business news

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024.…

Harris small business tour launches in play for Latino, Black voters

Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S.,…

‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech

China’s President Xi Jinping speaks during an awards ceremony at the Great Hall of the People in Beijing on Sept.…

Port strike could reignite inflation, with larger economic impact dependent on how long it lasts

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in…

Iran’s response to Israel is a choice between revenge and survival

Iran’s Supreme Leader Ayatollah Ali Khamenei waves before voting in the country’s presidential election, in Tehran, Iran July 5, 2024. …

LMT, PAYX, CVS and more

Check out the companies making headlines in midday trading. New Fortress Energy – Shares of the natural gas company popped…

Ray Dalio says the Fed faces a tough balancing act

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan…

Biden administration doubles down on tough asylum restrictions at border

U.S. President Joe Biden delivers remarks on an executive order limiting asylum in the East Room of the White House…

South Dakota opts out of Inflation Reduction Act energy rebates

Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…