Fed Cuts Interest Rates for First Time in Four Years

Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong. Interest Rates, Federal Reserve System, United States Economy, Powell, Jerome H Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong. NYT…

Read More

Elon Musk’s X Finds Way Around Brazil Ban and Goes Live Again for Many Users

Elon Musk’s social network used a technical maneuver to restore service for many Brazilians after a court blocked it. Regulators expected to restore the block soon. Social Media, Regulation and Deregulation of Industry, Politics and Government, Computers and the Internet, Mobile Applications, CloudFlare Inc, Starlink Satellite Constellation (SpaceX), Supreme Federal Court (Brazil), X (Formerly Twitter), Musk,…

Read More

Trump Floats an Array of Expensive Tax Cuts to Win Votes

Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions. Tax Cuts and Jobs Act (2017), United States Politics and Government, Federal Budget (US), Presidential Election of 2024, Republican Party, Trump, Donald J Whether he is speaking to retirees,…

Read More

Chinese Automakers’ Answer to E.U. Tariffs: Build in Europe

BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe. Electric and Hybrid Vehicles, International Trade and World Market, Protectionism (Trade), Automobiles, China, Europe, BYD Co Ltd, Chery Automobile Co, Volkswagen AG, Volvo Car Corp, Customs (Tariff) BYD, which leads China’s electric vehicle sector,…

Read More

How to Avoid Cancellations on Short-Term Rentals

A family reserved an eight-night Vrbo in the U.S. Virgin Islands, but the owner canceled the day before the trip. Finding a comparable place was stressful and cost over $4,000 more; Vrbo wouldn’t make up the full difference. Travel and Vacations, VRBO.com, Prices (Fares, Fees and Rates), Customer Relations, Reservations (Airlines, Hotels, Etc.), Content Type: Service,…

Read More

How Inflation and High Interest Rates Have Changed the Economy

As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks. United States Economy, Inflation (Economics), Interest Rates, Federal Reserve System, Prices (Fares, Fees and Rates), Homeless Persons, Food Insecurity, Real Estate and Housing (Residential), Stocks and Bonds As inflation cools and the Federal…

Read More

After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength

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. United States Politics and Government, United States Economy, American Jobs Plan (2021), Stimulus (Economic), Presidential Election of 2024, Interest Rates, Prices (Fares, Fees and Rates), Inflation (Economics), Labor and Jobs, Federal…

Read More

What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More

Here’s what the half-point interest rate cut will mean for your car loans, credit cards, mortgages, savings and student loans. Personal Finances, Interest Rates, Mortgages, Credit Cards, Savings, Student Loans, Savings and Loan Associations, Content Type: Service, Federal Reserve System, Automobile Financing Here’s what the half-point interest rate cut will mean for your car loans, credit cards,…

Read More

Bank of England Holds Rates Steady but Signals Gradual Easing

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow. Banking and Financial Institutions, Inflation (Economics), Economic Conditions and Trends, Interest Rates, Bank of England The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow. NYT > Business

Read More

Japan’s Icom Says It’s Investigating Radio Targeted in Lebanon Blasts

The Japanese electronics manufacturer Icom said it stopped making the walkie-talkie model in 2014 and has warned about fake versions for several years. Deaths (Fatalities), Japan, Osaka (Japan), Icom Inc, Lebanon, Israel-Gaza War (2023- ), Iran-Israel Proxy Conflict, Israel, Hezbollah, Bombs and Explosives The Japanese electronics manufacturer Icom said it stopped making the walkie-talkie model in 2014…

Read More