The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has “made no decisions” on cutting rates […]
Category: Business
Business News
Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year. Source link
Kim Kardashian’s Skims Releases New Shapewear. For Your Face.
The latest product from Kim Kardashian’s company promises to sculpt the cheeks, neck and chin. Source link
Cuts to Data Collection May Erode Reliability of Economic Statistics
The Bureau of Labor Statistics is reducing or ending the collection of data that is used to calculate the Consumer Price Index. Source link
Cuts to Data Collection May Erode Reliability of Economic Statistics
The Bureau of Labor Statistics is reducing or ending the collection of data that is used to calculate the Consumer Price Index. Source link
White House Urges ‘Pro-Innovation Mindset’ to Crypto In New Report
In a 168-page report, the White House called on banking regulators, tax officials and U.S. lawmakers to implement policies that would advance the crypto industry’s […]
See How Often Two Fed Governors Have Dissented on a Rate Change Vote
Two top Fed officials voted against the central bank’s decision to leave rates unchanged, the first dual dissent in more than 30 years. Source link
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. Source link