National

Cargo ship loses power and slams into Baltimore bridge

View of the Dali cargo vessel which crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, March 26, 2024. BALTIMORE (Reuters) — A massive cargo ship crippled by a loss of power smashed into a bridge while sailing out of Baltimore Harbor early on Tuesday, sending v…
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Fed’s Goolsbee says he sees three rate cuts this year

(Reuters) — Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that at the Federal Reserve’s policy meeting last week he penciled in three rate cuts for this year. At that meeting, the U.S. central bank kept its benchmark overnight lending rate in a target range of 5.25%-5.…
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