Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
New FDA rules for TV drug ads: Simpler language and no distractions
Those ever-present TV drug ads showing patients hiking, biking, or enjoying a day at the beach could soon have a different ...
UVM Health Network to cut $122 million in jobs and patient services: Here's a breakdown
UVM Medical Center and Central Vermont Medical Center are cutting $122 million from their budgets. Here's what jobs and ...
Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations.
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...
Proposed 2025 budget calls for lowest Naperville property tax rate in 56 years
The average taxpayer in Naperville could see a $31 decrease in the city portion of their 2025 tax bills as the city eyes ...
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Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
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Number of Americans filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to the lowest level in six months last week as layoffs remain ...
Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...