NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help ...
New Orleans Saints 2025 second-round pick Tyler Shough got plenty of work in NOLA’s preseason matchup vs. the Los Angeles Chargers, playing the most out of the three quarterbacks who saw the field on Sunday. Shough finished the matchup 15-of-22 passing for 165 yards, a touchdown and an interception, along with two sacks taken. He also threw a pick-6 to ...
In the world of finance, access is often mistaken for inclusion. But as tokenized real-world assets (“RWAs”) move from concept to adoption, we must ask: is access alone enough? Tokenization promises to open capital markets to broader global participation. It aims to make exposure to U.S. equities, government bonds, and yield-bearing products as easy as The post Stock Tokenization’s Biggest ...
President Donald Trump will use the upcoming summit with Russian President Vladimir Putin to test how serious Putin is about ending the war with Ukraine, NATO Secretary General Mark Rutte said Sunday. Rutte told ABC’s ‘This Week’ that the meeting comes as Trump continues to put pressure on Putin, noting the recent secondary sanctions on countries like India, which purchased ...
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time around, the store has a new name — Bed Bath ...
Torrential downpours moved through the Memphis, Tennessee, area late Friday afternoon, halting play and preventing 21 golfers from finishing their second round at the FedEx St. Jude Championship, ultimately wrapping up the round on Saturday morning. But the second and third rounds are in the books. Tommy Fleetwood followed his 7-under on Thursday with a 6-under on Friday and leads ...
Fed Governor Michelle Bowman is pushing for a September rate cut, with the U.S. labor market softening. A Fed rate cut is significant, considering the positive impact it could have on the crypto market. Recent data shows that there is a high probability that the FOMC will lower rates at the September meeting. Michelle Bowman The post Fed’s Michelle Bowman ...
President Donald Trump said Saturday he was nominating U.S. State Department spokeswoman Tammy Bruce to become the next deputy representative to the United Nations. ‘I am pleased to announce that I am nominating Tammy Bruce, a Great Patriot, Television Personality, and Bestselling Author, as our next Deputy Representative of the United States to the United Nations, with the rank of ...
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time around, the store has a new name — Bed Bath ...
The 2025 FedEx St. Jude Championship, the first event of the three-event FedEx Cup Playoffs, teed off Thursday. The second round of action at TPC Southwind in Memphis, Tennessee, was not completed on Friday, however. Play was halted for the day at 4:31 p.m. ET (3:31 p.m. local) due to weather. That sets up a full day of golf Saturday: the ...
Statistics Canada released July’s labor force survey on Friday (August 8). The data shows that the Canadian economy shed 41,000 workers during the month and registered a 0.2 percent decline in the employment rate to 60.7 percent. However, the unemployment rate was unchanged at 6.9 percent. The most significant segment for the decline was among youth aged 15 to 24, ...
Ethereum surged above $4,000 today. It remained above this level even as Binance moved tens of thousands of ETH to market maker Wintermute. Binance’s Ethereum Transfers to Wintermute Spark Market Concerns Data from Arkham Intelligence shows Binance hot wallets sent thousands of ETH to market maker Wintermute within hours of the price surge. The transactions The post Binance Transfers Massive ...