Tagged News

• Federal Reserve hikes interest rate again in effort to control inflation

  July 27, 2022 2:59 PM

  WASHINGTON, D.C. - The Federal Reserve increased its benchmark interest rate .75% Wednesday as it attempts to control inflation. The Fed is trying to navigate skyrocketing inflation but avoid a recession. The .75% increase in July mimics one instituted in June, ABC News reported. The back-to-back hikes are... more »

• America is short on change; how COVID-19 caused a lack of coins in the U.S.

  June 22, 2020 10:16 AM

  Toilet paper may have made its return to most grocery store shelves across the U.S., but novel coronavirus has now hampered the country's supply of pocket change. According to NPR , banks across the U.S. are running low on nickels, dimes, quarters, and even pennies, causing the federal entity... more »