Monthly Archives: August 2022

US stocks trade mixed after string of losses as investors assess new Fed comments and ADP report

Spencer Platt/Getty Images US stocks rose Wednesday after losing ground in the previous three sessions.  Investors on the last day of August trading assessed ADP private payroll figures.  Cleveland Fed President Loretta Mester said she sees the Fed raising rates beyond 4%.  US stocks were mixed Wednesday, struggling to break a run of losses since…

Trump walks in and out of rooms at Mar-a-Lago just to get applause because he loves the attention, says filmmaker who interviewed him there

Donald Trump and Melania Trump attend a dinner with his family at Mar-a-Lago in Palm Beach, Florida, on December 24, 2019. Nicholas Kamm/AFP via Getty Images Trump loves roaming around Mar-a-Lago to get attention, a filmmaker who interviewed him there said. Alex Holder told “The Bulwark Podcast” that Trump would dip in and out of…

The odds of the Fed cutting rates in the first half of 2023 are next to none – but there’s one ‘bright spot’ in the market that’s supporting stock prices

Fed Chairman Jerome Powell. Joshua Roberts/Reuters “The odds of Fed ‘pivot’ to lower rates in the first half of 2023 are now essentially zero,” DataTrek said in a note. But it won’t necessarily mean a headwind to stock prices, as markets are showing some more confidence in the Fed’s policy action. The 10-year Treasury yield…

FBI agents found 3 classified documents inside desks in Trump’s office at Mar-a-Lago, DOJ says in court papers

US President Donald Trump answers questions from reporters after making a video call to the troops stationed worldwide at the Mar-a-Lago estate in Palm Beach Florida, on December 24, 2019. Photo by NICHOLAS KAMM/AFP via Getty Images The FBI found three classified documents inside a desk at Trump’s Mar-a-Lago estate, the DOJ said. In a…