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153 articles, grouped into stories

The Fed raised interest rates for the first time in three years. Here's what it changes for UF students with loansThe Federal Reserve voted unanimously to raise its benchmark interest rate by a quarter of a percentage point Sept. 16, bringing its target range to 3.75% to 4%, the first increase since July 2023. About 91% of U.S. student loan debt is federal, which doesn't change in parallel to interest rate changes. Congress sets the rate once a year and the rate is…
US futures slip as oil prices and bond yields rise with markets awaiting latest Fed minutesU.S. futures are lower as oil prices tick higher and the bond market climbs ahead of the release of the Federal Reserve’s latest minutes. Futures for the S&P 500 dipped 0.1% on Wednesday, a day after climbing 0.6% to a record of 7,818.93, topping its all-time high set in August. Despite worries over the Iran war, high inflation and pressures from the…
US stocks rise near their record after the latest jobs report eases worries about inflationU.S. stocks are rising near their record after the latest jobs report cooled worries that a potentially hot U.S economy could make inflation worse. The S&P 500 climbed 0.7% Friday and pulled within 1% of its all-time high. The Dow Jones Industrial Average added 233 points, and the Nasdaq composite rose 1.2%. They got a boost after a report showed U.S.…