Levi Colwill’s goal was enough to secure a win at Forest and fourth place in the standings.
The two-year Treasury yield, which more closely tracks expectations for Fed action, dropped to 3.96% from 4.05% as traders built bets that the Fed will resume cutting its main interest rate as soon as September.The Fed has been keeping its main interest rate on hold this year as it waits to see how Trump’s trade policies play out for the economy. Cutting rates would juice the economy by making it easier for U.S. households and companies to borrow and spend. But it would also push upward on inflation when worries are high that Trump’s tariffs will do the same thing.
Fed Chair Jerome Powell warned in a speech on Thursday that the world “may be entering a period of more frequent, and potentially more persistent, supply shocks” that could goose inflation higher and present a “difficult challenge for the economy and for central banks.”Trader Edward Curran works on the floor of the New York Stock Exchange, Wednesday, May 14, 2025. (AP Photo/Richard Drew)Trader Edward Curran works on the floor of the New York Stock Exchange, Wednesday, May 14, 2025. (AP Photo/Richard Drew)
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.MINNEAPOLIS (AP) — Storms with lightning and hail and at least one observed tornado were moving through the upper Midwest on Monday with
The National Weather Service said the highest risks — a 4 on a scale of 1 to 5 — were in portions of southern Minnesota, including the Minneapolis-St. Paul area, northern Iowa and western Wisconsin. Forecasters had expected two rounds of severe weather, with the possibility of
“The most dangerous period is likely during the late afternoon and evening when strong tornado potential should be maximized,” meteorologists at the Storm Prediction Center in Norman, Oklahoma, wrote.A lion sits in a cage waiting to be transported to Mazatlan, Sinaloa state, at the Ostok Sanctuary, on the outskirts of Culiacan, Sinaloa state, Mexico, Tuesday, May 20, 2025. (AP Photo/Felix Marquez)
A staff member sprays an elephant with water at the animal refuge Ostok Sanctuary, on the outskirts of Culiacan, Mexico, Monday, May 19, 2025. (AP Photo/Felix Marquez)A staff member sprays an elephant with water at the animal refuge Ostok Sanctuary, on the outskirts of Culiacan, Mexico, Monday, May 19, 2025. (AP Photo/Felix Marquez)
Emus from the Ostok Sanctuary sit in a truck while getting transported to Mazatlan, Sinaloa state, from the refuge in the outskirts of Culiacan, Sinaloa state, Mexico, Tuesday, May 20, 2025. (AP Photo/Felix Marquez)Emus from the Ostok Sanctuary sit in a truck while getting transported to Mazatlan, Sinaloa state, from the refuge in the outskirts of Culiacan, Sinaloa state, Mexico, Tuesday, May 20, 2025. (AP Photo/Felix Marquez)