Stocks Settle Mixed as Fed Comments Suggest a Rate Cut Pause

Stocks Settle Mixed as Fed Comments Suggest a Rate Cut Pause

The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.65%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.06%.  December E-mini S&P futures (ESZ25) fell -0.02%, and December E-mini Nasdaq futures (NQZ25) rose up +0.10%. US stock indexes on Friday recovered from early losses and settled mixed … Read more

‘A Sharp Escalation’: Americans Starting To Revolt Against Data Centers

‘A Sharp Escalation’: Americans Starting To Revolt Against Data Centers

As the cost of electricity continues to skyrocket, Georgia voters delivered a political surprise on Election Day – elevating Democrat Peter Hubbard to the state’s Public Service Commission. Hubbard notably ran on rising utility costs and the spread of data centers, and his victory, along with another Democratic win in a separate statewide race, marks the first … Read more

Hogs Pushing Higher on Friday

Hogs Pushing Higher on Friday

Lean hog futures are trading with 22 to 50 cent gains on Friday. The national average base hog negotiated price was reported at $84.49 on Friday morning. The CME Lean Hog Index was reported at $85.05 on February 5, up 55 cents from the previous day. USDA’s FOB plant pork cutout value was $1.65 higher in the Friday AM … Read more

Dollar Gains and Gold Plunges as Fed Rate Cut Expectations Fall

Dollar Gains and Gold Plunges as Fed Rate Cut Expectations Fall

The dollar index (DXY00) rose by +0.13% on Friday as it recovered from Thursday’s 2-week low.  The dollar moved higher on Friday, following hawkish comments from Kansas City Fed President Jeff Schmid and Dallas Fed President Lorie Logan, who argued against additional Fed rate cuts.  The dollar fell back from its best level on Friday … Read more

Americans still struggling after weeks without federal food aid: "It's either food or lights"

Americans still struggling after weeks without federal food aid: "It's either food or lights"

Economic promises helped Donald Trump get re-elected. Now, he has an affordability problem, and his administration is facing backlash from consumers over the cost of living. Ali Bauman has more on efforts to bring relief. #Americans #struggling #weeks #federal #food #aid #quotIt039s #food #lightsquot

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