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Hello and welcome to AS USA’s live blog covering financial news The May Personal Consumption Expenditure Price Index (PCE) will be released tomorrow. This inflation measure is the preferred data for the Federal Reserve on how prices are rising. Speaking at the ECB Forum on Central Banking in Sintra, Portugal, Chair Jerome Powell said he […]
US financial news live updates: Social Security checks, SNAP payments, inflation… AS USA Source link
US financial news live updates: Fed rate decision, CPI, Social Security payments, SNAP benefits… AS USA Source link
Hello and welcome to AS USA’s live blog covering financial news. This has been a big week. The US Federal Reserve Chair, Jerome Powell, made an announcement yesterday stating that there will be no increase in interest rates for June. This marks the first time in the last fifteen months that rates will remain unchanged. […]
US financial news live updates: Debt ceiling deal, Social Security checks, $500 monthly payments… AS USA What’s in the US debt ceiling deal? BBC America’s debt: what US$31 trillion looks like, visually explained South China Morning Post . . .
By Andrea Cavallier For Dailymail.Com 06:24 15 May 2023, updated 07:34 15 May 2023 California Gov. Gavin Newsom backed away from idea of giving black residents reparations payments despite recommendation from his own task force However, Newsom’s chief communication advisor, said that he is not backing away from cash payments, but instead wants to wait […]
Justin Sullivan/Getty Images/FILE California Gov. Gavin Newsom speaks in October in San Francisco. (CNN) — California’s governor responded Wednesday to the reparations payments for some Black state residents that were recommended . . .
Video: California reparations panel recommends apology, payments to Black Californians – CNN Video Stay Updated on Developing Stories View in App Live TV A panel in California created to consider reparations for Black residents voted to approve recommendations for the payments of reparations to Black Californians for injustices and discrimination stemming from slavery. CNN’s John […]
(CNN) A panel in California created to consider reparations for Black residents voted over the weekend to approve recommendations for the payments of reparations to Black Californians for injustices and discrimination stemming from slavery. Saturday’s meeting in Oakland was the 15th public meeting of . . .
“There’s no way in the world that many of these recommendations are going to get through because of the inflationary impact,” said Roy L. Brooks, a professor and reparations scholar at the University of San Diego School of Law. Some estimates from economists have projected that the state could owe upwards of $800 billion, or […]