Federal Reserve Lowers Interest Rates for the Third Time in 2024
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
President-elect Donald Trump and Masayoshi Son, the CEO of Japanese tech giant SoftBank, make a joint announcement today from Trump’s Mar-a-Lago residence in Palm Beach, unveiling a massive $100 billion…
The stock market surged to record highs on Wednesday as investors responded to Donald Trump’s return to the White House, with the Dow Jones Industrial Average setting a new all-time…
The 2024 Nobel Prize in Economic Sciences has been awarded to three prominent U.S.-based economists—Daron Acemoglu, Simon Johnson, and James A. Robinson—for their groundbreaking research on the crucial role that…
The Federal Reserve is poised to announce its first interest rate cut in more than four years, signaling a significant shift in monetary policy as it wraps up a crucial…
Federal Reserve Chair Jerome Powell has confirmed that the central bank is prepared to begin cutting interest rates, signaling a significant shift in U.S. monetary policy. Speaking at the Federal…
Stocks are experiencing a significant decline on Wall Street, with major indices showing steep losses. The Dow Jones Industrial Average has dropped over 800 points during today’s session, reflecting widespread…
A new survey reveals that a significant portion of Americans feel their financial situation has deteriorated since the beginning of President Joe Biden’s administration in January 2021. According to the…
Toyota is making a substantial investment in its San Antonio plant, a key facility for the production of Tundra pickups and Sequoia SUVs. This major expansion underscores Toyota’s commitment to…
The South Brooklyn Marine Terminal is undergoing a significant transformation to become the largest offshore wind port in the United States. Today, Mayor Eric Adams attended the groundbreaking ceremony for…