Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

Fed Governors Bowman and Waller Dissent, Warn Delaying Rate Cuts Risks Economic Harm Washington, D.C. – August 1, 2025 In a rare break from consensus, Federal Reserve Governors Christopher Waller and Michelle Bowman dissented against the Federal Open Market Committee’s (FOMC) decision to maintain the federal funds rate at 4.25%-4.50% during its July 30-31 meeting, … Read more

The Untold History of the American Dream: Is It Still Alive Today?

The Untold History of the American Dream: Is It Still Alive Today?

The American Dream—a shimmering promise of opportunity, prosperity, and upward mobility—has long been a cornerstone of the nation’s identity. Rooted in the belief that hard work and determination can lead to a better life, it has inspired generations, from immigrants arriving at Ellis Island to modern entrepreneurs chasing innovation. But beneath its glossy allure lies … Read more

Top 7 Side Hustles That Are Helping Americans Beat Inflation in 2025

Top 7 Side Hustles That Are Helping Americans Beat Inflation in 2025

Inflation continues to challenge household budgets, with rising costs for essentials like housing, groceries, and transportation squeezing American wallets. In 2025, side hustles have become a vital tool for many to stay ahead of financial pressures. The gig economy offers flexible, accessible opportunities to generate extra income, blending financial empowerment with trending work-from-anywhere roles. Below … Read more

JPMorgan marks 1,000th branch opening since 2018 expansion plans

JPMorgan marks 1,000th branch opening since 2018 expansion plans

On July 31, 2025, JPMorgan Chase celebrated the opening of its 1,000th new branch since launching its expansion strategy in 2018. The milestone was marked with a ribbon-cutting ceremony in Charlotte, North Carolina, attended by Chairman and CEO Jamie Dimon. With approximately 5,000 branches, JPMorgan Chase operates the largest branch network of any U.S. bank, … Read more

Starbucks is juggling lots of new ideas to turn itself around. Here’s when you might see the newest menu offerings.

Starbucks is juggling lots of new ideas to turn itself around. Here’s when you might see the newest menu offerings.

Starbucks Unveils New Menu Offerings for 2025 Amid Turnaround Efforts By Staff ReporterJuly 30, 2025 Starbucks is rolling out a series of innovative menu items in 2025 as part of its strategic efforts to revitalize the brand and enhance the customer experience. Under the leadership of CEO Brian Niccol, the coffee giant is focusing on … Read more

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%–4.50% during its July 30, 2025, meeting, with no rate cut anticipated, according to multiple sources. Despite pressure from President Donald Trump for lower borrowing costs, economists and market indicators, such as the CME FedWatch tool, suggest only a 4%–5% chance of … Read more

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit

U.S. Economy Grows at 3% in Q2 2025 Despite Tariff Headwinds Washington, July 30, 2025 – The U.S. economy expanded at a robust 3% annualized rate in the second quarter of 2025, surpassing economists’ expectations of 2.6%, according to the Commerce Department’s initial GDP estimate. This growth marks a significant rebound from the first quarter’s … Read more

GDP shows plump 3% growth rate in second quarter — but it’s not as healthy as it looks

GDP shows plump 3% growth rate in second quarter — but it’s not as healthy as it looks

European GDP Shows Plump 3% Growth Rate in Q2 2025, but Underlying Weaknesses Persist Brussels, July 30, 2025 – The European economy posted a robust 3% annualized GDP growth rate in the second quarter of 2025, surpassing expectations of around 2.5%, according to preliminary estimates from Eurostat. While the headline figure signals a strong rebound … Read more

The stock market is turning into a casino — raise cash, and also buy this AI company, says strategist

The stock market is turning into a casino — raise cash, and also buy this AI company, says strategist

Stock Market Turning Into a Casino: Strategist Urges Cash Hoarding and Investment in CoreWeave New York, NY – July 30, 2025 — As the stock market increasingly resembles a speculative gambling arena, veteran strategist Peter Oppenheimer of Goldman Sachs advises investors to raise cash reserves while selectively betting on high-potential AI companies, singling out CoreWeave … Read more