Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms The description of the dilemma the Fed faced in balancing its twin mandate of maintaining a healthy labor market and economy while also keeping prices stable came in the minutes o ... 12/4/2024 - 7:44 am | View Link
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates. 12/4/2024 - 6:55 am | View Link
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief. 12/4/2024 - 5:13 am | View Link
Inflation threatens Fed rate-cut expectations once again. Here’s why. With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ... 12/4/2024 - 4:12 am | View Link
Powell Remarks Watched for Sign of Pushback or Support of Fed Rate Cut The Fed chair in fact has pressed on the need for the central bank to keep its options open at a time of increased uncertainty about the shape of broader economic policy in the coming year, some ... 12/4/2024 - 3:00 am | View Link
As public outrage grows over the U. S. healthcare system, some social media creators say they’re using TikTok payouts of $1 per 1,000 views to raise money for treatment costs.
“POV: you watched 3 times so my mom can pay for her medical bills,” reads one post on TikTok with more than 44 million views.
TikTok is now facing a ban if it doesn’t divest from ByteDance. The ruling could be appealed to the Supreme Court before the ban takes effect on January 19.
A U. S. federal appeals court ruled on Friday in favor of upholding a law requiring China-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.
Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October.
America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls.
In November, Denver’s housing market experienced a significant increase in active listings over a year ago. That’s pushing sellers to lower prices and offer more incentives, such as repair credits and interest rate buydowns.
According to the November Denver Metro Association of Realtors monthly report, while the number of active listings at month’s end (9,310) was down 15% from October’s 10,940 homes, it was up 39% from November 2023’s 6,684 available homes.
Wash Park Grille, a mainstay along South Gaylord Street since 1997, was seized by the city on Wednesday for not paying $33,358 in sales taxes.
“We’re picking up the pieces,” said owner Jeff Estey, who is rushing to reopen. “We’re getting funding. I’ve got people from around the city and the state pitching in because they want to see me survive.”
In the meantime, the city’s finance department has locks on the Italian restaurant, along with the neighboring Agave Taco Bar, which Estey also owns and also is working to reopen.
The unpaid tax bills date back to April, June and September, according to a public notice.