POLITICS

Harris Becomes First Dem Presidential Candidate in Nearly 30 Years to Not Receive Teamsters Endorsement After Rank-and-File Members Back Trump

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Vice President Kamala Harris became the first Democratic presidential nominee not to receive the Teamsters endorsement in nearly 30 years, with the union declining to back a candidate after a strong majority of its rank-and-file members voted to endorse former president Donald Trump. The union made the announcement Wednesday, saying its “extensive member polling showed

Teamsters Union Makes No Endorsement for President

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A recent internal poll found more than half of Teamsters backing Trump over Harris. The International Brotherhood of Teamsters said on Sept. 18 that it will not endorse a presidential candidate, the first time it has declined to do so since 1966. Teamsters General President Sean O’Brien said in a statement, “Neither major candidate was

Fed Cuts Interest Rates by Half a Percentage Point, Signals More Cuts by End of Year

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WASHINGTON (Reuters)—The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. “The committee has gained greater confidence that inflation is