US stocks rally as strong retail sales raise hopes of ‘soft landing’
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ABC News - Tech
Oregon governor uses new land use law to propose rural land for semiconductor facility
Oregon Gov. Tina Kotek is using a new land use law to propose rural land for a semiconductor facility17 minutes ago -
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The Hill - Politics
Yellen on soft-landing prediction: ‘I believe that’s exactly what we’re seeing in the economy’
Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy is making the “soft landing” that she predicted two years ago, when inflation soared after the pandemic. In a live ...38 minutes ago -
Financial Times - Business
S&P 500 hits new record 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 growth1 hour ago - Federal Reserve -
The Hill - Politics
Plane door falls off after takeoff, lands in South Carolina yard
The plane — most of it, at least — returned to Myrtle Beach International Airport less than 10 minutes after takeoff.1 hour ago -
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 ...1 hour ago -
The New York Times - Business
Threats Against Haitians Land at the Doorstep of The Haitian Times
Racist emails. Swatting. Intimidated sources. The Haitian Times has been receiving some of the same threats that it has been covering in Springfield, Ohio.2 hours ago -
The New York Times - Business
Has the Federal Reserve Pulled Off a Soft Landing?
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.2 hours ago - Federal Reserve -
ABC News - Tech
The Lebanon explosions raise a question: Deep into the smartphone era, who is still using pagers?
Electronic pagers that were popular status symbols in the 1990s are used for communication precisely because they are old school2 hours ago -
MarketWatch - Business
Bank stocks join market rally. Analyst cites boost to lenders’ balance sheets.
Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the first interest-rate cut by the U.S. Federal Reserve since 2020.3 hours ago -
MarketWatch - Business
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover ...4 hours ago -
Financial Times - Business
Fed cuts rates by half a point and signals era of easing has begun
US central bank’s decision marks milestone in two-year fight against inflation13 hours ago - Federal Reserve -
Financial Times - Business
Europe’s great battery hope Northvolt fights for survival
Swedish start-up struggles to secure funds as it tries to increase production at its gigafactory14 hours ago - Europe -
Inc. - Business
Amazon Raises Hourly Wages for Fulfillment, Transport Workers
The hikes go into effect this month and may help retain workers through the holiday season.20 hours ago - Amazon -
VentureBeat - Tech
Gamebeast raises $3.7M in funding for Roblox games support
Gamebeast has raised $3.7 million in pre-seed funding to put towards its Roblox development and support tools.21 hours ago -
VentureBeat - Tech
AI startup Rep.ai raises $7.5M to launch ‘digital twin’ sales representatives
Rep.ai raises $7.5M to launch AI-powered "digital twin" sales representatives, offering 24/7 video and audio engagement for website visitors, challenging traditional chatbots and human sales ...Yesterday - Artificial Intelligence -
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 -
NBC News - Politics
At Michigan rally, Trump downplays apparent assassination attempt
Donald Trump made his first public appearance Tuesday on the campaign trail since the Secret Service stopped a man with an assault rifle at his Florida golf course. It comes as some Trump allies on ...Yesterday - Donald Trump -
The Hill - Politics
Vance slams Harris on immigration at Wisconsin rally
Republican vice presidential candidate Sen. JD Vance (R-Ohio) sharply criticized Vice President Harris over immigration and public safety in a Wisconsin rally Tuesday afternoon. Speaking to a crowd ...Yesterday -
The Guardian - World
Exploding pager attack in Lebanon is another blow for US peace hopes
Violent blow against Hezbollah leaves the militia vengeful and vulnerable – and again dashes Washington’s diplomacy. Hezbollah vows retaliation after exploding pagers kill at least 9 and hurt ...Yesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate2 days ago -
ABC News - World
Bangladesh opposition party rallies to demand a new election
Thousands of activists and opposition leaders from the Bangladesh Nationalist Party have rallied in the capital, Dhaka2 days ago -
MarketWatch - Business
REIT rally fueled by interest-rate-cut hopes may be slowed by a less-dovish Fed
With the Fed set to announce an interest-rate cut on Wednesday, KeyBanc analysts are questioning whether the REIT rally will continue through an extended cutting cycle and are predicting some ...2 days ago - Federal Reserve -
Inc. - Business
How OUI the People's Founder Keeps the Bond Strong With Her Community
Founder Karen Young views her community as intimates.2 days ago -
Financial Times - Business
BP’s US wind sale will not clear its strategic fog
UK oil major has underperformed its rivals as oil prices have started to sink2 days ago -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
CNBC - Business
Fed to cut rates by a quarter point with a soft landing expected, according to CNBC Fed Survey
The survey shows 84% of the 27 respondents, including economists, fund managers and strategists, see the Fed cutting by a quarter percentage point.2 days ago - Federal Reserve -
The Guardian - World
US military hopefuls hail ruling ending bar on HIV-positive people enlisting
Judge strikes down government restriction and orders military to allow asymptomatic HIV-positive people to join. Ever since he was a child, Isaiah Wilkins had dreamed of joining the US military and ...2 days ago -
ABC News - Tech
Elon Musk has often inflamed politically tense moments, raising worries for the US election
As Election Day draws nearer, social media posts by X owner Elon Musk are raising concerns that he will use his immense platform to question the legitimacy of the vote in the U.S. presidential ...2 days ago - Elon Musk