(The Center Square) – The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates.
(The Center Square) – Investors are predicting another rate cut at the Federal Reserve’s meeting next week after a better-than-expected inflation report Friday, while stocks reached new highs.
(The Center Square) – The U.S. Bureau of Labor Statistics released inflation numbers for August Thursday, revealing an 0.4% increase in consumer prices that exceeded projections of 0.3%.
(The Center Square) – The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that the Fed may soon lower interest rates.
(The Center Square) — The California Legislature this week passed a bill to give at least 2% of interest on insurance payments to owners of homes that need rebuilding or repair from natural disasters.
(The Center Square) - Since California Gov. Gavin Newsom took office in 2019, state debt payments on unemployment benefits have gone from zero to nearly $600 million this year, and could soon result in annual payroll tax increases of nearly $500 per employee, according to an analysis by The Center Square.
(The Center Square) – A recent report on the automotive industry found that tariffs have not yet had an impact on car sales in Colorado.
(The Center Square) – Existing-home sales declined 2.7% in June as prices hit record highs, according to the National Association of Realtors.
(The Center Square) — U.S. Rep. Abe Hamadeh urged Federal Reserve Chairman Jerome Powell to resign, citing Powell's unwillingness to lower interest rates.
