The U.S. stock market is rallying toward records after data suggested inflation across the country was a touch better last month than economists expected. The S&P 500 rose 0.8% Tuesday and was on track to top its all-time high set two weeks ago. The Dow Jones Industrial Average added 466 points, while the Nasdaq composite climbed 0.9% and was also heading toward a record. Stocks got a lift from hopes that the better-than-expected inflation report will give the Federal Reserve leeway to cut interest rates at its next meeting in September. Lower rates can give the economy and investment prices a boost.
Michele Tafoya calls Jennifer Welch "unhinged" for calling For Trump Supporters to be Banned From Mexican, Chinese and Indian Restaurants and backs it up
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President Donald Trump took unprecedented steps toward federalizing Washington, D.C., saying it’s needed to fight crime even as city leaders pointed to data showing violence is down. He took command of the police department and deployed the National Guard under laws and Constitutional powers that give the federal government more sway over the nation’s capital than other cities. Its historically majority Black population wasn’t electing its own city council and mayor until 1973, when Republican President Richard Nixon signed the Home Rule Act.
Congressman Scott Perry talks D.C. crime (staffer held at gunpoint, hit & run victim); questioning the Clintons; Trump should release the Epstein Files
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Bloomberg Radio is the world's only global 24-hour business radio station. >>Bloomberg Radio is the world's only global 24-hour business radio station. Powered by more than 2700 journalists and analysts in more than 120 countries, Bloomberg Radio's resources are unparalleled. Because the financial markets never sleep, . . . <<
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