How the Fed Can Cut Rates This Summer Without Cutting Rates Fed Chair Jerome Powell said the central bank would hold interest rates steady and signaled the likelihood of just one rate cut for this year. Photo: Kevin Dietsch/Getty Images The Federal Reserve ... 06/13/2024 - 7:00 am | View Link
Fed Keeps Rates Steady and Forecasts Only One Cut This Year The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected. Federal funds ... 06/12/2024 - 10:04 am | View Link
Fed decision buys more time for savers to profit from high interest rates And many online high-yield accounts continue to offer rates of 5% or more. Say you have $10,000 in savings. If you leave it parked in a regular savings account at 0.5%, you’ll get $50 in ... 06/12/2024 - 8:21 am | View Link
The Fed Holds Rates Steady and Predicts Just One Reduction This Year While the Fed had been expected to leave rates unchanged, its projections for how interest rates may evolve surprised many economists. When Fed officials last released quarterly economic estimates ... 06/11/2024 - 1:00 pm | View Link
The Fed is winning its battle against inflation. So why isn’t it cutting rates? Officials are all but certain to leave rates unchanged regardless of the forthcoming May Consumer Price Index report set to be released Wednesday at 8:30 am ET, just hours before the Fed’s ... 06/11/2024 - 1:39 am | View Link
Many countries have seen extremely hot weather lately, but in most of the inhabited world, it’s never going to get ‘too hot for people to live here,’ especially in relatively dry climates.
Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to curiouskidsus@theconversation.com.
The new textile was designed to combat the urban heat island effect, reflecting both the sun’s heat and the heat that bounces off of buildings and streets.
When a heat wave hits a city, the sidewalks, roads, and buildings end up making the air feel even hotter. Thanks to the urban heat island effect, all that infrastructure absorbs and then reemits the sun’s heat, raising temperatures even more.
Officials believe micro communities, unlike shelters, offer stability that, when combined with wraparound services, can more effectively put residents on the path to secure housing.
In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home.
The Oregon city imposed a 1% tax on its biggest businesses, with the money going to communities most impacted by climate change. But there’s controversy about what that means.
Cities all across the U. S. are struggling with a range of concerns, from an unhoused population that soared 12% last year to continued fears of violent crime despite recent declines; an increasing number of drug overdose deaths; and COVID-emptied downtowns that are being reconfigured and rethought.
The GE Vernova CEO talks about why the electrical grid desperately needs a ‘new brain’ on the latest episode of the ‘Rapid Response’ podcast.
Can nuclear energy, solar and wind farms, and carbon capture scale fast enough to save the planet? GE Vernova CEO Scott Strazik details how green energy is evolving in 2024.
A new book tells the modern history of the ‘Big Muddy’ as a tragedy wrought by colonial hubris.
In an often-excerpted passage from his memoir, Life on the Mississippi, Mark Twain describes how his perceptions of the Mississippi River changed after he spent months piloting a steamboat up and down its muddy length.