Fed poised to raise rates and then hold this year
The Federal Reserve is set to lift its policy rate by a quarter point to 5.25 to 5.50 percent on Wednesday, after skipping a hike at the last meeting. Markets expect a year end pause after one more potential increase this year as inflation cools and the PCE index shows slower consumer spending growth.
MENTIONED IN THIS ARTICLE
Conference Board
Federal Reserve
Central Bank
Wall Street
Fee
Fed
P/E
AMC Entertainment
AMC
At&t Inc T
Ull Alphabet Inc C Goog
Amazon.com Inc
AMZN
Anheuser-Busch InBev Bac
Atmos Energy Ato
Boeing Co BA
Capitol Federal Cffn
Colgate-Palmolive Cmrce Bncsh
MO Cbsh
Energy Inc Evrg
Ford Motor F
Garmin Ltd Grmn
Gen Dynamics GD
General Motors Co GM
Goodyear GT
ICL
ICL Group Ltd
Kohls Corp
KSS
Kroger Co KR
Hidgs Corp
NBHC
Nvidia Corporation
MDA
Schlumberger Ltd
SLB
Seabrd
Cp Seb
SIRI
Sirius XM Hidgs Inc
Smucker
JM Sjm
Spirit Aerosystems Spr
T-Mobile US Inc
TMAS
Target Corp Tgt
Tesla Inc
TSLA
T2 Biosystems Ttoo
UMB Financial Umbf
USB
US Bancorp Verizon Comm VZ
WalMart Strs
Fashion Stocks Recap Returns to Controversial Pink
Pink dominates fashion markets with rising demand amid debate over its cultural symbolism. Retailers report stronger than expected sales across apparel and accessories, while analysts note brand campaigns boost engagement and pricing power despite mixed consumer sentiment.
Wall Street Ends Mixed as Weekly Gains Persist
Stocks closed mixed with the S&P 500 edging higher by under 0.1 percent and an eighth weekly win in ten. Scholastic rose over 11 percent after beating Q4 forecasts, Aviva moved up about 10 percent on quarterly results, Comerica slipped slightly as deposits fell, and CSX fell roughly 3.7 percent on weaker than expected Q2 revenue.
MENTIONED IN THIS ARTICLE
Wall Street
Kansas judge rules two step detentions unlawful on highways
U S District Judge Kathryn H Wratil ruled the two step practice used by Kansas Highway Patrol to detain out of state drivers without reasonable suspicion is unlawful. She noted the patrol waged a war that is easy to win and cheap but unfair for motorists. The ruling precedes an injunction, with prior rulings in 2017 and 2019 cases cited and a 40 000 award for a 2019 stop.
MENTIONED IN THIS ARTICLE
KHP
Highway Patrol
U.S
Kathryn H. Wratil
Kansas
Vratil
Joshua Bosire
Herman Jones
Highway Patrol Now
Topeka Capital Journal
Sharon Brett
ACLU
Brett
Also Mentioned on This Page
DOW
Dow Jones
Commerce Department
DOW TrAns
DOW Util
Nyse Comp
S&p
Wilshire
Russell
Valerie Steele
FIT
The
Associated Press
Scholastic Close
Publishing, Education and Media
Roper Technologies
ALV Comerica
American Express
FIS
Autoliv
CME
Ige
Interpublic Group of Cos
IPG
Empiretoday.com
Empire Today, LLC