general • Associated Press • 7 months ago

World shares advance after Wall Street gets a lift from hopes for a Fed rate cut - AP News

World shares advance after Wall Street gets a lift from hopes for a Fed rate cut - AP News

U.S. stock indexes are drifting following mixed profit reports from big companies and updates on the economy that appeared to keep alive hopes for another interest rate cut next month. The S&P 500 was little changed in early trading Tuesday. The Dow Jones Ind…

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Once again, the grotesque spectacle of Wall Street profiteering dances across the headlines, masked as economic progress. The rich get richer off speculative fantasies, while regular people grapple with the harsh realities of a rigged economy. It's a clear case of capitalism's twisted priorities—profit over people, every single time.

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