Ho-hum! The Federal Reserve’s policy-setting Open Market Committee met for its eighth and final time this year. It decided to lower its target for extremely short-term interest rates by a quarter of a percentage point, from 3.75% to 3.5%.…
The Federal Reserve announced a quarter-point rate cut this week, now at 3.5% to 3.75%. Borrowers hope to find respite in future lending rates. However, no significant change should be expected in long-term payments, as the Fed’s benchmark…
The man who murdered his ex-girlfriend by suffocating her with a sock and dumping her body in a DC dumpster will spend decades in prison after admitting to the crime, authorities announced.
Dollar ended last week broadly lower, outperforming only the even more beleaguered Yen. That said, the technical deterioration in Dollar is still measured rather than decisive. For now, Dollar’s selling momentum reflects hesitation more…
After the U.S. Federal Reserve trimmed the benchmark interest rate last week, attention now shifts to the Jan. 28, 2026, meeting, where current odds suggest the central bank is poised to leave the target rate exactly where it is. A Few…
Rep. Elise Stefanik is demanding the U.S. Department of Justice ramp up its probe into alleged Hochul administration bid-rigging on a $1 billion Medicaid homecare program contract -- after newly surfaced emails revealed state officials met…
Buckle up, kiddos. And keep your wallets and portfolios close. The Federal Reserve heads into 2026 swirling in a messy mix of economic pressures and political uncertainties. While the actual impact on interest rates remains to be seen,…