Getty Images; Jenny Chang-Rodriguez/BIThe Federal Reserve is expected to cut interest rates by 25 basis points on Thursday. It follows a 50-basis-point rate cut in September — the first cut in four years. The Fed forecasts another quarter-point rate cut in December, but it depends on upcoming data. The election isn't the only important event facing Americans this week.
Getty Images; Jenny Chang-Rodriguez/BIFor many Americans, the most important focus heading into a presidential election is how the winner will impact their wallet. Whatever your financial priorities, Business Insider has you covered with a five-part series on the impacts a Trump or a Harris presidency could have on US consumers.
Markets are cautiously awaiting results from the US presidential election. Chris duMond; Chip Somodevilla/Getty Images; Alyssa Powell/BIMarkets are bracing for the US presidential election amid a tight race between Vice President Harris and former President Donald Trump. The US dollar is in firm focus as traders tread cautiously ahead of the polls.
Quincy Jones died in his home in Bel Air. Greg Doherty/Getty Images for Entertainment StudiosQuincy Jones, 91, died in his home in Bel Air on Sunday night. Jones is best known for producing Michael Jackson's early albums and has won 28 Grammy Awards. The cause of his death has not been confirmed.
Russian leader Vladimir Putin said his country could focus on both "guns and butter," but sanctions have helped fuel surging prices for the dairy product. Contributor/Getty ImagesPutin has been pledging that his country can focus on both "guns and butter" as it fights in Ukraine. Yet it's precisely butter that's been a headache for Russia, with a 25.7% price increase this year.