USA

Today is a truly historic day in Fed history – one that will have a transformative effect on US monetary policy for the foreseeable future. Read the news: For decades, the main task of central banks was to keep inflation down. The Fed has now effectively changed that policy, to …

With all eyes on Mike Pence after his speech at the RNC yesterday, we examine the past 6 months of his tenure as the leader of the task force coronavirus – and what it all means for his political future. Schiff, whose commission unsuccessfully sought documents and testimony from Giuliani …

Mortgage rates are still close to record lows, but that makes owning a home no longer cheaper for home buyers. The 30-year fixed-rate mortgage averaged 2.91% for the week ending August 27, falling eight basis points the week before, Freddie Mac FMCC, + 0.46% reported Thursday. The 15-year fixed-rate mortgage …

More cases of coronavirus have been linked to a marriage in Maine, officials said, detailing how the virus spread to a nursing home and a prison complex more than 200 miles away. According to a Wednesday update by Robert Long, spokesman for Maine’s Center for Disease Control and Prevention, there …

In June, astronomers Fast Radio Burst 121102 discovered a repeat scheme of 157 days. Just on schedule, scientists have discovered activity from the mysterious radio signal. The findings, published in The Astronomer’s Telegram, suggest “that this repeater [FRB 121102] is likely in another active phase, “the researchers wrote. FRB 121102, …