The Federal Reserve cut interest rates by a quarter percentage point on Wednesday to 3.75-4.00% and said it would end its balance-sheet runoff on Dec 1. But the bigger news came in Chair Jerome Powell ...
Reports of halted research and clinical trials contradict Health Secretary Robert F. Kennedy Jr.’s statement that the Trump administration hasn’t cut science and research. One recent research letter ...
The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...
Did the Department of Government Efficiency deliver on its promise to cut government spending? President Donald Trump’s DOGE has disbanded, but not before it cut hundreds of thousands of federal jobs ...
Former Council of Economic Advisers chair Jason Furman believes the Federal Reserve should not cut interest rates at its upcoming meeting, despite bond market odds suggesting a 90% probability of a ...
In front of a George Washington University audience, however, Kennedy downplayed the budget slashing. His thesis: The administration cut bureaucracy, not research. "We’re not cutting science," Kennedy ...
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