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FOMC should cut interest rates by 25 bps at the July meeting

Bond

[ad_1] Federal Reserve Governor Christopher Waller said late Thursday that he continues to believe that the Fed should cut its interest rate target at the July meeting, citing mounting economic risks and the strong likelihood that tariff-induced inflation will not drive a persistent rise in price pressures, per Reuters.Key quotesThe Fed should cut interest rates 25 basis points at July meeting.Rising risks to economy favour easing policy rate.If underlying inflation remains in check and growth tepid, more cuts needed.The Fed should not wait until labour market hits trouble before cutting rates.Delaying cuts runs risk of need for more aggressive action…

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New York-based Amogy Accelerates Ammonia-to-Power Solutions with $23M Funding Boost

Carbon Credits

[ad_1] New York-based clean energy startup Amogy has secured an additional $23 million in funding, bringing its total investment to $80 million. This latest round was led by the Korea Development Bank. The fresh capital will accelerate Amogy’s work on its ammonia-to-power technology, which generates clean electricity without emissions. The company aims to deploy this technology mainly for powering ships and large energy systems across Asia. Seonghoon Woo, co-founder and CEO at Amogy said, “We’ve long recognized the strong demand for ammonia-to-power technology in the shipping industry, but we also see much broader opportunities to use ammonia as a clean…

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Simmons First National (NASDAQ:SFNC) Reports Sales Below Analyst Estimates In Q2 Earnings

NASDAQ News

[ad_1] Regional banking company Simmons First National (NASDAQ:SFNC) fell short of the market’s revenue expectations in Q2 CY2025, but sales rose 8.6% year on year to $214.2 million. Its non-GAAP profit of $0.44 per share was 12.8% above analysts’ consensus estimates. Is now the time to buy Simmons First National? Find out in our full research report. Net Interest Income: $171.8 million vs analyst estimates of $170.7 million (11.6% year-on-year growth, 0.7% beat) Net Interest Margin: 3.1% vs analyst estimates of 3% (37 basis point year-on-year increase, 6.5 bps beat) Revenue: $214.2 million vs analyst estimates of $217.1 million (8.6%…

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7 strategies to build wealth no matter your income

Bond

[ad_1] Unlike getting rich quick, building real wealth is about steady, intentional moves like budgeting, saving, investing and managing debt over the course of many years. A solid financial plan can keep you focused and help you make informed decisions. Put your savings on autopilot and knock out high-interest debt first. An emergency fund and smart budgeting are non-negotiables. Invest early and diversify. Use low-cost ETFs and tax-advantaged accounts, such as a 401(k) or IRAs, to grow wealth. In a world of instant gratification, the journey to wealth stands out. It’s about consistent, deliberate choices, not jumping from one financial…

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