Researchers decry ‘disastrously bad idea’ as NIH slashes payments for research infrastructure
The U.S. National Institutes of Health is lowering the maximum “indirect cost rate” that research institutions can charge the ...
NIH cuts billions of dollars in biomedical funding, effective immediately
Researchers say it would hurt facilities that work on medical issues such as cancer research and heart disease. Elon Musk ...
Trump official’s directive tying transportation grants to birth rates could hinder blue states
President Trump's transportation secretary is instructing his department to prioritize projects for states with higher ...
3 Reasons Not to Open a CD Right Now -- Even With Rates Over 4%
CDs offer respectable APYs right now, but there are probably better places for your money. Here are three reasons to ignore CDs.
Wall Street slumps as worries worsen about inflation and tariffs
Interest rates are one of the things Wall Street cares most about because lower rates can lead to higher prices for stocks ...
Steamboat Pilot & Today1d
Federal funding freeze continues to loom over Colorado budget-cut decisions
Colorado lawmakers are in the dark about what comes next after a White House decision to freeze wide swaths of federal funding created a day of chaos last week. Legislators say the uncertainty around ...
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...
Why Long-Term Interest Rates Aren’t Falling—And What That Means For Your Portfolio
Via arbitrage, the yield on a long-term bond should equate to investors’ expectations of the average federal-funds rate over ...
What's next for US interest rates?
The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
The Fed Holds Rates Steady. Here’s How to Use That to Your Advantage
Hint: You might want to pay down your debts more aggressively.
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...