Fed Chair Jerome Powell pumps brakes on rate cuts

(WASHINGTON) -- The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday.Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price... Read More.

$935 million Powerball jackpot drawing on Saturday

(NEW YORK) -- The jackpot for Saturday’s Powerball drawing is expected to be $935 million, the lottery said.If a jackpot winner chooses a one-time lump sum payment, the value is expected to be $452.3 million, Powerball said.Saturday’s estimated jackpot is the fifth-largest in Powerball’s... Read More.