‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…
Senators strike bipartisan deal for a ban on stock trading by members of Congress
A bipartisan group of senators on Wednesday launched a renewed effort to ban members of Congress from trading stock. “Congress should…
As NATO meets, leaders look to ‘Trump-proof’ the military alliance
As NATO celebrates its 75th anniversary with a summit in Washington this week, the alliance is facing some familiar foes…
Biden announces new NATO aid for Ukraine, as his reelection campaign teeters
President Joe Biden announced new commitments to help Ukraine bolster its air defense against Russia in a speech Tuesday commemorating…
Suspected carjacker shot outside home of Supreme Court Justice Sonia Sotomayor
A deputy U.S. Marshal tasked with protecting Supreme Court justices’ homes shot an alleged armed carjacker near the Washington residence…
Biden needs to show he’s ‘with it’ at ‘extraordinarily important’ NATO summit, former diplomat says
The stakes are high for the NATO alliance as the organization’s 75th anniversary summit gets underway in Washington this week.…
Stocks making the biggest moves midday: Macy’s, MicroStrategy, Coinbase, Nvidia and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling fell about 2%…
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
The unemployment rate for women in white, Black and Hispanic racial groups rose in June in line with the overall…
Biden revoked 8 licenses for China’s Huawei in 2024, document shows
The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported…
U.S. adds six companies to trade restriction list, four for training China’s military
The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China’s military forces, according to a government posting. Two of the companies are in…
