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Labor market

Money

Fed Finally Blinks: Powell Cuts Rates as Labor Market Softens

Keely Compson -
Key Takeaways First Cut of the Year: The Fed lowered its benchmark rate by 25 basis points to a 4%–4.25% range, the first cut since December 2024. Labor Market Weakness: Policymakers cited slowing job growth and rising unemployment as reasons to...
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Donald TrumpKeely Compson -

Trump Redraws Gulf Map, Reopens California Waters in Major Energy Revival

Key Takeaways Aggressive Energy Expansion: The Trump administration proposes up to 34 offshore lease sales from 2026 to 2031, including the...
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