tag:Federal Reserve System

Fed cuts key interest rate by quarter point in second rate decrease

2024-11-08 15:15:02 WASHINGTON — The Federal Reserve lowered its key interest rate by a quarter percentage point Thursday, its second…

2 weeks ago

Recession fears send global markets plunging

2024-08-05 19:35:02 The S&P 500 Index opened down 4.2% and NASDAQ 100 fell 5.4% after global markets overnight plunged over…

4 months ago

What is the Sahm rule? Here’s how it relates to the jobs report

2024-08-03 16:50:02 The number of jobs added last month fell short of expectations and unemployment was on the rise, triggering…

4 months ago

Big Lots stores closing. Will any be in California?

2024-07-13 09:20:01 Discount retailer Big Lots will close 35 to 40 stores this year as it considers bankruptcy. It cites…

4 months ago