U.S. Senate Majority Leader John Thune (R-SD) speaks to members of the media alongside fellow Republicans during a press conference following Republicans weekly policy lunch on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Nathan Howard | Reuters As congressional Democrats push to tie extending Affordable Care Act insurance subsidies to the government funding…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering consumer spending and putting a floor under an economy that many expected to be…
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the jobs market. “We could actually have a pretty strong growth economy. Your AI story… [is] something really pretty spectacular. But the job growth side of it is not nearly as comfortable as you would like…
It’s a partnership designed to give retail investors more access to a rapidly expanding asset class: Private credit. Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday. “The role of private credit in the portfolio is something that has historically only been available to very high-net…
The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago. Source link
Zohran Mamdani grabbed the national spotlight midyear when he won New York City’s Democratic mayoral primary, defeating former Gov. Andrew Cuomo. As the city prepares for the mayoral election in November, voters are closely watching the promises Mamdani is making to win support. One of Mamdani’s key campaign promises is the creation of city-owned grocery stores….
House Minority Leader Hakeem Jeffries (D-NY) speaks during a press conference as the U.S. House of Representatives considers U.S. President Donald Trump’s sweeping tax-cut bill, on Capitol Hill in Washington, D.C., U.S., May 19, 2025. Nathan Howard | Reuters House Minority Leader Hakeem Jeffries said Thursday that Democrats will not be “intimidated” by the Trump…
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the…
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in Daytona Beach, Florida, US, on Tuesday, Sept. 23, 2025. The DAB2 fulfillment center is Amazon’s seventh robotics fulfillment center in Florida. Photographer: Miguel J. Rodriguez Carrillo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
U.S. President Donald Trump speaks as he meets with United Nations Secretary-General Antonio Guterres (not pictured) during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters It’s been a chaotic few days for the tech sector, and industry executives and experts are still assessing…
