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Wall Street Pauses as Fed Rate Decision Looms

U.S. stock futures edged lower on Wednesday morning as investors braced for the Federal Reserve’s final policy decision of 2025. Dow Jones Industrial Average futures slipped about 0.1%, S&P 500 futures fell 0.1%, and Nasdaq 100 futures dropped 0.2% . The cautious trading reflects Wall Street’s reluctance to make bold moves ahead of the Fed’s announcement later in the day. Markets are currently pricing in a nearly 90% chance of a third consecutive quarter-point rate cut , according to the CME FedWatch tool. However, the decision is not without debate. Some Fed officials argue that easing policy is necessary to support a cooling labor market, while others warn that further cuts could reignite inflationary pressures. The muted action follows several sessions of sideways trading, with investors waiting for clarity on the Fed’s long-term stance. Traders will closely analyze the post-meeting statement at 2 p.m. ET and Chair Jerome Powell’s press conference for signals about the centr...

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Beef Tenderloin with Red Wine Sauce

 


A classic and elegant dish, Beef Tenderloin with Red Wine Sauce is perfect for special occasions or holiday gatherings. 

Ingredients

For the Beef:

  • 2 lbs beef tenderloin, trimmed and tied
  • 2 tbsp olive oil
  • 2 tsp kosher salt
  • 1 tsp freshly ground black pepper

For the Red Wine Sauce:

  • 2 cups dry red wine
  • 2 cups beef stock
  • 2 shallots, finely chopped
  • 2 garlic cloves, minced
  • 2 sprigs fresh thyme
  • 1 tbsp butter
  • 1 tbsp flour

Instructions

  1. Prepare the Beef:

    • Preheat the oven to 400°F (200°C).
    • Rub the beef tenderloin with olive oil, salt, and pepper.
    • Heat a skillet over medium-high heat and sear the tenderloin on all sides until browned. Transfer to a baking dish.
  2. Roast the Beef:

    • Roast in the oven until the internal temperature reaches 125°F (52°C) for medium-rare, about 25-30 minutes. Let it rest for 10 minutes before slicing.
  3. Make the Sauce:

    • In the same skillet, sautĂ© shallots and garlic in a bit of oil until softened. Add red wine, scraping up browned bits from the pan.
    • Stir in beef stock and thyme. Simmer until reduced by half.
    • Mix butter and flour to form a paste, then whisk into the sauce. Simmer until thickened.
  4. Serve:

    • Slice the beef tenderloin and serve with red wine sauce drizzled on top.

This dish pairs beautifully with mashed potatoes or roasted vegetables.


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