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Top constructiondive.com News
Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
52% Center coverage: 407 sources
Kristi Noem · GeorgiaBy JILL LAWLESS, Associated Press LONDON (AP) — U.S. Homeland Security Secretary Kristi Noem said Monday she doesn’t think the detention of hundreds of South Koreans in an immigration raid at a Hyundai plant in Georgia will deter investment in the United States because such tough actions mean there is no uncertainty about the Trump administration’s policies. The detention of 475 workers, more than 300 of them South Korean, in the Sept. 4 raid ha…See the Story
Noem Says Roundup of Koreans at Hyundai Plant in Georgia Won’t Deter Investment in the US
65% Center coverage: 85 sources
