While India’s macroeconomic health is in a “relative goldilocks situation”, the prevailing global uncertainty means these may be “nervous but exciting times” for the economy, the Ministry of Finance said on Friday. “The brief Israel-Iran war, followed by the US intervention, pushed the price of crude oil sharply higher. Its persistence would have threatened India’s
Suzanne McGee, Saqib Iqbal Ahmed and Lewis Krauskopf | Reuters U.S. enters Israeli-Iran conflict, attacks three nuclear sites in Iran President Donald Trump said Saturday that the U.S. military struck three sites in Iran, directly joining Israel’s effort to decapitate the country’s nuclear program in a risky gambit to weaken a longtime foe amid Tehran’s
Benzinga | Detroit Free Press Trump slams Fed chair as interest rates hold steady amid tariff fears President Donald Trump criticized Federal Reserve Chair Jerome Powell after the Fed held rates steady, citing risks from Trump’s expanding tariffs. The president labeled Fed chair Jerome Powell ‘too late’ and ‘an American disgrace,’ arguing that the Fed’s
Wisconsin farmers and producers across the Midwest had more debt and less capital to start the year, increasing the stakes for the 2025 crop. The Federal Reserve Bank of Chicago, which covers southern and eastern Wisconsin along with states like Illinois and Iowa, and the Federal Reserve Bank of Minneapolis, which represents western and northern Wisconsin in
See the most expensive homes sold in the Des Moines metro in 2024 A look at the most expensive homes sold in Polk, Dallas, and Warren counties. Home mortgage interest rates are unlikely to drop anytime soon, despite comments by the Chicago Federal Reserve CEO during a recent Des Moines visit that rates could drop
The trade war hits stock markets — how can you protect your finances? The global trade war has hit the stock markets — this is how you can protect your finances. Americans may have gotten pretty good at tuning out negative news and predictions, at least when it comes to investing, a Wealthfront survey suggests.
QUINCY ‒ Quincy’s economic outlook has been revised downward from stable to negative, while maintaining its “AA” score on long-term debt, according to S&P Global’s ratings. “AA” is the third highest grade issued by the agency. The change stems in part from the $91.9 million loss on investment sustained by Quincy’s retirement system in 2022,
If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t
How to use a bolt, nut, screw gauge Using a bolt, nut and screw gauge takes the guesswork out of your project, helping you quickly identify the exact size you need. Rates for home loans dipped, but consumers’ economic uncertainty continues to weigh down the housing market. In the week ending May 1, 30-year fixed-rate
Benzinga | Detroit Free Press Trump suggests China tariffs will ‘come down substantially’ President Donald Trump suggested the China tariffs will “come down substantially.” Reports suggested China is considering suspending its 125% tariff on select U.S. imports, following indications that Washington may cut tariffs on Chinese goods. The S&P 500 has now recouped nearly 80%