More from Emma Stoltzfus
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Markets convinced Fed will cut by 25bps after ‘very, very good’ jobs report
The next Federal Reserve rate decision may still be one month away, but traders are increasingly confident the Fed will cut by 25 basis points in November after seeing September’s jobs report. In new data out Friday, Oct. 4, the Bureau of Labor Statistics reported the U.S. economy added a surprise 254,000 jobs in September,… -
Eric Adams case: Phone locked, next in line for mayor donations in question
Federal investigators said they still can’t get in New York City Mayor Eric Adams’ cellphone, nearly a year after they took it. According to charging documents, Adams claimed in November 2023 that he changed his password after he found out about the corruption investigation. He said he wanted to stop his staff from deleting anything… -
Drop box controversy in Pennsylvania expands into lawsuit and court case
A controversy on who has authority over drop boxes, used for mail-in and absentee balloting, is unfolding in northeastern Pennsylvania. It pits the Luzerne County Manager Romilda Crocamo versus the county Board of Elections and Registration, as well as a group of citizens. Crocamo has announced she will prevent all four of the county’s drop… -
Spirit Halloween fires back at ‘SNL’ in cheeky way
A spooky season staple took being the subject of a “Saturday Night Live” parody commercial in stride on Monday, Sept. 30. Spirit Halloween put out its own version of a popular meme to respond to the long-running sketch comedy show’s bit. During its 50th season premiere the night of Saturday, Sept. 28, the NBC show… -
The drug that’s helping the world quit smoking, except in America
The approval of cytisine, a plant-based drug used for smoking cessation in several countries, is delayed in the U.S. due to the FDA’s request for additional safety data. Experts warn this could prevent thousands of Americans from quitting smoking. Cytisine has been available in countries like Canada and the U.K. for years and is known… -
New Mexico AG sues Snapchat, says it knew about ‘rampant’ sextortion
New Mexico Attorney General Raúl Torrez said Tuesday, Oct. 1, that internal documents from Snapchat show the company knew sextortion was rampant on the social media platform but did nothing to stop it. The documents, which are part of an ongoing lawsuit, were unredacted Tuesday. In the lawsuit, Torrez claimed Snapchat’s parent company, Snap, knew about… -
Venezuela celebrates Christmas early under Maduro’s orders amid election fight
Venezuelans woke up to find a Christmas tree standing tall in downtown Caracas on Oct. 1, marking the start of a new holiday season. This early celebration comes at the direction of President Nicolás Maduro, who is at the center of claims regarding a stolen election. The government decorated streets and buildings in the capital… -
Chinese drone show sparks global admiration, military concerns
A record-breaking drone display in Shenzhen, China, has raised both admiration around the globe, and concern from the West. The 10,000-drone spectacle took place on Sept. 26 to celebrate Chinese National Day. It has garnered widespread attention for its scale and precision, sparking conversations about China’s growing technological capabilities and the potential military implications of… -
‘Y’all Street’: Texas Stock Exchange to launch in 2025
Gov. Greg Abbott, R-Texas, is highlighting the progress of the upcoming Texas Stock Exchange. The exchange is an initiative that could bolster the state’s already robust financial landscape. “Texas has already become the home of capital in the U.S. Today, we are staking our claim as the home of capital markets with the addition of… -
X is worth 79% less than when Elon Musk bought it for $44 billion: Report
Elon Musk’s contention in 2022 that he and his fellow investors were overpaying when they bought the social media platform formerly known as Twitter seems to be spot on. Fidelity said the value of its investment in X dwindled by nearly 79%. Asset managers at Fidelity’s Blue Chip Growth Fund say the value of its… -
Boeing is bleeding cash. Will $10 billion do the trick?
Boeing is bleeding cash and looking for a way to plug the wound. Will $10 billion do the trick? According to a Bloomberg report from Tuesday, Oct. 1, the troubled company is considering raising $10 billion by selling new stock. It’s not a done deal and sources said it likely would not happen until after… -
East Palestine residents may wait years for payments due to appeal of settlement
East Palestine residents may have to wait up to two years before getting paid out by Norfolk Southern for a disastrous train derailment in 2023, according to lawyers on Monday, Sept. 30. Settlement checks were reportedly supposed to go out by the end of this year but now that appears it will not happen after… -
Powell says Federal Reserve is in no ‘hurry to cut rates quickly’
Experts say the greatest threat to the economy in the next year isn’t the upcoming election or even conflict in the Middle East or Ukraine. More professional forecasters say a monetary policy mistake by the Federal Reserve poses the greatest downside risk. This month, the Federal Reserve adjusted its policy rate for the first time…