Economy
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What the Fed’s rate cut means for consumers, businesses and investors
Sep 18, 2024 2:01 pm - The Federal Reserve cut interest rates this week for the first time in four years, putting an end to its longest cycle of rate increases in roughly a decade. “This will i...
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Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
Sep 18, 2024 8:06 am - The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers.
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Will the Federal Reserve cut interest rates fast enough to deliver a ‘soft landing’?Sep 16, 2024 7:12 am - WASHINGTON — American consumers and homebuyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this...
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Job rate for women in tech has hardly budged since 2005, EEOC finds
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Rent, utilities rose faster than home values for first time in a decade
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Mortgage rates just fell again. Here’s what you need to know.
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Student loan servicer Navient reaches $120 million settlement
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Midyear pit stop: How to rev up your company from good to better to bestSep 11, 2024 10:00 am - Midyear is the exact right time for businesses to make a pit stop. Pull over and consider what good business practices and strategies are for the remaining laps of the year. Also, pause to think about what better practices and strategies could be, and what best practices might look like.
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US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
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Does Illinois have a path to public pension reform?Sep 08, 2024 5:12 am - Illinois’ worst-in-the-nation pension crisis shouldn’t come as a surprise. For years economists have been sounding the alarm that Illinois’ pension problem is growing from financially painful to potentially unsolvable.