The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.
The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.
Many famous composers wrote classic Christmas music.
In 1741, George Frideric Handel wrote his oratorio Messiah.
In 1734, Johann Sebastian Bach wrote his Christmas Oratorio.
Twenty years after composer Bach died, Ludwig van Beethoven was born in Bonn, Germany, and...
Congressional leaders revealed a stopgap funding bill on Tuesday to keep the government operational until March 14, setting off a race to pass the legislation by the end of the week.