Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December...
Fed Chair Powell faces delicate balancing act in Jackson Hole speech
When Federal Reserve Chairman Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will...
Trump’s BLS nominee Antoni suggests suspending monthly jobs report
President Trump's nominee to lead the Bureau of Labor Statistics is suggesting that the agency suspend its monthly jobs report, an...
Is the Fed likely to finally cut interest rates at this week’s meeting?
During a meeting last week between President Trump and Federal Reserve Chair Jerome Powell, the president sought to underscore what he...
U.S.-EU trade deal still up in the air as Trump jets off to Scotland
President Trump said on Friday there is a "50/50 chance, maybe less than that" of his administration striking a trade...
Social Security backs away from plan to eliminate paper checks
The Social Security Administration said it will continue issuing paper checks to the retirement program's beneficiaries, backing away from a...
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