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Federal Reserve sees some progress on inflation but envisions just one rate cut this year Federal Reserve sees some progress on inflation but envisions just one rate cut this year 06/12/2024 05:40pm • WASHINGTON (AP) — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year. The policymakers' forecast for one rate cut was down from their previous p Biden and Zelenskyy will sign a security deal, as G7 leaders agree to use Russian cash to help Kyiv Biden and Zelenskyy will sign a security deal, as G7 leaders agree to use Russian cash to help Kyiv 06/12/2024 05:27pm • BRINDISI, Italy (AP) — President Joe Biden and President Volodymyr Zelenskyy will sign a bilateral security agreement between the U.S. and Ukraine on Thursday when they meet on the sidelines of the Group of Seven summit in Italy, as negotiators for the group have reached an agreement on how to pro US inflation cooled in May in a sign that price pressures may be easing US inflation cooled in May in a sign that price pressures may be easing 06/12/2024 03:56pm • WASHINGTON (AP) — Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed. The trend, if it holds, could move the Federal Reserve closer to cutting its benchmark interest rate from its 23-y Rising stars in men's soccer to feature at the Paris Olympics 06/12/2024 02:26pm • The men’s Olympic soccer tournament will be a showcase for some of soccer's rising talents. An age restriction of under 23 plus three overage players means the participating nations will call on some of their best young prospects and those pushing to force their way into their senior teams. It mea Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry 06/12/2024 12:42pm • FRANKFURT, Germany (AP) — The European Union moved Wednesday to hike tariffs, or import taxes, on electric vehicles made in China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and the Asian nation's burgeoning exports of green technology to the 27-nat Pakistan’s new government presents its first budget as it seeks a new long-term IMF bailout 06/12/2024 12:39pm • ISLAMABAD (AP) — Pakistan’s new coalition government presented its first budget in parliament on Wednesday, promising an increase of up to 25% in the salaries of government employees and setting an ambitious tax collection target while talks with the International Monetary Fund about a new bailo Zelenskyy appeals for help with Ukraine's energy network as recovery conference opens Zelenskyy appeals for help with Ukraine's energy network as recovery conference opens 06/11/2024 11:53pm • BERLIN (AP) — Ukrainian President Volodymyr Zelenskyy on Tuesday appealed for short-term help in repairing his country's electricity network and long-term investment in its energy system at a conference to gather support for Ukraine's recovery from the destruction wreaked by Russia’s war. Starti Gunman wounds 3 in Atlanta food court before being shot by officer, police say Gunman wounds 3 in Atlanta food court before being shot by officer, police say 06/11/2024 11:24pm • ATLANTA (AP) — A gunman shot three people at a food court in downtown Atlanta before he was shot by a police officer Tuesday afternoon, authorities said. All four people who were shot at the Peachtree Center food court are expected to survive, including the suspect, according to Atlanta Police Chi 5 Best Charles Schwab Money Market Funds 06/11/2024 08:00pm • Keeping some cash on hand as "dry powder" can be a useful strategy for beginner and advanced investors alike. Cash can serve as a psychological aid to stay invested during periods of market volatility, enable dollar-cost averaging or provide the opportunity to take advantage of a downturn to buy the 7 Dividend Stocks to Buy and Hold Forever 06/11/2024 08:00pm • Identifying stocks to buy and hold for decades rather than months or years can be difficult. The world and the economy are constantly changing, creating risks for long-term investors. A dividend payment from a large, profitable company with a leading market share in a stable or growing industry is a 16 Things to Do When You're Deep in Debt 06/11/2024 08:00pm • Americans are carrying a lot of debt. According to the Federal Reserve Bank of New York's Center for Microeconomic Data, total household debt increased by $212 billion in the fourth quarter of 2023, making it so that everyone owes a collective $17.5 trillion. In addition, America's credit card balan 9 Best Small-Cap Stocks to Buy in 2024 06/11/2024 08:00pm • Many investors find comfort in large blue-chip stocks with deep pockets and established brands. But while dominant, some mega-cap companies can also be a bit complacent. After all, if you have billions in revenue and millions of customers, simply acting as caretaker to an existing business is someti Survey: Unwilling to Sell, Many Homeowners Remodel Instead 06/11/2024 08:00pm • Today's homeowners have a problem that many aspiring first-time homebuyers would be lucky to have: Their mortgage rates are too low to give up, and their monthly payments are too cheap to trade in. Some homeowners don't want to move and sacrifice their lower housing payments, and others can't afford Amazon adds $1.4 billion to affordable housing fund for regions where it has corporate offices Amazon adds $1.4 billion to affordable housing fund for regions where it has corporate offices 06/11/2024 07:11pm • NEW YORK (AP) — Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more affordable housing in regions where the company has major corporate offices, CEO Andy Jassy announced Tuesday. The Seattle-based company said the new sum would go on top of the $ Biden's student loan work gets tepid reviews — even among those with debt, an AP-NORC poll finds Biden's student loan work gets tepid reviews — even among those with debt, an AP-NORC poll finds 06/11/2024 05:53pm • WASHINGTON (AP) — As he campaigns for reelection, President Joe Biden frequently touts his work on student debt, pointing to the millions of people who received cancellation under his watch. Yet relatively few Americans say they're fans of his work on the issue, even among those who have student l
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