APEC summits
Former Biden And Harris Economic Advisor Makes Return To BlackRock
Mike Pyle, the former economic advisor to President Joe Biden, will be returning to the controversial multi-trillion dollar investment company BlackRock.
Business
Fed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Bank of America
Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
economics
Inflation Slows, But Americans Still Struggling
CPI Data Is Out: Inflation rose 2.9% over the past year, signaling that price increases are slowing down.
10-year Treasury yield
Stocks hold firm as US inflation data keep rate cut hopes alive
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
Biden
February Jobs Report And Reaction to Biden’s Economic Claims in State of the Union
Strong Jobs Data Coincides with Mass Job Cuts. Today’s February jobs report showed that 275,000 jobs were added.