City Atlanta Financial News

Atlanta Federal Reserve Bank President Raphael Bostic laid out a case on Thursday against any further U.S. interest rate hikes, saying monetary policy is already tight enough to bring inflation back down to 2% over a «reasonable» period. «I feel policy is appropriately restrictive,» Bostic said in remarks prepared for delivery to the South African Reserve Bank Biennial Conference in Cape Town, South Africa.

Residential customers of Georgia’s largest electrical utility could see their bills rise by $9 a month to pay for a new nuclear power plant

Uzbekistan and Oman in the US next month. The USMNT will take on the White Wolves of Uzbekistan on September 9 in St. Louis and Oman’s Gulf Samba three days later in Minnesota. They will meet Ghana and Germany in October.

Atlanta. Using selectively edited video footage, Giuliani spread a theory that the two women removed ballots from suitcases underneath tables. Then-President Donald Trump also pushed the false claims about Moss and Freeman.

Airport has been shut as Hurricane Idalia grows into strength to become a severe storm. More than 500 flights in and out of Florida airports have been cancelled, according to data from FlightAware.

Blue Ivy dazzles audiences with her dance prowess on her mother's Renaissance World Tour, singer Kelly Rowland joins the ranks of fans expressing admiration for the 11-year-old Grammy winner's remarkable talent.

The Norfolk Southern railroad is recovering from a “hardware-related technology outage” that impacted its rail systems Monday, but there may be lingering effects for at least a couple of weeks

By Jack Queen

Donald Trump raised $7.1 million since his arrest in Georgia on Thursday as his election campaign sought to capitalize on the mug shot taken at a Fulton County jail, according to a report published by Bloomberg News. A person familiar with the matter informed that Trump brought in $4.18 million just on Friday, the highest single-day haul of his 2024 presidential campaign effort, the report said. In the last three weeks, Trump's campaign has taken nearly $20 million.

The Washington Post reported. Notably, Trump has throughout tried his best to appear “unfazed and unbowed" by having been indicted four times since March, as per the New York Times. “It is not a comfortable feeling — especially when you have done nothing wrong," he told Fox News’s website in an interview.

China issue. The massive scale of China's problems will necessitate a fiscal impulse, as the monetary path has limitations,” says market expert Ajay Bagga. Edited excerpts:ET Now: This week is crucial with the Jackson Hole meeting and Fed Chair's comments. What key takeaways are you looking for, and which subjects have caught your attention? Ajay Bagga: Last time, the Fed Chair's speech was very hawkish, using the term «economic pain» repeatedly.

Former President Donald Trump has returned to X, the social media site formerly known as Twitter

By Jamie McGeever

(Reuters) — Federal Reserve Chair Jerome Powell on Friday said the central bank may need to lift interest rates further to finish the job of lowering inflation on a sustained basis.

General Motors says it will close a large computer center near Phoenix at the end of October, eliminating 940 jobs

Donald Trump has finally returned to social networking website X (formerly Twitter), more than two years after he was banned in January 2021. Trump posted his first tweet on X with his mugshot late on Thursday, saying, «Election interference, never surrender».Elon Musk, CEO of Tesla and the owner of X, reacted to Trump with a quote post saying, «Next-level». Numerous followers of Trump also warmly welcomed him back to X. After his suspension from platforms like Twitter and Facebook, Trump launched his own social media platform, Truth Social. On November 18, 2022, Musk conducted a Twitter poll asking users whether he should reinstate Trump. With approximately 15 million responses, 51.8 percent voted in favour of reinstatement, while 48.2 percent opposed the idea. In response to the question of his return, Trump indicated that he had reservations due to the existing «problems on Twitter.» Twitter permanently banned President Trump on January 8, 2021, in the wake of a pro-Trump mob storming the US Capitol, which resulted in five deaths.

Elon Musk has reacted to former US President Donald J. Trump's comeback post on the platform.

Former US President Donald Trump has returned to the social media platform X (formerly Twitter) and posted an update for the first time since his account was suspended in early 2021. In a post on X, Trump shared a mugshot of himself from his booking at the Fulton County Jail in Georgia.

Elon Musk lifted Trump’s ban after he bought the company. However, till now, Trump stayed away from Twitter The message signals the return of Trump to what had been his favorite bullhorn and his first post since several days after the insurrection at the US Capitol by an enraged mob of his supporters attempting to block Joe Biden's certification as president.

Donald Trump's arrest: Former US President surrenders in Georgia elections case Fulton County District Attorney Fani Willis indicted Trump and 18 alleged co-conspirators on 14 August, alleging they violated Georgia’s racketeering law by joining a criminal enterprise to keep Trump in office after he lost the election. For the fist time, Trump’s mug shot was made public after he surrendered to the Atlanta jail.

Donald Trump posed for an unprecedented mugshot while surrendering at an Atlanta jail Thursday evening on charges of trying to overturn his 2020 election defeat in Georgia — a sobering image that underlined the stark legal threat against him that could nevertheless boost his political momentum.