Sportsbooks like DraftKings and FanDuel are taking wagers on the famous Fourth of July eating contest — and interest is especially strong after Chestnut was banned last year.
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central bankers, economists said Thursday in the wake of the June jobs report.
Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.
The S&P 500 and Nasdaq Composite tallied fresh record closing highs on Thursday, buoyed by a stronger-than-expected jobs report that helped dampen expectations for a Federal Reserve interest-rate cut in July.
Jerome Powell and the Fed have been right to hold the line on interest rates, but Trump’s rate-cut demand can’t be held off for much longer.
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