Slowing Economy Friction
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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.1 hour 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 ...2 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 president2 hours ago -
MarketWatch - Business
U.S. leading-economic-indicators index drops for sixth straight month
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.2 hours ago -
The Guardian - World
Car industry calls for shift in EU emissions targets amid slowing EV sales
Automotive lobby group warns ‘multibillion-euro fines’ will punish manufacturers without relaxation of rules. Europe’s car industry has called for the relaxation of EU emissions targets after sales ...3 hours ago - European Union -
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.6 hours ago - Joe Biden -
The New York Times - Business
After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.7 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.7 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 ...7 hours ago - Donald Trump -
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.13 hours ago -
CBS Sports - Sports
PSG's Champions League start may have been slow, but Luis Enrique's men have ingredients to be contenders
French titleholders have been better this season but came up against motivated Spanish UCL debutants and got it done in the end18 hours 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 election18 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.18 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 ...20 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.21 hours ago - Federal Reserve -
ESPN - Sports
Chiefs' Kelce on slow start: 'I put that on me'
Travis Kelce, who has four catches for 39 yards in the Chiefs' first two games of the season, blames the slow start to his season on himself.22 hours ago - NFL -
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.22 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 ...23 hours ago - 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 -
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 -
ESPN - Sports
Ronaldo's Saudi club fires coach after slow start
Cristiano Ronaldo's Saudi Arabian club, Al Nassr, is looking for a new coach after firing Luis Castro on Tuesday in the second managerial change since the Portugal star's arrival.Yesterday -
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 ...Yesterday - Federal Reserve -
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 -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...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 -
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 -
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 -
CNBC - Business
E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
E.l.f. Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday the budget-conscious nature of the products has helped the company perform well.2 days ago