Jerome Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with “long and variable lags”
GM’s 2025 EV production capacity target in doubt after Barra comments
General Motors’ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in heavily in doubt, following comments Monday by CEO Mary Barra. The production capacity target for next year was one of
Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3%
The Dow Jones Industrial Average advanced to new highs on Tuesday, as the bull market broadened out beyond technology names on hopes of forthcoming interest rate cuts. The Dow surged by 742.76 points, or 1.85%, to close at 40,954.48. The 30-stock index hit
Kamala Harris says Trump picked JD Vance to be ‘rubber stamp’ for former president’s ‘extreme agenda’
Vice President Kamala Harris said in a newly released video that former President Trump selected Sen. JD Vance, R-Ohio, as his running mate to be a ‘rubber stamp’ for the Republican White House hopeful’s ‘extreme agenda.’ This comes ahead of Vance’s
McCarthy says Trump showing ‘real leadership’ to the world after assassination attempt
Milwaukee, Wis.—President Trump is showing ‘real leadership’ to ‘not just America, but the world’ following the attempt on his life over the weekend — drawing a stark contrast between himself and President Biden, former House Speaker Kevin McCarthy said. McCarthy
Former NY congressman lays out Dems’ years-long escalating rhetoric ahead of Trump assassination attempt
Former New York Republican Rep. Lee Zeldin said he’s ‘tired’ of seeing Republicans verbally and physically attacked, arguing that anti-Trump and anti-GOP rhetoric has reached new highs across the years. ‘The rhetoric has gotten so bad between, yes, the bullseye comment,
Delegates seen wearing ear bandages at Republican convention in solidarity with Trump
Several delegates at the Republican National Convention (RNC), including Arizona’s Stacey Goodman and Joe Neglia, were spotted donning ear bandages that mirrored the one being worn by former President Trump after he was wounded during an assassination attempt at his Pennsylvania rally
Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech
President Biden once again called to ‘lower the temperature’ in American politics following the assassination attempt on former President Trump before repeatedly attacking Trump in his remarks. Biden made the comments during a speech Tuesday in Las Vegas at the 115th
Tim Scott fires back after Milwaukee mayor says he doesn’t ‘buy’ the idea that Trump surging with Black voters
MILWAUKEE – South Carolina GOP Senator Tim Scott is pushing back after the Democratic mayor of Milwaukee said ‘I don’t buy it’ when asked about former President Donald Trump gaining popularity with Black voters. ‘Well, November 5th, you will have to buy
Haley takes stage to mixture of cheers and boos at RNC
Former South Carolina Gov. Nikki Haley made her highly anticipated appearance at the Republican Convention, taking the stage to a mixture of cheers and boos from those in attendance. Haley, who was former President Donald Trump’s fiercest primary rival, gave the