When will the Fed begin to cut interest rates? It’s a mystery
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How America’s Military-Industrial Complex Wins All of Its Wars Against America’s Taxpayers
Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) As has been documented by such authorities on U.S. military spending as Winslow T. Wheeler, Robert Higgs, and others, America spends each year around $1.5 trillion for its military but hides at least around $800 billion of it (so as for the U.S. not to be publicly recognized as spending […]
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Banks Pay Savers More to Stay Amid Steep Interest Rates
For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years ago, the Financial Times noted in a report Sunday (April 28) on the phenomenon. Among the lenders in question is Wells Fargo, which paid almost $594 million more in fees to depositors […]
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Could the Fed cut interest rates based on this week’s economic data?
The Federal Reserve will be watching jobs and unemployment numbers, as well as a manufacturing index and other private sector reports.