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Fed Chair Powell indicates interest rate cuts ahead: 'The time has come for policy to adjust' https://www.cnbc.com/2024/08/23/fed-chair-powell-indicates-interest-rate-cuts-ahead-the-time-has-come-for-policy-to-adjust.html Aug 23, 2024 - Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
Powell Hints At Near-Term Interest Rate Cut: 'The Time Has Come For Policy To Adjust' https://www.rttnews.com/3470782/powell-hints-at-near-term-interest-rate-cut-the-time-has-come-for-policy-to-adjust.aspx?type=alleco Aug 23, 2024 - In a highly anticipated speech at the Jackson Hole Economic Symposium in Wyoming on Friday, Federal Reserve Chair Jerome Powell seemingly confirmed expectations that the central bank is prepared to begin lowering interest rates. "The time has come for policy to adjust," Powell said.
Down 30%, Now Is a Great Time to Buy This Artificial Intelligence (AI) Growth Stock While It Is Incredibly Cheap https://www.fool.com/investing/2024/08/23/down-30-now-is-a-great-time-to-buy-this-artificial/?source=iedfolrf0000001 Aug 23, 2024 - The rapid growth this chip stock has been delivering is likely to be rewarded with more upside on the market.
3 Dividend Stocks to Double Up on Right Now https://www.fool.com/investing/2024/08/23/3-dividend-stocks-to-double-up-on-right-now/?source=iedfolrf0000001 Aug 23, 2024 - It's time to load up big on these three stocks that boast a solid track record of dividend payments.
Japan Core Inflation Edges Up In July https://www.rttnews.com/3470679/japan-core-inflation-edges-up-in-july.aspx?type=alleco Aug 22, 2024 - Japan's core inflation edged up in July as expected on higher energy prices but underlying inflation fell below the 2 percent target for the first time since 2022, adding uncertainty over another interest rate hike from the Bank of Japan. Core inflation that excludes prices of fresh food rose marginally to 2.7 percent in July from 2.6 percent in June.
Eurozone Consumer Confidence Weakens For First Time In 7 Months https://www.rttnews.com/3470636/eurozone-consumer-confidence-weakens-for-first-time-in-7-months.aspx?type=alleco Aug 22, 2024 - Consumer confidence in the euro area deteriorated for the first time since early this year, preliminary survey data from the European Commission showed Thursday. The flash consumer confidence index eased to -13.4 from -13.0 in July. Economists had expected the reading to remain unchanged.
Jim Cramer looks at reasons for the market decline and provides new views on 3 stocks https://www.cnbc.com/2024/08/22/jim-cramer-looks-at-reasons-for-the-market-decline-and-3-stocks-movers.html Aug 22, 2024 - Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
2 Up and Coming Technology Services Companies to Invest in Now https://www.zacks.com/stock/news/2325972/2-up-and-coming-technology-services-companies-to-invest-in-now?cid=CS-ZC-FT-stocks_in_the_news-2325972 Aug 22, 2024 - Now appears to be an ideal time to invest in these popular technology services companies after launching their IPOs in recent years.
Home sales rose in July for the first time in five months https://www.cnbc.com/2024/08/22/july-home-sales-break-4-month-losing-streak-as-supply-rises-nearly-20percent.html Aug 22, 2024 - At the end of the month there were 1.33 million homes on the market, an increase of 0.8% from June and 19.8% higher than July 2023.
After backlash, Xcel retreats from Minnesota plan for higher peak rates, lower overnight costs https://www.startribune.com/after-backlash-xcel-retreats-from-minnesota-plan-for-higher-peak-rates-lower-overnight-costs/601127975 Aug 22, 2024 - The Minneapolis-based company is now pitching a voluntary “time of use” program that allows residential customers to opt in to dynamic rates with lower peak prices, rather than automatically enrolling everyone.

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