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Wall Street Futures Surge as Fed Hints at More Cuts, Nvidia’s $5B Intel Bet Lifts Tech

  U.S. stock futures climbed on Thursday, with the Nasdaq leading gains, after the Federal Reserve cut interest rates by 0.25 percentage points and signaled two more reductions could follow in 2025. Dow Jones Industrial Average futures rose 0.7%, S&P 500 futures gained 0.8%, and Nasdaq 100 futures jumped 1.2%, buoyed by a sharp rally in tech stocks. Intel shares surged nearly 30% in premarket trading after Nvidia announced a $5 billion investment in the struggling chipmaker, though the deal stops short of a manufacturing partnership. The Fed’s move, aimed at supporting a slowing economy amid high inflation and a weakening labor market, initially sparked caution, but optimism returned as investors bet on a more accommodative policy path. If gains hold, the S&P 500 is set to open above 6,700 for the first time, extending September’s unexpected rally. Traders are now watching weekly jobless claims for further clues on the labor market, while corporate earnings — including ...
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Project 2025: Shaping America’s Future

 

As the 2024 U.S. presidential election looms, a lesser-known initiative called Project 2025 has emerged on the political landscape. Let’s delve into what it is and why it matters.

  1. What Is Project 2025?

    • Project 2025, also known as the Presidential Transition Project, is a strategic effort led by the conservative think tank The Heritage Foundation. Its mission? To prepare for a potential Republican victory in the 2024 election.
    • Essentially, Project 2025 serves as a government-in-waiting, ready to step into action if a conservative candidate—such as former President Donald Trump—takes office on January 20, 2025.

  2. Four Pillars of Project 2025:

    • Policy Agenda: Drawing from the expertise of the entire conservative movement, Project 2025 aims to create a comprehensive policy guide for the incoming administration. Specific proposals will address major issues facing the country.
    • Personnel Database: Having the right people in place is crucial. The project casts a wide net to identify conservatives from various backgrounds who can serve in key roles within the next conservative administration.
    • Training: To transform this talent pool into effective administrators, Project 2025 provides workshops, seminars, online videos, and mentorship. Experienced experts share their knowledge to prepare future leaders.
    • 180-Day Playbook: With a sense of urgency, the project develops a playbook for the first 180 days of the new administration. Its goal? To swiftly address the impact of left-leaning policies on Americans.

  3. Why It Matters:

    • Project 2025 isn’t just theoretical; it’s a practical effort to reshape the federal government. Whether or not it becomes reality depends on the election outcome, but its influence could be significant.
    • As voters tune in to the presidential debate, they should keep an eye on how candidates align with or diverge from the principles outlined by Project 2025. It’s a glimpse into the potential future of governance in America.


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