than longer-term bonds, fell 15 basis points this week to 4.45%, its lowest level since…
Cleveland Browns tight end David Njoku has had an interesting time since being selected in the first round of the 2017 NFL Draft. Injuries limited him to just four games in 2019, and he started just five the following season. A misguided trade request was made in the summer of 2020, but it was withdrawn in the fall and his contract was reinstated. In the end, N’Joku’s potential always seemed to exceed his ability. Related: Edge Power Rankings: Browns’ Myles Garrett is the best by himself But then it all started to settle in. Njoku’s production has been strong over…
Mandel Ngan/AFP/Getty Images US President Joe Biden speaks during a press conference at the closing of the 75th NATO Summit at the Walter E. Washington Convention Center in Washington, DC, July 11, 2024. Washington CNN — President Joe Biden met with House Democratic Leader Hakeem Jeffries on Thursday after a high-profile solo presidential news conference to launch a belated outreach campaign to a key group of lawmakers, the kind of effort Democrats have long sought. During the meeting, Jeffries “expressed directly the extensive insights, heartfelt views and conclusions about the path forward that the caucus shared during our recent meeting,”…
CLARKSBURG, W.Va. (WBOY) — A New Jersey woman has pleaded guilty to wire fraud for running an investment scheme that caused more than $300,000 in losses for victims in West Virginia and elsewhere. According to a press release from the United States Department of Justice (DOJ), Diana Mae Fernandez, age 38, a/k/a “Diana Fernandez Copolan,” “Dana Fernandez” and “Dajana Co,” of Bergenfield, New Jersey, pleaded guilty on Friday. According to the Department of Justice, Fernandez told his victims he ran investment companies called “The Self Made Success” and “Diana Mae K., LLC,” and that he used social media to solicit…
Kent Nishimura/Getty Images Rep. Thomas Massie wears a pin badge showing a real-time tally of the national debt during a House Rules Committee business meeting on April 18, 2024 at the U.S. Capitol in Washington, DC. Editor’s note: Maya McGuineas is chair of the bipartisan Committee for a Responsible Federal Budget (CRFB). All opinions expressed in this commentary are her own. Further comments On CNN. CNN — There are several signs of government financial mismanagement that no country should ignore: increasing debt without justification, interest payments that strain other parts of the budget, and promising future benefits with no plan…
Nashville, Tennessee – Today, Tennessee Governor Bill Lee, in partnership with the U.S. Department of Transportation and the State of Arkansas, announced plans to replace the I-55 bridge over the Mississippi River, marking the largest transportation investment in Tennessee’s history. The U.S. Department of Transportation today notified Congress of a groundbreaking federal investment of approximately $400 million that will cover half the cost of replacing the I-55 Bridge over the Mississippi River, also known as the Mississippi River Bridge. American River CrossingThis investment marks an important step towards improving regional and national connectivity and security. “This unprecedented investment in Memphis…
FORT LIBERTY, N.C. – In the face of many dangers, U.S. Army technology has adapted to protect commanders and Soldiers on the modern battlefield, propelling the Army into 2030. Leaders like Command Sergeant Major Corey Wilkens, command sergeant major for XVIII Airborne Corps’ 20th Engineer Brigade, have witnessed firsthand the advances in technology over the past 22 years. The brigade’s mission is to provide engineer support to forces across the Army, joint force and Special Operations Command. “What I’ve learned as a combat engineer is that when we’re in need, government, industry and the United States are there to help…
You’re reading Jennifer Rubin’s exclusive newsletter. Sign up to get it delivered to your inbox.This week we consider the prospects for sustaining our democracy, select a notable person of the week, and introduce a timely book.What caught my eyeFor now, President Biden remains the presumptive Democratic nominee. I say “for now” not to further fuel the calls for him to drop out of the race, but simply to acknowledge that we cannot predict how this will end (obviously, calls for him to drop out of the race would only infuriate him).Strangely, we find ourselves in the situation France found itself…