In a recent speech to a group of Fed watchers in New York, Federal Reserve Governor Michelle Bowman expressed her concerns about the potential need for interest rates to move higher in order to control inflation. This stance is quite different from the general expectation in the market, which is leaning towards rate cuts. Bowman
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Citi recently made some bold predictions regarding the future of cocoa and coffee prices, citing adverse weather conditions and demand expectations as key factors. While benchmark ICE cocoa futures in New York traded lower at $9,370 per metric ton, the contract has seen a significant surge of over 120% this year, surpassing the $10,000 threshold
Iowa’s monumental 94-87 victory over LSU in the Elite Eight not only secured their spot in the Final Four but also made history in women’s college basketball. According to ESPN, the game drew an astounding 12.3 million viewers, setting a new record for the most-watched women’s college basketball game to date. This impressive figure surpassed
The beginning of the year brought a wave of optimism for investors, with the S & P 500 clocking its best first quarter performance since 2019. However, this strong start may not necessarily translate into smooth sailing for the rest of the year. According to CFRA’s Sam Stovall, the recent uptick in volatility could be
The U.S. Treasury yields experienced a slight increase on Monday, with the 10-year yield rising marginally, while the 2-year yield saw a decrease. At 6:34 a.m. ET, the benchmark rate was trading at around 4.208%, with the 2-year Treasury note showing a 4.599% yield. The fluctuation in yields is crucial for understanding market sentiments and
The recent actions of former President Donald Trump have once again sparked controversy and raised concerns about the use of violent imagery in politics. Trump shared a video on social media that depicted President Joe Biden bound and restrained in the back of a pickup truck. This 20-second video, taken in Long Island, New York,
President Joe Biden, along with former Presidents Barack Obama and Bill Clinton, came together for a fundraiser at Radio City Music Hall that turned out to be a star-studded event. The fundraiser was a huge success, bringing in an impressive $26 million. The event was attended by over 5,000 supporters, with celebrities like Queen Latifah,
Former Sen. Joseph I. Lieberman passed away at the age of 82, leaving behind a legacy of dedication to his family, his faith, and his country. His family announced his death in a statement on Wednesday, revealing that he had suffered complications from a fall before his passing. Despite political differences, Lieberman was remembered by
Boeing, the American aerospace giant, finds itself embroiled in yet another controversy due to a series of mid-flight technical failures. The recent incident involving a door panel blowing off a new Alaska Airlines 737 Max 9 midair on Jan. 5 has once again brought attention to the company’s manufacturing practices. According to Tim Clark, the
Donald Trump recently announced a partnership with country music star Lee Greenwood to promote a line of expensive Bibles on Truth Social, sparking controversy and debate. The “God Bless the U.S.A. Bible” is priced at $59.99, with additional fees for shipping and other charges. This venture has raised questions regarding the intersection of religion, patriotism,