Category Archives: 24/7 Newsroom News

Powell Says Federal Reserve is More Confident Inflation is Slowing to Its Target

Powell Says Federal Reserve is More Confident Inflation is Slowing to Its Target

WASHINGTON (AP) — Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point. “We’ve had three better readings, and if you average them, that’s a pretty good pace,”…MORE

Amazon Prime Day is a Big Event for Scammers, Experts Warn

Amazon Prime Day is a Big Event for Scammers, Experts Warn

NEW YORK (AP) — Amazon Prime Day is here. And experts are reminding consumers to be wary of scams. Deceptions such as phony emails from people impersonating online retailers like Amazon are nothing new. But the Better Business Bureau says phishing attempts increase amid the heavy spending seen during significant sales events. Amazon’s two days…MORE