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Stocks Start Week Higher as Fed-Rate Call Nears: Markets Wrap
# Stocks Start Week Higher as Fed-Rate Call Nears: Markets Wrap Global financial markets kicked off the week on a positive note, with major equity indexes edging higher as investors braced for the Federal Reserve’s upcoming policy decision. After weeks of heightened anticipation, traders entered Monday’s session with cautious optimism, encouraged by signals of economic resilience and hopes that the central bank may soon pivot toward a more accommodative stance.
By GLOBAL NEWS4 months ago in The Swamp
The $14 Trillion US Stock Rally is Seeking a Fed Cut Playbook
One of the most striking developments in the global financial landscape this year has been the $14 trillion rally in the US stock market, driven by investor optimism that the Federal Reserve will soon begin lowering interest rates. The optimism that looser monetary conditions will prolong the economic growth cycle is reflected in this surge, which is primarily concentrated in equities but also spreads across sectors and asset classes. It also reveals the delicate balance between market realities, policy signals, and expectations. The rally began gathering momentum as inflation in the U.S. showed clearer signs of moderation compared to the peaks of recent years. For months, the Federal Reserve has maintained a cautious stance, keeping rates elevated in order to ensure that inflationary pressures do not reignite. However, investors are now increasingly convinced that a pivot toward rate cuts is inevitable. The belief is that slowing consumer prices, cooling labor market conditions, and global economic uncertainties will collectively push the Fed to loosen policy. Since the most recent low, market capitalization has increased by nearly $14 trillion as a result of strong inflows into stocks based on this assumption. Because technology stocks are particularly sensitive to expectations regarding interest rates, they have been at the forefront of this rally. With lower borrowing costs on the horizon, high-growth companies, especially in artificial intelligence, semiconductors, and cloud computing, appear more attractive to investors. Mega-cap firms have delivered impressive earnings and provided guidance that aligns with a lower-rate environment, amplifying enthusiasm for the sector. Yet, the rally has not been confined to technology alone. Cyclical sectors, industrials, financials, and consumer discretionary shares have also joined the climb, signaling a broader belief in economic resilience.
By GLOBAL NEWS4 months ago in The Swamp
UN assembly votes overwhelmingly to back two-state solution to Israel-Palestinian conflict
By overwhelmingly affirming its support for a two-state solution to the Israel-Palestinian conflict, the United Nations General Assembly has once again placed the Middle East peace issue at the center of international diplomacy. The decision came after a long day of debate that reflected both the enduring urgency of the issue and the continuing divides among member states over how to achieve lasting peace. The assembly demonstrated strong support for the concept of two states living side by side in peace and security, a vision that has remained at the center of global peace efforts for decades by approving the resolution with a large majority of nations. The resolution underscored the right of the Palestinian people to self-determination, independence, and sovereignty in a state of their own, while also affirming the right of Israel to exist within secure and internationally recognized borders. The measure emphasized the significance of international law, human rights, and the United Nations Charter, condemned acts of violence against civilians, and called for renewed efforts by all parties to resume negotiations. Diplomats stressed that without progress toward two states, the region risks further instability, cycles of conflict, and deepening humanitarian crises.
By GLOBAL NEWS4 months ago in The Swamp
Israel attacks Hamas leaders in Qatar, Trump says he's 'very unhappy' about strike
A flurry of controversy has erupted throughout the Middle East and beyond as a result of Israel's series of strikes against senior Hamas leaders who were reportedly residing in Qatar. Not only has the decision increased tensions in the region, but it has also sparked strong opposition from prominent political figures around the world. The former president of the United States, Donald Trump, was one of the most prominent responses. He said he was very unhappy about the move, which sparked new discussion about Washington's role and influence in the conflict. The strikes were described by Israeli officials as a decisive step in weakening Hamas leadership outside of Gaza, a strategy that has long been a subject of speculation but rarely executed with such boldness. According to Israeli military sources, the leaders struck were believed to have been orchestrating both funding channels and strategic planning for the group’s ongoing operations. By extending military action beyond Gaza and into a country like Qatar, Israel has crossed a threshold that analysts say could reshape diplomatic dynamics in the region.
By GLOBAL NEWS4 months ago in The Swamp
2 tickets -- sold in Missouri, Texas -- win massive $1.8B Powerball jackpot
In Missouri and Texas, two lucky Powerball players shared the second-largest prize ever given in the game's history, a massive jackpot of 1.8 billion dollars. The winning drawing took place on September 6, 2025, ending a long streak of rollovers that had captured national attention and created excitement among millions of lottery participants across the United States.
By GLOBAL NEWS4 months ago in The Swamp
Gold could hit nearly $5,000 if Trump undermines Fed, says Goldman Sachs
Goldman Sachs has made the bold prediction that if Donald Trump wins the presidential election and follows through on his stated desire to exert stronger influence over the Federal Reserve, the price of gold could soar close to $5,000 per ounce. The Wall Street bank explained in a recent note to clients that the combination of political uncertainty, potential fiscal expansion, and a weakening of the central bank’s independence could create the perfect environment for investors to rush into safe haven assets. Gold has long been viewed as a hedge against instability and inflation, and any disruption to the credibility of the United States’ monetary policy could magnify demand.
By GLOBAL NEWS5 months ago in The Swamp
Prime Minister of Yemen's Houthi-Run Government Killed in Israeli Strike
**Prime Minister of Yemen's Houthi-Run Government Killed in Israeli Strike** In a shocking turn of events, the Prime Minister of Yemen’s Houthi-run government was killed in an Israeli airstrike, marking a significant escalation in the already volatile political and military landscape of the Middle East. The death of Abdul-Aziz bin Habtour, a high-ranking official in the Houthi-led administration, has shook Yemen, the region, and the international community. The strike, which occurred near the capital city of Sana’a, was reportedly a precision missile attack carried out by Israeli forces. While Israel has neither confirmed nor denied its involvement directly, sources close to the situation suggest that it was part of a broader strategy to target individuals linked to Iran and its allies in Yemen, as Israel has been vocal in its opposition to Iranian influence in the region. The Israeli government has, in recent years, increased its focus on containing Iran's influence, particularly within the Houthi movement, which has long been supported by Tehran.
By GLOBAL NEWS5 months ago in The Swamp
States Where You Can Still Get a COVID-19 Vaccine at CVS After RFK Jr. Policy Changes
**States where CVS still sells the COVID-19 vaccine after JFK Policy Changes** As of late August 2025, changes in U.S. federal vaccine policy have significantly impacted the way COVID-19 vaccines are distributed, particularly at retail locations like CVS. Under Health Secretary Robert F. Kennedy Jr., the U.S. The Food and Drug Administration (FDA) issued stricter guidelines regarding eligibility for the COVID-19 vaccine, restricting access to individuals over the age of 75 or those with specific high-risk medical conditions. Consequently, CVS has modified its vaccine availability policies to provide varying levels of access based on state regulations. ### Overview of the Policy Changes
By GLOBAL NEWS5 months ago in The Swamp
Amazon now sells used Hertz rental cars
Amazon has once again expanded its vast marketplace in a way that surprises industry analysts and excites consumers. The company that began as an online bookseller and grew into a retail and logistics empire is now selling used Hertz rental cars directly on its platform. This move demonstrates how Amazon continues to blur the lines between traditional commerce and digital convenience while further cementing its influence across multiple industries.
By GLOBAL NEWS5 months ago in The Swamp
Rates of West Nile Virus Increasing Throughout Philadelphia Region
West Nile Virus cases are rising throughout the Philadelphia region. As the number of cases of West Nile Virus (WNV) continues to rise throughout the summer, health officials in the Philadelphia area are raising the alarm. The mosquito-borne illness, which has been present in Pennsylvania since the beginning of the 2000s, is experiencing a significant resurgence, with an increase in the number of human cases and positive mosquito pools. In Philadelphia, Montgomery, Delaware, Bucks, and Chester Counties, the presence of the virus-carrying mosquitoes has been confirmed to be higher than usual. According to data from environmental surveillance, the primary disease-carrying Culex species of mosquito have found ideal breeding conditions thanks to warmer temperatures, recent heavy rainfall, and persistent humidity. Officials say that although the rise isn't yet considered an outbreak, the pattern is troubling enough to warrant increased mosquito control efforts. In particular in areas where mosquito samples have tested positive, crews are spraying insecticides in targeted neighborhoods. Local governments are urging residents to take preventative measures seriously and keeping a daily eye on traps. The bite of an infected mosquito is how West Nile Virus gets into people. One in five people who contract the virus will experience fever, headaches, body aches, nausea, and fatigue. The majority of people who contract the virus will not experience any symptoms. The virus can cause neurological problems like meningitis or encephalitis in severe cases, especially in older people or those with weaker immune systems. These conditions, which can be fatal, necessitate immediate medical attention. The Philadelphia region has not seen such widespread positive mosquito pools since 2018, when dozens of human cases and several fatalities were reported across Pennsylvania. This year's increase has sparked concern because of this. Climate change may be contributing to the rise, experts warn. Mosquito populations are able to survive in greater numbers thanks to warmer winters, and wet springs and summers increase the amount of standing water in which the insects can breed. Dr. Philadelphia's Health Commissioner, Cheryl Bettigole, emphasized that vigilance is essential despite the low overall risk to any individual. Bettigole offered this explanation: "We are seeing higher mosquito activity carrying West Nile Virus than we typically expect at this point in the season." “We want residents to protect themselves by using insect repellent, wearing long sleeves and pants during peak mosquito hours, and eliminating standing water around their homes.”
By GLOBAL NEWS5 months ago in The Swamp
Powerball Jackpot Rockets Past $600 Million Ahead of Monday Night Drawing
Before the Monday night drawing, the Powerball jackpot surges past $600 million. Before Monday night's drawing, the Powerball jackpot has increased to an eye-popping $655 million, making it the largest prize of the year thus far and one of the largest in recent history. Since the last grand prize win on May 31st, when a lucky ticket holder in California won the top prize, the jackpot has grown steadily. Since then, no player has been successful in matching all six numbers, and the jackpot has rolled over thirty times in a row. This long streak without a winner has fueled anticipation and ticket sales nationwide, as millions of hopefuls line up for their shot at fortune.
By GLOBAL NEWS5 months ago in The Swamp
Pixel 9 Pro Fold Slashed by $600 Ahead of Pixel 10 Launch
Prior to the launch of the Pixel 10, the Pixel 9 Pro Fold received a price cut of around $600. The Pixel 9 Pro Fold has just received a significant price reduction of 600 dollars, amidst the growing anticipation for Google's next generation of foldable devices. The phone, which had a starting price of $1,799 for the 256 GB model, is now available at major retailers for just $1,199. This is the lowest price since the Pixel 10 was first released, and it comes just a few days before Google's upcoming event, where the Pixel 10 lineup, including the Pixel 10 Pro Fold, is expected to be unveiled. This timing is not random. This kind of price drop is a common tactic used by manufacturers to get rid of old models and make room for new ones. This presents buyers with a one-of-a-kind opportunity: a premium, cutting-edge foldable smartphone at a significantly reduced price. What distinguishes the Pixel 9 Pro Fold? Launched in August 2024, the device represented a bold evolution in Google’s foldable strategy. It improved both displays while building on the foundation laid by the first Pixel Fold. The Pixel 9 Pro Fold is one of the thinnest foldables available, measuring just 5.1 millimeters thick when opened. This makes it easier to carry and more comfortable to use. A 6.3-inch external screen and a larger 8-inch internal Super Actua Flex screen are the two high-quality displays on the phone. Both have refresh rates of 120 hertz, ensuring smooth scrolling and excellent gaming performance. The device has a high-end feel thanks to its polished and sleek design, which puts it in good company with foldables from Samsung and other brands. The phone is powered by Google's Tensor G4 processor and has 16 gigabytes of RAM. Fast multitasking, dependable performance, and strong integration with Google's AI features are all guaranteed by this. Users have access to storage capacities of 256 GB and 512 GB, providing ample space for media, apps, and productivity tools. The camera system is another highlight. It includes a 48 megapixel wide lens, a 10.5 megapixel ultrawide lens, and a 10.8 megapixel telephoto lens offering 5 times optical zoom and up to 20 times digital Super Res Zoom. While reviewers praised the setup overall, some noted that it still fell slightly short of the excellent imaging offered by the non-folding Pixel 9 Pro. In particular, low-light photography and telephoto shots left room for improvement.
By GLOBAL NEWS5 months ago in The Swamp
