As widely expected, the U.S. Federal Reserve’s rate-setting Open Market Committee made no changes to its policy interest rates at its 28 January meeting, leaving the rate on deposits at 3.5 percent and the lending rate at 3.75 percent.
Author: admin
Post
U.S. PRODUCER PRICES JUMP AS COMPANIES PASS TARIFF COSTS TO CUSTOMERS
In December, the price producers put on their products rose 0.5 percent, more than double November’s 0.2-percent increase and the largest monthly jump since July.
Post
GOING OUT OF BUSINESS TRENDS
The retail and restaurant industries continue to close locations due to rising costs and declining demand, but the number of closures seems to be declining, according to Coresight Research.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The Bureau of Labor Statistics delayed release of the January Job Report due to the government shutdown.
Post
DEATH OF JOURNALISM: BEZOS SET TO TAKE HATCHET TO WASHINGTON POST’S NEWSROOM
Jeff Bezos, the Amazon founder worth over $253 billion, is reportedly planning to make job cuts at his Washington Post to make up for a slide in revenue, prompting swift criticism from reporters who called on him to save their jobs.
Post
BLIMPITIS: NEARLY HALF OF ALL AMERICANS WILL BE OBESE BY 2035, STUDY SAYS
Researchers warned last week that the number of Americans considered medically obese is expected to increase to nearly 50 percent by 2035, meaning that 126 million people will be living with the condition.
Post
‘THE DON’ KEEPS ESCALATING HIS USE OF THE PRESIDENTIAL PARDON
President Donald Trump continues to use his presidential pardon power to free individuals convicted of white-collar crimes and fraud crimes, according to analysis from the Financial Times.
Post
TRUMP BOMBED SOMALIA AT LEAST 23 TIMES LAST MONTH, BUT WHO’S COUNTING?
The Trump administration picked up where it left off at the start of the year and carried out at least 23 airstrikes across Somalia, which has been ignored by the mainstream Presstitutes and contradicts his claim of wanting to be a “peace” president.
Post
GEN Z REVOLUTION: TRUMP QUICKLY LOSING SUPPORT FROM YOUNG VOTERS
A newly released poll from The Wall Street Journal found that President Donald Trump is bleeding support from his young supporters who have rejected some of his key foreign policy positions, like his support for the Israeli genocide in Gaza.
Post
TRUMP TELLS HAVANA TO MAKE A DEAL OR BE CRUSHED
President Donald Trump told leadership in Cuba that it must agree to the terms of the U.S. deal or face sanctions that will lead to the island’s economic ruin and a humanitarian crisis.