Trump May Claim Credit for Stock Surges, but the Reality Is Far More Complicated
[# item_content] On Wall Street, claims that a president is responsible for the fate of the stock market are largely dismissed as bluster. NYT > Business�
[# item_content] On Wall Street, claims that a president is responsible for the fate of the stock market are largely dismissed as bluster. NYT > Business�
[# item_content] Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt… Read More »Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
[# item_content] The shutdown could disrupt trade with the United States and other countries, as well as causing serious economic consequences within Canada. NYT > Business�
[# item_content] The agreement includes $70 million from the state, which needs legislative approval. Some lawmakers objected, calling for a more comprehensive solution with tech companies. NYT >… Read More »Google Joins $250 Million Deal to Support Newsrooms in California
[# item_content] Edgar Bronfman Jr. and his bidding group now have until September to sell Paramount on their offer. NYT > Business�
[# item_content] The F.B.I. raided the homes of two prominent commentators on Russian state television channels as part of an effort to blunt attempts to influence November’s… Read More »U.S. Investigating Americans Who Worked With Russian State Television
[# item_content] Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18 meeting. NYT > Business�
[# item_content] A report was delayed on the Bureau of Labor Statistics website, but some investors got it in the meantime, raising new questions about agency practices. NYT… Read More »While the Public Awaited Jobs Data, Wall Street Firms Got a Look
[# item_content] The plan does not appear to amount to government price controls. It also might not bring down grocery bills anytime soon. NYT > Business�
[# item_content] Economists forecast that a revision to payrolls data could undercut a robust picture of the labor market, further pressuring the Federal Reserve to cut rates. NYT… Read More »Investors Brace for a Jobs Wipeout