Todays vangard news
Here are some of the top news stories from today's Vanguard:
Market News
- Stocks rise as investors await Fed decision: The S&P 500 and Dow Jones Industrial Average both rose about 0.5% as investors awaited the Federal Reserve's decision on interest rates. (Source: Vanguard)
- Bond yields fall ahead of Fed decision: The yield on the 10-year Treasury note fell to 1.73% as investors bet that the Fed will cut interest rates. (Source: Vanguard)
- Oil prices rise as OPEC cuts output: The price of oil rose 1.5% to $62.50 per barrel after OPEC announced a cut in production. (Source: Vanguard)
Economy
- US economy grows at 2.1% annual rate in Q2: The US economy grew at a 2.1% annual rate in the second quarter, slightly below expectations. (Source: Vanguard)
- Jobless claims fall to 209,000: The number of Americans filing for unemployment benefits fell to 209,000, the lowest level in 49 years. (Source: Vanguard)
- Consumer spending rises 0.3% in July: Consumer spending rose 0.3% in July, driven by a 0.4% increase in purchases of durable goods. (Source: Vanguard)
Politics
- Trump and Congress reach deal on trade: The US and China reached a deal on trade, with the US agreeing to reduce tariffs on Chinese goods. (Source: Vanguard)
- House passes bill to raise minimum wage: The House of Representatives passed a bill to raise the minimum wage to $15 per hour. (Source: Vanguard)
- Senate confirms new Fed chair: The Senate confirmed Jerome Powell as the new chair of the Federal Reserve. (Source: Vanguard)
Business
- Amazon to acquire Eero: Amazon announced that it will acquire Eero, a company that makes Wi-Fi routers. (Source: Vanguard)
- Facebook to launch cryptocurrency: Facebook announced that it will launch a new cryptocurrency called Libra. (Source: Vanguard)
- Apple to launch new iPhone: Apple announced that it will launch a new iPhone with a triple-camera setup. (Source: Vanguard)
Technology
- Google to launch new Pixel phone: Google announced that it will launch a new Pixel phone with a triple-camera setup. (Source: Vanguard)
- Microsoft to launch new Surface laptop: Microsoft announced that it will launch a new Surface laptop with a 15-inch screen. (Source: Vanguard)
- Tesla to launch new electric car: Tesla announced that it will launch a new electric car with a range of over 300 miles. (Source: Vanguard)
Please note that these are just some of the top news stories from today's Vanguard, and there may be other important news stories that are not included here.