A crucial decision is coming up for President Donald Trump: selecting the next chair of the Federal Reserve. This isn't just any decision; it's a big deal because the Fed's actions impact everyone, from individuals taking out loans to businesses investing in growth. The Fed is supposed to be indepe
Wall Street is feeling the heat as tech stocks, once the darlings of the market, are taking a nosedive. The S&P 500 dropped 1. 2% from its record high, while the tech-heavy Nasdaq composite fell 1. 8%. The Dow Jones Industrial Average wasn't spared either, shedding 266 points from its recent peak.
The bond market has had a good year so far, with all major sectors showing gains. Intermediate-term corporate bonds have performed the best, up 9. 0% year to date, while short-term Treasuries have risen 3. 9%, slightly ahead of inflation. This growth comes despite a volatile year marked by shifting
Wall Street is on the brink of achieving new highs, despite some setbacks. The S&P 500 is inching closer to its record high set in October, while the Dow Jones Industrial Average has surged by 664 points, or 1. 4%. However, the Nasdaq composite has taken a slight dip of 0. 2%, largely due to worries
Kelly Osbourne has been vocal about her health and weight struggles for years. As a teenager, she faced harsh criticism about her body, with people telling her she needed to lose weight to be successful. This pressure followed her into adulthood, where she decided to take control of her health. In
The Federal Reserve is at a crossroads. Not only is it grappling with the complex task of deciding interest rates, but it's also facing a leadership change. Jerome Powell's term as chair is ending in May, and President Trump is on the hunt for a replacement. Trump has been vocal about his desire fo
The NCAA women's volleyball tournament is heating up, and it's not just the players' skills that are turning heads. Many of these athletes come from families with a rich history in professional sports. Take Sidney Duncan, for instance. She's a middle blocker for Stanford, and her dad is none other
The Federal Reserve is about to make a big decision. They're likely to lower interest rates for the third time in a row. This move is expected to bring the key interest rate down to between 3. 5% and 3. 75%. But it's not that simple. The Fed is divided. Some members want to keep cutting rates to su
Norman Powell is a well-known NBA player who currently plays for the Miami Heat. He was born in San Diego, California, on May 25, 1993. Powell's family background is a mix of Jamaican and American heritage. His father is from Kingston, Jamaica, but he was not very involved in Powell's life. Powell's
Kevin Hassett is likely to take over as the next Federal Reserve Chairman. This is what prediction markets and President Trump's recent comments suggest. Hassett, currently the National Economic Council director, has been a favorite for this role for months. He's been vocal about lowering interest r
