The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December.
Read More Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
Tag: ECONOMY
Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Billionaire John Paulson Vows to Pull Investments from Stock Market if Harris Wins Presidency
Billionaire hedge funder John Paulson has claimed he will remove his money from the U.S. markets if Vice President Kamala Harris stays in the White House for another four years in the upcoming November presidential election.
Read More Billionaire John Paulson Vows to Pull Investments from Stock Market if Harris Wins Presidency
Mark Matson: A Harris Presidency Will Hurt The Economy
While Kamala Harris claims she will create an opportunity economy that uplifts the middle class, economists warn her policies will hurt the American people.
Read More Mark Matson: A Harris Presidency Will Hurt The Economy
Consumer Confidence Rises Despite Inflation Concerns, Expert Weighs In
Consumer confidence in the U.S. improved slightly in early September, with the University of Michigan’s index rising to 69, beating expectations. Inflation expectations have dropped for four consecutive months,
Read More Consumer Confidence Rises Despite Inflation Concerns, Expert Weighs In
Kamala Harris’s First Solo Interview Goes Viral for Lack of Substance: ‘Disconnected from Everyday Americans’
Vice President Kamala Harris participated in her first solo interview since becoming the Democrat nominee nearly two months ago, following President Joe Biden’s monumental collapse.
Read More Kamala Harris’s First Solo Interview Goes Viral for Lack of Substance: ‘Disconnected from Everyday Americans’