Economy Unexpectedly Contracts
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CNBC - Business
Ray Dalio says the Fed faces a tough balancing act as the economy faces 'enormous amount of debt'
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.59 minutes ago -
Financial Times - World
Trump says half-point rate cut shows US economy is ‘very bad’
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election4 hours ago - Donald Trump -
MarketWatch - Business
Small-cap stocks’ bullish ‘Fed day’ performance reflects investors’ confidence in the economy
Stocks reacted erratically to the Federal Reserve’s bulky 50-basis-point interest-rate cut on Wednesday. But by the time the dust had settled, two clear winners had emerged.4 hours ago -
CNBC - Business
Lunar company Intuitive Machines' stock jumps more than 40% after NASA moon satellite contract
NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value of $4.82 billion over five years.5 hours ago -
ESPN - Sports
'Dana White's Contender Series' Season 8 results: UFC offers contracts to four winners in Week 6
How do you follow in the pathway of Sean O'Malley, Jamahal Hill or Bo Nickal? A victory on "Dana White's Contender Series" is just the start.6 hours ago - UFC -
NBC News - Politics
Chuck Todd: ‘Being separated from Joe Biden’ has helped Harris’ standing on the economy
NBC News Chief Political Analyst Chuck Todd, NBC News Business Correspondent Brian Cheung and Jason Furman, the former chair of the Council of Economic Advisers, join Meet the Press NOW as the ...6 hours ago - Joe Biden -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.7 hours ago - Federal Reserve -
Yahoo Sports - Sports
Bruins GM ‘disappointed' as Swayman contract talks continue into camp
GM Don Sweeney shared the latest on Jeremy Swayman's contract situation as the Bruins begin training camp without their star goaltender.8 hours ago -
Yahoo Sports - Sports
NASCAR: Bubba Wallace signs contract extension with 23XI Racing
Wallace has two wins over four seasons with the team and finished 10th in the standings in 2023.8 hours ago - NASCAR -
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.8 hours ago - Federal Reserve -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...9 hours ago - Federal Reserve -
Inc. - Business
Startup Intuitive Machines Wins $4.8 Billion NASA Contract
To establish a permanent base on the Moon and explore its surface, NASA needs a 21st century communications infrastructure. It chose a small Houston, Texas-based commercial space company to do the ...10 hours ago - NASA -
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.14 hours ago -
MarketWatch - Business
Intuitive Machines’ stock soars, boosted by NASA contract worth up to $4.82 billion
Shares of Intuitive Machines Inc. were set to skyrocket Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion.15 hours ago -
CNBC - Business
Ray Dalio names the top five forces shaping the global economy
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.21 hours ago -
CNBC - Business
Oil stares at a bleak future as China's economy sputters. The good news: A market 'bust' is unlikely
Lower oil prices were the dominant theme in Asia's largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.23 hours ago - China -
Yahoo Sports - Sports
Aiyuk details reasons he decided to sign 49ers contract extension
On the debut episode of Deebo Samuel's new podcast "Cleats and Convos," 49ers wide receiver Brandon Aiyuk explained why he signed an extension to stay in San Francisco.Yesterday - NFL -
NBC News - Politics
Harris talks economy, Trump comments about immigrants in Ohio in NABJ event
Vice President Harris spoke at a discussion hosted by the National Association of Black Journalists in Philadelphia on Tuesday, weeks after former President Trump questioned her racial identity at ...Yesterday - Donald Trump -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.Yesterday -
NBC News - Top stories
SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
PARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week’s United Airlines deal, a company director said Tuesday.Yesterday -
NBC News - Top stories
Judge rules Trump Media breached stock contract with early investor
Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled.Yesterday - Donald Trump -
CNBC - Business
Judge rules Trump Media breached stock contract with early investor
Donald Trump will soon be free to start selling his DJT shares, but the Republican presidential nominee recently said he will not do so.Yesterday - Donald Trump -
Yahoo Sports - Sports
Lucas Raymond Discusses Contract Negotiations After Signing 8-Year Deal
Lucas Raymond wanted a long-term contract with the Red Wings, and he got his wish. Here's what he had to say about the negotiation process.Yesterday -
Yahoo Sports - Sports
Celtics agree to Exhibit 10 contract with 7-foot-1 big man: Report
The Celtics reportedly are adding a big man to their training camp roster. Here's what to know about 7-foot-1 Ukraine native Dmytro Skapintsev.Yesterday - NBA -
CNBC - Business
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.Yesterday -
CNBC - Business
SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week's United Airlines deal.Yesterday -
MarketWatch - Business
If NFL star Tua Tagovailoa retires, here’s what happens to his $212 million contract
Tagovailoa recently suffered his fourth concussion in the past six years. He is meeting with neurologists to discuss his future in football.Yesterday - NFL -
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.Yesterday - Federal Reserve -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.Yesterday -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.Yesterday - China -
Yahoo Sports - Sports
The guarantee protections in Deshaun Watson's contract for 2024-26 still apply
August 2024 restructuring has no impact on status of guarantees.3 days ago