The Fed is seeking to strike a delicate balance: It wants to keep rates high enough for long enough to quell inflation, but also wants to avoid keeping borrowing costs so high that it triggers a recession.
Carol Semple
Posted inNation & World, New England, News
More flooding hits Vermont with washed-out roads, smashed vehicles and destroyed homes
Vermont has experienced four flooding events in the last year, and the combination of climate change and the state’s mountainous geography are big reasons.
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Posted inNation & World, News
Senate passes bill to protect kids online, make tech companies accountable
Supporters are hoping that the strong Senate vote will push the House to act before the end of the congressional session in January.
Posted inNation & World, News, Politics
Congress passes Susan Collins’ proposal for U.S. to buy American flags made here
The U.S. imports millions of American flags from overseas, mostly from China, but the federal government soon will be required to buy only those made in the United States.
Posted inNation & World, News, Politics
Venezuelan opposition says it has proof its candidate defeated President Maduro
Shortly after the National Electoral Council, which is loyal to Nicolás Maduro’s ruling party, declared him the winner, angry protesters began marching through the capital and cities across Venezuela.
Posted inNation & World, News, Politics
Venezuela’s electoral body declares Maduro winner of country’s disputed presidential election
The country’s political opposition and Nicolás Maduro, its entrenched incumbent, both claimed victory in the contest to decide who will take control of an economy recovering from collapse and a population desperate for change.
Posted inNation & World, News, Politics
Biden decries ‘extremism’ on Supreme Court, details plan for term limits, ethics code for justices
Republican House Speaker Mike Johnson called the proposal a ‘dangerous gambit’ that would be ‘dead on arrival in the House.’
Posted inNation & World, News, Politics
Netanyahu is in Washington at fraught time for Israel and U.S. What to know about his visit
But at stake, in meetings with administration officials, are hopes for progress in U.S.-led efforts to mediate an end to the nine-month Israel-Hamas war.
Posted inNation & World, News
Canadian couple found dead in life raft after trying to sail across the Atlantic
The two have been identified after their bodies were discovered on July 19, washed ashore in their inflatable lifeboat on Sable Island, about 190 miles southeast of Halifax.
Posted inElection 2024, Nation & World, News, Politics
Sen. Bob Menendez of New Jersey is resigning following bribery conviction
The seat was already up for election on Nov. 5, and Democrats have nominated U.S. Rep. Andy Kim, who’s in strong position in the Democratic-leaning state as he faces Republican Curtis Bashaw.