Slovakian consumers face having to pay more for their tobacco fix and sugary drinks following parliament's approval of new laws to increase the tax on the products. The new law will come into ...
The Detroit Lions run the hook-and-ladder going from quarterback Jared Goff to wide receiver Amon-Ra St. Brown to running back Jahmyr Gibbs for a 21-yard touchdown against the Arizona Cardinals.
Department won’t provide election security after sheriff’s posts about Harris yard signs Zachary Quinto steps into some giant-sized doctor's shoes in NBC's 'Brilliant Minds' Seahawks ...
Federal Reserve Chair Jerome Powell spotlighted the strength of the economy this week as he lowered interest rates from punishingly high levels, saying the U.S. is in “good shape” and growth ...
The Fed's surprise 0.50% rate cut was driven by rising unemployment and cooling inflation, aligning with its dual mandate of maximum employment and stable prices. The larger-than-expected cut ...
While the decision was welcomed, it also raised questions about future rate actions. Fed Chair Jerome Powell advised the markets not to take this 50bps cut as a “new pace.” He stressed that ...
The Fed delivered a jumbo-sized rate cut this week. The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal ...
With the 50 point cut, the Fed lowered the target range for the federal funds rate to 4.75% to 5% – down from 5.25% to 5.5%. "Our economy is strong overall and has made significant progress ...
Fed Chair Jerome Powell entered a new phase in his campaign to softly land the U.S. economy, lowering interest rates Wednesday with an audacious half-point cut. The move raised new questions the ...
The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...
Biden, who has publicly touted the Fed’s policy independence, will speak at the Economic Club of Washington, DC, on Thursday and likely tout an economy that’s come full circle in four years.
Michelle Bowman, a governor on the Federal Reserve Board, became the first Fed official since 2005 to vote against the central bank’s interest rate decision when she dissented Wednesday against ...