Yearly Archives: 2024

Federal Reserve Is Likely To Slow Its Rate Cuts With Inflation Pressures Still Elevated

Federal Reserve Is Likely To Slow Its Rate Cuts With Inflation Pressures Still Elevated

WASHINGTON (AP) — Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next year than were previously expected. The officials are set to reduce their benchmark rate, which affects many consumer and…MORE

Trump Weighs In On NY Mayor, Vaccines And Drones In Press Conference At Mar-A-Lago

Trump Weighs In On NY Mayor, Vaccines And Drones In Press Conference At Mar-A-Lago

PALM BEACH, Fla. (AP) — President-elect Donald Trump told reporters that he would consider pardoning embattled New York Mayor Eric Adams, said the country was “not going to lose” the polio vaccine and weighed in on the flurry of drone sightings over New Jersey during a freewheeling press conference Monday at his Mar-a-Lago club. Holding…MORE

Senate Report Alleges Amazon Rejected Warehouse Safety Recommendations Due To Productivity Concerns

Senate Report Alleges Amazon Rejected Warehouse Safety Recommendations Due To Productivity Concerns

A U.S. Senate committee says at least two internal Amazon studies have found a relationship between worker speed and injuries in the online retailer’s warehouses. A 160-page report issued Sunday night by the Senate Committee on Health, Education, Labor, and Pensions alleges Amazon rejected many of the studies’ safety recommendations out of concern the proposed…MORE

Japan’s SoftBank Plans To Invest $100 Billion In US Projects Over The Next Four Years.

Japan’s SoftBank Plans To Invest $100 Billion In US Projects Over The Next Four Years.

PALM BEACH, Fla. (AP) — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years. Trump announced the planned investment Monday at his Mar-a-Lago resort with Son at his side, along with Howard Lutnick, head of investment…MORE

2024 Was Big For Bitcoin. States Could See A Crypto Policy Blitz In 2025 In Spite Of The Risks

2024 Was Big For Bitcoin. States Could See A Crypto Policy Blitz In 2025 In Spite Of The Risks

HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses. Together, they could push states to become more crypto-friendly and more public pension funds and treasuries to buy cryptocurrency. Proponents of the uniquely volatile commodity argue that it’s a valuable hedge…MORE

Madison, Wisconsin School Shooting Injures Several; 3 Killed, More Injured.

Madison, Wisconsin School Shooting Injures Several; 3 Killed, More Injured.

UPDATE: Madison Police now identify the shooting suspect as a 17 year old female student found dead when they entered the school. Officials now confirm 2 people were killed in the shooting; a teenaged student and a teacher. Several more are hospitalized; reports place the injured between six and nine others. UPDATE: Madison Police now…MORE