Thanks to everyone who came yesterday for a great evening of camaraderie, conversation and fun!
Thanks to @ThalexGlobal and all our customers. Looking forward to the next one!
#Token2049 🇸🇬
This month’s issue covers the reasons it’s so hard to go back to the moon, the science of empathy and new advances in treating sickle cell disease https://t.co/AFES25luJW
José Andrés, the renowned chef and founder of @joseandresgroup and @WCKitchen, finished today's Main Stage at #FCFestival.
@chefjoseandres’ #FCIF10 conversation was about improving food access, the traits of good leaders and how to inspire global change.
WARREN PUSHES FOR 0.75% RATE CUT, BUT HERE’S WHY IT’S A RISKY MOVE
- Senators Elizabeth Warren, John Hickenlooper, and Sheldon Whitehouse urged the Federal Reserve to slash interest rates by 0.75%, claiming high rates threaten the economy and labor market.
- FedWatch data shows that investors see almost no chance of a 0.75% cut, with most predicting a more modest 0.25% or 0.5% reduction in the upcoming FOMC meeting on September 18.
- Experts warn that a drastic rate cut could send the wrong message, signaling that policymakers believe the economy is in a more dangerous position than it actually is.
- A sudden large cut may cause investors to panic, reinforcing fears of a recession, as such moves are typically reserved for emergency situations.
- Lower interest rates benefit riskier investments like Bitcoin, as they reduce borrowing costs and push investors toward stocks and other high-risk assets.
[image generated by Grok]
The National Cancer Center Japan has announced the start of a new clinical trial for an anticancer drug prescreened with tumor-bearing mice, saying it could significantly accelerate the nation’s drug development. https://t.co/iK8gOSPE1l