Fears grow Fed is too late to cut rates as bets increase for a half-point easing at next meeting

During the pandemic, the number of Americans receiving psychotherapy increased by 30 percent through virtual sessions, but new research suggests that technology has worsened existing disparities in mental health care access. The shift to teletherapy has benefited those in higher-income brackets, cities, and with more education, while neglecting children from low-income families, Black children, and adults with serious psychological distress. Despite hopes for increased accessibility, telehealth platforms may be prioritizing patients with milder conditions and...

South Korean investigators are attempting to arrest suspended president Yoon Suk Yeol for insurrection and abuse of office charges, following a failed move to impose martial law last month. Yoon, who remains holed up in his presidential compound, is being protected by loyal security officers and supporters, leading to clashes with law enforcement. The country's constitutional court is deliberating on Yoon's impeachment, as his lawyers argue against criminal charges and warn of potential civil unrest....

Oil and gas companies in the United States are producing more fuel than ever before but employing 25 percent fewer workers than a decade ago, leading to concerns about job losses as producers tighten their belts amidst a potential oversupply. The industry's shift towards cleaner energy sources and increased productivity through technology and automation has led to job cuts and reduced wages, with many workers seeking alternative employment opportunities. Major companies like Exxon and Chevron...

Benefits of owning a Wag N' Wash franchise include multiple revenue streams from self-service bathing, grooming, and retail pet supplies, strong brand association with Pet Supplies Plus for support, and participation in a growing industry with high demand for pet-related services. With a minimum initial investment of $513,320 and veteran incentives available, franchisees can cater to the needs of beloved cats and dogs by providing them with the best treatment every day through feeding, washing,...

New York hedge fund Saba Capital is facing opposition from the investing industry for its proposed takeover of seven UK investment trusts. Saba, the largest investor in these trusts, has called for general meetings to address trading discounts compared to their NAV by replacing management with new appointees, some independent and some connected to Saba. Critics, including current managers, investment banks, and industry bodies, have called Saba's motives self-serving and misleading. In response, Saba defended...

The Biden administration announced it would block imports from over three dozen Chinese companies with alleged ties to forced labor in Xinjiang, under the Uyghur Forced Labor Prevention Act. This action, the largest batch of additions to the list of barred companies, aims to prevent products made in Xinjiang from entering the US due to human rights concerns. Entities like Zijin Mining and Huafu Fashion were among those added, expanding the list to 144 as...