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Alliant Energy Suggests Rate Increase

Please activate Javascript to watch this video. DES MOINES, Iowa – Alliant Energy customers like to pay more for their utility bills. Already in April, the electricity bill increased by 8 USD per month. During a hearing on the Iowa Utilities Board, Alliant Energy is proposing another raise for the next three days. "At the hearing, everyone is really asking …

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Charles Evans says "open-minded" about the right amount of Fed rate

Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, told CNBC Monday that he was "open-minded" when asked about US interest rates, but suggested further cuts when the headwinds hit increases. Evans, known for his restrained attitude towards the central bank, was still optimistic about US fundamentals despite the economic headwinds. "We have lowered the …

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Sterling slips off after BOE executives believe that uncertainty over Brexit could mean a rate cut

The pound fell below $ 1.23 against the dollar after a Bank of England policy maker said the next move for the central bank could be a rate cut. Speaking to local companies in the north of England, Bank of England political decision maker Michael Saunders said Britain could consider lowering interest rates if uncertainty surrounding Brexit persists. "If the …

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The abortion rate is falling in almost every state, according to the report: NPR

The US abortion rate is on long-term decline according to new data from the Guttmacher Institute on Wednesday. Guttmacher, who supports abortion rights, notes that the total number of abortions has dropped by 7%. In 2017, it was 862,320, compared to 926,200 in 2014, when the data was last updated. In 2017, the abortion rate – which measures how often …

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How gold, oil, stocks and USD develop after the FOMC rate cuts start

REDUCTION OF FEDERAL RESERVE CYCLES AND MARKET DEVELOPMENT – SUMMARY: The Federal Reserve is expected to announce its second interest rate cut this year, confirming the change of central bank towards an increasingly moderate monetary policy. FOMC cut rates have historically led to mixed returns on assets such as gold, crude oil, the S & P 500 and the US …

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How a Fed rate cut could affect the real estate market

The Federal Reserve will hold a two-day meeting this week, with the central bank likely to announce a further cut in its key interest rate. This could be good news for potential homebuyers. MORE FROM FOXBUSINESS.COM … While the Fed does not control mortgage rates, it sets the federal funds rate it can influence. When the Fed cuts rates as …

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Charles Schwab cuts 600 jobs from Fed interest rate cuts

What is Trump right on the Fed? Belpointe Chief Strategist David Nelson of the Federal Reserve, U.S. trade tensions with China and the state of the jobs market. Charles Schwab Corp. is laying off roughly 600 employees in a bid to lower their costs. The job cuts amount to about three percent of the San Francisco-based firm's overall workforce and …

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