Markets Today
A federal control board that oversees Puerto Rico’s finances says it will step in to help speed up projects to fix the island’s crumbling power grid as widespread outages persist
Tupperware Brands has filed for Chapter 11 bankruptcy protection
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully...
Heating Oil, Brent Crude, and Gasoline are the most “Cheap and Oversold” markets amongst all commodities.
The International Brotherhood of Teamsters has declined to endorse Kamala Harris or Donald Trump for president, saying neither candidate has sufficient support from the 1.3 million-member union
The Nov WTI trading session settled at 69.88(-0.08) , had a high of 70.31, a low of 68.58. Cash price is at 71.21(+1.07), while open interest came in at 346,083. Higher on the day by -0.11% CLX traded...
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates
I find it more than interesting the Fed cut rates by a half. I say that due to my initial analysis of economic government reports not reflecting the inflation impact on most consumers.
