subscribe
TotalNews Logo

CHOOSE LANGUAGE

SELECT LANGUAGE BELOW

Subscribe
TotalNews Logo

Tag: cut

EXCLUSIVE: ‘They have decided to go silent’: Springfield police cut radio access as Springfield descends into ‘absolute turmoil,’ says Ohio police chief

Tremont Police Chief Chad Duncan said the Ohio city of Springfield has been in “total chaos” since the arrival of about 20,000 Haitian nationals. Blaze-News reporter Julio Rosas returned to Tremont City, about eight miles from Springfield, this week to talk to local officials and residents to get their perspective on the impact of the […]

New home sales, prices dropped ahead of Fed rate cut

Sales of new U.S. single-family homes fell in August, but lower mortgage rates and home prices could stimulate demand in coming months. The Commerce Department's Census Bureau said Wednesday that new home sales last month fell 4.7% to a seasonally adjusted annual rate of 710,600. The July sales pace was revised upward to 751,000 from […]

Biden administration gets boost from Fed rate cut

The Biden administration has touted confidence in the economy after interest rate cuts by the Federal Reserve helped spur a rise in stock prices. Markets surged last week after the Fed cut interest rates for the first time in more than four years, ushering in a new era for the economy as Democrats praised the […]

Stock rally pauses as rate cut cheer meets recession fears – Yahoo Finance

Naomi Robnick and Wayne Cole LONDON/SYDNEY (Reuters) – Global shares hovered near record highs on Monday and Wall Street futures rose cautiously ahead of a business activity survey that could confirm or call into question market expectations of another big interest rate cut from the Federal Reserve. MSCI's global stock index was stable after two […]

Gold prices hit record high as rate cut cheer persists – Investing.com

Investing.com — Gold prices hit a record high in Asian markets, benefiting from continued support for lower U.S. interest rates, while rising uncertainty ahead of a series of signals this week also drove prices higher. Last week, precious metals surged to record highs after the Federal Reserve cut interest rates and have largely maintained that […]

What made the cut in Congress’s plan to avert a shutdown — and what didn't

Congressional leaders agreed to postpone the fight over funding until spring 2025 and keep the government going past the looming Sept. 30 deadline after an earlier attempt to attach a citizenship-certified voting bill backed by President Trump failed. The House is expected to take up the bill, also known as a continuing resolution (CR), as […]

How the Fed’s jumbo interest rate cut will impact your wallet

Brian Belski, chief investment strategist at BMO Capital Markets, talks about the importance of stock selection on “The Claman Countdown.” Stocks extended their solid weekly gains as the Dow and S&P 500 held on to record highs. The rise came after the Federal Reserve cut interest rates for the first time since March 2020. A […]

Largest US asset managers cut support for climate change proposals

The three biggest U.S. asset managers reportedly scaled back shareholder support for so-called ESG proposals during the last voting period following Republican backlash over their controversial investment policies. BlackRock, State Street and Vanguard, which hold roughly 20% of all companies in the S&P 500, have backed fewer environmental, social and governance resolutions compared to last […]

Everyone Agrees the Fed Cut Was a Gift to Kamala Harris

The Fed's rate cut was a 'boon' for Harris' team Supporters of Kamala Harris and Donald Trump found something they could agree on: the Federal Reserve's half-point interest rate cut this week. Political gifts for Harris. “This is really a political move,” Trump said in an interview with Newsmax on Thursday. “Most people thought it […]