He’s the presumptive Republican presidential nominee, but make no mistake, Donald Trump was the headliner at the Libertarian National Convention.
Politics and Government
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Overtime doubled the base pay of some Clark County firefighters in 2022, records show.
The latest figures on consumer prices threaten to torpedo the prospect of multiple interest rate cuts from the Federal Reserve this year.
The Federal Reserve left a key interest rate unchanged for now, but its statement indicates the central bank has shifted toward considering rate reductions.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and Chairman Jerome Powell said inflation has cooled.
The Fed kept its benchmark interest rate at its highest level in 22 years but left the door open for further rate hikes if inflation pressures accelerate.
The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
The Federal Reserve’s decision indicates that it is moderating its fight against inflation as price pressures have eased.
The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come.
The Biden administration plans to freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic, according to an administration official familiar with the White House’s decision-making.