business news

The Fed forecasts lowering rates by another half point before the year is out

The Federal Reserve projected lowering interest rates by another half point before the end of 2024, and the central bank…

Republican House speaker floats deregulation and tax cuts — not tariffs — to pay for Trump proposals

Republican House Speaker Mike Johnson on Wednesday said former President Donald Trump could pay for his presidential campaign’s proposed economic…

Justice Department sues over Baltimore bridge collapse and seeks $100 million in cleanup costs

The U.S. Justice Department on Wednesday sued the owner and manager of the cargo ship that caused the Baltimore bridge…

Taiwan manufacturer rejects links to Lebanon’s exploding pager attacks, names Hungarian firm

Taiwanese pager manufacturer Gold Apollo rejected reports that it produced the devices at the center of deadly attacks in Lebanon…

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload…

111 Republican former officials endorse Harris, say Trump is ‘unfit to serve’

More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Vice President Kamala Harris in a letter, while…

Ray Dalio names the top five forces shaping the global economy

SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. …

Harris pledges to ‘earn the vote’ of Black men, as Trump makes gains

Vice President Kamala Harris on Tuesday laid out how her economic proposals could specifically help young Black men, a key…