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, 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
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 inElection 2024, Nation / World, News, Politics
Biden tests positive for COVID-19 while campaigning in Las Vegas
The president, who has ‘mild symptoms,’ was prescribed the antiviral drug Paxlovid and has taken his first dose, his doctor reported.
Posted inElection 2024, Nation / World, News
Three days after attempted assassination, Trump shooter remains an enigma
So far, there has been no public disclosure the shooter left any writings, suicide note, social media screed or any other indicator explaining his reasons for targeting Donald Trump.
Posted inArts & Entertainment, Nation / World, News
‘Shogun’ leads Emmy nominees with 25; ‘The Bear’ sets comedy series record
They give FX the kind of strong year often reserved for HBO, which even in this ‘off’ year managed second with 91 nominations.
Posted inMaine, New England, News
Two men sentenced in 2021 armed standoff while headed to Maine
The men were part of a movement that believes individual citizens hold sovereignty over and are independent of the authority of federal and state governments.
Posted inBusiness, Nation / World, News
Amazon Prime Day is a big event for scammers, experts warn
In a report released this month, one cybersecurity company said more than 1,230 new websites that associated themselves with Amazon popped up in June, and most of them were malicious or appeared suspicious.