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Many argue the Federal Reserve missed the boat after failing to cut rates to ease financial conditions two days before latest jobs report triggered a recession indicator on Friday, Aug. 2. The Federal Open Market Committee is not scheduled to meet again until Sept. 17-18. Now, experts are making the case for deeper rate cuts…
Multiple service members are injured after a U.S. air base in Iraq was hit in a suspected rocket attack Monday. And Vice President Kamala Harris is expected to announce her VP pick before holding a rally in Philly. These stories and more highlight The Morning Rundown for Tuesday, Aug. 6, 2024. U.S. service members injured…
It was an emotional reunion as Americans Evan Gershkovich and Paul Whelan returned home after the largest prisoner exchange between Russia and the U.S. since the Cold War. And former President Donald Trump’s running mate, Sen. JD Vance, R-Ohio, visits the U.S.-Mexico border in Arizona. These stories and more highlight The Morning Rundown for Friday, August 2, 2024. Gershkovich, Whelan return…
The last time American voters went to the polls, Bitcoin was trading at around $18,000 and three days later, FTX filed for bankruptcy. This year’s election couldn’t be more opposite. Bitcoin is back up to roughly $64,000 and presidential hopefuls are honored guests at this year’s Bitcoin Conference. In 2024, cryptocurrency is a campaign issue and…
A new study published on Friday, July 19, revealed that a universal flu vaccine could be coming in the next five years. Scientists in the United States said that experiments with the new vaccine technology have shown promising results. Scientists said that the influenza virus is always mutating, which creates the need for a different…
President Joe Biden is under increasing pressure from Democrats to step aside and create room for a new Democratic presidential nominee. NBC News reported that the Biden family and those closest to him are in discussions about his exit plan for the 2024 presidential race. According to the report, Biden’s allies said they believe the…
In the first commercial mission to the Titanic wreckage site since last year’s OceanGate implosion killed five people, a group of scientists, historians and imaging experts set sail from Rhode Island on Friday, July 12. The team with the U.S. company RMS Titanic Inc. hopes to gather the most detailed photographic record ever made of…
President Joe Biden prepares for his first TV interview following the June 27 debate. And history was made at Coney Island on July 4 with this year’s hot dog eating champions! These stories and more highlight The Morning Rundown for Friday, July 5, 2024. Biden to sit down for first TV interview since debate amid…
In a forecast that has reignited some economic concerns, Peter Berezin, the chief global strategist at BCA Research, anticipates a 30% decline in the S&P 500. Berezin warned of a looming recession possibly as soon as late 2024 or early 2025. Berezin attributes his prediction to a projected slowdown in the labor market that he…
The first presidential debate is in the books. We have a full recap, as well as what the reaction has been like. These stories and more highlight The Morning Rundown for Friday, June 28, 2024. Biden, Trump tout their records in first presidential debate Thursday night, June 27, saw the first time a current U.S. President debated…
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