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Economy

Mortgage rates spike to 6.81% shutting buyers ‘out of the market’

Zach Halaschak -
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The likeness of Benjamin Franklin is seen on a U.S. $100 bill, Wednesday, Feb. 22, 2023, in Marple Township, Pennsylvania. (AP Photo/Matt Slocum)
News

Social Security update: Direct payment worth $914 arriving in 12 days

Misty Severi -
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Discussions on the future of Social Security have occurred in Congress for years, and experts have warned that the program could be insolvent in 10 years if nothing is done.
News

Social Security update: First of March’s two SSI payments will arrive in 13 days

Misty Severi -
0
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Mounting evidence of inflation slowdown means Fed set to ease off the brakes

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022.
Finance and Economy

Fed will stay out of climate policy, Chairman Powell pledges

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.

Fed slows rate-hiking campaign in sign of confidence in battle against inflation

Zach Halaschak -
0
In this photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington.

Fed expected to ease anti-inflation campaign despite strong jobs report

Zach Halaschak -
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Powell signals Fed may slow pace of rate hikes next week

Powell signals Fed may slow pace of rate hikes next week

Zach Halaschak -
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FILE - This Sept. 18, 2013 file photo shows the Federal Reserve headquarters in Washington. Minutes of the Fed's discussion at its July 29-30, 2014 meeting show that some officials thought the economy was improving enough that the Fed would need
Economy

Fed’s mission creep has turned its monetary policy into a failed mission

Burton Abrams and James L. Butkiewicz -
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In this photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington.
Videos

Fed conducts massive rate hike in face of stubborn soaring inflation

Zach Halaschak -
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