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News
Trump administration to lend $100 million to telecoms firm Africell, countering Huawei in Africa - AOL
1+ day, 21+ hour ago (342+ words) WASHINGTON, Sept 11 (Reuters) - The Trump administration will lend nearly $100 million to Africell, Africa's only American-owned telecoms firm, as the U.S. seeks to thwart the expansion of China's Huawei in Africa, according to a press release and a person familiar with the…...
No relief from inflation as Middle East clashes lifts fuel prices to painful levels - AOL
1+ day, 21+ hour ago (973+ words) The consumer price index rose 3.4% last month compared with a year ago, the Labor Department said Friday, just like July. But inflation quickened month to month as costs jumped 0.4% from July, quadrupling the 0.1% registered in the previous month. Inflation remains…...
What Will Stocks Do If the Fed Raises Rates? - AOL
1+ day, 19+ hour ago (317+ words) The Federal Reserve is widely expected to raise interest rates next week for the first time since July 2023. Historically, stocks often decline in the months following a rate hike but tend to recover over time. Traders widely expect an interest-rate…...
What ‘Affordable Health Insurance’ Meant in 2010 vs. 2026 - AOL
1+ day, 16+ hour ago (568+ words) The health insurance landscape has changed dramatically since 2010, the year the Affordable Care Act (ACA) became law. Prior to 2010, if you had a pre-existing condition, insurance companies would likely deny you coverage. The ACA protects against these denials, but in…...
Commerce Secretary Lutnick Tells NBC Trump’s $5,000 Payouts Won’t Tap Taxpayer Dollars - AOL
1+ day, 18+ hour ago (380+ words) Commerce Secretary Howard Lutnick told NBC News that President Donald Trump’s plan to send $5,000 “dividend” checks to American adults would not rely on taxpayer funds or increase the federal deficit. Trump recently tied the cash proposal to November’s midterm elections,…...
Fed Chairman Kevin Warsh Called Inflation 'More Concerning' at His First Jackson Hole Speech. Does That Signal a Rate Hike Is Coming? - AOL
4+ day, 2+ hour ago (271+ words) One of Federal Reserve Chairman Kevin Warsh's big pushes is to reduce the amount of guidance the Fed provides. In a speech after a big Fed meeting, he couldn't avoid noting the obvious. The Federal Reserve sets interest rates to…...
Is $4 Gas About to Get More Expensive, Again? - AOL
4+ day, 4+ hour ago (231+ words) U.S.-Iran strikes sent Brent crude to $98 a barrel, threatening to push pump prices from $4 to $4.50 by October. Gas prices already surged $1.29 per gallon since January before the strikes, with WTI jumping 9% in a single week to $91. Upcoming CPI and PPI…...
U.S., Canada descent into trade war - AOL
4+ day, 14+ hour ago (135+ words) Weekday mornings at 6am/5C on NewsNation “Morning in America” is NewsNation’s live national morning newscast hosted by Markie Martin. Watch LIVE at 6am/5C on NewsNation. Here are the guests for Sunday, Sept. 6, on CBS News' "Face the Nation with Margaret Brennan": Secretary…...
Chancellor to say UK economy 'turning a corner' despite debt concerns - AOL
6+ day, 3+ hour ago (847+ words) The chancellor is set to give an upbeat view of the state of the UK economy ahead of next month's Budget, building on a recent uptick in consumer and business confidence. In a speech on Monday in Coventry, John Healey…...
Trump's New Medicare Proposal Could Lock Seniors Into a Plan They Didn't Choose - AOL
5+ day, 19+ hour ago (815+ words) For many Americans, senior benefits like Social Security and Medicare form the foundation of an affordable retirement. Any change to Medicare can have a major impact on seniors' budgets. This includes a proposed change by the current Medicare Director, Chris…...