WDRB3d
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame ...
How to Identify—and Stop—Those Pesky Car Warranty Scams
Car warranty scams are annoying and potentially dangerous. Here's why they're happening in the first place—and how to stop ...
The Washington Informer10d
Prescription Drug Price Hikes Hit Black Americans Hardest as Biden Pushes for Reform
Get the top stories of the day around the DMV. The high prescription costs are hitting ... exacerbate this financial strain ...
wjla17d
Federal rate cut could ease DC area's high rental costs: What to know
WASHINGTON (7News) — The Federal Reserve ... a month -- And renters in the DMV are paying about $500 more than the national average. The Fed rate cut of half a point is conservative, so you ...
Dayton Daily News20d
High insulin prices spur a federal lawsuit against three pharmacy benefit managers
the Federal Trade Commission alleged in a lawsuit filed Friday. Pharmacy benefit managers, or PBMs, run prescription drug coverage for insurers, large employers and other clients. They set up ...
Orange County Register20d
FTC sues drug middlemen over manipulating the insulin market
The US Federal Trade Commission sued units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. on Friday, accusing the drug middlemen of engaging in illegal rebate programs that drove up ...
Inc20d
The Federal Reserve Cut Interest Rates by a Half Point. Here’s What That Could Mean for Business Owners
The Federal Reserve cut interest rates Wednesday by a half-point, the first rate reduction in four years. The cut, which was bigger than some economists were expecting, comes amid signs that ...
scmp.com20d
EU and China trade negotiators fail to strike deal on electric vehicle imports
A European Commission readout described lengthy negotiations between EU trade commissioner Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao as “frank and constructive”.
Reuters20d
Social media users lack control over data used by AI, US FTC says
the U.S. Federal Trade Commission said in a report released on Thursday. Discord, a communications platform, said the report lumps very different business models into one category, and that it did ...
KWTX20d
Federal interest rate cut down half point, local experts weigh in on spending
the Federal Reserve announced they would be reducing the federal interest rate by 0.5 points, which has not gone down since the pandemic in 2020. When asked about why the Federal Open Market ...
NDTV20d
In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
Washington: The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs ...
CBS News21d
Social media companies, video streaming services engage in "vast surveillance" of users, FTC says
the Federal Trade Commission said Thursday. In a 129-page report, the agency examined how some of the world's biggest tech players collect, use and sell people's data, as well as the impact on ...