Alex Mac 35 posts

Private job growth in the U.S. continued to slow in July, adding just 122,000 jobs, according to a report by payroll processing firm ADP. This figure is the lowest since January and falls short of the expected 150,000 jobs…

The Biden administration is set to reinitiate efforts to forgive student loans for millions of Americans after the Supreme Court blocked a previous attempt last year. The U.S. Department of Education announced that it will…

The Federal Reserve announced on Wednesday that it will keep interest rates unchanged for now, but signaled that a rate cut could be on the horizon in September. This news comes as recent economic data suggests a cooling in…

Federal Reserve Chair Jerome Powell suggested on Wednesday that the central bank might cut interest rates at its September meeting if economic conditions continue to improve. Key Points from Powell's Statement:…

On Wednesday, the Federal Reserve decided to keep short-term interest rates unchanged while acknowledging progress in reducing inflation. This move suggests that the Fed is edging closer to potentially cutting rates in the…