The U.S. Federal Reserve announced yet another interest rate hike Wednesday, the latest in a series of interest rate increases to address elevated inflation that experts say could have serious negative effects on the economy.
The Federal Reserve received mixed news in the latest data on U.S. inflation as it mulls another rate hike.
The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a percentage point on July 27, 2022.
The U.S. Federal Reserve announced another 0.75 percent rate hike Wednesday in response to inflation, which has soared to its highest level in more than four decades.
Oklahoma must return more than $652,720 of federal COVID relief funds that federal auditors said was used to purchase items that included television sets, phones and furniture.
South Dakota ended fiscal year 2022 with $72.3 million more revenues than estimated and $43.2 million less than budgeted, Gov. Kristi Noem said Monday.
Interest rates on mortgage loans are rising rapidly in the United States. As the Federal Reserve pursues an aggressive strategy of rate hikes to curb inflation, homebuyers are increasingly saddled with higher borrowing costs.
The Federal Reserve announced a 0.75 percentage point rate hike Wednesday to help combat soaring inflation, the largest rate increase since 1994.
Colorado's loan program for small businesses is expanding under a new bill signed into law recently by Governor Jared Polis.