Asia markets mostly lower after Federal Reserve holds rates; Yen strengthens further – CNBC
31 minutes ago South Korea’s consumer price growth rate slowed in April It was announced that the pace of increase in consumer prices in South Korea in April compared to the same month last year slowed compared to March. Official data. The CPI in April was 2.9% compared to the same month last year, and […]
Federal Reserve Chair Jerome Powell says rate cuts ‘will take longer than previously expected’ after interest rate meeting
Federal Reserve Chairman Jerome Powell acknowledged Wednesday that the central bank is delaying plans to cut interest rates because inflation has plateaued well above the central bank’s target. The Federal Open Market Committee (FOMC), the central bank committee tasked with setting monetary policy, voted on Wednesday to keep the federal funds rate in the range […]
GOP wants research group barred from federal funding over COVID work with Wuhan
A key House committee investigating the origins of COVID-19 has barred the scientific research group from receiving federal funding, and the group’s president has banned research conducted at a lab in Wuhan, China. They are calling for a criminal investigation into the research. A Republican staff report released Wednesday by the majority of the House […]
US Federal Reserve holds interest rates steady as inflation ticks up | US economy
As inflation continues to plague the U.S. economy, the Federal Reserve announced Wednesday that it would keep interest rates unchanged at 5.25% to 5.5%, the highest level in 20 years. Some expected the Fed to cut interest rates soon, at the highest level since 2007, but inflation remains stubbornly above 3% a year. The Fed’s […]
WaPo Claims Biden Does Not Know about Federal Funds Going to Rent Assistance for Migrants
Glenn Kessler, the so-called “fact checker” washington postas Joe Biden worked to refute Donald Trump’s condemnation of the rental assistance program, arguing that his lawmakers can’t be held responsible for the amount of money they’re spending on immigrants. Kessler said in an April 29 edition of “Fact Check.” claimed Former President Donald Trump’s campaign said […]
Federal court says states can’t exclude gender-affirming care
jury panel Voted 8 to 6 The policies of both countries will be withdrawn. Although attorneys representing both states argued that their policies were evidence-based; for purely economic reasonsJustice Roger Gregory said in the majority opinion that the restriction was “clearly discriminatory.” “We affirm the district court because we find that the exemption constitutes facial […]
Federal Agent and Two Police Officers Killed Serving Warrant in North Carolina
A federal marshal and two police officers were killed while attempting to execute a warrant in East Charlotte, North Carolina, around 1:30 p.m. Monday. NBC News report The sheriff and two police officers were working at the Fugitive Task Force when they were shot. Another task force member and four more police officers were also […]
Nearly all states take foster kids’ federal benefits and use them to offset cost of foster care: Report
anxious report Nearly all states routinely receive federal benefits from children in foster care and use those benefits to offset foster care costs, according to a study by the Child Advocacy Institute at the University of San Diego School of Law. . As with foster children who are not in the foster care system, some […]
New federal transgender rules place women’s workplace rights ‘under attack,’ EEOC commissioner charges
The Equal Employment Opportunity Commission faces backlash with new guidance detailing how employers can be held liable for harassment if they require employees to use the restroom that corresponds to their biological sex. caused it. “Women’s sexual rights in the workplace are also under attack from the EEOC, the federal agency responsible for protecting women […]
Schools Refusing to Crack Down on Antisemitism Should Be Stripped of Federal Funding
During this week’s broadcast of FOX News Channel’s “Sunday Night in America,” Rep. Mike Lawler (R-N.Y.) spoke on college campuses as anti-Israel protests are underway on college campuses across the country. advocated anti-Semitism legislation. A New York Republican lawmaker has argued that schools that fail to crack down on anti-Semitism should be punished, including by […]