? Recently, the Federal Open Industry Committee boosted desire charges by 75 foundation points. The determination could have a substantial influence on these implementing for […]
Tag: Federal
L.A. Lakers received $4.6 million from federal loan program — but returned it
The Los Angeles Lakers qualified for and received approximately $4.6 million from the government’s Paycheck Protection Program, which was established to provide relief to small […]
Senators urge federal contractor accused of flouting CDC rules to meet with worried workers
Six U.S. senators on Friday urged a federal contractor accused of failing to follow social distancing guidelines at a Mississippi call center to meet with […]
Is the Federal Reserve helping Main Street or Wall Street?
The Federal Reserve pledged Wednesday to keep interest rates at current levels, while noting that the coronavirus pandemic will continue to weigh heavily on the […]
Texas governor wants to ‘slowly’ reopen business. Trump says that’s the federal government’s decision.
Texas Gov. Greg Abbott plans to sign an executive order this week to reopen parts of the state’s coronavirus-ravaged economy, but President Donald Trump says […]
Wall Street soars after Federal Reserve announces new $2.3 trillion emergency plan
The Dow Jones Industrial Average surged by 450 points Thursday, after the Federal Reserve announced $2.3 trillion in emergency programs to shore up the economy. […]
Federal Reserve unveils details of $2.3 trillion in programs to help support the economy
The Federal Reserve on Thursday released long-awaited details regarding its Main Street business lending program and several other initiatives it is undertaking to backstop the […]
Federal Reserve cuts rates to near zero in emergency action
The Federal Reserve cut interest rates to nearly zero Sunday, an emergency move that represented its second attempt to stimulate an economy that has been […]
Why did the Federal Reserve inject half a trillion dollars into the financial system?
Wall Street briefly pared its losses on Thursday as investors reacted to the Federal Reserve’s announcement that it would dramatically increase liquidity by injecting as […]