Opinion
Fed’s follies mean interest-rate cut won’t ease our economic woes
Because the Fed is in a lose-lose scenario whatever it does: No matter how big or small the cut, it will produce more financial pain for American families. That’s especially troubling given how much people’s budgets are already stretched amid the current cost-of-living crisis.
Fed set to cut interest rates: What it could mean for inflation, economy, jobs
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.
Fed's Powell says balance sheet drawdown continues amid rate cuts
Federal Reserve Chair Jerome Powell said on Wednesday still strong levels of liquidity in the financial system will allow the central bank to press forward with shrinking its balance sheet even as it has begun cutting rates.
The Fed's Powell is cutting interest rates. Here's how the economy will respond.
Fed Chair Jerome Powell’s next steps will have enormous influence over the economy that either Kamala Harris or Donald Trump inherits in January.
Jerome Powell’s sunny economic outlook clashes with the Fed’s bold interest rate cut
The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points that many expected from the central bank. And yet the markets dipped down, perhaps because of a perceived disconnect between Fed Chair Jerome Powell’s sunny prognosis that “the economy is in good shape” and the committee’s bold action that suggests a possible recession on the horizon.
Growing The Economy Through Investment Banking And Generative AI
While investment banking might not seem like a driver, increasing access to investment banking services can be key to growing ...
Bradford professor on war, climate change, the economy - and how to fix them
A Bradford university professor who predicted the September 11 terror attack and the US ‘war on terror’ has called on the ...
5 things to know for Sept. 19: Economy, Middle East, Teamsters Union, Baltimore bridge collapse, Severe weather
In a significant shift for the US economy, the Federal Reserve on Wednesday announced a jumbo-sized interest rate cut for the ...
Here’s how 5 Virginia Beach mayoral candidates say they’d grow economic development, reduce residents’ tax burden
Five candidates are running for mayor in Virginia Beach: Robert “Bobby” Dyer, Richard “RK” Kowalewitch, John Moss, Chris ...
Marketplace2d
Bill Gates: Solving malnutrition is both a global health and economic imperative
The Bill & Melinda Gates Foundation is focusing on the need to invest in global health in its 2024 Goalkeepers Report.
‘Not compatible with democracy’: John Howard slams former US president Donald Trump, says Kamala Harris ‘poor economic manager’
Former prime minister John Howard has slammed Donald Trump, saying he is “not compatible” with democracy while also taking a shot at Democratic nominee Kamala Harris. Australia’s second ...
‘The sky is not falling’: US economy added 142,000 jobs in August
The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction ...
Naka Nathaniel: Hawaii's Ag System Needs An Overhaul To Promote Food Independence
“We absolutely have the potential to be the breadbasket of the Pacific,” said Noa Kekuewa Lincoln, an assistant professor of ...
Zawya13h
The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment
Bogdanovic commented, "The Coca-Cola System has been part of Nigerian communities for over 70 years and believes in the strength and continued potential of the market. We are excited to announce this ...
Experts say modernizing public transit can improve traffic congestion, boost the economy
Millions of Americans rely on public transportation every day. However, the infrastructure is aging and calls for improvement ...
Has the Fed Ever Cut by 50 Basis Points in 'Peacetime'?
One argument for cutting rates by 25 basis points, or 0.25 percentage point, instead of 50 basis points goes like this: The ...