The nonpartisan Congressional Budget Office said Wednesday that it expects the federal government to be awash in debt over the next 30 years, but the outlook has improved over the past year due to increased immigration and agreements to reduce spending. The CBO’s latest long-term budget and economic outlook report — for a timeframe that […]
Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation remained elevated at the start of the year.
As markets look toward potential interest rate cuts in 2024 from the Federal Reserve, these five charts show how rates have fluctuated over the past 12 months.
Government departments spent £8.2million on Chinese aid engagement last year on projects including Chevening scholarships for Chinese students and deforestation efforts.
The Department of Justice warned a Jan. 6 defendant Tuesday that his sentence would not be reduced, regardless of the Supreme Court’s decision in a Read More
CBO Director Warns Of Debt Market Meltdown With US Debt Is On "Unprecedented" Trajectory We've been pointing it out for so long - in fact, for most of our 15 years in existence - that it has become more of a chore than actual reporting, especially since the "number only go up", as it hits a new all time high virtually every day. We are talking, of course, about the exponential curve that is the US debt, arguably one of the most boring and at the same time, most exciting topics of...
The Bank of England is expected to keep interest rates the same, despite a
WASHINGTON (AP) — Federal Reserve officials signaled that they still expect to cut their key interest rate
Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start of the year. Yet they foresee fewer rate cuts in 2025, and they slightly raised their inflation forecasts. After ending their latest meeting, the officials kept […]
"Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation," Haskel told the Financial Times.
The ongoing Korean rom-com Wedding Impossible, Episode 8 aired on tvN in South Korea last night to its lowest nationwide rating yet. Data via […]
Despite a perception that crime is on the rise, new data from the FBI shows crime rates are actually declining.