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08
May

Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy | US economy

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The Federal Reserve kept interest rates on hold and called out growing dangers in the US economy amid Donald Trump’s erratic rollout of an aggressive trade strategy. Jerome Powell, the US central bank’s chair, cautioned that the president’s tariffs were likely to raise prices, weaken growth and increase unemployment if maintained. Fed policymakers cautioned that “the risks of higher unemployment and higher inflation have risen” as they opted to maintain the benchmark interest rate for the third time in a row. “Uncertainty about the economic outlook has increased further,” they...
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08
May

Fed rate decision May 2025: Fed holds rates steady

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WASHINGTON — The Federal Reserve on Wednesday held its key interest rate unchanged as it waits for the Trump administration’s trade policy to take shape and sees its impact on a sputtering economy. In a move that carried little suspense given the wave of uncertainty sweeping the political and economic landscape, the Federal Open Market Committee held its benchmark overnight borrowing rate in a range between 4.25%-4.5%, where it has been since December. The post-meeting statement noted the volatility and how that is factoring into policy decisions. “Uncertainty about the...
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08
May

Monetize Your Expertise: Service-Based Online Business Ideas for Professionals

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The digital age offers professionals unparalleled opportunities to turn their expertise into a thriving online business. By leveraging your skills and knowledge, you can create a service-based business that not only generates income but also provides immense value to clients worldwide. Here’s a guide to some innovative online business ideas for professionals looking to monetize their expertise. 1. Virtual Consultancy Why It Works: Consultants are in demand across various industries, and offering your consultancy services online removes geographical limitations. You can provide insights and strategies in real-time via video calls...
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08
May

Preview: Al-Nassr vs. Al Ittihad – prediction, team news, lineups

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Sports Mole previews Wednesday’s Saudi Pro League clash between Al-Nassr and Al Ittihad, including predictions, team news and possible lineups. It is third against first in Wednesday’s Saudi Pro League action as Al-Nassr host league-leading Al Ittihad at Al-Awwal Park, aiming to revive their fading title hopes in the gameweek 30 contest. Eight points separate both clubs in the league standings with five games remaining, underscoring the need for Al-Alami to secure maximum points to instil some doubt in the minds of the team atop the table during the final...
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08
May

Al-Ittihad complete comeback to beat Al-Nassr 3-2

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Houssem Aouar scored a last-minute goal to help Al-Ittihad complete a comeback and secure a 3-2 win over Al-Nassr on Wednesday, taking them a step closer to clinching the Saudi Pro League title. Sadio Mane opened the scoring for the home side after three minutes with a low shot. The Senegal international then assisted Ayman Yahya to make it 2-0 for Al-Nassr in the 37th minute. The goal stood following a VAR review, even though the ball had touched Mane’s hand in the build-up. Al-Ittihad were the better side after...
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