The Federal Reserve cut interest rates by 25 basis points to 3.5%–3.75%, delivering a third consecutive reduction that met expectations but exposed a widening ...
The U.S. Federal Reserve delivered a widely expected 25 basis point rate cut on Wednesday, lowering the range on its benchmark fed funds rate by 25 basis points to 3.50% to 3.75%. This marks the third ...
LINCOLN — University of Nebraska-Lincoln Chancellor Rodney Bennett has finalized a plan to cut up to $27.5 million from UNL’s budget. About $9 million in academic cuts go to the University of Nebraska ...
In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ...
Public opinion polling shows that just 12 percent of the American public thinks that taxes on rich families are too high today. But lawmakers in several states are charging ahead with deep tax cuts ...
OTTAWA, Sept 17 (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to ...
The House has approved a Trump administration plan to rescind $9 billion in previously allocated funds, including $1.1 billion for the Corporation for Public Broadcasting (CPB) — a move that cuts all ...
The Trump administration’s FY 2025 rescission package would eliminate more than $8 billion in investments critical to global health, stability, and democracy while the administration increases ...
President Donald Trump on Thursday continued his extraordinary and targeted verbal attacks on Federal Reserve Chair Jerome Powell, calling for a massive 2.5-point reduction in interest rates. Despite ...
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WASHINGTON, June 10, 2025—Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, ...