Biden to celebrate progress of American economy in Thursday remarks
In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American economy, but stop short of declaring victory.
'Keep the economy going well': What the rate cut means for the election
The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit card bills more affordable for Americans. How will the big economic news affect the presidential race?
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.
So we’re expecting a rate cut. When will we start to see a difference in the economy?
If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Trump Says Fed's Rate Cut Was 'Political Move'
Most people thought it was going to be half of that number, which probably would have been the right thing to do," Trump said in an interview with Newsmax. The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction.
Biden expects Fed to continue cutting interest rates
U.S. President Joe Biden said on Thursday he expects the Federal Reserve to continue cutting interest rates and vowed that his administration would keep working to lower costs for Americans. Biden use
After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
Biden Says Fed Made 'Declaration of Progress' With Interest Rate Cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased
Biden hails economic progress after Fed rate cut but avoids victory lap
U.S. President Joe Biden began touting the progress in bringing down inflation and boosting employment on Thursday, a day after the Federal Reserve's interest rate cut, while vowing to keep working to lower costs for American families.
Biden to Celebrate Rate Cut in Bid to Bolster Economic Legacy
President Joe Biden, in a speech Thursday, will celebrate the Federal Reserve’s decision to slash interest rates as a validation of his economic vision, part of the White House’s rebuttal of what’s seen as perhaps his greatest political liability.
Asian Creators Redefine Success in the Creator Economy
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China's flagging economy — and Kanye West — give each other a helping hand
The American rapper's unexpected China concert boosted local spending, which the government desperately needs but has ...
Voters Split on Whether Harris or Trump Would Do a Better Job on the Economy: AP-NORC Poll
A new poll finds neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, turning an issue ...
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
CNN reporter lectures boat-owning Trump supporter he shouldn't be complaining about economy
CNN reporter Elle Reeve clashed with a Trump supporter in Florida at a parade over whether he should be concerned about ...
Economy worries swirl after 'painful' Budget warning
The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government ...
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dockworkers and ports must ...
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 ...
China dairy farms swim in milk as fewer babies, slow economy cut demand
China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms ...