The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate or its prediction for the year, even as persistent inflation pushes […]
Author: Will Kessler
In February, the percentage of Americans applying for credit in the past year reached its highest point since October 2022, as consumers seek financing to counteract persistent […]
Data from the Federal Reserve Bank of Philadelphia estimates that the U.S. economy added than two-thirds fewer jobs in the third quarter than the Bureau of […]
Major fabric and craft retailer Joann announced Monday that it was filing for bankruptcy as consumers pull back on spending due to harsh economic conditions. The retailer […]
President Joe Biden recently released his budget proposal for fiscal year 2025, which, if approved, could add even fuel to sky-high inflation, according to federal government […]
A judge in former President Donald Trump’s criminal trial in Manhattan, New York, ordered Friday that the trial be delayed for at least three weeks, according to […]
The National Association of Realtors (NAR), a trade association for the real estate industry, announced a massive settlement on Friday, which includes a rule change regarding how […]
Top jet manufacturer Boeing sent a memo to operators of the company’s 787 Dreamr jets Thursday night recommending that they inspect plane cockpit seats following a mid-flight […]
The Producer Price Index (PPI) rose than double expectations in February as inflation continues to run hot despite anticipation of an interest rate cut from the […]
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President Joe Biden is expected to announce his opposition to the foreign acquisition of the iconic American company U.S. Steel on Thursday as he los to win […]
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A group of financial officials from 16 states sent a letter to asset management giant State Street Global Advisors on Thursday urging the firm to offer investors […]
Discount variety store Dollar Tree, Inc. and its subsidiary Family Dollar announced Wednesday that they will close around 1,000 stores over the next several years after failing […]
