Eric Trump is betting big on the fourth quarter. He says if the Federal Reserve cuts rates like everyone’s expecting, crypto stocks are going to rip higher… fast. “I just think you would potentially see this thing skyrocket,” Eric told Yahoo Finance, pointing to the usual year-end momentum in crypto. He says this moment matters […]

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…

The post ‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out? appeared on BitcoinEthereumNews.com. LOVE ISLAND GAMES — Episode 201 — Pictured: Ariana Madix — (Photo by: Ben Symons/PEACOCK via Getty Images) Ben Symons/PEACOCK via Getty Images We’ve got a text! It’s time for another season of Love Island Games. With fan-favorites returning in hopes of winning the $250,000 cash prize, read on to learn more about Love Island Games Season 2, including the release schedule so you don’t miss a second of drama. Love Island Games is a spinoff in the Love Island franchise that first premiered in 2023. The show follows a similar format to the original series, but with one major twist: all contestants are returning Islanders from previous seasons of Love Island from around the world, including the USA, UK, Australia and more. Another big difference is that games take on much more importance in Love Island Games than the mothership version, with the results “determining advantages, risks, and even who stays and who goes,” according to Peacock. Vanderpump Rules star Ariana Madix is taking over hosting duties for Love Island Games Season 2, replacing Love Island UK star Maya Jama who hosted the first season. Iain Stirling returns as the show’s narrator, while UK alum Maura Higgins will continue to host the Saturday show Love Island: Aftersun. ForbesWho’s In The ‘Love Island Games’ Season 2 Cast? Meet The IslandersBy Monica Mercuri Jack Fowler and Justine Ndiba were named the first-ever winners of Love Island Games in 2023. Justine had previously won Love Island USA Season 2 with Caleb Corprew, while Jack was a contestant on Love Island UK Season 4. In March 2024, Fowler announced on his Instagram story that he and Justine decided to remain “just friends.” The Season 2 premiere revealed the first couples of the season: Andrea Carmona and Charlie Georgios, Andreina Santos-Marte and Tyrique Hyde,…