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Tag: inflation

NEW YORK - OCTOBER 07: A trader works on the floor of the New York Stock Exchange October 7, 2008 in New York City. Despite a government debt buyout plan, the Dow continued to fall today, closing more than 500 points down. (Photo by Mario Tama/Getty Images)

Economy Grows 3%, but High Debt and Consumer Concerns Spark Worries Ahead

Today’s GDP report indicates modest growth of 3%, suggesting the economy is on an upward trajectory, but underlying concerns persist.

Read More Economy Grows 3%, but High Debt and Consumer Concerns Spark Worries Ahead
TOPSHOT - US First Lady Melania Trump boards a plane at Andrews Air Force Base for a three state overnight trip March 4, 2019 in Maryland. - The First Lady travels to Oklahoma, Washington, and Nevada as part of her "Be Best" tour. (Photo by Brendan Smialowski / AFP) (Photo credit should read BRENDAN SMIALOWSKI/AFP via Getty Images)

Melania Calls Trump’s Survival Of 2 Assassination Attempts A ‘Miracle’ In First TV Interview In Years

Former first lady Melania Trump appeared in her first television interview in over two years on Wednesday, reflecting on her feelings regarding the two assassination attempts against her husband, Donald Trump, as well as the current state of the country.

Read More Melania Calls Trump’s Survival Of 2 Assassination Attempts A ‘Miracle’ In First TV Interview In Years
US Vice President and Democratic presidential candidate Kamala Harris (L) joins US television producer Oprah Winfrey at a 'Unite for America' live streaming rally in Farmington Hills, Michigan, on September 19, 2024. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Trump Criticizes Oprah For Her Interview With Harris: ‘This Isn’t The Real Oprah’

Former President Donald Trump responded to an interview his former friend, Oprah, conducted with Vice President Kamala Harris.

Read More Trump Criticizes Oprah For Her Interview With Harris: ‘This Isn’t The Real Oprah’
Federal Reserve Board Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner/File Photo

Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner

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
GLENDALE, CALIFORNIA - FEBRUARY 16: The Nike logo is displayed at a Nike Well Collective store on February 16, 2024 in Glendale, California. Nike announced it will be laying off 2 percent of its workforce worldwide, close to 1,700 employees. (Photo by Mario Tama/Getty Images)

Nike CEO To Retire As Sportswear Company Sales Drop

Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition. 

Read More Nike CEO To Retire As Sportswear Company Sales Drop
NEW YORK, NEW YORK - SEPTEMBER 18: Traders work on the floor of the New York Stock Exchange on September 18, 2024 in New York City. The Federal Reserve is expected to announce its first interest rate cut since March 2020. (Photo by Stephanie Keith/Getty Images)

Wall Street: Dow Skyrockets To All-Time High After Fed Delivers Rate Cut

Wall Street had another big day with the Dow and S&P 500 hitting another intraday record high, just a day after the Federal Reserve cut interest rates by half-a-percentage point and forecasted that more cuts could be coming. 

Read More Wall Street: Dow Skyrockets To All-Time High After Fed Delivers Rate Cut

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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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