The PCE report drops to 2.1%. Here’s what that means for interest rates.

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

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

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

Trump says “whether the women like it or not, I’m going to protect them”

Former President Donald Trump said Wednesday at a campaign rally that “whether the women like it or not,” he will “protect” them, noting that his advisers had instructed him not to use the line, which he said they deemed “inappropriate.” Speaking near Green Bay, Wisconsin, Trump tried to hammer the Biden-Harris administration on immigration, saying

How Harris and Trump’s stances on Medicare compare

The future of Medicare, America’s sweeping health insurance program for older adults, continues to come up on the campaign trail from both Vice President Kamala Harris and former President Donald Trump during this final stretch leading up to the 2024 presidential election. This year’s voting comes at a time when the 67.5 million Americans enrolled

Election 2024 live updates as Trump vs. Harris polls show tie just 5 days out

After interviewing Trump for around three hours last week on an episode of his podcast that has since raked in millions of views, Joe Rogan shared more details Wednesday about why Harris has not appeared on his show.  In the latest installment of “The Joe Rogan Experience,” the series’ host said Harris’ campaign initially reached