What's moving markets today: Live updates

  • 📰 CNN
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 25%
  • Publisher: 95%

Today's top business headlines: - China waives tariffs on some US goods - 6 in 10 Americans expect higher prices because of trade war - US income growth stalled in 2018 - Apple unveils new iPhone 11

United States Headlines News

United States Latest News, United States Headlines

From CNN Business' Anneken Tappe

The Federal Reserve should cut US interest rates to"zero, or less," said President Donald Trump in a tweet this morning. Lower rates would give the country the chance to refinance its debt pile at lower rates, Trump said. What Trump is proposing would be extreme: The Fed didn't even take rates into negative territory in the aftermath of the 2008 financial crisis.

The United States has some $70 trillion of total public and private sector debt. And a debt pile like that comes with a hefty interest bill. According to research from the Institute of International Finance, a 1% rate cut by the Fed couldTrump has long called on the Fed and Chairman Jerome Powell to lower rates to boost the economy, citing low rates in other countries as proof that America is lagging behind.

But the US economy remains stronger than those of its peers. It does not need interest rates as low as Trump might like them. Even though the pace of growth in America is expected to taper some into the end of the year, it continues to outpace European countries.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What? 😂

Free advertising for Apple or did they pay CNN for this mention?

Did you know that 6-10 cnn polls show the number 6-10... mmmm🤔

It always amazes me that apple gets so much free coverage of its new products. Every time. Where no others do. It’s odd.

My personal highlight: BORIS LIED TO THE QUEEN. 🇬🇧👑 🙈

Liberal media is so desperate for hatred. Trying to talk people into a recession and hoping for a recession is very un American. How embarrassing to be CNN

Oh thou, I miss the times when we actually cared about new iPhone 🤷‍♀️

Why are iPhone prices lower? Are those 6 in 10 Americans wrong? Why?

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Maren Morris, Kelsea Ballerini, Adam Lambert & More to Perform at 2019 Live In The Vineyard: ExclusiveMarenMorris AvrilLavigne KelseaBallerini .adamlambert with Velvet is SUPERPOWER 😍💚 MarenMorris AvrilLavigne KelseaBallerini My Queen Avril 🔥🔥🎵🎵 can’t Wait !! MarenMorris AvrilLavigne KelseaBallerini
Source: billboard - 🏆 112. / 63 Read more »

Browns Fan Has Seizure On Live TV and Falls Off Van, HospitalizedA Browns fan was hospitalized after falling off the roof of a van while tailgating before the game on Sunday Oh my god That Browns fan wasn’t the only thing falling Sunday. The wheels also fell off the Browns bandwagon from all the fans & commentators that were putting Cleveland in the SuperBowl conversation. ClevelandAgainstTheWorld ClevelandBrowns MondayNightFootball NFL
Source: TMZ - 🏆 379. / 59 Read more »

Rescue underway for crew of capsized boat: Live updatesThe US Coast Guard is working to rescue four South Korean crew members aboard a cargo ship that capsized off the Georgia coast. Follow here for the latest. Save_Israa
Source: CNN - 🏆 4. / 95 Read more »

Madonna Merch Bootleggers Targeted by Live NationBootleggers trying to sell rip-off materials at the 'Material Girl' concerts better think twice. I DGAF Free publicity can be expensive.
Source: TMZ - 🏆 379. / 59 Read more »

Rescue underway for crew of capsized ship: Live updatesThe US Coast Guard is working to rescue four South Korean crew members aboard a cargo ship that capsized off the Georgia coast. Follow here for the latest. Praise the Lord.
Source: CNN - 🏆 4. / 95 Read more »

Wider Image: Israel's settlers and the Palestinians they live amongHis people's link to the land goes back to biblical times, says the comics ... *Israel's colonizers So let's get this straight, one says his Dad owns it and had it taken off him by force and the other one says an fairytale book says his ancestors owned it , around the time of people splitting the sea, turning water in wine and feeding 1000's of people with a loaf of bread 😳🙄
Source: Reuters - 🏆 2. / 97 Read more »