
Bailey Schulz
Money Reporter at USA Today
Las Vegas-based money reporter for @USATODAY. News tips? Email [email protected].
Articles
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4 days ago |
usatoday.com | Bailey Schulz |Betty Lin-Fisher
Federal officials and cybersecurity experts warn of increased risk for cyber attacks amid growing tensions between the U.S. and Iran. While there are no specific credible threats against the homeland, the Department of Homeland Security on June 22 warned of low-level cyber attacks amid a "heightened threat environment." Experts told USA TODAY public infrastructure and the private sector could be potential targets, although large-scale cyber attacks are unlikely.
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5 days ago |
usatoday.com | Bailey Schulz |Jessica Guynn
Feeling oversubscribed? You are not alone.ÂMost things these days â food delivery, ride hailing, TV and music streaming, fitness classes, digital storage apps â seem to come with a monthly payment.ÂFew people have a system to manage the steady stream of autopilot charges on their credit cards or to track price hikes. Whatâs more, they underestimate how much they spend each month on subscriptions.
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1 week ago |
usatoday.com | Bailey Schulz |Paul Davidson
The Federal Reserve released new economic projections on June 18, forecasting higher inflation and slower economic growth than previously anticipated amid shifting trade, immigration, fiscal and regulatory policies. And Fed Chair Jerome Powell warned price increases could dampen the summer for Americans nationwide. Annual consumer price increases are expected to hit 3% this year, up from March’s prediction of 2.7%. Expectations for gross domestic product growth fell from 1.7% in March to 1.4%.
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1 week ago |
eu.northjersey.com | Paul Davidson |Bailey Schulz |Andrea Riquier |Rachel Barber
WASHINGTON – The Federal Reserve held interest rates steady again Wednesday and kept its forecast for two cuts this year as officials struggled to balance the dual hazards of President Donald Trump’s sweeping tariffs - higher inflation and a weaker economy. The decision leaves the Fed’s benchmark short-term rate at a range of 4.25% to 4.5% for a fourth straight meeting.
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1 week ago |
usatoday.com | Bailey Schulz
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting this week, despite political pressure to make cuts. The Fed last lowered interest rates in December, bringing its benchmark short-term rate to a range of 4.25% to 4.5%. Since then, the central bank has kept rates flat amid uncertainty on how tariffs will impact inflation and the economy. If rates remain unchanged Wednesday, it would be the Fed's fourth consecutive meeting without cuts.
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