CNN data reporter surprised by Kamala Harris’ popularity rise since becoming a presidential candidate
CNN data analyst Harry Enten seemed surprised on Wednesday by the rise in approval ratings since Vice President Kamala Harris, who was a historically unpopular vice president before Biden dropped out of the race, entered the race. “I think this is a really dramatic move,” Enten said, noting that when Harris entered the race her […]
Private student loan interest rates drop for 5-year terms and rise for 10-year terms
At Credible Operations, Inc. (NMLS No. 1681276, hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your financial situation. While we promote products from partner financial institutions from whom we receive compensation for our services, all opinions are our own. The latest private student loan […]
US retail sales unexpectedly rise, lowering odds for big rate cut
U.S. retail sales unexpectedly rose last month, a surprisingly strong result that likely reduces the likelihood of a big interest rate cut from the Federal Reserve this week. Retail purchases rose 0.1% in August, Commerce Department data released Tuesday showed, beating economists' expectations of a 0.2% decline as cash-strapped consumers showed resilience despite a shaky […]
Stock futures rise as Wall Street awaits retail sales data, Fed policy meeting: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange on September 13, 2024. Spencer Pratt | Getty Images Stock futures rose on Tuesday as Wall Street prepared for key retail sales data and the start of the Federal Reserve's September policy meeting. Futures S&P 500 increased by 0.3%, Nasdaq 100 Futures It rose […]
Global shares rise, dollar pinned lower by Fed rate cut bets By Reuters – Investing.com
By Samuel Indyk and Ray Wee LONDON (Reuters) – European shares rose on Tuesday but the U.S. dollar fell as the Federal Reserve was expected to begin an easing cycle and policymakers could potentially cut interest rates sharply. Investors remain focused solely on the Fed's decision on Wednesday, as the likelihood of a 50 basis […]
Stock market today: S&P 500, Nasdaq rise amid more signs of inflation cooldown – Yahoo Finance
U.S. stocks rose on Thursday as investors digested the latest inflation and labor data, testing lofty hopes for a quarter-point interest rate cut next week. The S&P 500 (^GSPC) rose 0.5%, the Nasdaq Composite Index (^IXIC) added 0.7% after a big closing gain led by tech stocks, and the Dow Jones Industrial Average (^DJI) added […]
Jobless claims rise slightly to 230K as employment market continues to cool
The number of Americans filing initial claims for unemployment benefits rose slightly to 230,000 last week, in line with economists' expectations as the U.S. job market continues to cool. According to Labor Department data, unemployment claims for the week ending Sept. 7 increased by 2,000 from 228,000 the previous week. Economists polled by Reuters had […]
Gold prices rise, keep record highs in sight amid bets on smaller rate cut – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, remaining near record highs as traders bet the metal will still benefit from a low interest rate environment. But expectations of a big rate cut from the Federal Reserve have plummeted after August core CPI inflation data came in better than expected. Traders were likely […]
Hurricane Francine aftermath could lead to rise in bacterial infections in South, CDC warns
The Centers for Disease Control and Prevention is warning victims of Hurricane Francine that they may be at risk of contracting melioidosis after the storm has passed. According to the CDC, melioidosis is a bacterial infection caused by a bacterium called Burkholderia pseudomallei (B. pseudomallei). It occurs after people or animals come into contact with […]
Social Security benefits are projected to rise 2.5% in 2025 – CBS News
The nation's more than 70 million Social Security recipients may want to temper their expectations about how much of a raise they'll get in 2025. On average, retirees can expect an increase of $48 a month, or 2.5%, according to a projection released Wednesday. Cost of living adjustments (COLAs) for 2025, which are based on […]