Mercedesbenz Lowers Fullyear Outlook on Chinas Economic Deterioration
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The Guardian - World
Kamala Harris holds star-studded event with Oprah in battleground state of Michigan – live
Jennifer Lopez, Julia Roberts, Meryl Streep and others remotely at Oprah-Harris event. See all our coverage of the 2024 US elections Joe Biden will address the Economic Club of Washington DC ...21 minutes ago - Kamala Harris -
Financial Times - Business
UK consumer confidence tumbles in anticipation of ‘painful’ Budget
Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale1 hour ago - United Kingdom -
MarketWatch - Business
Treasury yields end at highest levels in up to 2 weeks after jobless claims, Philadelphia Fed’s factory gauge
Two-, 10- and 30-year Treasury yields finished higher for a third straight session on Thursday after fresh U.S. economic data indicated that the labor market and factory sector were continuing to ...4 hours ago -
The New York Times - Top stories
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
The cut was “jumbo.” The implications are bigger.5 hours ago -
The Hill - Politics
Biden pitches ‘better choice’ in economic speech, seeking contrast with Trump
President Biden on Thursday touted what he called a “declaration of progress” after the Federal Reserve cut interest rates, arguing his economic agenda had put the country on strong footing and ...6 hours ago - Joe Biden -
CNBC - Business
Watch: Biden delivers remarks at the Economic Club of Washington, D.C.
President Joe Biden's remarks on the economy come one day after the Federal Reserve cut interest rates by 50 basis points.7 hours ago - Joe Biden -
MarketWatch - Business
Leading index for U.S. economy falls for sixth straight month, signaling slower growth ahead
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.7 hours ago -
The Hill - Politics
Watch live: Biden gives remarks at Economic Club
President Biden is slated to deliver remarks Thursday afternoon at the Economic Club of Washington, D.C., one day after the administration announced it was slashing interest rates. White House ...8 hours ago - Joe Biden -
NBC News - Top stories
Biden speaks at the Economic Club of Washington, D.C.
Watch live coverage as President Biden delivers remarks at the Economic Club of Washington, D.C. The remarks come one day after the Federal Reserve lowered interest rates by 0.5%, the first cut ...11 hours ago - Joe Biden -
The Hill - Politics
Biden to give 'declaration of progress' to economic club after Fed cuts
President Biden is set to give remarks at the Economic Club of Washington, D.C., on Thursday, during which he will give a “declaration of progress” a day after the Federal Reserve slashed interest ...15 hours ago - Joe Biden -
Financial Times - World
Australia’s exemplar for the world on building economic security
Despite interventionist industrial policy rhetoric, Canberra has maintained open trade and a market economy20 hours ago -
CBS News - Top stories
Biden economic adviser unpacks Fed interest rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared ...Yesterday - Joe Biden -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.Yesterday -
MarketWatch - Business
Moody’s lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody’s on healthier ...Yesterday -
CNBC - Business
The Fed forecasts lowering rates by another half point before the year is out
The so-called dot plot indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.Yesterday - Federal Reserve -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...Yesterday - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.Yesterday - Federal Reserve -
The Guardian - World
The Guardian view on China’s ageing population: an economic and social conundrum | Editorial
Raising the retirement age is never popular, particularly for a country that is getting old before it gets rich . No one should be surprised that China is raising its retirement ages . They are ...Yesterday -
CNBC - Business
Here's what Morgan Stanley, Wells Fargo stand to gain from lower interest rates
Banks are hoping for a more normalized bond market yield curve, with a wider spread between the short end and the long end.Yesterday -
The Hill - Politics
12:30 Report — Who will lowering interest rates help?
Presented by Novo Nordisk — 🎤 Trump's back on the campaign trail {beacon} 12:30 REPORT It’s Wednesday. Writer Abby Olcese posted that she sat next to an Abraham Lincoln impersonator at an airport ...Yesterday -
CNBC - Business
Jim Cramer says Salesforce's collaboration with Nvidia should not be overlooked
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Yesterday -
Inc. - Business
Retail Spending Rise Bolsters Year-End Outlook
Census Department data for August shows consumers defied economists' predictions of shrinking retail spending, setting the stage for a potentially robust holiday shopping season.Yesterday -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.Yesterday -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...Yesterday - United Kingdom -
Financial Times - Business
US dollar trades in the doldrums as rates and data weigh on outlook
Appreciation of other major currencies such as yen and pound has put downward pressure on the greenback2 days ago -
The Hill - Politics
Johnson outlines economic plan under Trump if GOP controls government in 2025
Speaker Mike Johnson (R-La.) on Tuesday outlined his economic agenda for the first 100 days under a second Trump administration — a plan that assumes Republicans will win unified control of ...2 days ago - Donald Trump -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...2 days ago -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge division2 days ago -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.2 days ago -
ABC News - Sports
Boston Marathon lowers qualifying times for most prospective runners for 2026 race
Runners hoping to qualify for the 2026 Boston Marathon are going to have to pick up the pace2 days ago -
MarketWatch - Business
Investors should brace for lower stock-market returns over the next decade, JPMorgan warns
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts ...2 days ago -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.2 days ago -
NBC News - Top stories
Drinking this much coffee a day is linked to a lower risk of several diseases
A new study found that drinking about three cups of coffee per day was associated with the lowest risk of stroke, coronary heart disease and type 2 diabetes.2 days ago -
Financial Times - Business
Von der Leyen gives top economic jobs to interventionist EU countries
France, Italy and Spain to share influential portfolios in next European Commission2 days ago - European Union -
MarketWatch - Business
Actress Sarah Paulson lowers the price of her $1.8 million mobile home in ‘America’s priciest trailer park’
This is not your average trailer park. Located on a Malibu beach, it’s attracted a number of celebrities over the years.2 days ago -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.2 days ago