WASHINGTON (AP) — Federal Reserve officials acknowledged at their most recent meeting in January that there had been “significant progress” in reducing U.S. inflation. But some of the policymakers expressed concern that strong growth in spending and hiring could disrupt that progress. In minutes from the Jan. 30-31 meeting released Wednesday, most Fed officials also said they were worried about …
Read More »Tag Archives: Government regulations
Ecuador officials name likely source of tainted cinnamon that poisoned U.S. children
Officials in Ecuador have named the likely source of contaminated ground cinnamon used in fruit pouches tied to more than 400 potential cases of lead poisoning in U.S. children, the Food and Drug Administration said Tuesday. Carlos Aguilera, a cinnamon-processing company in Ecuador, supplied the spice added to WanaBana and other applesauce pouches sent to the U.S., according to the …
Read More »Some Americans have become saddled with credit card debt as rent and everyday prices remain high
NEW YORK (AP) — While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card balances after battling inflation for more than two years. Experts worry that members of these groups — mostly lower- and middle-income Americans, who tend to be renters — are falling behind on their debts and …
Read More »