The 47th president-Elect has announced that former Wisconsin Congressman Sean Duffy will serve as the U.S. Secretary of Transportation.
By Victor Lopez November 18, 2024 (Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
President Joe Biden read out the instruction “pause” while addressing union members.