Sticky inflation creates rift at Fed over how much to cut rates
Which of these views prevails will depend, of course, on how much inflation slows in the next year. If the recent upturn in inflation proves to be a blip, the Fed could increase the number of rate ...
Twelve months that crippled Jimmy Carter’s presidency
A hostage crisis in Iran, unrelenting inflation and a primary challenge from Ted Kennedy ensured Carter’s defeat in the 1980 ...
After backing Trump, low-income voters hope he doesn’t slash their benefits
Voters in the struggling Pennsylvania city of New Castle backed Donald Trump hoping he’d curb inflation. But he’ll be under pressure to cut federal spending.
Opinion
Class dismissed: Colleges expected to close as enrollment numbers tank
Colleges and universities in the United States could be facing a crisis as they struggle to meet enrollment numbers due to increase in tuition costs, declining birthrates and the rise of alternate ...
Democrats Face 3 Distinct Questions As They Grapple With Their Loss To Donald Trump
Instead of asking what’s the matter with Kansas, the question for 2025 and beyond is what’s the matter with Democrats.
Alternet on MSN5d
These low-income Rust Belt voters supported Trump — and pray he won’t slash their benefits
At his 2024 campaign rallies, Donald Trump repeatedly blamed President Joe Biden and Vice President Kamala Harris for ...
Investing11d
Explainer-Trump aims at Biden's Inflation Reduction Act: EVs, clean energy and manufacturing
(Reuters) - President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction ... without a single Republican vote, would likely require an act ...
CNN12d
Dow plunges by more than 1,100 points after Fed projects fewer rate cuts next year
The US dollar also surged by 0.77%, signaling expectations of economic growth and further inflation in the US. Even though all but one of 12 Federal Reserve officials cast a dissenting vote against ...
Bank of England review: BoE to lag peers in 2025 – We stay positive GBP
As expected, the Bank of England (BoE) decided to keep the Bank Rate unchanged at 4.75% today. The vote split had a dovish twist with 6 members voting for an unchanged decision and Dhingra, Ramsden ...
Explainer-Trump aims at Biden's Inflation Reduction Act: EVs, clean energy and manufacturing
President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which ...
Tri-State Livestock News13d
House appropriators release CR, disaster relief bill
The House Appropriations Committee late Tuesday released a 1,547-page bill to fund the government through March 14, 2025, and provide various forms of assistance to farmers.Congress is expected to ...
Sydney Morning Herald10d
What’s happened to the cost of living is trickier than you think
It’s been a year of wearying in the fight against inflation. But if you think you ... for me when I heard some woman in America justify voting for Trump by saying that the prices went up and ...