The Daily Money: The Fed drives home its half-point
Good morning! It’s Daniel de Visé with your Daily Money.
In the end, the Fed decided to go big.
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening job market.
And more rate cuts may be coming.
The secret lives of remote workers
What do remote and hybrid workers do all day?
They often brag about how productive they are, with no gossipy colleagues to distract them or time wasted on long commutes, Jessica Guynn reports.
But a new survey is offering fresh insights into how remote workers really spend their time. Spoiler alert: It’s not all white papers and PowerPoint presentations.
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Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
In his latest match, Hulk Hogan is taking on the beer industry.
Terry Bollea, better known as professional wrestling star Hulk Hogan, has launched a new premium brand, "Real American Beer."
The Hall of Fame wrestler announced he would distribute his easy-drinking light lager across 17 states this summer with several retail partners to bring Americans together, one beer at a time.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.