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Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment
12
May

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

  • LN24 / 6 months
  • 0
  • 6 min read

The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement, […]

In a Move to Reduce the US Government Workforce, Trump Eliminates 6,000 Jobs at the IRS
21
Feb

In a Move to Reduce the US Government Workforce, Trump Eliminates 6,000 Jobs at the IRS

  • LN24 / 9 months
  • 0
  • 3 min read

An emotional executive at the U.S. Internal Revenue Service (IRS) informed staff on Thursday that around 6,000 employees would be laid off, according to a source familiar with the situation. This move would reduce the agency’s workforce by about 6%, coinciding with the peak of the tax-filing season. The job cuts are part of a […]