Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
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UPDATED: Tesla’s Market Volatility: Explained in two charts
Tesla’s stock is a fascinating case study—one that not only reflects traditional market forces but also captures the increasingly powerful influence of the CEO’s political leanings on investor’s confidence.
List: U.S. Government Shutdowns Since 1976
Here’s a list of All U.S. Government Shutdowns and Their Duration Since 1976
U.S. Inflation Rises 2.9% in August: Food and Gas Prices Lead the Surge
The August inflation data overlaps with President Trump’s latest round of tariffs on major U.S. trading partners. But while the direct impact is up for debate, beef’s surge suggests tariffs may already be filtering into consumer prices.