A key inflation measure drops to 2.1%. Here’s the interest rate impact.

The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, dropped to 2.1% last month on an annual basis, close to the central bank’s goal of a 2% annual rate. That could cement more rate cuts ahead in 2024, according to Wall Street economists. September’s PCE was in line with the median

With 5 Days to Go, More Americans Have Voted Early In-Person Than by Mail

More than 32 million have voted in-person, compared to 28 million returned mail-in ballots, figures show. With just five to days before the Nov. 5 General Election, more than 60 million Americans have cast an early ballot so far, figures released Thursday reveal. Data released by the University of Florida Election Lab show that more

Hong Kong Offices Influencing US Politics at State and Local Levels, Report Says

The report alleges that the Hong Kong government is pushing a pro-CCP narrative using a network of government agencies and associations. A network of Hong Kong government organizations in the United States is pushing Beijing’s agenda at state and local levels, according to a new report. The report, published on Oct. 29 by Washington-based pro-democracy

Elon Musk doesn’t show at Philadelphia court hearing over $1M voter lottery

Despite a judge’s order that “all parties must be present,” Tesla founder, X owner and billionaire Elon Musk did not appear in a Philadelphia courtroom Thursday after District Attorney Larry Krasner sued him over his super PAC’s plan to award $1 million a day to voters in key battleground states in the 2024 election. Krasner and members