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It’s decision time for the US Federal Reserve

It’s decision time for the US Federal Reserve

Just about everyone predicted the Federal Reserve would cut interest rates on Wednesday. But the market is no longer sure. According to the CME’s FedWatch Tool, which measures what the markets are predicting the Fed will do next, the probability of a quarter percentage point rate cut is only 56%, down from 92% just over…MORE

Kroger will start selling longer-lasting avocados this week

Kroger will start selling longer-lasting avocados this week

Kroger will start selling longer-lasting avocados to reduce waste and save money. This week the company will start selling avocados treated with a plant-based solution that helps slow down decay. The fruit will be available in about 1,100 of Kroger’s nearly 2,800 stores. The grocery chain also plans to sell longer-lasting asparagus and limes in…MORE

Fed chair Powell has kept markets calm, but now he has to reassure American shoppers

Fed chair Powell has kept markets calm, but now he has to reassure American shoppers

Federal Reserve chairman Jerome Powell has spent a year messaging confidence to investors in the heavily coded language of central bankers, and last month finally gave President Donald Trump the rate cut he’d been demanding for months. Now Powell has a much tougher audience: American shoppers. The thing keeping the US economy afloat despite Trump’s…MORE

Democratic donor Ed Buck charged with a felony for running a drug den

Democratic donor Ed Buck charged with a felony for running a drug den

Democratic donor Ed Buck has been charged with operating a drug house after a 37-year-old man suffered a nonfatal overdose at his apartment last week. Two other men have died of overdoses at Buck’s house. Buck is accused of injecting the man with methamphetamine at his West Hollywood apartment on September 11, according to the…MORE

America’s CFOs brace for a recession prior to the 2020 election

America’s CFOs brace for a recession prior to the 2020 election

America’s top finance chiefs are on high alert for a recession. For the first time in several years, economic uncertainty is now their lead concern, replacing worries about the difficulty of hiring and retaining talented workers. Fifty-three percent of chief financial officers expect the United States to enter a recession prior to the 2020 presidential…MORE

Drew Brees scheduled for surgery Wednesday

NFL insider Ed Werder has the latest on The New Orleans Saints quarterback’s thumb injury. According to Werder, Drew Brees will undergo surgery Wednesday in Los Angeles. There is no timetable for Brees’ return until surgery is complete.Brees issued the following statement regarding the surgery: Brees was sidelined with an injury during the first quarter…MORE

Mosquito-borne virus victim went from healthy to brain dead in 9 days

Mosquito-borne virus victim went from healthy to brain dead in 9 days

A Michigan man went from healthy to brain dead in just nine days after contracting Eastern equine encephalitis, his brother said. Gregg McChesney, 64, was a “perfectly healthy, happy human being” less than two weeks before his August 19 death from the rare mosquito-borne virus, Mark McChesney told CNN affiliate WOOD. “…Within a matter of…MORE

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