US stocks rally as strong retail sales raise hopes of ‘soft landing’ – Financial Times
Positive US retail sales data and strong performance from Walmart lifted markets and boosted confidence that the US economy will avoid a recession and achieve a “soft landing”. The new optimism spurred a rally on Wall Street, with the S&P 500 closing up 1.6%, enough to erase the index’s entire August decline. The tech-heavy Nasdaq […]
JetBlue downgraded by S&P and Moody’s amid $3B debt raise
See what’s clicking on FoxBusiness.com Ratings agencies S&P and Moody’s downgraded JetBlue Airways after the airline announced plans to raise more than $3 billion in debt, much of it through its loyalty program, TrueBlue. The New York-based company’s shares plummeted 19%. JetBlue plans to raise $1.5 billion through a private offering of senior secured notes […]
Vance wants to raise the child tax credit to $5,000. Here's why that could be difficult – CNBC
Republican vice presidential nominee Senator J.D. Vance speaks at a campaign rally at NMC-Wallard Inc./Wallard International in Eau Claire, Wisconsin, on August 7, 2024. Adam Boettcher | Getty Images Sen. J.D. Vance of Ohio, former President Donald Trump’s Republican vice presidential nominee, wants to more than double the child tax credit, but policy experts say […]
Harris plan to nix taxes on tips, raise minimum wage could cost up to $200 billion: analysis
Vice President Kamala Harris’ proposal to eliminate the tip tax and raise the federal minimum wage could cost up to $200 billion over 10 years, according to a new analysis from a budget watchdog group. The Committee for a Responsible Federal Budget (CRFB) said on Monday Estimation Exempting tip income from federal income taxes and […]
South Londoners raise £3k for street cleaner’s holiday – but bosses say no | London
A heartwarming story about a community coming together to show their appreciation for a man who helps keep their streets clean hit a snag when his boss told him he couldn’t accept holiday donations. In Beckenham, south-east London, more than 200 people have donated money to send Paul Spires to Portugal for a summer holiday. […]
50cent Says Ari Melber Needs A Raise After MSNBC Beats FOX NEWS in the Ratings
SupportthisTV Like Share comment Subscribe Follow me on Instagram @SupportthisTV 50cent Says Ari Melber Needs A Raise … source
Ben Stiller, Nick Offerman Join Kathy Griffin, Other Celebrities to Raise over $500k in ‘Comics for Kamala’ Fundraiser
Hollywood celebs Ben Stiller, Nick Offerman, John Stamos, Ed Helms, Tiffany Haddish, Ike Barinholtz, Mark Hamill and Rosie O’Donnell teamed up with Kathy Griffin and other stars for the three-hour “Comics for Kamala” Zoomathon fundraiser, which raised more than $500,000 in support of Kamala Harris’ presidential bid. Hosted by comedian Paul Mecurio, the Zoom call […]
It Is ‘Ageism’ to Raise Concerns About Joe Biden’s Fitness
Minnesota Governor Tim Walz, Democratic presidential nominee Kamala Harris’ running mate, tried to cover up President Joe Biden’s eligibility to hold the presidency in January. Walz argued that Americans’ concerns about Biden’s fitness to be president are “ageism.” Remember: Tim Walz said that Americans’ concerns about Biden’s fitness to be president are ageism.pic.twitter.com/l7Nn3v79Av — Trump […]
Investors raise the odds of a 50-basis point Fed rate cut in September
Jeff Sica of Circle Squared Alternative Investments weighed in on the market sell-off, arguing that the problem lies in the credit markets. Concerns about an impending recession have led some Wall Street economists to Federal Reserve It is likely to approve an unusually large interest rate cut at its next policy meeting in September. A […]
‘Serious loophole’: GOP widens probe into ActBlue, Dem fundraising platform helping Harris raise millions
First appeared on FOX: A key House committee is expanding its investigation into ActBlue, a major Democratic fundraising platform. Rep. Brian Steil (R-Wis.), chairman of the House Administration Committee, is investigating ActBlue amid accusations that it circumvents campaign finance laws and allows rampant fraud on the site. In a letter to Federal Election Commission (FEC) […]