Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Consumer confidence in the U.S. improved slightly in early September, with the University of Michigan’s index rising to 69, beating expectations. Inflation expectations have dropped for four consecutive months,
Vice President Kamala Harris participated in her first solo interview since becoming the Democrat nominee nearly two months ago, following President Joe Biden’s monumental collapse.
Vice President Kamala Harris participated in her first solo interview since becoming the Democrat nominee nearly two months ago, following President Joe Biden’s monumental collapse.
Argentina’s Libertarian president, Javier Milei, stuck to his 2025 budget commitment during a presentation to Congress on Sunday, vowing that he would defend Argentina’s fiscal balance, regardless of macroeconomic issues.
BurgerFi filed for Chapter 11 bankruptcy on Wednesday, joining other restaurant chains that have already made the financial move.
The Consumer Price Index report shows inflation rose 0.2% in August, with prices up 2.5% from a year ago—the lowest yearly increase since early 2021.
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.