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Tag: inflation

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
A trader works 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

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
NEW YORK, NEW YORK - SEPTEMBER 17: Liz Claman (L) and John Paulson on set of "The Claman Countdown" at Fox Business Network Studios on September 17, 2024 in New York City. (Photo by Rob Kim/Getty Images)

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

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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