Fed declines to cut rates as inflation, consumer confidence improve
The US Federal Reserve (Fed) kept interest rates on hold on Wednesday after its first monetary policy meeting of the year. After months of strong economic data and slowing inflation, the Federal Open Market Committee (FOMC) left its benchmark interest rate unchanged at 5.25% to 5.5%. The decision was widely expected, but Fed watchers will […]
Consumer confidence hits highest level since December 2021
According to one survey, U.S. consumers are more optimistic about the state of the economy than they have been in more than two years. new research According to the conference board released on Tuesday. The nonprofit business research group’s Consumer Confidence Index rose for the third consecutive month to 114.8 in January from 108 in […]
Alaska Airlines resumes flying grounded planes after terrifying incident — Boeing vows to regain public’s confidence
Alaska Airlines resumed flying its grounded Boeing 737-9 MAX aircraft on Friday, just weeks after a horrific in-flight accident caused one of its flights to make an emergency landing. Ta. Earlier this month, a plug door panel on an Alaska Airlines flight from Oregon to California exploded mid-flight, causing an oxygen mask to deploy. As […]
Ex-Obama official tells Biden to ‘stay hidden’ since he ‘doesn’t inspire confidence’
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