Dramatic interest rate cuts could lead to falling bond yields and an increase in spending, in the short term. Plus: In-store ads, a traveling nurse, and AI tools for tariff calculations.
Stephen Miran, President Trump’s latest appointee to the Federal Reserve Board Governors, wants the federal funds rate to be a full 2 percentage points lower than its current level.
Before federal EV tax credits expire at the end of this month, dealers are seeing an influx of customers — but many worry payments from the IRS may be delayed.