interest

by Robert Romano   Gross interest owed on the $31.4 trillion national debt — that is, interest owed on both the $24.9 trillion publicly traded debt and the $6.7 trillion debt in the Social Security, Medicare and other trust funds —…

The Federal Reserve hiked its target federal-funds interest rate by a quarter of a percentage point Wednesday, the ninth in a series of hikes that started in March 2022. The hike brings the Fed’s…

by Jason Cohen   The Federal Reserve hiked its target federal-funds interest rate by a quarter of a percentage point Wednesday, the ninth in a series of hikes that started in March 2022. The hike brings Fed’s target rate to a range…

Another week without World War III kicking off in full makes this a pretty good week. Forget about the bank failures, the collapsing American prestige as China plays peacemaker in the Persian Gulf, the southern border chaos…

The nation needs the Congressional investigations, but they are, I caution again, predictably un-strategic, even awkward. Republicans stupidly sold the hearings as conclusive (thus inorganic), accordingly seen as partisan…

A majority of voters believe President Joe Biden has a conflict of interest when responding to aggressive actions by China, according to a recent poll. Of 1,082 respondents, 57.2% believe the Biden family’s personal business…

Time is sometimes the best healer of old wounds. Even between football teams and disgruntled wide receivers.A league source confirmed to the Beacon Journal on Friday that the Browns were among the teams in Arizona to watch Odell Beckham…

Federal Reserve Chair Jerome Powell said during testimony to the Senate Banking Committee Tuesday that, due to an unexpectedly strong economy in 2023 so far, the Fed may speed up interest rate hikes more than expected to combat…

by John Hugh DeMastri   The Federal Reserve is likely to further slow its historically aggressive pace of interest rate hikes at its Wednesday meeting as inflation cools, but consumers will still feel the pinch of higher interest…

The Federal Reserve is likely to further slow its historically aggressive pace of interest rate hikes at its Wednesday meeting as inflation cools, but consumers will still feel the pinch of higher interest rates, according to…