While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.
Read More Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For CutsTag: ECONOMY
US National Debt Reaches A Monumental $35T Dollars
The United States national debt has now reached an outrageous $35 trillion dollars, according to the House Budget Committee.
Read More US National Debt Reaches A Monumental $35T DollarsFed likely to hold rates steady one last time as inflation fight finale unfolds
The Federal Reserve is expected to open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank’s 2% target.
Read More Fed likely to hold rates steady one last time as inflation fight finale unfoldsSouthwest Airlines Getting Rid Of Open Seating Policy
Southwest Airlines is officially getting rid of open seating for the first time in the airline’s history.
Read More Southwest Airlines Getting Rid Of Open Seating PolicyWall Street mixed as investors weigh GDP data after tech mauling
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Read More Wall Street mixed as investors weigh GDP data after tech maulingUnemployment Claims Increase To Highest Level Since September 2023
A new report has revealed that the number of jobless claims has reached the highest in 10 months.
Read More Unemployment Claims Increase To Highest Level Since September 2023