November 8, 2024
Daily Digest - 11/8
πŸ’° Federal Reserve cuts interest rates again, πŸ“ˆ US markets close at record highs...
πŸ’° Federal Reserve cuts interest rates again The Federal Reserve cut benchmark interest rates by a quarter-percentage-point to a range between 4.5% and 4.75%. πŸ“ˆ US markets close at record highs US stock markets ended mixed, with S&P 500 and Nasdaq closing at record highs post-election rally. πŸ›οΈ Control of US House remains undecided Control of the US House is still undecided with 25 races uncalled, presently favoring Republicans 211-199. πŸ”₯ 10,000 evacuated due to LA fire Over 10,000 people evacuated due to the Mountain Fire in Los Angeles, which has burned over 20,400 acres. 🧠 Schizophrenia study uncovers unique brain activity A study revealed unique brain activity in people with schizophrenia when exposed to contradictory information. 🦠 Caterpillar fungus may slow tumor growth Research shows caterpillar fungus may slow tumor development by disrupting cancer growth cell signals. πŸ“Š RFK Jr. joins Trump's transition team Former Democrat Robert F. Kennedy Jr. is advising Trump's transition team. ❌ Fed Chair Powell won't resign Fed Chair Jerome Powell stated he will not resign under Trump's presidency. πŸ“° Trump chooses Susie Wiles as chief Trump announced Susie Wiles as his next White House chief of staff. πŸ”„ Fed cuts rate amid Trump's pressure Federal Reserve cut its benchmark interest rate by a quarter point amidst pressure from Trump's team. πŸŒͺ️ Hurricane Rafael not threatening US Hurricane Rafael is swirling in the Gulf of Mexico but poses no U.S. threat. πŸ‡·πŸ‡Ί Putin ready for talks with Trump Russian President Putin signals readiness for dialogue with the Trump administration.
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