The Fed Will Cut Interest Rates At Least Twice in 2025, According to Wall Street. Here's What It Means for Stocks The soaring inflation from the pandemic is now in the rearview mirror, so the Federal Reserve is reversing its interest rate hikes from 2022 and 2023. Lower rates could boost consumer spending, which ... 12/6/2024 - 8:27 pm | View Link
Why Powell and the Fed should pause interest-rate cuts in December The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate by another quarter of a percentage point on Dec. 18, and then pause at its ... 12/6/2024 - 6:57 am | View Link
Cleveland Fed's Hammack favors slower pace of rate cuts than she did in September Cleveland Fed President Beth Hammack favors taking a slow pace in adjusting the Federal Reserve's policy rate, she said Friday at the City Club of Cleveland, according to prepared text. The strength ... 12/6/2024 - 4:00 am | View Link
Hammack Says Fed ‘At or Near’ Point of Slowing Rate Cuts Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are “at or near” the point where the central bank should slow the pace of interest-rate reductions, citing a strong economy ... 12/6/2024 - 4:00 am | View Link
Fed's Hammack says time to slow rate cuts may have arrived In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her options open when it comes to the central bank’s next policy meeting, as ... 12/6/2024 - 3:04 am | View Link
They play a vital role in deciding what NASA does and how it does it, and they also help build political support for space exploration.
Leaders of NASA sit in an awkward position. While they are the head of a widely recognized organization, they’re often not the most famous individual in the agency.
“When we look for what we can give to one another, we all come out so much farther ahead.”
Dan and I have been friends for three decades. Since he moved to Cleveland, we made a point of phoning once a year to keep in touch.
With Beryl and Milton, 2024 was the first Atlantic hurricane season since 2019 with two category 5 storms.
With the calendar turned to December, we now close the book on the unusually deadly and destructive Atlantic hurricane season of 2024. There were 18 named storms, 11 hurricanes, and five major hurricanes.
A lot of people believe that being positive will lead to success. But too much optimism can have an unfortunate downside.
A positive attitude can help you navigate challenges, and a can-do approach often propels you forward in life. We know that having the right mindset is an important piece of the success puzzle, but focusing solely on positivity can backfire if you want to deliver results, says Caroline Adams Miller, author of Big Goals: The Science of Setting Them, Achieving Them, and Creating Your Best Life.
A college internship at Disney led to an important business principle that carries forward.
Indulge me as I walk down memory lane—or, more appropriately, Main Street USA. For a summer during college in the early 1990s, I joined hundreds of eager students and walked through the gates of Walt Disney World’s Magic Kingdom Park.
Artificial intelligence can help with many types of work, but learning how to mitigate the “mind tax” is important.
I exist at the intersection of two worlds, management and artificial intelligence (AI), which are evolving at different paces. I’ve witnessed firsthand how generative AI tools can democratize access to knowledge, accelerate learning, and spark creativity in ways we never imagined possible.