Our PureVest Weekly Roundup takes a look back at this week’s Fed meeting. Powell cut rates for the first time in 2025 with a quarter-point move on Wednesday. One cut by itself doesn’t change much—rates actually moved higher after the meeting since they had been trending down for the past few weeks. Powell also said we’ll likely see two more cuts before the end of the year.NVIDIA invested $5 billion into Intel and announced they’ll be building chips together. FedEx jumped on strong earnings and guidance, which is a good sign for the economy.  We also added a few other articles that stood out, but the Fed meeting was the big story of the week.  Enjoy the quick read and have a great weekend!

Markets & Economy: Fed meeting recap: Fed Chair Powell calls quarter-point trim a ‘risk management cut’ source:cnbc.com Nvidia Invests $5B In Intel As Two Collaborate On Chip Development source:investors.com Forget Sports Betting—Americans Found a New $300M Game: The Fed Meeting source:investopedia.com FedEx stock rises on better-than-expected earnings source:www.cnbc.com Treasury, IRS finalize rule for 401(k) catch-up contributions. What it means for higher earners source:www.cnbc.com When to Refinance Your Mortgage source:investopedia.com SEC to propose rule change on Trump’s call to end quarterly earnings reporting source:cnbc.com