News > Economy

Confident Fed boosts benchmark rate for third time this year

1 month ago   |   By

Higher loan rates for consumers and businesses and slightly better returns for savers could be in the future.
Read more ...

 

Fed hikes interest rates for third time this year

Fed hikes interest rates for third time this year

1 month ago   |   By

The Federal Reserve announced it will raise interest rates for the third time this year.
Read more ...

 

Fed raises rates a quarter point, hikes growth outlook for economy

1 month ago   |   By

The Federal Reserve had been expected to raise its benchmark interest rate a quarter point to a target range of 1.25 percent to 1.5 percent.
Read more ...

 

Fed raises interest rates, keeps policy outlook unchanged for 2018

1 month ago   |   By

WASHINGTON - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.
Read more ...

 

Federal Reserve raises interest rates as U.S. economy powers ahead

1 month ago   |   By


Read more ...

 

Fed boosts benchmark rate for third time this year

1 month ago   |   By

WASHINGTON - The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed is lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 percent to 1.5 percent. It is also continuing to slowly shrink its bond portfolio. Together, the two steps could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers.
Read more ...

 

Fed Raises Interest Rates Again As Economy Rolls On

Fed Raises Interest Rates Again As Economy Rolls On

1 month ago   |   By

Policymakers increased a key rate for the third time this year. The quarter-point move indicates the Fed is confident in the economy as it continues to recover from the financial crisis.
Read more ...

 

Fed Raises Rates For Third Time In 2017 As U.S. Economy Chugs Along

1 month ago   |   By

At the conclusion of the Federal Open Market Committee's two-day meeting, policymakers hiked the benchmark interest rate to 1.25% to 1.5%.
Read more ...

 


Search by Tags

   Economy      U.S.      BusinessNews      Business & Markets      Market  


Trump steps to forefront of anti-abortion movement

Trump steps to forefront of anti-abortion movement

Trump is expected to speak by video Friday to thousands of anti-abortion activists participating in the March for Life. Read more ...

Shutdown looms larger in Senate after House vote

Shutdown looms larger in Senate after House vote

The Senate adjourned Thursday with no sign that Senate Majority Leader Mitch McConnell had or would have the votes to keep the government funded past a Friday midnight deadline... Read more ...

$1.2 million worth of rare wine stolen from Goldman exec

$1.2 million worth of rare wine stolen from Goldman exec

A former personal assistant to Goldman Sachs president David Solomon has been charged with stealing $1.2 million worth of rare wine from his boss. Read more ...

Sushi lover pulled a 5-foot tapeworm from intestine, California doctor says

Sushi lover pulled a 5-foot tapeworm from intestine, California doctor says

It stretched a whopping 5 feet, 6 inches - "my height," noted the doctor. Read more ...

Supreme Court blocks redraw of NC congressional map

Supreme Court blocks redraw of NC congressional map

U.S. Supreme Court Chief Justice John Roberts on Thursday stayed the decision of a lower court ordering North Carolina lawmakers to redraw the state's congressional districts... Read more ...

USA Gymnastics cuts ties with Karolyi Ranch and its memories of abuse

USA Gymnastics cuts ties with Karolyi Ranch and its memories of abuse

USA Gymnastics will no longer hold the women's team's training camp at the Karolyi Ranch in Texas, the organization said, after several gymnasts said the location was the site... Read more ...

Caught on camera: Terrifying moment tow truck driver escapes disaster

Caught on camera: Terrifying moment tow truck driver escapes disaster

A tow truck driver in Michigan is lucky to be alive after just narrowly missing being struck by an out-of-control car Read more ...

4th rape trial collapses as Oxford student cleared of charges before trial

4th rape trial collapses as Oxford student cleared of charges before trial

A two-year rape case against an Oxford University student has been dropped just days before his trial, after a “new set of eyes” re-examined the Crown Prosecution Service case... Read more ...

Lawmakers race the clock to prevent government shutdown

Lawmakers race the clock to prevent government shutdown

It's a race against the clock as Congress tries to pass a federal spending plan by midnight Friday and avoid a government shutdown. Read more ...

Trump, Unlikely Champion Of Anti-Abortion Rights Movement, To Address March...

Trump, Unlikely Champion Of Anti-Abortion Rights Movement, To Address March For Life

Despite his history of previously expressing support for abortion rights, Trump carefully courted social conservatives and abortion-rights opponents. Read more ...