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News BreaK Search: Economy
When Will Interest Rates Rise? Fed Chair Says ‘No Time Soon'
1 day ago - By NY Times
Jerome H. Powell, chair of the Federal Reserve, said the central bank remained far from dialing back support for the economy.
Read more ...Monetary stimulus will remain in place well into economic recovery, Fed Chair Powell says
1 day ago - By Business Insider
Summary List Placement Those worrying the Federal Reserve will prematurely rein in monetary stimulus have little to fear, Fed Chairman Jerome Powell said Thursday.
As COVID-19 vaccines roll out across the country, investors and economists have looked to Fed officials for any hints as to when its extremely accommodative policy stance could reach its conclusion. The central bank is currently buying $120 billion worth of Treasurys and mortgage-backed securities each month to ease market functioning, and its benchmark interest rate remains near zero to encourage borrowing.
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Here are the winning numbers for Mega Millions' Friday drawing for $750 million
And the winning numbers are ...
Call Is First Contact Between Presidential Campaigns
More than two months after the election, the rival presidential campaigns have had their first direct contact with each other. VP Mike Pence called Kamala Harris to offer his...
CDC: New virus variant will have 'rapid growth' in US at beginning of this year
Health officials say by March, a new and more infectious strain of coronavirus will likely become the dominant strain in the U.S.
NRA filing Chapter 11 bankruptcy, plans to reincorporate in Texas
The National Rifle Association says it's filing a voluntary Chapter 11 petition.
Democrats cheer as NRA declares bankruptcy, seeks to escape ‘corrupt' New...
Citing the ‘toxic political environment' in New York, the National Rifle Association announced it will initiate bankruptcy proceedings, to cheers from Democrats. The NRA wants...
Trump to leave Washington on morning of Biden's inauguration
WASHINGTON - President Donald Trump will leave Washington next Wednesday morning, just before President-elect Joe Biden's inauguration, to begin his post-presidential life in...
Prosecutors say the QAnon Shaman was one of the rioters who meant to...
Summary List Placement Some of the people who participated in the pro-Trump attack of the US Capitol intended to "capture and assassinate elected officials" including Vice...
You can shop every single product from Netflix's 'Get Organized' right now
The Container Store has it all!
Global death toll from COVID-19 tops 2M amid vaccine rollout
The global death toll from COIVID-19 has topped 2 million as vaccines developed at breakneck speed are being rolled out around the world in an all-out campaign to vanquish the...
U.S. Executes Dustin Higgs In 13th And Final Execution Under Trump...
Higgs had been sentenced to death for the 1996 killings of three women in Maryland, which has since abolished the death penalty. (Image credit: Federal Bureau of...