plans

As Fed plans to 'rise and hold,' new projections could show cost

As Fed plans to ‘rise and hold,’ new projections could show cost

WASHINGTON, Dec 2 (Reuters) – New projections from the U.S. Federal Reserve, released later this month, alongside an expected half-point hike in interest rates, could show that the target rate for the central bank is heading towards levels last seen on the eve of the 2007 financial crisis, and will also reveal policymakers’ best estimate …

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MTA plans 5.5% rate hike next year, needs $600 million more to make up shortfall

MTA plans 5.5% rate hike next year, needs $600 million more to make up shortfall

The MTA plans to raise fares and tolls by 5.5% next June to help address a major budget shortfall caused by declining ridership since the start of the pandemic, officials said Wednesday. The increase is greater than the 4% increases in fares and tolls the MTA implemented every two years from 2009 to 2019. The …

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Neuralink's brain chip plans: Help the blind see and the paralyzed walk

Neuralink’s brain chip plans: Help the blind see and the paralyzed walk

Neuralink, Elon Musk’s startup that hopes to link our brains directly to computers, showed progress in two medical areas on Wednesday: helping blind people see and helping people with spinal cord injuries walk. The company, one of five led by Musk, is working on technology to deposit thousands of electrodes thinner than a hair into …

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FDA plans to move to individual risk-based assessments for blood donors |  CNN

FDA plans to move to individual risk-based assessments for blood donors | CNN

CNN — The U.S. Food and Drug Administration is considering shifting its blood donation policy from general assessments to questionnaires that focus more on individual risk, it said Wednesday. The agency uses data from a donor eligibility study and other blood surveillance information that “will likely support a policy shift to individual risk-based donor screening …

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Cameron Sperance

Hyatt’s latest takeover plans would expand its footprint in New York and beyond – The Points Guy

Hyatt’s shopping spree for new brands isn’t over. The Chicago-based hotel giant plans to buy the lifestyle hotel brand and management platform of the smaller Dream Hotel Group in a deal that could cost up to $300 million, the companies announced on Tuesday. . Dream Hotel Group’s hotels largely operate in the lifestyle segment – …

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3 retirement savings plans we should all be grateful for

3 retirement savings plans we should all be grateful for

(Maurie Backman) Thanksgiving is a time to express gratitude – for good food, good health, and the important people in our lives. But this Thanksgiving, it certainly wouldn’t hurt to take a little time to recognize the many great financial products that make saving for the future easier. Of course, you can choose to put …

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Trump banned pension plans from mixing awakening with profits;  Biden reverses this rule |  The daily thread

Trump banned pension plans from mixing awakening with profits; Biden reverses this rule | The daily thread

President Joe Biden’s Department of Labor has introduced measures to reverse a ban on environmental, social and governance investing, also known as ESG, among trustees managing pension funds, a rule the former President Donald Trump established during his final days in office. The agency released a final rule on Tuesday that mirrored the Biden administration’s …

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Best Buy unveils Black Friday plans with sitewide sales available now

Best Buy unveils Black Friday plans with sitewide sales available now

Following in the footsteps of Target and Walmart, Best Buy detailed its plans for the Black Friday shopping holiday this week, and its schedule looks a lot like other retailers. In terms of sales, Best Buy has the expected slate of TVs, appliances, video games, computers, streaming devices, and more. Note: MacRumors is an affiliate …

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EU plans subsidy war chest as industry faces 'existential' threat from US

EU plans subsidy war chest as industry faces ‘existential’ threat from US

Press play to listen to this article Expressed by artificial intelligence. The EU is in emergency mode and preparing a major subsidy campaign to prevent European industry from being wiped out by US rivals, two senior EU officials have told POLITICO. Europe faces a double hammer blow from the United States If it weren’t enough …

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