Katie Lee says what she describes as a “traumatic” experience giving birth in the U.S. made her question if she wanted a second child. A move abroad to Taiwan helped her reconsider.Lee, 34, moved to from Columbus, Ohio to Taipei, Taiwan in July 2024 with her husband, Jason, and 5-year-old son, Forrest. The couple saved up for a 13-month career break in time for their son’s kindergarten year so they could spend more time with his paternal grandparents overseas.Lee says preparing for their year-long sabbatical made her revisit plans for a second baby. Enough time had passed for her to…
Author: usaeverydaylife
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in July.Text removed from the July statement is in red with a horizontal line through the middle.Text appearing for the first time in the new statement is in red and underlined.Black text appears in both statements.Zoom In IconArrows pointing outwards Source link
Miami-based home builder Lennar looks to build upon its recent winning ways since bottoming in April. Shares had fallen as much as 47% from their September 2024 peak, but are starting to see their fortunes turn around. Interest rates play an integral role in their success and the anticipation of Fed rate cuts and a drop in mortgage rates has led to a nice rally. We will discover how much that rally continues after the Fed decision Wednesday afternoon and when it reports its individual results on Thursday after the bell. Shares have fallen after each of the last eight…
U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | ReutersThe Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut that will take its benchmark down to a target range of 4%-4.25%, its lowest in nearly three years. In addition, the central bank’s Federal Open Market Committee provided signals of what’s down the road.Here are five key takeaways from the meeting along with Chair Jerome…
Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world.Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable.”No matter what you bring to that table that day, you unite around that one shared experience,” Rapino said. “For those two hours, I tend to drop whatever baggage I have and have a shared moment.”According to Goldman Sachs, the live music industry is expected to grow…
DoubleLine Capital CEO Jeffrey Gundlach is getting so bullish on gold that he is saying investors could hold up to a quarter of their portfolios in the metal, far above what normal portfolio recommendations set for commodities. Gundlach, whose firm managed about $95 billion at the end of 2024, believes gold will continue to stand out amid an already stellar year on the back of inflationary pressures and a weaker dollar. “I think almost certainly gold will close above $4,000 before the end of this year,” Gundlach said on CNBC’s ” Closing Bell. ” His forecast represents a 7% upside…
Wall Street still has more to unpack from Wednesday’s Federal Reserve meeting, one that showed a deeply divided U.S. central bank that could add to market uncertainty. Stocks were mixed following Fed Chair Jerome Powell’s post-meeting presser, with the Dow Jones Industrial Average jumping 260 points, while the S & P 500 and Nasdaq Composite fell. The bond market vacillated, with the 10-year U.S. Treasury yield dipping below 4% before rising once more. The U.S. dollar dropped following the Fed decision. Those wavering signals reflect the divisions within the Fed. The central bank reduced interest rates by a quarter percentage…
In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida.Joe Raedle | Getty ImagesCracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense backlash over an attempted rebrand earlier this summer.The company reported mixed fiscal fourth-quarter earnings Wednesday afternoon, and CEO Julie Masino said the company is “optimistic” about its future as it heads into next year.The stock sank 10% in after hours trading.Here’s how the company performed compared with…
The Federal Reserve on Wednesday lowered interest rates by a quarter point, and expects two rate cuts could be made by the year’s end. Source link
Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesThe Federal Reserve is projecting only one rate cut in 2026, less than expected, according to its median projection.The central bank’s so-called dot plot, which anonymously shows 19 individual members’ expectations, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year, following two expected cuts on top of Wednesday’s reduction.A…
