The Federal Reserve announced Wednesday it was keeping interest rates at their current levels amid improving consumer confidence and a declining inflation rate. In the run-up to Wednesday’s announcement, some Fed officials have been signaling that the current rate has been enough to knock inflation down toward the central bank’s 2% target. The federal funds target rate has remained at ...
A district court judge in Florida on Wednesday dismissed Disney’s lawsuit against Gov. Ron DeSantis over the loss of a long-standing planning district, ruling that Disney lacked standing to bring the suit. Judge Allen Winsor of the Northern District Court of Florida said Disney’s claims of injury resulting from the appointment of board members to a new district created by ...
U.S. colleges and universities won’t receive students’ applications for financial aid until at least early March, the Education Department said Tuesday. The delay is the result of the department’s decision to fix an error in how students’ aid eligibility is calculated. The fix is intended to cover students entering college for the 2024-25 academic year. Normally, schools receive student data ...
High-performing Walmart managers now have the ability to earn more than $400,000 a year after the retail giant announced it is offering the ability for some managers to earn $20,000 worth of stock grants starting in April. In a video posted Monday on LinkedIn, Walmart U.S. President and CEO Brian Furner said the amount of the stock grant rewards would ...