Fog/Mist 41°
Tag:

Federal Funding

News
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…

SHARE

by Chris Spiker
Traffic
Route 34 Across Stevenson Dam In Monroe Reopens To Traffic After Flood Damage Repairs Route 34 Across Stevenson Dam In Monroe Reopens To Traffic After Flood Damage Repairs
Route 34 Across Stevenson Dam In Monroe Reopens To Traffic After Flood Damage Repairs Part of a busy roadway carrying traffic across a dam in Connecticut has been reopened after being damaged by severe flooding, officials announced.  Route 34 in the Fairfield County town of Monroe and New Haven County town of Oxford between Route 111 and Coppermine Road has been reopened after suffering damage from flooding on Sunday, Aug. 18, the Connecticut Department of Transportation announced on Tuesday, Aug. 27.  The stretch of road carries traffic over the Stevenson Dam on Lake Zoar.  Although traffic can now cross the dam, Route 34 remains closed between Coppermine Ro…

SHARE

by Ben Crnic
News
Second Flu Death Of Season Reported In Connecticut Second Flu Death Of Season Reported In Connecticut
Second Flu Death Of Season Reported In Connecticut A second flu-related fatality in Connecticut has been reported. The unidentified person was between the ages 50 and 64, the state Department of Public Health said. The patient's place of residence was not released. The first death from the flu in Connecticut was reported a week ago. That person was over the age of 65, the health department said.  Twenty-three people have been hospitalized in Connecticut as flu activity has been slowly increasing statewide since the end of August, which is typical for the flu season. Nationally, flu activity has been minimal across the United States so fa…

SHARE

by Joe Lombardi