Speaker Mike Johnson has a decision to make. With the election looming and another government funding deadline just around the corner, the speaker must find a way in the next several days to both govern for the country, avoid a shutdown that could cost his members in swing districts and keep the…

The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by 0.2% on a seasonally adjusted basis in August after rising the same level in July—over the last 12 months, the all items index increased 2.5% before seasonal adjustment. You won’t just feel the impact of…

The share price of Trump Media plunged more than 17% on Wednesday morning, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala Harris.The company’s stock price at the opening bell was at its lowest intraday level since the Truth Social app…

Donald Trump on Wednesday morning blasted ABC News moderators for hosting what the Republican presidential nominee called a “rigged” debate against Kamala Harris, and said government regulators “ought to take away” the “terrible” network’s “license for the way they did that.”But Trump also said, “We did great” in the Tuesday…

The morning after Vice President Kamala Harris and former President Donald Trump’s first debate, it is far from clear if Trump will agree to a rematch. Multiple TV networks are eager to host a presidential debate in October. The Harris campaign, exuding confidence after Harris baited Trump on stage Tuesday night, immediately said…

Disinverting Yield Curve: The Calm Before the Storm? In anticipation of the likely interest rate cuts next week, investors are adrift in a sea of uncertainty as markets have slipped on the back of ambiguous economic data. The August jobs report released last Friday showed a decrease in the overall…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Commerzbank is open to talks about a potential tie-up with UniCredit, according to people familiar with the discussions, after the Italian bank built a 9 per cent stake in its German rival…

Registered voters who watched Tuesday’s presidential debate broadly agree that Kamala Harris outperformed Donald Trump, according to a CNN poll of debate watchers conducted by SSRS. The vice president also outpaced both debate watchers’ expectations for her and Joe Biden’s onstage performance against the former president earlier this year, the…

The bigger your retirement account withdrawals, the higher your tax bracket will be in retirement. The good news is that you may owe fewer taxes in retirement than when you were in the workforce. There are no Social Security payroll deductions from your retirement account withdrawals. Everyone should have a…

Mortgage rates dipped a bit this week, still holding steady around the mid-6% range while demand remains weak in the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.46% this week from 6.49% last…