Tag: interest rate
The Fed’s inflation mistake continues
Most of the pain is borne by people who are already struggling to keep up with rising prices: lower-wage workers and the poor.
Fed hikes interest rate despite recession warnings from experts
Economists warned that increasing interest rates too quickly was "a very dangerous approach," could make inflation worse and cause "great pain" without addressing real economic issues.
POPULAR
The MAGA Movement is Jonestown writ large
The reversion to primitivism bears a striking resemblance to the rise of the MAGA movement.
Trump EPA rolls back protections from toxic forever chemicals in drinking water
Amid pressure from chemical and utility industries, the Trump administration weakens key PFAS drinking water regulations—exposing millions to cancer-linked toxins.
GOP tax cuts for the rich advance as Republicans push record-breaking Medicaid and SNAP...
As House Republicans approve tax breaks for the wealthy, they simultaneously move to gut Medicaid and food assistance, rejecting all amendments to protect vulnerable Americans.
The Trump effect on elections globally
But with the recent election results in Canada and Australia, it’s possible to see the limits of Trump’s influence and the signs of a swing back to some semblance of normalcy.
The Trump administration leaned on African countries. The goal: Get business for Elon Musk.
Senior State Department officials in both Washington and Gambia have coordinated with Starlink executives to coax, lobby and browbeat at least seven Gambian government ministers to help Musk, records and interviews show.