After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
Posted inBiden, Joseph R Jr Brainard, Lael Federal Reserve System Harris, Kamala D Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Presidential Election of 2024 Prices (Fares, Fees and Rates) Stimulus (Economic) United States Economy United States Politics and Government

After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength

The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Posted inBiden, Joseph R Jr Federal Reserve System Harris, Kamala D Inflation (Economics) Interest Rates Mortgages Presidential Election of 2024 Prices (Fares, Fees and Rates) Trump, Donald J United States Economy White House Council of Economic Advisers

A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices

Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race
U.S. Steel C.E.O. Says Nippon Deal Will Strengthen National Security
Posted inBiden, Joseph R Jr Burritt, David Foreign Investments Harris, Kamala D International Trade and World Market Labor and Jobs Mergers, Acquisitions and Divestitures Nippon Steel Corporation Presidential Election of 2024 Protectionism (Trade) Steel and Iron Trump, Donald J United States Economy United States Steel Corporation

U.S. Steel C.E.O. Says Nippon Deal Will Strengthen National Security

David Burritt expressed confidence that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.