HUD suspends disaster funding to U.S. Virgin Islands housing authority, saying mismanagement has kept $1.3 billion from hurricane survivors21 July 2026
People are worried about losing their jobs even though the economy is good—it’s a ‘vibecession’By Press Room21 August 2024 The economy may look strong on paper, but Americans are more worried than ever about losing their jobs as fears…
Fed keeps rates flat despite economists’ warnings it’s making a mistakeBy Press Room31 July 2024 The Federal Reserve’s policymakers kept interest rates flat Wednesday, but signaled a rate cut would be coming soon. The rate-setting…
Fed Chair Jerome Powell says inflation is on the downswing—but don’t expect rate cuts yetBy Press Room3 July 2024 Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while…
Fed governor highlights de-dollarization debate as concerns grow over the greenback’s global dominance: ‘The role of the U.S. economy in world finance is changing’By Press Room20 May 2024 That has the Fed keeping a close eye on the risks of de-dollarization and how it could impact American consumers…