Insider Sale: Jennifer Newstead Sells 901 Shares of Meta Platforms Inc (META)

Reuters
Fed slashes rates 50 bp in first easing since pandemic hit
Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range. To go down 50 when you have both PCE and CPI annualized below target, there’s a ton of room to go lower here, combined with what I would call wobbly labor data, wobbly not terrifying.
GlobeNewswire
Introducing a Revolutionary Outdoor Play Experience with The Sandbox Tent
A unique outdoor play solution for endless sand and water playKent, Ohio, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Sandbox Tent Calling all parents—get ready to transform the kids' outdoor play experience with The Sandbox Tent, a groundbreaking, patent-pending product that combines the fun of a sandbox with the protection of a pop-up tent. Traditional sandboxes often attract insects, stray cats, and dirt, leaving kids with wet, dirty sand and quickly losing interest. The Sandbox Tent addresses the
BBC
Springfield grapples with false rumours - and real problems
Locals say they are facing serious issues with housing, jobs and harassment, even though pet-eating rumours are false.
Investor's Business Daily
Fed Rate Cuts Start With A Bang: S&P 500 Rallies With Powell On Deck (Live Coverage)
The Federal Reserve announced its first rate cut since March 2020 to support the softening labor market, though the S&P 500 is near a record high.
Investor's Business Daily
Duolingo Stock Earns RS Rating Upgrade
On Wednesday, Duolingo stock hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 81, up from 77 the day before. This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score.
People
Allison Holker Smiles with All 3 of Her Kids in Sweet New Family Photos: 'Grateful for These Angels'
Holker is mom to daughters Weslie, 15, and Zaia, 3, as well as son Maddox, 7
Yahoo Sports
NASCAR: Bubba Wallace signs contract extension with 23XI Racing
Wallace has two wins over four seasons with the team and finished 10th in the standings in 2023.
Yahoo Finance
Intel finally gives Wall Street good news
Intel provided Wall Street with some good news after a slew of negative headlines in recent months.
Associated Press
So far so good for DeBoer and No. 4 Alabama, but Georgia and other big tests await
Quarterback Jalen Milroe and Alabama's offense have dished out explosive plays and big numbers. The defense has been stingy, and the Crimson Tide deftly handled their first road test. The first few games of Kalen DeBoer’s tenure have gone off well enough to appease even most fans spoiled by 17 years of domination under his predecessor, Nick Saban.
Yahoo Finance
Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis point cut
Central bank officials predict changes to come with interest rates expected to tick down to 4.4% this year.
Deadline
2024 Premiere Dates For New & Returning Series On Broadcast, Cable & Streaming
Midseason is the new fall. As Hollywood and the broader industry continue to recover from the debilitating dual actors and writers strikes, the 2024 television landscape is coming into focus. All of the broadcast networks have set return dates for most of their shows, but there’s no usual Premiere Week to speak of. But as …
Yahoo Sports
Andy Reid: Chiefs RB Isiah Pacheco needs surgery on fractured fibula, may not return until 'next season'
Who will lead Kansas City's backfield in Pacheco's absence?
Yahoo Finance Video
Saving for retirement at every stage of life: Investing 101
As part of Yahoo Finance’s Investing 101: 5 Rules to Build Wealth special, Decoding Retirement podcast host Robert Powell joins Brad Smith to discuss the third rule: building your retirement nest egg with actionable tips and how to do so through every career stage. Young professionals early in their careers should prioritize paying down their debt, "whether it's student debt or your credit card debt, especially your credit card debt," Powell says. The next thing is to “consider investing in your human capital,” a worker’s experiences and skills which “represents the largest asset that you have about 90% relative to maybe 10% of your financial capital.” Finally, Powell recommends young professionals contribute "to your 401(k) enough to get your full employer match” and think about investing aggressively as young people “have a long-term time horizon” so “you could afford to invest 90% of your assets in equities.” For those in the mid-career stage, Powell says the focus shifts to resource allocation as “you're balancing different goals” while “trying to save for retirement at the same time.” At this stage, some may be weighing saving for their children's college education against saving for retirement, but Powell underlines “you can't borrow for retirement” but “you can borrow for college.” Another factor is to maximize saving toward retirement is to “think about trying to hit the 15% mark” for savings. Powell also says mid-career professionals should create an investment policy statement to get a sense of your investment timeline and goals as well as your risk tolerance and then rebalance accordingly. Retirement is “a case of being rows and columns” where “each year you need to be looking at your expenses and adjusting them accordingly, and then making sure that you have sufficient income to match those expenses,” Powell says. If retirees find a shortfall between their income and expenses, part-time work could help close the gap. Another concern for retirees is “outliving their assets in retirement” or “the risk of longevity,” which could lead some to consider investing in an income annuity, which is something that will pay you an income for the rest of your life.” Once in retirement, you “need to think carefully about your asset allocation, just as you did when you were mid-career, but now maybe you need to be a little bit more conservative with your investments,” Powell says. Powell tells the Wealth! team that the “general rule of thumb is that you should aim to replace 70% to 80% of your income in retirement that you had prior to retirement,” though this can vary in different income quintiles. If you've got questions about money or retirement, email us at AskBob@yahoofinance.com. Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead and take action now!Find more episodes of Decoding Retirement at https://finance.yahoo.com/videos/series/decoding-retirement.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. This post was written by Naomi Buchanan.
The Independent
At least 14 dead as walkie-talkies explode in Lebanon as Israel declares ‘new phase of war’ against Hezbollah
More than 450 injured across country a day after exploding pagers killed 12 and wounded around 3,000
The Independent
Ukrainian attack on Russian weapons store triggers earthquake-sized blast
Huge explosions at military depot near Moscow detected by seismic equipment
Yahoo Finance Video
Fed slashes rates by 50 basis points, first cut in 4 years
The Federal Reserve cut the federal funds target rate by 50 basis points to a range of 4.75% to 5.00%. It's the central bank's first rate cut in four years. In its statement, the Federal Open Market Committee (FOMC) states, "The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving its employment and inflation goals are roughly in balance." The statement adds that "the economic outlook is uncertain." Based on the projections, Fed members see two more 25 basis point cuts this year, followed by four more in 2025. In the video above, Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports the breaking details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
LA Times
The Fed announces big interest rate cut, the first reduction since 2020
While lower interest rates will ultimately help with everything from credit card charges to buying a house, analysts warn that it may take months for these benefits to seep down to consumers.
Bloomberg
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
(Bloomberg) -- Gold advanced to a record high after the Federal Reserve lowered its benchmark interest rate by a half a percentage point Wednesday, in an aggressive start to a policy shift to boost the labor market and defend the economy.Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughPipe Fire Near Houston Forces Residents to EvacuateTo Build a Happier City, Design for DensityLondon Mayor Plans to Pedestrianize Busy Oxford StreetNew York City’s Transi
Bloomberg
Fed Cuts Rates by Half Point In Decisive Bid to Defend Economy
(Bloomberg) -- The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a policy shift aimed at bolstering the US labor market.Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughPipe Fire Near Houston Forces Residents to EvacuateTo Build a Happier City, Design for DensityLondon Mayor Plans to Pedestrianize Busy Oxford StreetNew York City’s Transit System Plans $65.4 Billion of Upgrades for Gra
Yahoo Finance
Stock market today: Federal Reserve cuts interest rates by half a percentage point, stocks rise
Investors digested the Fed's first interest rate cut since 2020.

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Insider Sale: Jennifer Newstead Sells 901 Shares of Meta Platforms Inc (META)

Latest stories

Fed slashes rates 50 bp in first easing since pandemic hit

Introducing a Revolutionary Outdoor Play Experience with The Sandbox Tent

Springfield grapples with false rumours - and real problems

Fed Rate Cuts Start With A Bang: S&P 500 Rallies With Powell On Deck (Live Coverage)

Duolingo Stock Earns RS Rating Upgrade

Allison Holker Smiles with All 3 of Her Kids in Sweet New Family Photos: 'Grateful for These Angels'

NASCAR: Bubba Wallace signs contract extension with 23XI Racing

Intel finally gives Wall Street good news

So far so good for DeBoer and No. 4 Alabama, but Georgia and other big tests await

Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis point cut

2024 Premiere Dates For New & Returning Series On Broadcast, Cable & Streaming

Andy Reid: Chiefs RB Isiah Pacheco needs surgery on fractured fibula, may not return until 'next season'

Saving for retirement at every stage of life: Investing 101

At least 14 dead as walkie-talkies explode in Lebanon as Israel declares ‘new phase of war’ against Hezbollah

Ukrainian attack on Russian weapons store triggers earthquake-sized blast

Fed slashes rates by 50 basis points, first cut in 4 years

The Fed announces big interest rate cut, the first reduction since 2020

Gold Rises to Record After Fed Makes First Rate Cut Since 2020

Fed Cuts Rates by Half Point In Decisive Bid to Defend Economy

Stock market today: Federal Reserve cuts interest rates by half a percentage point, stocks rise