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House lawmakers leave DC until September with government shutdown deadline looming

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GDP surges by 2.8%, giving hope for rate cuts in September

GDP is growing at 2.8% annually, which indicates that the economy is doing well. (iStock ) The pleasant surprise was that gross domestic product (GDP) grew 2.8% year-on-year in the second quarter. Advance quote This is good news for the overall economic outlook, as a GDP growth of between 2% and 3% indicates the U.S. […]

Growth and Inflation Are Too Hot for the Fed to Cut in September

Economic growth exceeds expectations Economic growth accelerated more than expected in the spring, weakening the case for rate cuts and The Federal Reserve is still not doing enough to cool the economy We intend to bring inflation down to our 2% target. The Bureau of Economic Analysis said Thursday that real gross domestic product (GDP) […]

Hunter Biden tax trial to begin in September

Hunter Biden’s criminal tax trial will begin on Sept. 9 in California, the federal judge overseeing the legal proceedings announced on Monday. Biden is accused of failing to pay $1.4 million in taxes and filing false tax returns between 2016 and 2019. He is accused of using the money to fund a lavish lifestyle, spending […]

Biden refuses to debate Trump before September showdown

President Biden said on Monday he would not debate ahead of his planned September debate with Donald Trump, insisting he was “on track” again amid widespread scrutiny of his mental health. When NBC News reporter Lester Holt asked Biden whether he would accept Trump’s offer to debate him again in the coming weeks, the president […]

A September Rate Cut Would Trigger Political Vengeance

When inflation falls, markets soar As someone once said, if the Fed has a reactive function, The market has an overreaction function. Evidence of this was apparent on Thursday when the Bureau of Labor Statistics released its June Consumer Price Index (CPI), which showed it had fallen for the first time since May 2020. Consumer […]

New York v. Trump: Merchan delays sentencing hearing until September

Judge Juan Marchand has postponed former President Trump’s sentencing in New York State v. Trump until September, following a request from leading Republican candidates and a lack of opposition from Manhattan District Attorney Alvin Bragg. Trump was convicted last month of all charges of first-degree falsifying business records in an unprecedented criminal trial after a […]

Judge Merchan Delays Trump Sentencing Until September

Judge Juan Marchand, who is presiding over former President Donald Trump’s business records trial, has postponed the former president’s sentencing until September. in letter Marchant wrote on Tuesday that Trump’s July 11 trial date has been “voided” and rescheduled for Sept. 18, 2024. This comes after Trump’s lawyers wrote to Marchant asking him to throw […]

Biden Will Participate in Second Debate in September

President Joe Biden, who is reportedly not withdrawing from the 2024 presidential race, plans to take part in the second debate in September, a Biden adviser said. Said CNN Friday. ABC News’ David Muir and Lindsay Davis will moderate the debate on Sept. 10. Details about the event, including rules, location, staging and format, have […]

A golden opportunity to highlight Biden’s blunders: September

Imagine what would happen if Republicans seized this key opportunity to hold a sustained national debate on issues like inflation, crime, national security threats and the costs of Joe Biden’s border policies. With a majority of voters opposed to Biden’s policies, no political analyst would argue that Democrats could withstand such intensive scrutiny on the […]