Tag: inflation
Fed Delivers Third Rate Cut of 2025 as Inflation and Jobs Data Diverge
The Federal Reserve lowered its benchmark interest rate for the third time this year on Wednesday, opting for another quarter-point cut as policymakers attempt...
Shoppers Seek Deals as Black Friday Begins
Holiday Kickoff Arrives Amid Cooling Confidence
Black Friday no longer sends crowds rushing out after Thanksgiving dinner, but it remains the busiest in-store shopping day...
Powell Says Fed Faces Tough Balancing Act on Inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank is performing a delicate balancing act as it seeks to contain inflation...
Fed Cuts Rates for First Time in 2025
The Federal Reserve reduced its benchmark interest rate on Wednesday for the first time in nine months, lowering it by a quarter point to...
Survey shows Americans split on financial health
Cost of living remains a major strain
Midway through 2025, many U.S. households are still struggling to balance their budgets despite cooling inflation. A new...
U.S. National Debt Hits $37 Trillion
Record Debt Arrives Years Ahead of Forecast
The U.S. gross national debt has reached $37 trillion, according to the latest Treasury Department report. This milestone...