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…
President-elect Donald Trump unveils ambitious plans for his upcoming term, including proposed tariffs on goods imported from China and Mexico. While Republican majorities in both the House and Senate are…
Retail sales in the U.S. increased by 0.4% in October, indicating resilience in consumer spending as the holiday shopping season approaches. The Census Bureau reports estimated sales of nearly $719…
The Federal Reserve has announced another reduction in interest rates, lowering them by a quarter point in response to a cooling inflation trend and recent economic developments following Donald Trump’s…
As Donald Trump prepares to assume office for his second term as the 47th President of the United States, he has pledged a sweeping agenda focused on border security, economic…
As the ongoing dockworkers strike continues to shut down 36 major ports along the East Coast and Gulf of Mexico, economists and industry experts are warning of widespread and potentially…
The United States could run out of several popular fruits within weeks due to an impending strike by the International Longshoremen’s Association (ILA), which represents dockworkers along the East Coast…
President Joe Biden is touting the nation’s economic turnaround, declaring that the U.S. has risen from the brink of an economic crisis to become the strongest economy in the world.…
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…