Americans are probably getting another interest rate cut 2 days after the election1
The election isn’t the only important US news event this week. On Thursday, the Federal Open Market Committee will announce its next decision on interest rates, and it’s likely to be another cut. CME FedWatch, which forecasts interest rate changes based on market predictions, estimated an all-but-certain 25 basis point cut as of Wednesday afternoon.…
Get ready for inflation and interest rates to rise again
President-elect Donald Trump wants to implement high tariffs on imported goods. One of the first policies President-elect Donald Trump is expected to enact after being sworn into office is imposing taxes on imported goods. Many economists say these tariffs, as well as some of his other proposals, could kick-start another bout of inflation and interest-rate…
4 major wins for YIMBYs on election night — and one loss
On Tuesday, voters in many states and cities had a chance to weigh in directly on housing proposals. They voted for a slew of measures, most of which will create additional funding for affordable housing. On the whole, the pro-housing YIMBY — “Yes in My Backyard” — movement, which advocates for more housing construction —…
Everything we know about the third ‘Fourth Wing’ book, ‘Onyx Storm’
The third book in “The Empyrean” series by Rebecca Yarros will be released in January. After over a year of waiting, it’s almost time for the release of “Onyx Storm,” the next book in Rebecca Yarros’ “The Empyrean” series. Yarros became an instant New York Times bestseller with “Fourth Wing” in April 2023, her novel…
The Calm app bought ad blocks on CNN and ABC on election night to give viewers ’30 seconds of silence’
The Calm logo. President-elect Donald Trump cruised to victory on election night, and dozens of breaking news alerts went live as swing states were called. Calm, a mental fitness company that creates meditation products on its subscription-based app, decided to buy some advertising space — and give viewers some respite from the news. The company…
2 counties voted to make childcare more affordable. Taxpayers will owe more, but it takes a cost burden off parents.
Cities and counties across the US are coming up with ways to make childcare more affordable — and many are turning to taxes. Three localities voted on November 5 to increase taxes to boost childcare funding for low-income and middle-class families. Voters in Sonoma County, California, imposed a quarter-cent sales tax to pay for childcare…
The Chinese market is pinning its hopes on a massive stimulus announcement
Trump has floated tariffs of more than 60% on Chinese goods. China’s stock markets climbed higher on Thursday following Donald Trump’s victory in the US presidential election. The rise comes despite campaign pledges from Trump, a China hawk, to slap a 10% blanket tariff on all imported goods. He has threatened tariffs of more than…
Ariana Grande says she’s planning a career shift
Grande stars as Glinda in the film adaptation of “Wicked.” Ariana Grande returned to her acting roots as Glinda in “Wicked” —and plans to continue on that path. “I’m going to say something so scary, it’s going to scare the absolute shit out of my fans and everyone,” she said on Wednesday’s episode of Bowen…
An interior designer shares 10 things she would never have in her own living room
Some design choices can bring down the look of your living room. There is an array of home-decor items you can choose from to spruce up your living room, so it’s important to know which styles to avoid. B-17 asked interior designer and owner of Design Solutions Luciana Fragali about the things she’d never have…
