For Amy Acton, politics has never been entirely divorced from medicine. Over the course of her professional life, she has worked as a hospital administrator, taught in the classroom, and worked in public health and community outreach, both within and outside the state. But the underlying theme that has remained constant is the question of … Read more
US inflation rose in September as consumers paid more for gasoline and other goods. The rise strengthened economists’ expectations that the Federal Reserve (Fed) could increase interest rates in December. US inflation rose to 3.6% in September, increasing expectations of a Fed rate hike in December. (Pexel/Representative image) (Pexel) The Personal Consumption Expenditures (PCE) Price … Read more
Elon Musk is pouring hundreds of millions of dollars into the US midterm elections, giving Republicans a major financial boost ahead of November’s vote. The world’s richest person has donated more than $445 million this election cycle, with millions going towards key Senate races and efforts to help Republicans win. Elon Musk has donated more … Read more
The US jobs report for September came in much weaker than expected, changing market expectations for the Federal Reserve’s October meeting. The US economy added only 29,000 jobs in September, far below economists’ expectation of 90,000 jobs. US jobs report, inflation and record diesel prices put pressure on the Fed rate outlook. (AFP) The unemployment … Read more
Keeping a low profile doesn’t come naturally to Donald Trump. Trump ‘low-key’ bets on economic pressure against Iran Yet that is the strategy the American president says he now favors in the war against Iran, and he is betting on economic pressure over diplomacy or new strikes. “We are low-keying it,” Trump told news site … Read more