Fed lowers interest rates again but more cuts uncertain
WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future. The rate…
Charting the Global Economy: IMF Lowers Global Growth Forecast
Breadcrumb Trail LinksPMN BusinessThe International Monetary Fund shaved its global growth forecast for next year, citing accelerating risks from wars and trade protectionism.Author of the…
Charting the Global Economy: ECB Lowers Rates as Inflation Wanes
Breadcrumb Trail LinksPMN BusinessThe European Central Bank reduced interest rates for the third time this year as a hastier retreat in inflation allows policymakers to…
US sharply lowers number of jobs added in year ending in March | Unemployment News
Economists are divided on the extent of the rate cuts that the US Federal Reserve should undertake this year in light of the latest employment…
CN Rail lowers 2024 earnings forecast due to strike uncertainty
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Canadian PressAmanda StephensonPublished Jul 23, 2024 • 3 minute read You can save this article by registering for…
Trump shooting lowers pressure on Biden to drop out
WASHINGTON — Republicans have been featuring Vice President Kamala Harris prominently in their attacks on the Biden administration at this week’s convention in Milwaukee — a…
Biden Inflation Reduction Act temporarily lowers Medicare costs for 64 drugs
The Department of Health and Human Services said Wednesday that the Biden Inflation Reduction Act is lowering the prices of 64 drugs used by Medicare…
Japan lowers its tsunami warning but still tells people not to go home after a series of earthquakes
At least six homes were damaged by the quakes, with people trapped inside, government spokesman Yoshimasa Hayashi said. A fire broke out in Wajima city,…