Teamsters will not endorse any US presidential candidate in 2024
WASHINGTON (Reuters) – The Teamsters union’s executive board said Wednesday the union will not endorse any presidential candidate despite polling…
Day: September 18, 2024
US rate futures imply more easing this year after Fed’s 50-basis-point cut
NEW YORK (Reuters) -Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced…
US single-family homebuilding surges, rising supply a near-term constraint
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits…
Fed might have cut rates at July meeting, Powell says
By David Lawder and Ann Saphir WASHINGTON (Reuters) – The U.S. central bank might have begun cutting interest rates in…