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Fed meeting live coverage: Federal Reserve cuts interest rates by 0.25%, Powell says there's 'no risk-free path' Yahoo FinanceFed Cuts Rates Again, Is Divided Over Future Moves The New York TimesCNBC Daily Open: Investors find cheer amid Fed's hawkish cut cnbc.com‘Be careful what you wish for': Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger Fortune
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Steve Cohen's message to Mets fans after losing Pete Alonso and Edwin Diaz New York PostSources: O's, Alonso finalizing 5-year, $155M deal ESPNThere is no sugarcoating Pete Alonso's bittersweet Mets ending New York PostThe Mets' core is no more. And now their front office needs to deliver - The Athletic The New York Times
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The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
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Rising long-end Treasury yields defy easy explanation and could potentially signal trouble ahead for investors, says Apollo's Torsten Slok.
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Topic: Going GreenGovernancePoliticsBill Gates recently posted his new thinking on Climate Change declaring we've been thinking about it the wrong way. His article is sending shockwaves, some agreeing, some feeling he has betrayed the cause, and some like Trump declaring this is proof that climate change was a hoax. I definitely agree with Gates here (and not Trump, obviously) but his revelation speaks to something even bigger than climate change, and hints at what may be the greatest mistake in global political discussion about a wide range of topics, not just climate. We've been doing it wrong, and are paying a terrible price.
Gates' thesis is that the general climate community has been overstating the case for climate change. It's a major, serious problem, which he has personally done far more to address than almost anybody, but it's not the civilization-ending emergency crisis it is often painted as. This has stopped us from allocating our resources wisely to fight the true big problems like poverty and disease, which will do far more harm to people than even the worst that global warming threatens. The way to combat climate change not simply to stop emissions (which is good) but to give people the economic prosperity and tools to contend with the hardships to come, and many others.
Read Gates' own essay to get the full scop
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