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Fed holds interest rates higher for even longer as inflation remains high

The Fed will not lower interest rates until a certain level of inflation reaches its target rate of 2%. (iStock) The Federal Reserve Board stated: Lack of inflationary developments Interest rates have fallen over the past few months, which is why they’re holding their own at this point. The central bank announced Wednesday that it […]

High levels of resistant bacteria found in uncooked meats and raw dog food

High levels of E. coli have been detected in uncooked meat and raw dog food sold in grocery store The infection occurred in the UK, according to research presented at the European Society for Clinical Microbiology and Infectious Diseases (ESCMID) World Congress in Barcelona last week. Researchers from the University of Bristol analyzed 58 samples […]

Home prices climb 6.4%, hit new record high in February: Case-Shiller

Home buyers won’t be concerned about home prices right away. (iStock) Home prices continued to rise in February, according to the latest S&P CoreLogic Case-Shiller National Home Price Index, defying expectations that rising mortgage rates could have a more pronounced negative impact on earnings and exceeding past expectations. Updated the highest. report. House prices are […]

Michelle Obama surprises high school students in DC on College Signing Day

Former First Lady Michelle Obama surprised high school students in Washington, D.C., Maryland and Virginia to celebrate College Signing Day and their commitment to pursue higher education. “You know, on a day when it’s important to look forward, I’d like to take a moment to look back with you,” she said. “Because I know it’s […]

Home prices surge to another record high in February, defying expectations

Home prices rose to a new record in February amid continued recession housing shortageEven though mortgage rates are high and affordability is out of reach for more Americans. Nationally, prices rose 6.4% year over year in February, the S&P CoreLogic Case-Shiller Index showed on Tuesday. This was up from the 6% annualized increase recorded in […]