Trump Wants Interest Rates at 1%: What It Would Mean for Americans
President Donald Trump has called for Federal Reserve policymakers to slash interest rates, once again arguing that elevated borrowing costs are holding his economy back from a boom.
On Wednesday, the 12-member Federal Open Market Committee (FOMC) unanimously voted to raise interest rates amid “elevated” inflation and uncertainty, with the central bank’s new Chair Kevin Warsh presiding over the first hike since 2023.
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Read MoreThis major Social Security news will be released once the data becomes available
One of the most important days of the year is coming for Social Security beneficiaries. On Oct. 14, 2026, retirees and others collecting Social Security will find out how much their Social Security cost-of-living adjustment (COLA) will be for 2027.Here’s why this news is coming in October, along with some details on why it is so important to seniors.
Read MoreAs concerns mount over Canadian trade war, Maine officials look to maintain neighborly ties
As Maine industries face an uncertain future amid the Trump administration’s trade war with Canada, state officials aim to coordinate with their Canadian counterparts to de-escalate the situation. Members of the Maine-Canadian Legislative Advisory Commission met Wednesday to discuss the latest developments in the trade war, and what they can do to support Maine businesses.
Read MoreThis Dividend Stock Is Beating the Market in 2026 and Yields 2.36%
Dividends stamp by Olivier Le Moal via iStock Merck (MRK) was at the center of a major cancer-treatment update in August. Specifically, the drugmaker and Moderna (MRNA) said their personalized mRNA cancer therapy, intismeran autogene, delivered positive results in a Phase 3 study involving 1,137 patients with high-risk melanoma. Used with Keytruda, the treatment reduced the risk of cancer returning or causing death and improved distant metastasis-free survival compared with Keytruda alone.
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Read MoreVirtus Zevenbergen Innovative Growth Stock Fund Q2 2026 Commentary
Virtus Investment Partners provides investment management products and services to individuals and institutions. We operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. We clearly understand the responsibility we have to our clients and we are committed to their success as investors.
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Read MoreThe Burst
1 Weird Seasonal Trend Starting Now
Some things can’t easily be explained in the stock market and seasonal trends rank right up there among the conundrums that puzzle even the smartest investors.
Take for example the case of frozen potato processor Lamb Weston that has a weird seasonal trend starting now. It’s a bit difficult to understand precisely why such a powerful force starts at this time of year for the firm,
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Read MoreThe Ivy
AI Powerhouse Sees 853% Increase From Connecticut Billionaire
Nvidia (NASDAQ: NVDA) has rapidly cemented its place as one of the most sought-after stocks after seizing the role of toll road through which all big tech must travel to enter the artificial intelligence ecosystem.
Recently, Nvidia drew interest from billionaire investor Paul Tudor Jones, who raised his position by a staggering 853% to 273,294 shares,
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Read MoreThe Spotlight
1 Underrated Tech Stock to Beat the Market
The CPaaS, or communication platform as a service, market is seeing tremendous growth. According to Juniper Research, the CPaaS industry could hit the $10 billion revenue mark globally by the end of 2022. And if businesses continue adopting APIs for business-to-customer and customer-to-business interactions, it could reach $35 billion by 2026. One underrated company serving this industry has the potential to beat the market: Twilio (NYSE:TWLO).
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