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United States Chair of the Federal Reserve Jerome Powell states that increased unemployment rates and labor market cooling has made it necessary for the Federal Reserve to markedly reduce interest rates in the near future.
2024-08-23

One person is killed and 16 others are injured when a vehicle crashes into an Apple Store in Hingham, Massachusetts, United States.
2022-11-21

The Federal Reserve raises its benchmark interest rate by 0.75 percentage point, to 3.75%, the highest rate since January 2008, amid surging inflation in the United States. Federal Reserve chairman Jerome Powell warns that further rate increases are likely.
2022-11-2

The Federal Reserve raises its benchmark interest rate by 0.75% to a target range of between 1.5% and 1.75% amid surging inflation. It is the largest interest rate increase in the United States since 1994.
2022-06-15

The United States Federal Reserve announces that it is raising interest rates by 0.5%, which is the largest interest rate hike since 2000, in order to combat growing inflation.
2022-05-4

Robert Kaplan, head of the Federal Reserve Bank of Dallas, says that low bond yields suggest sluggish growth ahead for the economy of the United States.
2017-06-20

U.S. officials say unmanned airstrikes in southern Somalia killed about a dozen suspected militants from the al Qaeda-linked group al Shabaab on Monday and Tuesday.
2016-04-12

Syria's government says a U.S.-led military coalition airstrike on a Syrian Army camp in the eastern Deir ez-Zor Governorate, killed three Syrian soldiers and wounded 13 others. A senior U.S. military official denied responsibility for the airstrike and said that the U.S. is certain it was a Russian airstrike.
2015-12-7

Ben Bernanke, the Chair of the Federal Reserve, says the United States Federal Reserve is prepared to act against the prospects of deflation but expects economic growth to continue during the latter half of 2010 "albeit at a relatively modest pace."
2010-08-27

A spokesman for U.S. President Barack Obama expresses the administration's support for a second term for the incumbent Chairman of the Federal Reserve, Ben Bernanke, and says lawmakers would send a bad message by "playing politics in any way" with Bernanke's confirmation.
2010-01-24