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Tag: economic growth

HOUSTON, TEXAS - NOVEMBER 5: After winning reelection, U.S. Sen. Ted Cruz (R-TX) greets supporters at his election watch party at the Marriott Marquis on November 5, 2024 in Houston, Texas. Americans are casting their ballots today in the presidential race between Republican nominee former President Donald Trump and Democratic nominee Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Danielle Villasana/Getty Images)

Texas Senate Race Results

Ted Cruz has won Texas’s Senate Race.

Read More Texas Senate Race Results
WASHINGTON, DC - JANUARY 11: Sen. Roger Wicker (R-MS) speaks to the press on the transparency from the Department of Defense regarding the health of Defense Secretary Lloyd Austin on January 11, 2024 in Washington, DC. Secretary Austin was hospitalized for surgery relating to prostate cancer, which was not reported for several days. (Photo by Anna Rose Layden/Getty Images)

Mississippi Senate Race Results

Roger Wicker has won Mississippi’s Senate Race.

Read More Mississippi Senate Race Results
A person shops for vegetables at a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly/File Photo

US consumer spending, inflation rise moderately in August

Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.

Read More US consumer spending, inflation rise moderately in August
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 7, 2024. REUTERS/Brendan McDermid/File Photo

Wall St little unchanged as investors await Fed cues

Markets have been choppy after the S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday.

Read More Wall St little unchanged as investors await Fed cues
The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo

Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll

The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.

Read More Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo

The Fed has cut rates amid stock swoons before. Not this time

A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.

Read More The Fed has cut rates amid stock swoons before. Not this time

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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