Biden to give 'declaration of progress' to economic club after Fed cuts
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The New York Times - Business
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic recession.2 hours ago - Joe Biden -
Financial Times - Business
S&P 500 closes at record high after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth2 hours ago - Federal Reserve -
CNBC - Business
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.3 hours ago - Crypto -
MarketWatch - Business
Oil prices rise after Fed delivers big interest-rate cut
Oil futures ended higher Thursday, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.3 hours ago - Federal Reserve -
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.4 hours ago -
CNBC - Business
U.S. crude oil rises more than 1% after Fed cuts rates, Israel-Hezbollah tensions escalate
The U.S. benchmark has recouped its losses for the year.4 hours ago - Federal Reserve -
MarketWatch - Business
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U.S. central bank’s independence while criticizing Republican ...4 hours ago - Joe Biden -
CNBC - Business
Wall Street hits records — here are the winners and the losers after the Fed rate cut
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.4 hours ago - Federal Reserve -
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 ...4 hours ago - Joe Biden -
The New York Times - Business
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and how to shop.5 hours ago -
MarketWatch - Business
After Fed rate cut, the next 6 months will be crucial for investors. Here’s why.
“There still are opportunities here,” Erik Aarts at Touchstone Investments said.5 hours ago - Federal Reserve -
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.5 hours ago - Joe Biden -
The New York Times - Business
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a ...6 hours ago -
The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.7 hours ago - Federal Reserve -
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 ...7 hours ago - Joe Biden -
MarketWatch - Business
Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk
Market giving mixed signals; new trading positions include Airbnb.9 hours ago - Federal Reserve -
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 ...9 hours ago - Joe Biden -
ABC News - Top stories
Biden to celebrate progress of American economy in Thursday remarks
In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American economy, but stop short of declaring victory.12 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 ...14 hours ago - Joe Biden -
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 -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...Yesterday - Federal Reserve -
MarketWatch - Business
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.Yesterday - Crypto -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.Yesterday - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...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 New York Times - Business
Fed’s Interest Rate Cut Would Cap a Winning Streak for Harris and Biden on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.Yesterday - Joe Biden -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.Yesterday - Federal Reserve -
CBS News - Top stories
What will happen to gold prices after the Fed cuts rates?
Here's what you can expect to happen to the price of gold after the Fed rate cut happens this week.2 days ago - Federal Reserve -
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