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The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
An important part of the Fed’s focus is getting inflation as close to an average 2% as possible, and its primary tool for fighting inflation is adjusting the Fed funds rate. When inflation heats ...
September 16, 2024 at 8:28 PM. Sloan Graeme /Sipa USA. The Fed is expected to cut interest rates this week, a decision likely to be the start of a gradual decline in how much consumers pay for ...
List of most expensive films. Ben-Hur (1925) was the most expensive film of the silent era, possibly holding the record for over twenty years. Due to the secretive nature of Hollywood accounting, it is not clear which film is the most expensive film ever made. Star Wars: The Force Awakens officially holds the record with a net budget of $447 ...
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
Canada, a country with a comparatively low suicide rate overall at 10.3 incidents per 100,000 people in 2016, exhibits one such discrepancy. When comparing the suicide rate of Indigenous peoples in Canada, the rate of suicide increases to 24.3 incidents per 100,000 people in 2016, [18] a rate among the ten highest in the world.
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