UPDATE: Federal Reserve won't change its key interest rates. Here's what to know
The Federal Reserve isn’t satisfied prices are stabilizing enough
Source: yahoo.com
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Will the Federal Reserve cut interest rates this week? What experts say
The Federal Reserve meets Tuesday and Wednesday.
Source: yahoo.com
Why wealthy people leaving California is bad economic news
New migration data show that for several years, thousands more high-earning, well-educated workers have left California than have moved in.
Source: napavalleyregister.com
The total US national debt reached $34 trillion for the first time Expert: The outlook is quite grim
The total US national debt reached $34 trillion for the first time. Expert: The outlook is quite grim. The Congressional Budget Office's January 2020 projections indicated that the federal debt would exceed $1 trillion in fiscal year 2029. But with the pandemic shutting down much of the U.S. economy, debt is growing faster than expected.. We are adding $2 trillion in debt every year while unemployment is near historic lows. ”Marc Goldwein, senior vice president of the Council for Responsible Federal Budgets, a Washington-based think tank.
Source: tellerreport.com
Rich people are leaving California. That's bad for the economy
In a reversal from past decades, more college graduates and professionals are moving out of California than coming into it to escape the higher taxes and cost of living.
Source: latimes.com