The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace of rate hikes. The U.S. central bank has raised the benchmark short-term borrowing rate a total of six times this year, including 75…
The dollar slipped on Wednesday as investors awaited a Federal Reserve policy decision amid speculation it might indicate a slowdown in future rate hikes. The central bank will release its policy statement at 2 p.m. EDT (1800 GMT), with investors widely expecting a 75 basis points (bps) rate hike,…
The Federal Reserve’s war on inflation isn’t just painful for home buyers and people with credit card debt. Uncle Sam is getting squeezed by higher borrowing costs, too.The cost to finance America’s growing mountain of debt is rising rapidly as the Fed scrambles to put out the inflation…
Businesses that operate based on seasonality often experience more significant fluctuations than other businesses. Those located in towns most popular during summer might now be gearing up for their busiest period. In contrast, those who thrive in winter may be experiencing a drop-off as warmer weather arrives.No matter…
“Based on our success, the city of Mainz and the whole region is interested in investing in, and attracting, more biotechs,” says Ugur Sahin, BioNTech’s co-founder and chief executive — referring to the group’s hometown near Frankfurt. “This region [of Germany] used to be the ‘pharmacy of the world’…
BLOUNTVILLE — The release last week of the state’s annual audit of Sullivan County’s financial records has led to plans for meetings between county school system officials and the county’s finance department. At a meeting Friday of the county’s financial management committee, County Finance Director Larry Bailey said…
Marketing and Communications Manager. Two Pittsburgh nonprofits are teaming up to hire a full-time Marketing and Communications Manager. Grounded Strategies, "working to improve community health through the process of advancing environmental justice, building capacity, and transitioning land use liabilities into community assets," and Landforce, "nourishing a culture of self-empowerment for…
The buzz has been about Moore’s position to block banking West Virginia’s public dollars with financial institutions hedging against fossil fuel investment. who don’t want to do business with us,” Moore told Ingraham. “I applaud your efforts,” the opinion host commented. And she concluded the segment by saying, “It’s inspiring.…
Nowadays, dispatches from the impossibly hot pandemic-era labor market have become a bit anticlimactic. Yet they’re still worth highlighting, given that employers are still trying to cope with excess demand and open jobs, and the Omicron variant crashing down on the economy — driving new infections to over 1…
It was recently announced that the $MIL token, created by Military.Finance - a team dedicated to supporting our military heroes, has been selected as "The Hottest Crypto To Watch In 2022" by Crypto Weekly Magazine. After taking their first token from $10K to $70 million market cap in…
