Firewall Cost Economy
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ABC News - World
Sri Lanka's presidential election a test for current leader, 2 years after its economy hit bottom
Sri Lankans who usually vote along religious and ethnic lines will be keeping another factor in mind when they vote Saturday on a new president31 minutes ago -
CNBC - Business
Ray Dalio says the Fed has 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.3 hours ago -
CBS News - Top stories
Trump says inflation has cost households $28,000. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.7 hours ago - Donald Trump -
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 election8 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.8 hours ago -
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 ...10 hours ago - Joe Biden -
ABC News - Top stories
Ship owner cut corners on repairs before deadly Baltimore bridge collapse, US says in $100M lawsuit
The U.S. Justice Department is suing the owner and manager of the cargo ship that caused the Baltimore bridge collapse11 hours ago -
CBS News - Top stories
How much will an $850,000 mortgage cost per month?
Monthly payments on an $850,000 mortgage loan could fall in the weeks and months ahead. Here's what to know now.11 hours ago -
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.11 hours ago - 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.12 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 ...13 hours ago - Federal Reserve -
CNBC - Business
Your favorite stocks may soon be quoted in half-penny increments, which could cut trading costs
The U.S. Securities and Exchange Commission will vote on a proposed amendment to change the minimum pricing increment for most stocks.14 hours ago -
CBS News - Top stories
Assisted living facilities vs. nursing homes: What to know about cost and care
Costs and services differ between assisted living vs. long-term care facilities. Here's what to consider now.16 hours ago -
CBS Sports - Sports
Chiefs waive former Cowboys TE who cost Kansas City $100,000 for sideline shove in Week 1 vs. Ravens
A costly transaction17 hours ago - NFL -
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.18 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.Yesterday -
ESPN - Sports
Vols up ticket costs by 10% to help pay athletes
Tennessee is increasing the cost of tickets for all sports by 10%, with the "talent fee" being used to help pay athletes as part of the revenue-sharing plan.Yesterday -
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.Yesterday - China -
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 -
ABC News - World
Gunfire injures 6 police officers in Martinique during protests over living costs
Officials in the French Caribbean island of Martinique say at least six police officers have been injured by gunfire during violent protests over the high cost of livingYesterday -
VentureBeat - Tech
Meet e6data: The Kubernetes-native data compute engine promising massive cost savings
e6data's lakehouse compute engine promises 5x better query performance on the heaviest workloads with 50% lower total cost of ownership.Yesterday -
CBS News - Top stories
How much will an $800,000 mortgage cost monthly after rate cuts?
Monthly payments on an $800,000 mortgage loan could soon become less expensive. Here's what to know now.Yesterday - Mortgage -
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 -
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 -
The Wall Street Journal - World
'Pig-Butchering' Scams Cost Americans Billions. This Lawyer Is Taking Them On.
Prosecutor Erin West has been one of the few to have any success against the overseas criminal networks perpetrating a new type of fraud.Yesterday -
MarketWatch - Business
Cigna’s PBM Express Scripts sues the FTC, seeking retraction of drug-cost report
Cigna Group’s pharmacy benefit manager Express Scripts on Tuesday sued the U.S. Federal Trade Commission, alleging that the agency’s July report on the PBM industry was biased and defamatory and ...Yesterday -
The Guardian - World
‘Every time the planes pass, my eyes burn’: the hidden cost of Costa Rican bananas
Pesticides banned in the EU are still used in the Central American country, affecting workers and ecosystems, all to meet the demand for ‘perfect’ fruit in the west. Photographs by Marco Valle ...Yesterday -
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.2 days ago - China