Milestone Moment Economy
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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.15 minutes ago - Joe Biden -
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.1 hour ago -
The New York Times - Top stories
The Fed Rate Cut Was a Tough Call That’s Good For Our Economy
The agency’s bold decision to cut its policy interest rate significantly affirms its commitment to keep the labor market strong.2 hours ago - Federal Reserve -
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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 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 ...3 hours ago -
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.4 hours ago -
Los Angeles Times - Entertainment
China's flagging economy — and Kanye West — give each other a helping hand
The American rapper's unexpected China concert boosted local spending, which the government desperately needs but has struggled to do.5 hours ago - China -
The Hill - Politics
Most voters anxious about election, with economy, political violence top concerns: Poll
A new Yahoo News/YouGov poll reported that 67 percent of Americans are anxious about the November election, showing an increase in concern compared to results from four months ago with a ...6 hours ago -
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 president6 hours ago -
CBS News - Top stories
A Moment With: Viswa Colluru
Enveda Biosciences CEO and Founder Viswa Colluru shares his journey to delivering hope through new medicines7 hours ago -
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.10 hours ago - Joe Biden -
The New York Times - Business
How Inflation and High Interest Rates Have Changed the Economy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks.12 hours ago -
MarketWatch - Business
Harris has closed the gap with Trump on who would handle the economy better, new report says
Democratic presidential nominee Kamala Harris has caught up to Republican rival Donald Trump on the question of which of them is more trusted when it comes to handling the U.S. economy, according ...12 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 election22 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.23 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 ...Yesterday - 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.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 -
CBS Sports - Sports
Yankees slugger Juan Soto completes milestone by homering in all 30 MLB stadiums: 'All of them checked'
Soto called the milestone a 'great feeling' as he heads into free agencyYesterday - MLB -
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 ...Yesterday - Federal Reserve -
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 -
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 -
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 -
The Guardian - World
Champions League: Kane scores four as Bayern put nine past Dinamo Zagreb
Bayern Munich 9-2 Dinamo Zagreb, Sporting 2-0 Lille Yildiz scores first goal of new format as Juve sink PSV Harry Kane scored four goals, including three penalties, to lead Bayern Munich to a ...Yesterday - UEFA Champions League -
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 -
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.2 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 -
The Guardian - World
Norway: electric cars outnumber petrol for first time in ‘historic milestone’
Nordic country, paradoxically a major oil producer, has set target for all new cars sold to be zero emission. Electric cars now outnumber petrol cars in Norway for the first time, an industry ...2 days ago -
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.2 days ago -
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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