Fed’s actions carried more weight than words in taming inflation: researchers

FOX Business’ Edward Lawrence presents highlights from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Reliability Federal Reserve System New research presented at the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming, says interest rate cuts helped financial markets as the central bank fought inflation for years, but it […]

What's the difference between Trump, Biden actions on insulin prices?

Former President Trump has argued that he, not President Biden or Vice President Harris, is responsible for capping insulin prices at $35 a month. The Trump administration implemented a temporary program that allowed some Medicare drug plans to voluntarily cap insulin costs. Inflation Control Law President Biden signed the IRA bill, banning fees of more […]

Philippines Condemns Chinese Air Force’s ‘Unjustified, Illegal, and Reckless’ Actions

Philippine President Ferdinand Marcos Jr. on Sunday condemned “unjust, illegal and reckless” exercises by the Chinese air force over the disputed Scarborough Shoal in the Spratly Islands. According to the Philippine military, two Chinese aircraft Dropped Flare On Thursday, it crashed into the flight path of a Philippine light transport plane flying over Scarborough Shoal. […]

Mobile shop worker’s alleged actions against customer exposed

Two women were forced to confront a mobile phone shop worker after he allegedly stole their phones. One of the women had left the phone at a well-known mobile phone store in New Zealand for repairs, and the two went to collect it on July 10. However, when the woman picked up her phone to […]