Articles
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1 week ago |
sg.finance.yahoo.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
“We are going to need to see how this evolves. There are cases in which it would be appropriate for us to cut rates this year. There are cases in which it wouldn't. And we just don’t know until we know more about how this is going to settle out and what the economic implications are for employment and for inflation,” he said.
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1 week ago |
greatfallstribune.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
Paul Davidson Bailey Schulz Rachel Barber Andrea Riquier Medora LeeUSA TODAYWASHINGTON – The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon as President Donald Trump’s sweeping tariffs raise the risks of both another inflation spike and recession. But officials signaled they're growing increasingly concerned about both hazards.
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2 months ago |
yahoo.com | Rachel Barber |Mary Ann Koruth |Margie Cullen
President Donald Trump's administration is cutting about half of the U.S. Education Department’s workforce, including cuts in divisions that oversee federal student loans, according to administration officials Tuesday. The Education Department, among other things, oversees federal student loans held by nearly 43 million people, or one in six American adults, according to the Congressional Research Service.
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2 months ago |
telegram.com | Rachel Barber |Mary Ann Koruth |Margie Cullen
Rachel Barber Mary Ann Koruth Margie CullenUSA TODAY NETWORKThe Trump administration is cutting about half of the U.S. Education Department’s workforce, including cuts in divisions that oversee federal student loans. There are over 900,000 student borrowers with $32.1 billion in student loan debt in Massachusetts. Education Secretary Linda McMahon said that the agency will continue to deliver funding mandated by law, which includes federal student loans.
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Dec 2, 2024 |
autos.yahoo.com | Rachel Barber
Rachel Barber, USA TODAYDecember 2, 2024 at 12:34 PM·2 min readThe two men President-elect Donald Trump tapped to lead a new Department of Government Efficiency may have an unlikely ally in Sen. Bernie Sanders, the progressive independent from Vermont. Tech billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy have laid out plans to slash government spending with the new department including mass firings of federal workers.
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