News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics
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Fed cuts interest rates heading into end of Biden White House and looking to Trump’s 2nd term
The Federal Reserve cut its key rate on Thursday — one of many factors that will decide what kind of economy Americans ...
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Opinion | The Biden Economy Is ‘Glorious’—if You’re Wealthy
New home buyers are spending thousands more each month on mortgage payments than those who bought homes before Mr. Biden took ...
Stock Market’s Trump Rally May Soon Meet Resistance From the Fed. Here’s Why and 5 Other Things to Know Today.
Elon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start ...
Biden unfairly criticized on economy.
There has been much criticism, especially from the Republicans, about how President Joe Biden and his administration handled ...
The Fed tries to stay above politics. But a lot is at stake for the central bank on Election Day.
The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent ...
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
Fed cuts interest rates in first meeting since Trump win
The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a ...
Voters Were Fed Up Over Immigration. They Voted for Trump.
Voters across party lines shifted to the right on immigration. They blamed Biden-Harris for failing to control the chaotic ...
The Cincinnati Enquirer12d
Biden official: Inflation down without sacrificing growth in Arizona
The Biden-Harris administration has been trying to convince voters ... Inflation is essentially back to the Fed’s target, and ...
CNN on MSN6d
Trump is likely to allow Fed chair to serve remainder of his term, adviser says
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, ...
The Washington Post5d
Friday briefing: Trump and Susie Wiles; Biden’s speech; Daniel Lurie; Fed rate cut; monkeys in South Carolina; Pompeii; and more
Donald Trump made his first key appointment after his election victory. President Joe Biden promised a smooth transition of power. San Francisco elected Daniel Lurie as mayor. The Federal Reserve cut ...