The Federal Reserve is expected to lower borrowing costs again on Wednesday. Another quarter-point reduction, on the heels of September’s cut, would bring the federal funds rate to a range between 3.75%-4.00%. The federal funds rate, which is set by the Federal Open Market Committee, is the interest rate at which banks borrow and lend […]
We are all farmers hoping for the end of the U.S.-China trade war
U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send global markets higher. On Monday stateside, the S&P 500, Dow Jones […]
Tim McGraw reveals health setbacks nearly ended his career
NEWYou can now listen to Fox News articles! HIGHLAND, California – Tim McGraw opened up about nearly quitting his career after dealing with a series of health setbacks. The country star, 58, got candid about his struggles during his Saturday tour stop in Highland, California, at the Yaamava’ Theater. “I’ve had four back surgeries and […]
Elon Musk’s Grokipedia Pushes Far-Right Talking Points
On Monday, Elon Musk’s xAI startup launched Grokipedia, which the billionaire is pitching as an AI-generated alternative to the crowdsourced encyclopedia Wikipedia. Musk first announced the project in late September on his social media platform X, saying it would be “a massive improvement over Wikipedia,” and “a necessary step towards the xAI goal of understanding […]
S&P Global Hits Strategy With B- Credit Rating
S&P Global Ratings has given Michael Saylor’s Strategy a “B-” credit rating, placing it in the speculative, non-investment-grade territory — often referred to as a “junk bond” — although it said the Bitcoin treasury company’s outlook remains stable. “We view Strategy’s high bitcoin concentration, narrow business focus, weak risk-adjusted capitalization, and low US dollar liquidity […]