Traders get their wish as Fed has greenlight to cut twice more in 2025

Traders get their wish as Fed has greenlight to cut twice more in 2025

The delayed inflation data finally came Friday, giving Wall Street one final reason for optimism ahead of the Federal Reserve’s two-day policy meeting next week. The consumer price index increased 0.3% in September from August, bringing the 12-month inflation rate to 3%. Economists surveyed by Dow Jones had estimated gains of 0.4% and 3.1%, respectively….

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Disgraced former Rep. George Santos to begin seven-year prison sentence today

Disgraced former Rep. George Santos to begin seven-year prison sentence today

George Santos, who was expelled from the U.S. House of Representatives, arrives for the sentencing in his criminal corruption charges at Central Islip Federal Courthouse in Central Islip, New York, on April 25, 2025. Shannon Stapleton | Reuters WASHINGTON — Disgraced former Rep. George Santos is set to report to prison on Friday, beginning a more than seven-year…

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