Feds
FRANKFURT (Reuters) – The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed Governor Adriana Kugler said in Frankfurt on Tuesday. “The lower unemployment that we saw in Friday’s jobs report is very welcome,” Kugler told a European […]
By Davide Barbuscia and Carolina Mandl NEW YORK (Reuters) – The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once again force the U.S. central bank to come to the rescue by buying bonds, said tail-risk hedge fund Universa. The Fed […]
By Davide Barbuscia and Carolina Mandl NEW YORK (Reuters) – The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once again force the U.S. central bank to come to the rescue by buying bonds, said tail-risk hedge fund Universa. The Fed […]
Stocks traded mixed on Friday as investors embraced an inflation report seen as crucial to the Federal Reserve’s next decision on interest rate cuts. The S&P 500 (^GSPC) ticked just above the flatline after
US stock futures pointed toward gains as investors digested an inflation report seen as crucial to the Federal Reserve’s next decision on interest-rate cuts. S&P 500 futures (ES=F) were up 0.2%, on the heels of
U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024. Mandel Ngan | AFP | Getty Images The Federal Reserve’s move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to . . .
US banks made a $1tn windfall from the Federal Reserve’s two-and-a-half-year era of high interest rates, an analysis of official data by the Financial Times has found. Lenders got higher yields for their deposits at the Fed but kept rates lower for many savers, the review of Federal Deposit Insurance Corporation data showed. The boost […]
A U.S. Border Patrol agent has been charged after being accused of ordering women to show him their breasts during the admissions process to enter the country, federal authorities said. Shane Millan, 53, was charged with four misdemeanor counts of deprivation of rights under color of law, federal prosecutors in the Northern District of New […]
US News By Alex Oliveira Published June 13, 2024 Updated June 13, 2024, 7:27 p.m. ET An Arizona man allegedly plotted to gun down black people at an Atlanta Bad Bunny concert in an attempt to spark a race war ahead of the presidential election, according to federal prosecutors. Mark Adams Prieto, 58, was indicted […]
Source: MANDEL NGAN / Getty In the latest incident fueling suspicions that conservatives want to incite MAGA violence around the upcoming presidential election, a suspected white supremacist has been charged for allegedly plotting “a race war” by way of a mass shooting of Black and brown people in Atlanta. Arizona man Mark Adams Prieto, 58, […]