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Inflation-wary US rate options market cautiously prices for 2024 Fed hike

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a quarter percentage point this year and next as U.S. inflation and the ...
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Affluent Americans are driving US economy and likely delaying need for Fed rate cuts

WASHINGTON (AP) — Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. She’s planning multiple other trips, including to a science fiction convention in Scotland and a Disney ...
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Compensation rate increase for veterans with disabilities, survivors proposed

(The Center Square) – Federal legislation has been proposed, led in part by a North Carolina congressman, to increase the rates of compensation for veterans with service-connected disabilities ...
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Hot inflation likely to delay interest rate cuts. Heres what to expect

(NEW YORK) -- Consumers saddled with high credit card and mortgage rates held onto a source of solace in recent months: A forecast from the Federal Reserve promising long-awaited interest rate cuts.The economy has refused to cooperate, however, casting that financial relief into doubt.Fresh ...
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Pritzker defends ILs tax credits while MO looks to slash corporate rate

(The Center Square) – While Illinois looks at tax credits for gifting endowments, student loans, hiring journalists and music companies, Missouri is looking at phasing out not just ...
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Fed Chair Jerome Powell pumps brakes on rate cuts

(WASHINGTON) -- The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday.Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price ...
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Cancer rate among Air Force missileers prompts questions, concerns

It is a little-known mission within the United States Air Force that operates almost entirely underground, shrouded in secrecy – and is critical to national security.Those tasked with the job are known as missileers. Their work requires them to be on alert 24/7, and ...
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Fed holds interest rates steady, postponing rate cuts amid stubborn inflation

(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The move pushes back rate cuts that the central bank expects to make some time this year.The Fed Funds rate ...
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Fed to announce interest rate decision as inflation hits rough patch

(WASHINGTON) -- The Federal Reserve is set to announce an interest rate decision on Wednesday, revealing its latest move in a yearslong battle to dial back price increases.The decision arrives roughly a week after fresh inflation data showed inflation ticked up in February, the ...
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Iowas unemployment rate at 3%

(The Center Square) – Iowa's latest jobs report shows mixed results as the unemployment rate remained the same and the labor force participation rate declined slightly. ...
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Childrens MMR vaccine rate drops 2%, 250,000 kindergarteners vulnerable to measles: CDC

(NEW YORK) -- National MMR coverage has dropped 2% from the 2019-2021 school year to the 2022-2023 school year, which means approximately 250,000 kindergartners are at risk for measles infection around the country, according to the Centers for Disease Control and Prevention.The 93.1% rate ...
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Children’s MMR vaccine rate drops 2%, 250,000 kindergarteners vulnerable to measles: CDC

(NEW YORK) -- National MMR coverage has dropped 2% from the 2019-2021 school year to the 2022-2023 school year, which means approximately 250,000 kindergartners are at risk for measles infection around the country, according to the Centers for Disease Control and Prevention.The 93.1% rate ...
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