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Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
4+ day, 12+ hour ago (1085+ words) Home News Highlights Elections Trump is facing a new inflation warning from the bond market, adding to his midterm challenges The energy price spike triggered by the Iran war has seeped into the'price of bonds'that help fund the U. S. government. Interest…...
In an uncertain environment for corporate giving, Liberty Mutual Foundation launches $600 M endowment
1+ mon, 3+ week ago (262+ words) Home News Highlights Spotlights In an uncertain environment for corporate giving, Liberty Mutual Foundation launches $600 M endowment Nonprofits received a reassuring answer this week, however, from the century-old, Boston-based Liberty Mutual Insurance. The major insurer's nonprofit Liberty Mutual Foundation announced…...
How a shrunken piece of bread explains Bolivia's economic catastrophe ahead of elections
9+ mon, 3+ week ago (971+ words) Home News Highlights Spotlights How a shrunken piece of bread explains Bolivia's economic catastrophe ahead of elections Juan de Dios Castillo, covered in flour and sweat, pulled a crisp roll from the cooling rack and weighed it on an old…...
Workers turn to 'polyworking' to combat frozen salaries and inflation
6+ mon, 3+ week ago (1054+ words) Home News Highlights Spotlights Workers turn to "polyworking" to combat frozen salaries and inflation As workers face'frozen salaries, inflation and'fear of layoffs, some have decided to branch out from their traditional careers. They"re taking on side jobs to bring…...
Inflation or jobs: Federal Reserve officials are divided over competing concerns
9+ mon, 3+ week ago (782+ words) Home News Highlights Spotlights Inflation or jobs: Federal Reserve officials are divided over competing concerns Weak job gains since April have pushed some officials toward supporting a cut in the Fed's key rate as soon as next month, but speeches…...
The FED is balancing unemployment and inflation pressures
7+ mon, 3+ week ago (113+ words) Home Intelligence Economic impacts in monetary policy The FED is balancing unemployment and inflation pressures The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4. 3%, as was expected. Fed's Powell sticks with patient…...
Federal Reserve cuts key rate for first time this year
10+ mon, 1+ week ago (717+ words) Home News Highlights Spotlights Federal Reserve cuts key rate for first time this year The move is the Fed's first cut since December and lowered its short-term rate to about 4. 1%, down from 4. 3%. Fed officials, led by Chair Jerome Powell, had…...
Fed's Powell sticks with patient approach to rate cuts, brushing off Trump's demands
10+ mon, 1+ week ago (666+ words) Home News Highlights Spotlights Fed's Powell sticks with patient approach to rate cuts, brushing off Trump's demands "We've learned that the process will probably be slower than expected," Powell said. "We think we have a long way to go to…...
US employers slash hiring as Trump advances a punishing trade agenda
10+ mon, 6+ day ago (1257+ words) Home News Highlights Spotlights US employers slash hiring as Trump advances a punishing trade agenda U. S. employers added just 73, 000 jobs last month, the Labor Department reported Friday, well short of the 115, 000 expected. Worse, revisions shaved a stunning 258, 000 jobs off May and…...
Trump's new tariffs go into effect as US economy shows signs of strain
9+ mon, 4+ week ago (920+ words) Home News Highlights Spotlights Trump's new tariffs go into effect as US economy shows signs of strain Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of 10% or higher. Products from the…...