The S&P 500 was on track for a record high, a day after the Federal Reserve cut interest rates by half a percentage point. Related Posts Hollywood heir Sam Haskell’s TikTok rants emerge as suspect in headless torso case heads to court Sam Haskell IV, the 35-year-old Hollywood “#richkid” whose wife and in-laws are missing,…
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News The Fed Rate Cut Was a Tough Call That’s Good For Our Economy
The agency’s bold decision to cut its policy interest rate significantly affirms its commitment to keep the labor market strong. Related Posts State Dept. Workers Sign Memos Urging Biden to Call for Gaza Cease-Fire The messages urge the Biden administration to press Israel for a cease-fire, according to U.S. officials. Two were said to Read…
0 1 0September 19, 2024 -
News The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
The cut was “jumbo.” The implications are bigger. Related Posts Republicans warn Biden admin’s foreign farm worker rule is ‘giveaway to Big Labor’ FIRST ON FOX: Republicans are calling on the Biden administration to withdraw a rule reforming the H-2A agricultural worker visa Read more Big Explosions and Major Progress in SpaceX’s 2nd Starship Launch…
0 1 0September 19, 2024 -
News There Was Nothing Political About the Fed’s Big Interest Rate Cut
If anything, the cutting should have begun earlier. Related Posts Republicans warn Biden admin’s foreign farm worker rule is ‘giveaway to Big Labor’ FIRST ON FOX: Republicans are calling on the Biden administration to withdraw a rule reforming the H-2A agricultural worker visa Read more Big Explosions and Major Progress in SpaceX’s 2nd Starship Launch…
0 2 0September 18, 2024 -
News There Was Nothing Political About the Fed’s Big Interest Rate Cut
If anything, the cutting should have begun earlier. Related Posts Republicans warn Biden admin’s foreign farm worker rule is ‘giveaway to Big Labor’ FIRST ON FOX: Republicans are calling on the Biden administration to withdraw a rule reforming the H-2A agricultural worker visa Read more Big Explosions and Major Progress in SpaceX’s 2nd Starship Launch…
0 3 0September 18, 2024 -
News How Big Will the Fed Rate Cut Be? Officials Need to Strike a Balance.
Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts. Related Posts Trump Campaign Officials Try to Play Down Contentious 2025 Plans Two top officials on former President Donald J. Trump’s 2024 campaign on Monday sought to distance his campaign team from Read more Ukraine…
0 2 0September 18, 2024 -
News An Interest Rate Cut
We explore the politics of today’s Fed announcement. Related Posts Fed Officials Hint That Rate Increases Are Over, and Investors Celebrate Federal Reserve officials appear to be dialing back the chances of future interest rate increases, after months in which they Read more Nation’s capital reaches highest murder rate in 2 decades Washington, D.C., police…
0 2 0September 18, 2024 -
News As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured. Related Posts Stock Market Rallies After CPI Inflation Report Stocks soared on Tuesday, after an inflation reading raised hopes that the Federal Reserve’s campaign to slow inflation may have…
0 5 0September 16, 2024 -
News Stock Slide as Investors Wrestle With Shifting Bets on Rate Cuts
The stock market “can’t win” at the moment, said Andrew Brenner, head of international fixed income at National Alliance Securities. “Heads I lose, tails I lose.” Related Posts New Gene Editing Treatment Cuts Dangerous Cholesterol in Small Study The handful of patients had severe heart disease that had caused chest pain and heart attacks. After…
0 9 0September 6, 2024 -
News Trump vows to cut business tax rate to 15%, create government efficiency commission led by Elon Musk
NEW YORK CITY — Former President Donald Trump delivered a major economic address in New York City on Thursday, announcing his plan to cut the corporate tax rate to 15% and create a “government efficiency commission” led by Elon Musk, while vowing to “make America richer and stronger” if elected in November. Trump made the…
0 7 0September 5, 2024