Economy

Former head of Dallas Fed Kaplan urges a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…

Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Miami Beach, Florida, Manolo, restaurant, employees at bakery counter. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Jeff Greenberg…

Ray Dalio names the top five forces shaping the global economy

Ray Dalio, founder of Bridgewater Associates, speaks onstage during The Wall Street Journal’s 2024 The Future Of Everything Festival at…

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.…

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…

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…

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…

F, CLX, BA, PINS and more

Check out the companies making headlines before the bell. Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded…

Saudi Arabia slashes growth forecasts, sees wider budget deficits

Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…