Impact of a rate cut on credit cards, mortgages and student loans – NBC Chicago
After more than two years of high interest rates in the fight to contain inflation amid the COVID-19 pandemic, the Federal Reserve cut its benchmark interest rate by half a percentage point, which is likely to impact Americans in several…
“This is probably a wake-up call for us” – The Denver Post
Boring transitions, too little urgency and too many ball losses. The Colorado Rapids fully deserved their 4-1 defeat against Sporting Kansas City on Wednesday evening at Children’s Mercy Park. SKC’s third goal summed up the game perfectly. The Rapids finally…
23andMe Independent Directors Resign from Board: Read CEO Memo
Anne Wojcicki, co-founder and CEO of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, USA, on Friday, March 10, 2023. Jordan Vonderhaar | Bloomberg | All seven independent directors of 23andMe resigned from the company’s board…
The Fed is finally cutting interest rates. How the stock market will develop historically from here
The Federal Reserve cut interest rates for the first time in four years on Wednesday. Let’s take a look at how stocks performed at the start of previous easing cycles. How things play out from here will largely depend on…
Despite layoffs, dividends to Microsoft shareholders increase by 10%
A few days ago, Microsoft Gaming CEO Phil Spencer announced that the company plans to lay off around 650 employees. However, according to a recent Bloomberg report, the company plans to increase distributions to shareholders by 10%. Starting Nov. 21,…
The Federal Reserve is finally cutting interest rates. What consumers should know
NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from a 23-year high, affecting consumer and business debt, savings, auto loans, mortgages and other forms of credit. On Wednesday, the Fed announced that it had cut…
Ward Lucas – longtime anchor of Denver 9News – dies at the age of 75
An award-winning investigative journalist who served as an anchor and reporter for 9NEWS in Denver for more than 30 years died Sunday. “We have very sad news to share tonight,” 9NEWS anchor Tom Green said in a social media post…
Colorado regulators investigate complaints about Xcel Energy power outages
The Colorado Public Utilities Commission is investigating recent power outages reported by Xcel Energy customers to determine if the number of outages and complaints is increasing. The three-member commission voted Wednesday to endorse PUC staff’s recommendation to investigate the causes…
The Biden administration allows Alaska Airlines to purchase Hawaiian Air, but with conditions.
The Biden administration is letting Alaska Airlines Purchase worth $1 billion by Hawaiian Airlines after the airlines agreed to certain conditions, including maintaining current service on routes between Hawaii and in the mainland United States, where there is not much…
Hawaiian Airlines gets new leadership after completion of merger with Alaska
UPDATE 11am Alaska Air Group, the parent company of Alaska Airlines, today announced that Peter Ingram, President and CEO of Hawaiian Airlines, will step down immediately following the closing of the $1.9 billion transaction with Hawaiian Airlines and that an…
