| Our PureVest Weekly Roundup looked at the commentary from the Federal Reserve’s most recent meeting. Several factors continue to point to a gradual decline in interest rates. This is OK! Rates should only decline rapidly when the economy is in trouble. Walmart posted solid earnings, but the stock got hit on weak guidance. Trump said he Is considering distributing as much as 20% of the savings from DOGE directly back to Americans. UNH stock got hit on Friday amid a probe from the DOJ. Apple launched a new lower-priced iPhone, and META approved bigger bonuses for their top employees. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: Fed Is In No Hurry To Cut Rates, Meeting Minutes Confirm source:investopedia.com Walmart shares drop as retailer says profit growth will slow source:www.cnbc.com Trump says he’s weighing giving 20% of DOGE savings to Americans source:www.cnbc.com This lesser-known tax strategy could help to reduce capital gains on your home sale source:www.cnbc.com DOJ probes UnitedHealth’s Medicare billing practices, WSJ reports; shares tumble source:reuters.com Apple launches new iPhone 16e: Here’s everything you need to know source:www.9-5mac.com Meta approves plan for bigger executive bonuses following 5% source:www.cnbc.com |