U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
(Photo by Brandon Bell/Getty Images) By James Myers, OAN StaffWednesday, August 14, 2024 8:18 AM U.S. inflation rose 2.9% year-on-year in July, below expectations, raising the possibility that the Federal Reserve will finally start cutting interest rates next month. advertisement The Bureau of Labor Statistics said the consumer price index rose 0.2% from the previous […]
US inflation hits 2.9% in July, paving way for Fed to start cutting rates
U.S. inflation rose 2.9% year-on-year last month, slightly weaker than expected, raising the possibility that the Federal Reserve will finally start cutting interest rates next month. According to the Bureau of Labor Statistics, the consumer price index rose 0.2% from the previous month in July, just below the 3% year-on-year increase that economists had expected, […]
Cutting screen time to 3 hours per week improves kids’ behavior, mental health
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Brute charged in attack on MTA workers freed after cutting deal — only to go on slashing spree
A psychopathic thug charged with attacking two MTA employees and a transit cop last year has been released after making a deal to receive psychiatric treatment, even though he also allegedly attacked four Rikers Island security guards while in custody. According to officials and sources, Christian Marrero, 21, not only neglected his psychiatric program, but […]
US colleges are cutting majors and slashing programs after years of putting it off
When Christina Westman began her studies at St. Cloud State University, she dreamed of working as a music therapist with people with Parkinson’s disease and stroke. But her academic career changed drastically in May when Minnesota university administrators announced plans to eliminate the music department and cut 42 degree programs and 50 minors. The move […]
Kamala Harris up 18 points with battleground Hispanics, cutting Trump’s support: Democratic-aligned pollster
While much should be noted given the survey’s origins, a prominent Democratic pollster has argued that Vice President Kamala Harris has an advantage among Hispanic voters in battleground states. Somos, which describes itself as a “Latino-led, Latino-focused organization dedicated to empowering hard-working Latinos year-round to participate in our nation’s democracy by taking action in their […]
Elon Musk says Fed ‘foolish’ for not cutting interest rates yet
Billionaire Elon Musk said Sunday that the Federal Reserve was “foolish” for not cutting interest rates sooner following a disappointing jobs report that raised concerns about an economic slowdown. “The Fed needs to lower interest rates,” Musk said in a post on his X account. “They’re stupid for not lowering rates before now.” Musk’s comments […]
Pharmacies in England cutting services amid financial pressures, research finds | NHS
Research has revealed that pharmacies across England are failing to deliver vital NHS and public health services due to the overwhelming financial and operational pressures they face. In a poll of pharmacy managers representing more than 2,100 pharmacies, more than 96% of respondents said they had stopped providing local referral services in the past 12 […]
Whistleblower accuses Secret Service of cutting threat assessment efforts before shooting despite warnings, Hawley says
Republican Sen. Josh Hawley of Missouri said Thursday that a whistleblower has come forward to allege even more significant security failures in the lead-up to the assassination attempt on former President Donald Trump. “New and disturbing information has come to light.” Hawley documented his allegations in a letter to Secret Service Acting Director Ronald Rowe. […]
Biden campaign co-chair ‘pissed off’ at big donors for cutting off cash to the president: ‘No-win situation’
The co-chair of President Biden’s now-disbanded campaign expressed anger at big donors who decided to withhold donations, suggesting they forced Biden to abandon his reelection effort. After Biden announced Sunday that he would not run for a second term, Biden campaign co-chairman Cedric Richmond told CNN. He claimed that wealthy donors had “created a self-fulfilling […]