Fed raises benchmark rate to 3.75%-4% in first hike since 2023
The Federal Reserve increased its benchmark federal funds rate by 25 basis points on Wednesday, lifting the range to 3.75%–4%.
Read MoreNews and opinion for Michigan, Eaton County, and the Mulliken area
News and opinion for Michigan, Eaton County, and the Mulliken area
Markets, jobs, prices and the economy.
The Federal Reserve increased its benchmark federal funds rate by 25 basis points on Wednesday, lifting the range to 3.75%–4%.
Read MoreFederal Reserve Chair Kevin Warsh is poised to raise the benchmark rate Wednesday, as markets anticipate a hike after inflation
Read MoreOn Tuesday, the Senate failed to advance the Clarity Act to the floor for a formal vote, stalling the digital
Read MoreTwo crypto-related bills are set for consideration by the U.S. House this week, including a measure that would exempt qualifying
Read MoreSen. Thomas Albert introduced a 53‑bill package last year that would dissolve the Michigan Economic Development Corp (MEDC) and the
Read MoreNational average diesel prices climbed to $6.23 per gallon, while Oregon averages hit $6.67 per gallon, the highest for this
Read MoreThe U.S. Stock market has posted strong gains this year, with the S&P 500 up 12% YTD, the Nasdaq Composite
Read MoreRetail inflation rose to 4.82% in August 2026, up from 4.45% in July, according to the Ministry of Statistics and
Read MoreEconomists are warning that higher oil prices, persistent inflation and rising interest rates could test the U.S. Economy, which has
Read MoreShein Global Holdings shares fell 10% to HK$36.40 Monday, the lowest since its September 1 debut on the Hong Kong
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