Trump claims victory on US economy despite many Americans’ cost of living concerns
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Trump claims victory on US economy despite many Americans’ cost of living concerns
Donald Trump claimed victory on the economy after 12 months back in office on Tuesday, declaring it to be the “greatest first year in history” as many Americans express alarm over the cost of living. In a stream-of-consciousness speech at the Detroit Economic Club, the US president delivered his go»»»
'Wouldn't permit this for Fed': US Supreme Court allows Trump admin to remove two independent agency members
Donald Trump (File image) The United States Supreme Court, through a majority (6-3) decision on Thursday, put on hold a lower court order, upholding the Donald Trump administration's removal of two members from the independent federal agency each was appointed to.However, the Supreme Court also sig»»»
Federal Reserve is set to cut rates again while facing a hazy post-election outlook
This combination of file photos shows Democratic presidential nominee Vice President Kamala Harris, left, speaking at a campaign rally in Charlotte, N.C., on Sept. 12, and Republican presidential nominee former President Donald Trump speaking a town hall campaign event in Warren, Mich., on Sept. 27»»»
Federal Reserve is Set to Cut Rates Again
No one knows how Tuesday's presidential election will turn out, but the US Federal Reserve's move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year. The presidential contest might still be unresolved when th»»»
The Fed is finally about to cut interest rates. What took so long?
— It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s long fight with inflation and for Americans battling a higher cost of living for the past two years. But»»»
U.S. Employers Added Vigorous 272,000 Jobs In May
President Joe Biden is likely to point to Friday's jobs report as a sign of the economy’s robust health under his administration. WASHINGTON (AP) — America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy t»»»
US job growth: Employers added 272,000 jobs in May, unemployment edged up to 4%
Last month’s robust job gain suggests that the economy should keep expanding at a steady pace America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates»»»
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