interest rates

Indicators

Will Fed’s Latest Rate Cut Be Powell’s Last?

Photo via BONNIE CASH/UPI/Newscom

The latest reading of policymakers’ preferred inflation gauge is still coming in well above officials’ 2% target at 2.8%.

2 min read

Photo via Kyodo/Newscom

Economics

Traders Say a December Rate Cut Is Coming. The Fed Isn’t so Sure

Ahead of the Federal Open Market Committee’s meeting Wednesday, the CME Group’s FedWatch tool has the odds of a quarter-point cut at 87%.

1 min read
Photo by krblokhin via iStock

Consumer

What’s the Beef? For American Grocery Shoppers, It’s Meat Prices

US shoppers are now paying an average price of $6.60 per pound of ground beef, according to the US Bureau of Labor Statistics.

1 min read
Photo via Dirk Shadd/ZUMA Press/Newscom

Media & Entertainment

Callaway Unwinds Sub-Par Acquisition of Topgolf

The deal values Topgolf at $1.1 billion, roughly half of what Callaway paid for the entertainment brand in 2020.

2 min read

Markets

Wall Street Leaders’ Fears of Froth Finally Bubble into Markets

Photo via JOHN ANGELILLO/UPI/Newscom

Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.

2 min read

Markets

Gold’s Shining Moment: From Portfolio Fuddy-Duddy to Must-Have

Photo illustration by Connor Lin / The Daily Upside, Photo by Anna Zasimova via iStock

The gold standard hasn’t made a comeback, but the precious metal’s price is breaking records as confidence in the US dollar fades.

5 min read

Economics

Is Powell Snubbing Interest in 2nd Fed Rate Cut?

Photo by Federal Reserve Board via Public Domain Mark 1.0

In a speech in Rhode Island, Jerome Powell reminded Wall Street and the world that The Fed remains in a “challenging situation.”

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Silvae via iStock

ETF Upside

Why Rate Cuts Could Benefit an Already Booming ETF Industry

The Federal Reserve’s decision may not have been a surprise, but ripple effects are already being felt across the industry.

2 min read
Photo via M. Chang/ZUMAPRESS/Newscom

Finance

Can a Fed Rate Cut Boost the Magnificent Seven to New Heights?

In a note last week, JPMorgan’s Andrew Tyler wrote that macro conditions could turn a widely-expected rate cut into a “sell the news” event.

2 min read
Photo via Paul Weaver/ZUMAPRESS/Newscom

Real Estate

Lowe’s Lays Foundation for Housing Rebound

In an interview with Barron’s, Lowe’s CEO Marvin Ellison said a rebound is inevitable in America’s something’s-gotta-give housing market

2 min read

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