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Marble Cake

  Moist, buttery, and swirled with vanilla and chocolate—this marble cake is a timeless treat everyone loves. INGREDIENTS For the Cake ½ cup natural cocoa powder, such as Hershey's 2½ cups sugar, divided ½ cup water 4 oz semi-sweet chocolate, best quality such as Ghirardelli, broken into 1-in pieces 1 cup buttermilk (see note) 4 large eggs 2 teaspoons vanilla extract 3 cups all-purpose flour, spooned into measuring cup and leveled-off 1 teaspoon baking powder ½ teaspoon baking soda ¾ teaspoon salt 1 cup (2 sticks) unsalted butter, softened For the Glaze 5 tablespoons unsalted butter ¾ cup sugar ¼ cup water 2 teaspoons vanilla extract INSTRUCTIONS For the Cake Preheat the oven to 325°F and set an oven rack in the middle position. Spray a 10-in (12-cup) Bundt pan generously with nonstick cooking spray with flour, such as Baker's Joy or Pam with Flour. In a small saucepan, combine the cocoa powder, ½ cup of the sugar, and the water. Bring to a simmer over high heat, whisking until...
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Stock Market Pauses Near Records Ahead of Key Inflation Data

                                       

US stocks paused near record highs on Wednesday as investors awaited a crucial inflation report. The S&P 500 futures (ES=F) and Dow Jones Industrial Average futures (YM=F) were little changed, coming off fresh all-time highs. Meanwhile, contracts on the tech-heavy Nasdaq 100 (NQ=F) fell 0.3%.

The market is on edge as the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, is set to be released. Economists expect the "core" PCE, which excludes food and energy, to have risen to 2.8% in October from 2.7% in September. A print matching those expectations could dampen hopes for a rate cut in December.

Investors are also keeping an eye on updates on third-quarter GDP, durable goods data, and initial jobless claims. The mood is somewhat muted as the market winds down for the Thanksgiving holiday, with markets set to close early on Friday.

On the corporate front, Dell (DELL) shares plunged over 10% after quarterly revenue fell short amid declining PC demand. Peer HP (HPQ) also saw its stock drop 8% post-earnings. Automakers General Motors (GM) and Ford (F) were hit hard by Trump's tariff threats, with GM losing 9% and Ford dropping 3%.

As the market awaits the inflation data, the question remains: will inflation have stalled, as some officials believe, or will it continue to rise, complicating the Fed's path forward?




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