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Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. Anna Moneymaker | Getty ImagesThis week’s inflation data provided more evidence that the Federal Reserve is nearing its objective, fresh on the heels of the central bank’s dramatic interest rate cut just a few weeks ago.Consumer and producer price indexes for September both came in around expectations this week, showing that inflation is drifting down to the central bank’s 2% target.In fact, economists at…

Presidents’ meeting comes before expected signing of strategic partnership agreement by the two countries.Russian President Vladimir Putin has met Iran’s new president as concerns grow over escalating attacks between Israel and Iran along with its network of aligned armed groups. Putin and Iranian President Masoud Pezeshkian discussed the situation in the Middle East on the sidelines of a regional meeting in Turkmenistan on Friday, Russian state media reported. They met before their two countries are expected to sign a strategic partnership agreement. Pezeshkian said on Friday that he hoped the agreement could be finalised at the BRICS (Brazil, Russia, India,…

Happy New Music Friday! The weekend is here, which means more streaming, new playlists and the best that music has to offer — and ET has you covered for everything in between. Earlier this week, Taylor Swift made a generous $5 million donation to Hurricanes Helene and Milton relief efforts. Feeding America thanked Taylor for standing with them in the movement to end hunger and help communities in need.Shawn Mendes announced a one-night only concert film event Shawn Mendes: For Friends and Family Only (A Live Concert Film) celebrating the debut of his new album, Shawn out Nov 15. The film…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Robert Reffkin’s op-ed on Oct. 8 left us scratching our heads. The Compass CEO has been clear he doesn’t support Clear Cooperation, which is his prerogative. However, he made several points that are disparaging and misstatements of fact about our company and our industry, along with the…

Home prices are dropping in some of America’s most popular cities.Metros in Florida, Texas, and other states are seeing prices fall by as much as 12%, per Realtor.com.Demand is easing in some cities that saw a surge in demand during the pandemic. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. Home prices are tumbling…

Courtesy of Tesla, IncTesla boss Elon Musk has unveiled the firm’s long-awaited robotaxi, the Cybercab, at the Warner Bros Studios in Burbank, California.The futuristic-looking vehicle, featuring two wing-like doors – and no pedals or steering wheel – deposited Mr Musk in front of an audience eager to hear details about a project he considers key to Tesla’s next chapter. At the event, billed “We, Robot,” the multi-billionaire reiterated his view that fully self-driving vehicles will be safer than those operated by humans and could even earn owners money by being rented out for rides.However, investors have so far not shared…

An unfortunate oversight or a slight against a fallen fan favorite? We’ll let you decide.  As we reported, Frank Fritz passed away last month due to complications from a stroke. The reality star best known for his time on the History Channel show American Pickers had been dealing with health issues since 2022, and was forced to leave the show due to his condition.  On Wednesday, October 9th, the latest season of the beloved reality show returned and fans settled in to watch how the team would honor him. Many were left incredibly disappointed.  Frank Fritz (L) and Mike Wolfe…

Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage businesses. On Friday, both banks reported an uptick in home lending during the third quarter of 2024 compared to the previous quarter.  Despite this boost, executives remain cautious. They warned analysts about uncertainties that could affect the market moving forward. These include geopolitical tensions, the macroeconomic landscape and upcoming changes in regulation — particularly the…

In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background.Omar Marques | SOPA Images | Lightrocket | Getty ImagesCoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to expand its business and data center portfolio.The cloud infrastructure company said it’s raised $12.7 billion from equity and debt investors in the past 18 months, including a $1.1 billion round in May at a $19 billion valuation.By the end of 2024, CoreWeave plans to have 28 data…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Good riddance, skinny jeans! Some trends are hard to let go of, but one we have no problem saying goodbye to is skinny jeans. Not only are skinny jeans uncomfortable, but they tend to squeeze, poke, prod and itch and can cause an unflattering muffin top to develop on many of Us. Plus, nothing about tight denim pants screams “cozy season”! Luckily, skinny jeans have an ultra-trendy replacement that’s both comfortable and versatile. If you haven’t been introduced yet, meet…