Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dockworkers and ports must strike a contract by the same date.
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit card bills more affordable for Americans. How will the big economic news affect the presidential race?
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U.S. central bank’s independence while criticizing Republican presidential nominee Donald Trump’s stated desire to wield more influence over the Fed.
Inflation hit a three-year low last month, just as the presidential election is heating up. But the high cost of housing and other necessities will keep the economy central to both of the major campaigns,
After another tumultuous weekend in the presidential campaign, Americans are still largely focused on their finances, new surveys show. That could give an edge to Vice President Kamala Harris.
But the Fed faces a big decision about how much to cut in its quest to achieve a “soft landing” after years of inflation.
A new Yahoo News/YouGov poll reported that 67 percent of Americans are anxious about the November election, showing an increase in concern compared to results from four months ago with a
Americans are feeling a greater sense of optimism about the US economy this month, thanks to slower inflation. Voters also see a greater likelihood that Vice President Kamala Harris will defeat former President Donald Trump in the upcoming November election.
Vice President Kamala Harris sat for a nearly 45-minute interview with the National Association of Black Journalists.