Federal Reserve Cuts Interest Rates to Zero

Federal Reserve Cuts Interest Rates to Zero

The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to essentially zero on Sunday and launched a... Read more »
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Trump to Waive Interest on Federal Student Loans ‘Until Further Notice’

Trump to Waive Interest on Federal Student Loans ‘Until Further Notice’

President Donald Trump on Friday said that he wouldeliminate the intereston federal student loans “until further notice” as part of a package of emergency executive actions designed to address the economic fallout... Read more »
FCC Bars Huawei, ZTE from Billions in Federal Subsidies

FCC Bars Huawei, ZTE from Billions in Federal Subsidies

The US Federal Communications Commission on Friday voted to bar use of its $8.5 billion a year Universal Service Fund to purchase equipment and services from Huawei and ZTE. The government fund is used by multiple programs... Read more »
Federal Deficit Hits $134 Billion in One Month

Federal Deficit Hits $134 Billion in One Month

The federal deficit reached $134 billion in October, the first month of fiscal 2020, according to data the Treasury Department released Wednesday. The Hill reports:  That figure is about 34 percent higher than last October, a... Read more »
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