adminHarris’s proposed unrealized capital gains tax is unlikely to pass: CIO
Unrealized capital gains tax proposals may be floating back into the zeitgeist as the Harris presidential campaign marches on, but for some, the noise around it is much ado about…
Charting the Global Economy: Inflation Eases in US and Europe
(Bloomberg) — Inflation cooled in the US and Europe, setting the stage for policymakers in both regions to lower interest rates in September. Most Read from Bloomberg On a three-month…
A key inflation metric is back to trending below the Fed’s 2% target: Chart of the Week
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…
VP Harris: ‘As president, I will not ban fracking’
Democratic presidential candidate Kamala Harris wants to make it crystal clear: If she's elected president, she won't put a stop to fracking, the drilling technique she once opposed prior to…
Ship targeted by 2 suspected missiles from Yemen’s Houthi rebels in Gulf of Aden as oil tanker burns
DUBAI, United Arab Emirates (AP) — Two missiles suspected to have been fired by Yemen's Houthi rebels targeted a ship in the Gulf of Aden late Friday, splashing down nearby…
U.S. stock rally broadens as investors await Fed
By David Randall NEW YORK (Reuters) – A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key…
Hunt for Fed-Pivot Winners Sparks a Rush to Indonesia, Malaysia
(Bloomberg) — Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the Federal Reserve looks set to…
Treasuries End August Sliding as Traders See Gradual Fed Cuts
(Bloomberg) — Treasury yields rose Friday as inflation data reinforced the outlook for a less-aggressive pace of Federal Reserve interest-rate cuts starting next month and investors anticipated an increase in…
Federal agency cracks down on a predatory lending practice that often hurts Somali Muslims
For years, Fartun Weli has been frustrated with the way low-income Somali Muslims in Minnesota have been targeted by shady home sellers edging their way into the community — by…
US consumer spending picks up; inflation rises moderately in July
WASHINGTON (Reuters) – U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-percentage-point interest rate cut…
