The Federal Reserve said Wednesday it was keeping its key interest rate at about 5% — the first time it has kept the rate steady in more than a year.
Category Archives: business
Pittsburgh synagogue massacre survivor cried 'Mommy' as her 97-year-old mother was killed by her side
Andrea Wedner was the government’s last witness as prosecutors wrapped up their case against Robert Bowers, who burst into the Tree of Life synagogue building with a military-style rifle and other weaponry and opened fire, shooting anyone he could find.
Social Security recipients are on track to receive the smallest COLA increase since the pandemic began
The metric that the Social Security Administration uses to calculate the next COLA increase may leave beneficiaries with the smallest increase in years
Founder of sexuality-focused women's wellness company pleads not guilty in forced labor case
An entrepreneur who promoted group “orgasmic meditation” as a road to women’s well-being turned herself in and pleaded not guilty Tuesday to a charge of manipulating traumatized people into debt, undesired sex and underpaid work.
PGA Tour Commissioner Jay Monahan takes medical leave days after LIV Golf deal announcement
PGA Tour Commissioner Jay Monahan is taking a leave of absence as he recuperates from a medical condition, the organization said in a statement late Tuesday.
Mortgage demand surges as interest rates ease off recent highs
Mortgage rates pulled back for the second straight week last week, and it was enough to get both current and potential homeowners on the phone with their lenders.
All eyes on Federal Reserve as inflation shows signs of cooling
The Federal Reserve is set to make a major decision on whether to raise interest rates again but this time they have good news to consider with the newest government report showing consumer prices have come down and inflation is displaying signs of easing. NBC’s Brian Cheung breaks it down for TODAY.
Tentative deal reached to get UPS drivers air-conditioned trucks ahead of strike threat
The package carrier reached a tentative deal with Teamsters leaders representing 340,000 employees to address long-standing heat-related concerns in contract talks now underway.
Most Republicans in Biden-won districts don't want to talk about Trump indictment
Just one of the 18 Republicans in districts that Biden won has criticized Trump. The rest are silent, attempting to change the topic or casting him as a victim.
A powerful U.S. political family is linked to copper mining in the Colombian rainforest
N.H. Gov. Sununu’s father and brother sit on the boards of a company proposing a copper mine next to a forest reserve in Colombia and its largest shareholder.