Group 1 - Key U.S. government debt is experiencing fluctuations between losses and gains for the day [1] - The 10-year yield briefly traded above 4.19%, the level at which it closed yesterday, indicating that higher yields correspond to lower bond prices [1] - The perception of "one more and done" regarding the Federal Reserve's rate cuts may be influencing the rise in yields, as higher interest rates can lead to increased yields [2]

Market Trends & Economic Policy - The S&P 500 is up by 0.1%, Dow Jones up by about 0.4%, while the NASDAQ Composite Index is lower by approximately 0.2% [3][4] - The 10-year Treasury yield is at 4.16%, and the 2-year Treasury yield is at 3.58% [5] - The Federal Reserve is expected to make a decision on interest rates, with anticipation of a 25 basis points cut [2][41][46] - Discussions around affordability and inflation are ongoing in Washington, with the President addressing the issue [41][42] Company & Financial News - NVIDIA shares are trading lower, down by 1% [7] - Ryan Cohen has pleaded guilty to defrauding hedge fund investors of about $300 million [8] - Radio industry made $14 billion, while artists receive zero pennies for radio airplay [20][23][32] Regulatory & Legal Issues - Gene Simmons testified on Capitol Hill for music royalties, advocating for the American Music Fairness Act [2][12][13][39] - The American Music Fairness Act aims to ensure that artists are paid for their music played on AM and FM radio [13][17][18][33] - Concerns are raised about AI regulation, with a call for federal laws to encompass AI and address issues like IP ownership [34][35][36] Geopolitical & Business Strategy - Chinese AI startup DeepSeek is reportedly relying on NVIDIA chips, potentially smuggled into China, to develop an AI model [6] - Gene Simmons sold his publishing rights to Pop House, a Swedish company, for a sum large enough to buy Rhode Island [28][29]

🇺🇸 The Fed just flipped the switch and cut interest rates by 25bps.Lower borrowing costs typically means stronger market momentum and prime conditions for crypto to grow.Head to The New Money App to earn on your USDG or crypto deposits. https://t.co/YfSGiXIoC1 ...

Just seconds ago, the Federal Reserve decided to cut interest rates for a third straight time. The board voting for a quarter point rate cut. That is what experts were predicting and it is the final interest rate decision of 2025.Let's zoom out and look at the Fed's decision o decisions over this year. We've seen cuts since September after the interest rate did not change for most of the year. It's also worth noting the board members were flying blind a bit before casting today's vote.That's because the gov ...

The Federal Reserve reducing interest rates by an expected quarter point to a new range of 3.5% to 3.75%. There were three descents, the first time that's happened since September 2019. Two were against the cut, including Chicago Fed President Austin Goulby along with um Kansas City Fed President Jeff Smith.His second descent in a row. Also another disscent for a 50 basis point cut from new Fed governor on loan from the administration Steven Myron. To recap, the vote was nine for cutting a quarter, two agai ...

25 basis point rate cut. The Federal Reserve lowering their benchmark interest rate by a quarter percentage point to a new range of three and a half and three and three/4ers, marking the third rate cut in a row this year. Officials see just one rate cut next year.Now, this was a split decision with dissents on both sides. Austin Goulsby of the Chicago Federal Reserve and Kansas City Fed President Jeff Schmid both favored holding rates steady instead of cutting. On the flip side, Steven Myron, the Fed govern ...

Let's get to Bloomberg's Michael McKee with that Fed rate decision. The most divided Fed since before the pandemic voted to lower the benchmark rate by 25 basis points as investors expected. But there were three dissents for the first time since 2019.And on the dot plot, a total of six members of the committee suggested they were not in favor of lowering rates. There's also a hawkish line in the statement in considering the extent and timing of additional adjustments to the target range, bringing back langu ...

US central bank cuts interest rates for third time this yearFollow live https://t.co/0jfoSeNIhj ...

Breaking: The Fed cut rates but signaled reluctance to ease further. Three dissents underscored diverging views on the path forward. https://t.co/XhK0MB8xUk ...

RT unusual_whales (@unusual_whales)BREAKING: The Fed has cut by 25 BPS. ...