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Powell downplays impact of interest rate cut on presidential race between Trump and Harris


Powell downplays impact of interest rate cut on presidential race between Trump and Harris

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy on September 18, 2024 in Washington, USA. Tom Brenner | Reuters Federal Reserve Chairman Jerome Powell said Wednesday’s larger-than-expected interest rate cut could have only a limited impact on the race […]

Presidential debate Trump, Harris – economic facts


Presidential debate Trump, Harris – economic facts

When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, they are expected to bring with them a stash of talking points about the U.S. economy. In the weeks leading up to their debate moderated by ABC News, both Harris and Trump have put forward new […]

Stock market today: Live updates


Stock market today: Live updates

A trader works on the trading floor of the New York Stock Exchange. NYSE Stocks fell on Tuesday as technology stocks struggled and traders prepared for a potentially difficult month. The Dow Jones Industrial Average 450 points or 1.1% lower. The S&P500 fell by 1.1%, while the Nasdaq-Composite fell by 1.4%. Stocks came under downward […]

Stocks rise as market comeback pushes S&P 500 into best week of 2024


Stocks rise as market comeback pushes S&P 500 into best week of 2024

U.S. stocks rose on Friday as investors closed out the best week of 2024, part of a market recovery after a sharp decline at the start of August. The S&P500 rose 0.2% to 5,554.25, while the Nasdaq-Composite rose 0.21% to 17,631.72 on Friday. Dow Jones Industrial Average rose 96 points, or 0.24%, to 40,659.76. This […]

Stock market news from August 8, 2024


Stock market news from August 8, 2024

Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. Brendan McDermid | Reuters Stocks rose on Thursday after new jobs data boosted investor confidence in the U.S. economy following a sharp sell-off in markets earlier in the week. The S&P500 rose 2.3% to […]