In 1913, Congress gave the Federal Reserve a clear and narrow mission: Safeguard the value of our money and support stable employment. The Fed, like the U.S. Department of Education, U.S. Agency for International Development and others that have come under attack by President Donald Trump's administration, has strayed far from its original purpose.
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The U.S. Federal Reserve is under siege. President Donald Trump threatens to fire Chair Jerome Powell. The Supreme Court has confirmed that the chair can't be dismissed except "for cause"- a threshold that the renovation-cost overruns the president has cited don't meet.
The debate over the effects of minimum wages has a long history. In a very simple Economics 101 supply-and-demand analysis it is shown that there are winners and losers. Should the Federal Reserve lower or raise interest rates?
The claim: House Democratic Whip Katherine Clark, D- Mass., the second-highest ranking House Democrat, said in a Sept. 12 X post, " Republicans are spiking health insurance premiums by 75% for everyday Americans" if they don't extend the enhanced Affordable Care Act subsidies. With federal government funding set to run out Oct. 1 unless Congress passes an extension,…
Democrats came together in near unison to defeat the measure on a 44-48 vote, with only Pennsylvania Sen. Democrats blocked the resolution, which would fund government until Nov. 21, after Republicans defeated an alternative Democratic proposal to fund government until Oct. 31, extend health insurance subsidies and restore nearly $1 trillion in Medicaid…
-The Federal Reserve just delivered the rate cut that Wall Street predicted, trimming the federal funds rate by 0.25 percentage points. The new target range is now 4.00% to 4.25%. In August 2025, Federal Reserve Chair Jerome Powell signaled rate cuts in a speech at the Fed's annual symposium in Jackson Hole, Wyo. Powell noted that "the baseline outlook and the…
Created by Congress in 1913, the U.S. Federal Reserve is America's central bank. Between March 2022 and July 2023, the Fed raised the fed funds rate from near-0% to a level between 5.25%-5.5%, a 17- year high. The Fed's goal was to help reduce inflation, which had soared to a 41- year high of 9% in July 2022.
–The EUR/USD started last week’ s trading around the 1.17300 vicinity, but early on began to show signs of buying action seep into the currency pair.– The U.S Federal Reserve was a known factor early last week and was anticipated to lower its Federal Funds Rate on Wednesday.– The currency pair EUR/USD was trading near the 1.18600 realm before the U.S Fed made its FOMC…
The Federal Reserve on Sept. 17, 2025, cut its target interest rate as it shifts focus from fighting inflation to supporting the choppy labor market. The Fed’ s decision to begin cutting rates comes as evidence mounts that the U.S. labor market is losing momentum. Here are some the data points I’ ve been following most closely to better understand where the U.S….
Nebraska's rural economy is sputtering, with tariff-related uncertainty compounding challenges that farmers have faced for several years. That's the picture painted this week by the September report from the Rural Mainstreet Index, a survey of rural bank CEOs compiled by Creighton University economist Ernie Goss. The Nebraska reading dropped from 43.2…
Nebraska's rural economy is sputtering, with tariff-related uncertainty compounding challenges that farmers have faced for several years. That's the picture painted this week by the September report from the Rural Mainstreet Index, a survey of rural bank CEOs compiled by Creighton University economist Ernie Goss. The Nebraska reading dropped from 43.2…
Created by Congress in 1913, the U.S. Federal Reserve is America's central bank. Between March 2022 and July 2023, the Fed raised the fed funds rate from near-0% to a level between 5.25% 5.5%, a 17- year high. The Fed's goal was to help reduce inflation, which had soared to a 41- year high of 9% in July 2022.
WASHINGTON— The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the U.S. labor market. Stephen Miran, President Donald Trump's appointee confirmed Monday in the Senate the same day an appeals court refused to go along with Trump's…
Nebraska's rural economy is sputtering, with tariff-related uncertainty compounding challenges that farmers have faced for several years. That's the picture painted this week by the September report from the Rural Mainstreet Index, a survey of rural bank CEOs compiled by Creighton University economist Ernie Goss. The Nebraska reading dropped from 43.2…
Tuck Clinical Professor Lindsey Leininger joins the podcast to discuss new research with alum Courtney Bragg T' 18 on the unmet health and social needs of laundromat usersand what their findings reveal about health insurance gaps. Lindsey Leininger: Now that we know this model can work, I think you're going to catch a lot of people. Kirk Kardashian: Hey, this is…
The following information was released by the Tennessee Department of Commerce and Insurance:. NASHVILLE Tennessee Governor Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. To support the proclamation, the Tennessee Department of Commerce and Insurance highlights the importance of life insurance coverage, which can…
Higher premium notices will begin landing in mailboxes next month, unless Congress acts sooner to extend enhanced federal subsidies that make health insurance affordable for most of the 415,000 Virginians who buy coverage on the exchange the State Corporation Commission operates. With congressional midterm elections looming next year, Virginia…
Higher premium notices will begin landing in mailboxes next month, unless Congress acts sooner to extend enhanced federal subsidies that make health insurance affordable for most of the 415,000 Virginians who buy coverage on the exchange the State Corporation Commission operates. With congressional midterm elections looming next year, Virginia…
Sarah Sanders said she had "secured average rate increases that are 35.8% lower than previously proposed" from BlueCross and Centene, the two insurance companies that sell plans on the Arkansas Health Insurance Marketplace. Sanders, who publicly slammed BlueCross and Centene in August for proposing "insane" 2026 rates, claimed this as a victory for Arkansans.
