Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions n
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year Source link
US cuts interest rates despite inflation risk
The US central bank has cut interest rates for a third time, despite concerns that the move will deliver a boost to the economy that risks re-igniting price inflation. The decision was expected,
Fed lowers interest rates again but dials back plans for more cuts in the future
WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future. The rate reduction, the third in a row, had been
The Federal Reserve lowers interest rates again — but hints at fewer cuts next
Federal Reserve chairman Jerome Powell and his colleagues lowered their benchmark interest rate Wednesday by a quarter percentage point. That will make it cheaper to get a car loan, finance a business or
Federal Reserve cuts interest rates by 0.25 percentage points, its third reduction th
The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. The central bank has now trimmed rates by
American homeowners are wasting more space than ever before
Tim Kitchen | The Image Bank | Getty Images There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. In fact,
Supreme court agrees to hear TikTok challenge to law ending its US operations
The US supreme court said on Wednesday that it would hear TikTok’s challenge to a law that could make the company’s popular video app disappear from the US. In its order on Wednesday,
Thames Water to get green light to hike bills by more than a third by 2030
Troubled Thames Water will be allowed to increase customer bills by just over a third by 2030 after a decision by the industry regulator, the Guardian has learned. Ofwat is poised to announce
Why Americans are outraged over health insurance — and what could change
A person holds a sign while standing on the roadside near the McDonald’s restaurant where a suspect in the killing of the CEO of UnitedHealthcare, Brian Thompson, identified as Luigi Mangione, 26, was
A Vermont military contractor will pay a $426K settlement for using foreign parts in
BURLINGTON, Vt. — A Vermont military contractor will pay nearly half a million dollars to settle allegations that it used some foreign-sourced materials in certain protective eyewear it sold when it was required