Pop the Champagne for the Fed Rate Cut and a Soft Landing Ahead Former President Donald Trump has criticized the recent Federal Reserve interest rate cut as politically motivated, but former Chair of the Council of Economic Advisers argues it’s exactly what the economy needs. As Vice President Kamala Harris and Trump engage in heated […]
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Senate Committee Probes Tech Executives on Election Security Concerns.Cau
Google parent Alphabet’s global affairs president Kent Walker and Microsoft President Brad Smith greet U.S. Senator John Cornyn (R-TX) before a Senate Intelligence Committee hearing on election threats, on Capitol Hill in Washington, U.S., September 18, 2024. REUTERS/Anna Rose Layden By Katie Paul U.S. Lawmakers Grill Tech Executives on Election Disinformation Preparedness NEW YORK (Reuters) […]
A Bat in Flight and a Baserunning Blunder Derail Mariners’ Playoff Hopes.Cau
Seattle Mariners’ Julio Rodríguez is picked off at third base by New York Yankees third baseman Jazz Chisholm Jr. after Mariners’ Randy Arozarena lost his bat on a swing during the 10th inning of a baseball game Wednesday, Sept. 18, 2024, in Seattle. (AP Photo/Lindsey Wasson) Mariners’ Playoff Hopes Dimmed by Strange Loss Against Yankees […]
Analysis: Following Major Fed Rate Cut, Markets Pin Hopes on a U.S. Soft Landing.Cau
FILE PHOTO: Traders work on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly/File photo By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – The recent Federal Reserve meeting has put a spotlight on a critical question […]
Fed Implements Bold Half-Point Rate Cut in Aggressive Move.Cau
Federal Reserve Makes Bold Move with 50 Basis Point Rate Cut The Federal Reserve took significant action on Wednesday, reducing its key interest rate by 50 basis points, marking a notable shift from its previously restrictive monetary policy aimed at combating inflation. Key Highlights: The Fed’s decision to lower rates aims to ease borrowing costs […]