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Federal Reserve keeps interest rates at current levels as inflation holds its grip
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The U.S. economy and inflation might be cooling off, but lower interest rates are still far away
Is the economy headed in the right direction? Wall Street investors certainly think so. They drove U.S. stocks to a record high this week. Why the optimism?MarketWatch - Business -
The Properties High Interest Rates Can't Touch
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.The Wall Street Journal - World -
After Raisi’s Death, Hard-Liners Are Expected to Keep Grip on Power
The death in a helicopter crash of Iran’s president, Ebrahim Raisi, disrupts a careful effort at a smooth transition to a new supreme leader to replace the aging Ali Khamenei.The New York Times - World -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
CD interest rate forecast for summer 2024: Everything experts predict
CD rates might experience some changes this summer, experts say. Here's how — and why.CBS News - Top stories -
Federal Reserve Chair Jerome Powell working from home after positive COVID-19 test
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing symptomsABC News - Top stories - Federal Reserve
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What's next for Iran's regime and the region after Ebrahim Raisi's sudden death?
The death of Iranian President Ebrahim Raisi poses the question of who will succeed him, as well as the country's supreme leader Ayatollah Ali Khamenei.NBC News - Top stories -
Defense rests in Trump hush money trial without former president's testimony
A lawyer who has clashed with Donald Trump's former fixer Michael Cohen — and whom the judge overseeing the hush money case scolded for disrespectful behavior on the witness stand — will resume his testimony Tuesday as possibly the final witness ...NBC News - Top stories - Donald Trump -
U.S. halted safety inspections of public housing for weeks after IT failure
The U.S. Department of Housing and Urban Development halted its health and safety inspections of public housing for about two weeks because of a technical failure.NBC News - Top stories -
Biden at odds with allies as U.S. and Israel attack ICC over arrest warrants
The United States was at odds with some key allies Tuesday after President Joe Biden denounced the chief prosecutor of the world’s top war crimes court for seeking arrest warrants for Israeli and Hamas leaders.NBC News - Top stories - Joe Biden -
U.S. lawmakers fail to secure release of Americans held in Turks and Caicos for having ammunition
U.S. lawmakers traveled to Turks and Caicos this week to push for the return of five American citizens detained on ammunition possession charges, but failed to facilitate their release.NBC News - Top stories