By Johann M Cherian and Purvi Agarwal(Reuters) -U.S. stock index futures were subdued on Monday as caution prevailed ahead of the Federal Reserve’s pivotal monetary policy decision later in the week, with investors pricing in a steep reduction in borrowing costs.Ever since Fed Chair Jerome Powell hinted at an upcoming rate cut late last year, markets have witnessed a bull run, with the S&P 500 and the Dow now near record highs.However, following a mixed batch of economic data and comments from a former policymaker in the last few weeks, traders swayed in their bets on what decision the central…
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The Women’s Business Development Council is set to officially unveil its fifth women’s business center on Monday, Sept.16.The 2,500-square-foot women’s center is the first in Hartford and is located at 190 Trumbull St., Suite 201, and U.S. Senator Richard Blumenthal, Gov. Ned Lamont, Hartford Mayor Arunan Arulampalam and Department of Economic and Community Development Deputy Commissioner Paul O. Robertson are expected attendees for the unveiling, according to the council.The new location, which is in the The Brownstone Building, was funded in part by a $150,000 grant from the U.S. Small Business Administration, according to the council. The Brownstone Building was…
In This StoryTrump Media & Technology Group stock jumped after former President Donald Trump was the target of another apparent assassination attempt.Trump Media stock is on a losing streakShares of Trump Media, the company behind Trump’s right-wing social media platform Truth Social, climbed more than 2% in pre-market trading Monday, with shares set to open at more than $18 apiece.Authorities said the former president seemed to have been targeted in an assassination attempt while golfing at his club in West Palm Beach, Florida on Sunday. Trump was not injured, and the F.B.I is investigating the incident. A suspect was reportedly…
The NewsHouse Democrats haven’t exactly had President Joe Biden on speed dial. They might have an easier time reaching Kamala Harris if she succeeds him.That’s because the vice president has a closer working relationship with them and their leader, Hakeem Jeffries, than many on Capitol Hill realize. The Harris-Jeffries bond may become the most important one in Washington, if the election goes Democrats’ way — particularly since the GOP has a strong chance of taking back the Senate majority this fall.The two barrier-breaking Black leaders, less than six years apart in age, forged their ties through the Congressional Black Caucus…
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On Monday, Barclays (LON:) maintained its overweight rating on AutoZone (NYSE:) stock with a price target of $3,024.00. The firm anticipates a modest uptick in the company’s fiscal fourth-quarter comparable sales, citing slow industry demand, varying channel trends, changes in the do-it-for-me (DIFM) market, and foreign exchange considerations. The analyst from Barclays expressed limited concern regarding AutoZone’s fourth-quarter earnings per share, suggesting that the company has other mechanisms at its disposal to manage earnings outcomes. However, the analyst noted that a significant improvement in comparable sales might be necessary for AutoZone to meet the consensus expectations for fiscal year 2025.…
Ashton Thomas Private Wealth LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,418 shares of the company’s stock, valued at approximately $98,000. Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 227.6% in the first quarter.…
Ares Management Corp. has held a final closing of Ares U.S. Real Estate Opportunity Fund IV (AREOF IV). Ares raised more than $3.3 billion to invest in opportunistic real estate in the U.S. through equity commitments to the fund and related transaction vehicles. This marks the largest Ares Real Estate closed-end fundraise to date and is a significant increase from the $2.2 billion of commitments raised for the predecessor fund and related transaction vehicles. The fund, in combination with capital raised for the most recent vintage of Ares’ European opportunistic real estate strategy, positions Ares with $5.5 billion of aggregate…
This article is the first in series about a pivotal moment in St. Louis’s sustainable transportation evolution, and how it mirrors similar moments in other U.S. cities. Click here for the entire series. A couple of weeks ago, I went on a three-hour bike ride with the mayor of St. Louis.To say that it’s unusual for the leader of a major U.S. city to spend that much time sweating in the saddle would be an understatement. But like many U.S. communities awash in American Rescue Plan Act funds and finally waking up to the ravages of traffic violence, this isn’t…
The Kansas City Chiefs called on Harrison Butker to hit a 51-yard field goal to defeat the Cincinnati Bengals on Sunday night – and he delivered.Butker’s kick gave the Chiefs the 26-25 victory and moved Kansas City to 2-0 to start the season.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Kansas City Chiefs kicker Harrison Butker (7) kicks a 51-yard field goal during the second half of an NFL football game against the Cincinnati Bengals to give the Chiefs a 26-25 victory on Sunday, Sept. 15, 2024, in Kansas City, Mo. (AP Photo/Charlie Riedel)The Chiefs got a little help on…