Fed Holds Rates Steady but Expects More Increases
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
Washington
Nato: Eye on China, US House panel wants India in Nato Plus bloc | India News – Times of India
WASHINGTON: In a significant development ahead of PM Narendra Modi's visit to the US, a powerful congressional committee has recommended...
Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress
EconomyU.S. EconomyOfficials voted unanimously to increase their benchmark short-term rate by a quarter percentage point Source link
Fed: Fed delivers small rate hike, says ‘some additional’ tightening possible – Times of India
WASHINGTON: The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was...
Biden’s Budget Sets Up Battle With GOP, Would Cut Deficits by $3 Trillion Over 10 Years
PoliticsPresident’s proposal would raise taxes on businesses and wealthy people Source link
Economy Week Ahead: U.S. Household Spending, Home Sales in Focus
EconomyEconomy Week AheadThe Federal Reserve also slated to release minutes about interest rates Source link
Fed’s Barkin Supports Measured Pace of Interest-Rate Increases
The central bank’s quarter-point rate-rise path gives greater flexibility, says Richmond Fed president. Source link
Trump S: Indian-American Nikki Haley announces 2024 presidential bid, marks Donald Trump’s first challenger – Times of India
WASHINGTON: Prominent Indian-American politician Nikki Haley is challenging her one-time boss, former President Donald Trump, for the 2024 Republican presidential...
Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus
EconomyEconomy Week AheadJob reports will gauge U.S. wages, openings and overall labor market, while Fed meets to consider raising rates...
US to start receiving H-1B visa applications from March 1 – Times of India
WASHINGTON: The highly anticipated H-1B visa filing season for fiscal 2023-24 will officially begin on March 1 when the US...
WSJ News Exclusive | IRS Delays Gig-Tax Filing Rule for Side Hustles of More Than $600
The Internal Revenue Service gives millions of Americans a one-year reprieve on new 1099-K tax-reporting requirements, offering relief to users...
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Most officials penciled in plans to raise rates above 5% next year, higher than previously expected. Source link
Here comes the Sun: Breakthrough in nuclear fusion – Times of India
WASHINGTON: In what is potentially the greatest breakthrough in chronicles of scientific progress and a turning point in human history,...
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
EconomyU.S. EconomyPolicy makers have signaled plans to dial back the pace of interest-rate increases, while warning rates could rise to...
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
EconomyCentral bank identifies near-term threats in Financial Stability Report Source link
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
Biden Rule Would Add More Gig Workers to Company Payrolls
The Biden administration is proposing a new rule that could put more gig workers on company payrolls, scrapping a Trump...
World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views
WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Fed Officials Back Another Large Rate Increase
A Federal Reserve official suggested he would support raising interest rates by another 0.75-percentage point later this month to combat...
