Browsing: Economy
Federal Reserve Governor Michelle Bowman on Friday issued a statement explaining her decision to dissent from the central bank’s decision to cut interest rates by 50 basis points. The Federal…
Federal Reserve Chair Jerome Powell said Wednesday that immigration is helping push the unemployment rate higher as they enter the labor force and look for jobs. Powell was asked about…
Federal Reserve Chair Jerome Powell said Wednesday that the central bank considered reports that recent jobs numbers may be “artificially high” and are set for downward revisions when policymakers assessed…
The Federal Reserve on Wednesday cut interest rates for the first time since March 2020, as the central bank lowered the benchmark federal funds rate by 50 basis points amid…
Americans looking to buy a vehicle in the near future might feel hope that the Federal Reserve’s 50-basis-point federal funds rate cut on Wednesday might bring down the interest rate…
Boeing is beginning a series of furloughs in response to its largest labor union going on strike, according to a statement released to employees on Wednesday.The strike involves over 33,000…
The Federal Reserve on Wednesday announced a long-awaited interest rate cut, lowering the benchmark rate by 50 basis points from what was the highest level in 23 years as the…
Despite the overall pace of inflation easing year over year in the U.S., the price of housing and raising kids continues to soar – and child care costs now exceed…
The Federal Reserve on Tuesday begins a highly anticipated two-day meeting where policymakers are expected to cut interest rates for the first time in four years as stubborn inflation shows…
Four Alaska Airlines flight attendants were sent to the hospital after reporting feeling ill, causing a flight diversion. Alaska Airlines Flight 810 was headed from Lihue (Kauai), Hawaii, to Seattle…