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.
President Donald Trump’s immigration policies, including mass deportations of illegal migrants, could result in lower chicken prices and increased wages for American workers, according to industry analysts. A report from AviNews.com highlights the poultry industry’s heavy reliance on immigrant labor, particularly undocumented workers. Losing this workforce would force companies to raise wages to attract American workers to processing plants and farms.
Contrasting views on U.S. immigration policy came into sharp focus on Tuesday during separate congressional hearings addressing the incoming Trump administration’s stance on deportations and border security.
A federal judge on Tuesday issued a preliminary injunction to temporarily block the $24.6 billion merger between Kroger and Albertsons, the largest proposed grocery...
During a Senate Judiciary Committee hearing on Tuesday, Republican Sen. Josh Hawley of Missouri confronted American Immigration Council senior fellow Aaron Reichlin-Melnick over the economic impact of illegal immigration on the American workforce.
Despite a challenging year for Argentina and President Javier Milei, the payoff from his tough economic reforms is becoming evident. His popularity is rising domestically and earning recognition among conservatives globally.
Former President Barack Obama admitted the defeat of his diversity-driven "pluralism" agenda in a speech delivered December 5 in Chicago. Speaking to a selective audience, Obama called for rebuilding institutions to support diversity and inclusion, following President-elect Donald Trump’s decisive 2024 election victory.
