Federal Reserve Lowers Interest Rates for the Third Time in 2024
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
A new defense spending bill advancing through Capitol Hill brings significant financial relief to American service members, including a major pay raise for new military enlistees. The National Defense Authorization…
President-elect Donald Trump has announced that he will not seek to replace Federal Reserve Chair Jerome Powell, despite their past public disagreements. Speaking during a recent interview, Trump acknowledged his…
President-elect Donald Trump is doubling down on his plan to reintroduce heavy tariffs on America’s major trading partners, including Mexico, Canada, and China. In an exclusive interview with NBC’s Meet…
President-elect Donald Trump’s proposal to implement a 10-20% tariff on all imports has sparked significant concern among retailers and consumers alike. Industry experts warn that such tariffs could lead to…
Retail sales in the U.S. increased by 0.4% in October, indicating resilience in consumer spending as the holiday shopping season approaches. The Census Bureau reports estimated sales of nearly $719…
The Federal Reserve has announced another reduction in interest rates, lowering them by a quarter point in response to a cooling inflation trend and recent economic developments following Donald Trump’s…
Family farms across the United States are facing mounting financial pressures, with many on the brink of going broke. Rising inflation and soaring labor costs are the primary culprits, forcing…
Two Democratic lawmakers are accusing major corporations Coca-Cola, PepsiCo, and General Mills of engaging in “shrinkflation,” a practice where companies reduce product sizes while maintaining or raising prices. The accusation…
The sole vice presidential debate of the 2024 election season took place last night, bringing Ohio Senator JD Vance and Minnesota Governor Tim Walz to the stage for a tense…