Fed will steer clear of jumbo rate cut despite mounting pressure: survey

A new survey finds that most economists believe the Federal Reserve will make a small cut to its benchmark interest rate, rather than the larger cuts that some of Wall Street’s biggest banks are calling for. Nearly four in five economists He told Bloomberg News They expect the Fed to cut interest rates by a […]

McDonald’s worker set fire to clear out crowded restaurant

A trainee McDonald’s manager in Georgia has been sentenced to five years in federal prison for setting fire to a pile of trash cans to clear a steady stream of customers. According to the U.S. Attorney’s Office, Joshua Daryl McGregor, 34, was working at a Savannah branch of the fast-food chain last April when he […]