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December 22, 2024 Languages

US economy

Iranpress: World Newspapers: Fed Goes Big with Half-Point Rate Cut

World Newspapers: Fed Goes Big with Half-Point Rate Cut

Thursday, 19 September 2024 21:22

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The Federal Reserve reduced the target for its key lending rate by 0.5 percentage points, to the range of 4.75%-5%. 206

Iranpress: World Newspapers: Powell Tees Up Rate Cuts

World Newspapers: Powell Tees Up Rate Cuts

Saturday, 24 August 2024 21:23

After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday to start lowering rates next month — with fingers crossed that it’s not too late to avoid a recession.206

Iranpress: World Newspapers: Harris Lays Out Economic Vision for Middle Class

World Newspapers: Harris Lays Out Economic Vision for Middle Class

Saturday, 17 August 2024 21:33

In her first major policy speech, the vice president argued that her Republican opponent was too focused on the past, painting herself as someone who would protect the middle class for generations.206

Iranpress: World newspapers: Bankers feel sting as their bonuses fall again

World newspapers: Bankers feel sting as their bonuses fall again

Monday, 29 January 2024 21:32

This bonus season is shaping up to be another underwhelming one for bankers on Wall Street as lackluster deal activity pushes down the closely watched annual payouts.

Iranpress: World newspapers: Economy isn

World newspapers: Economy isn't number one for many voters

Wednesday, 10 January 2024 20:56

In our new USA TODAY/Boston Globe/Suffolk Poll, democracy and immigration outrank the economy on voters' minds.

Iranpress: World Newspapers: Fed starts the pivot toward lowering rates

World Newspapers: Fed starts the pivot toward lowering rates

Thursday, 14 December 2023 21:59

The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last two years is at an end and lower borrowing costs are coming in 2024. 206

Iranpress:

'Big Apple' or 'Big Chaos'؛ America is the land of broken dreams

Saturday, 19 August 2023 17:34

IP- These days, many people in the world are trying to immigrate to the United States as the so-called land of opportunities, but apparently, the conditions have changed, and today, America is considered a land of destroyed dreams and chaos not the land of opportunity, this is said by immigrants who leave their country and family with the same mentality.

Iranpress: World Newspapers: Justices say no to student loan relief

World Newspapers: Justices say no to student loan relief

Saturday, 01 July 2023 20:29

The US Supreme Court has struck down US President Joe Biden's proposal to wipe out billions in student debt. The 6-3 ruling effectively cancels the plan, which would have forgiven about $10,000 per borrower - and up to $20,000 in some cases. The decision affects the loans of more than 40 million Americans. 203

Iranpress: World Newspapers: Failures of globalization shatter long-held beliefs

World Newspapers: Failures of globalization shatter long-held beliefs

Sunday, 18 June 2023 21:43

When the world’s business and political leaders gathered in 2018 at the annual economic forum in Davos, Switzerland, the mood was jubilant. Growth in every major country was on an upswing. The global economy declared Christine Lagarde, then the managing director of the International Monetary Fund, “is in a very sweet spot.” Five years later, the outlook has decidedly soured. 206

Iranpress: World newspapers: US debt talks may not alter spending path

World newspapers: US debt talks may not alter spending path

Thursday, 25 May 2023 20:59

Negotiators have focused on a relatively small corner of the budget, shunning new revenues or cuts to the fastest-growing programs.

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