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Dec 13 2023
News
Fed leaves interest rates unchanged again and signals three cuts coming next year
The Federal Reserve on Wednesday held interest rates steady for the third straight time, signaling that its nearly two-year battle against high inflation may finally be coming to an end as policymakers forecast a series of cuts in 2024.
The widely expected decision left interest rates unchanged at a range of 5.25% to 5.5%, the highest level in 22 years. But policymakers also opened the
Fox BusinessApr 18 2024
News
County trash rates could increase with new provider
Residents of unincorporated Buncombe County appear destined to have a higher bill for trash collection service next year, but could save money over the course of the seven-year contract compared to a proposal from current provider WastePro. If the Buncombe County Board of Commissioners approves a contract next month with global waste management company FCC Environmental Services, whose U.S.
Mountain XpressJun 15 2023
News
Fed must cut interest rates by 2024, warns economist
While the Federal Reserve has hit pause on its interest rate hikes, the central bank foresees raising its key rate at least two more times before the end of the year—something that economists think should be avoided to help release pressure on the commercial real estate market and the banking sector. After rising interest rates 10 consecutive times since March 2022—even as a banking crisis was
NewsweekApr 24 2024
News
Utah’s rate of childhood poverty has improved — except in these school districts
This story is part of The Salt Lake Tribune’s ongoing commitment to identify solutions to Utah’s biggest challenges through the work of the Innovation Lab. [Subscribe to our newsletter here.] Childhood poverty rates improved overall in Utah between 2021 and 2022, based on the most recent U.S. Census Bureau estimates. But in a handful of Utah’s school districts, the number of kids living in
The Salt Lake TribuneApr 17 2024
News
BOJ's Noguchi says its short-term policy rate adjustment likely to be slow
TOKYO, April 18 (Reuters) - Bank of Japan board member Asahi Noguchi said on Thursday that the pace of adjustment in short-term policy rate of the central bank will be slow and made at a pace that cannot be compared to that of other major central banks.
A former academic, Noguchi was among two dissenters in the BOJ's nine-member board in the bank's decision last month to end eight years
ReutersApr 24 2024
News
ECB's June rate cut not necessarily followed by others, Nagel says
FRANKFURT, April 24 (Reuters) - Euro zone inflation could still prove stubborn so a European Central Bank rate cut in June will not necessarily be followed by further policy easing, Bundesbank President Joachim Nagel said on Wednesday. The ECB has essentially promised a rate cut at its next policy meeting on June 6 but policymakers are still debating the rate path beyond that and signals from
ReutersApr 23 2024
News
France Faces Credit Ratings Test as Debt Pile Continues to Mount
A trio of upcoming rating assessments is set to test France’s bond markets by turning the spotlight on the country’s worsening debt picture.
A blow could arrive as soon as Friday, when Moody’s Ratings and Fitch Ratings review the nation’s credit score. The market sees a high chance the agencies will lower the outlook to negative. An actual downgrade could come next month, with S&P
BloombergApr 14 2024
News
After assault proves fatal in Chanhassen, person of interest found dead in Minneapolis
MINNEAPOLIS — A person of interest in a violent death in Chanhassen has been found dead in Minneapolis, authorities said. The victim, a 33-year-old St. Paul man, was found lying on a garage floor on the 8100 block of Audubon Road in Chanhassen on Friday, according to the Carver County Sheriff's Office. "The evidence suggests a violent assault occurred," the sheriff's office said. The man died
CBS News (Online)Apr 20 2024
News
Humans and elephants are struggling to coexist. Both are dying at alarming rates
Elephants gather at the Elephant Transit Home inside Sri Lanka’s Udawalawe National Park. Here, elephants receive medical attention, often from attacks and traps set by humans, before being released back into the wild. Elephants gather at the Elephant Transit Home inside Sri Lanka’s Udawalawe National Park. Here, elephants receive medical attention, often from attacks and traps set by humans,
CNN (Online News)Apr 10 2024
News
‘Just for Us’ Comedian Alex Edelman Isn’t Interested in Playing the Victim
As Alex Edelman will tell you in his new HBO comedy special, Just for Us, he grew up in “a really racist part of Boston called…Boston.” It’s a place he has great affection for, to be clear. “Boston is probably the most progressive place in the United States, and also extremely regressive,” he says on this week’s Little Gold Men. “It’s extremely money and working class. It’s extremely Jewish
Vanity Fair