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Fed Meeting Latest News: Powell Set to Raise Interest Rates a Half Percentage Point The Federal Reserve is set to ratchet up on Wednesday its efforts to withdraw the unprecedented stimulus it showered on the U.S. economy after the coronavirus pandemic upended global economies two years ago. Fed officials are poised to raise their ...
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Fed hikes rates by half a percentage point in fight against inflation The sharpest rate increase since 2000 comes as the Fed tries to slow down the economy without causing a recession ... The Federal Reserve raised interest rates Wednesday by half a percentage point and scaled back other pandemic-era economic supports, ...
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Lyft's stock is tanking on driver shortage fears. Uber doesn't have the same problem That was certainly the case Tuesday evening, when Lyft CEO Logan Green said efforts to boost the number of ride-share drivers are moving as slow as the ill-fated vessel, requiring an investment in incentives to attract chauffeurs.
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Cinco de Mayo 2022 deals: Find free food, taco specials, discounted margaritas and more savings Load up your plate with free tacos, burrito deals, margarita specials, free delivery and even a few pizza discounts. Cinco de Mayo recognizes the Mexican army's 1862 victory over France, but it's not considered ...
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Here's how higher rates will impact you New York (CNN Business) The Covid era of free money is over, and the Federal Reserve is stepping up its fight against inflation. Fed officials raised the central bank's benchmark interest rate by ...
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Stanford University Announces Largest Gift In Its History - $1.1 Billion From John And Ann Doerr The new school will focus on eight areas of scholarship: climate change, Earth and planetary sciences, energy technology, sustainable cities, the natural environment, food and water security, human society and behavior, and human health and the environment ...
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The Fed was late to inflation. Will it miss the next big risk? What's happening: The central bank is expected to hike interest rates by half a percentage point on Wednesday for the first time since 2000. Investors think it will deliver hikes of the same magnitude in June and July.
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Bill Gates on Elon Musk feud and Jeffrey Epstein meetings In a wide-ranging interview with the BBC's Today programme, Bill Gates says conspiracy theories about him are "crazy" and that being shouted at in public is "awful". He also told the BBC's Mishal Husain that meeting Jeffrey Epstein was a "mistake" and ...
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Man taped to a seat for assaulting flight staff gets 60 days in jail Maxwell Berry, 23, pleaded guilty to three counts of assault within maritime and territorial jurisdiction in the incident, which occurred in-flight in summer 2021. After sentencing, his attorney, ...
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Fed issues biggest rate hike in 22 years New York (CNN Business) The Federal Reserve said Wednesday it is raising interest rates by a half-percentage point to get a handle on the worst inflation America has seen in 40 years. It's the first time in 22 years that the central bank has hiked ...
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