Weakens Depression
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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 -
Financial Times - Business
EU competition chief warns against weakening rules to create champions
Margrethe Vestager’s comments come as successor told to be ‘more supportive’ of companies2 days ago - European Union -
MarketWatch - Business
Industrial production gets short-lived boost from cars, but U.S. manufacturers still depressed
Industrial production rose a stronger-than-expected 0.8% in August, but most of the increase was tied to autos and there was little sign of a rebound in a depressing manufacturing sector.2 days ago