The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says

The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says

U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, U.S, September 20, 2023. REUTERS/Evelyn Hockstein Evelyn Hockstein | Reuters As investors await the upcoming rate decision by the U.S. Federal Reserve this month, Carl Weinberg…

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What’s the most valuable NFL franchise?

What’s the most valuable NFL franchise?

Welcome to the kickoff of CNBC’s first ever Official NFL Team Valuations. Here we rank professional football teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. The rankings factor in a team’s revenue, profit and debt to match up the 32 clubs ahead of the start to the NFL season. Today, the average…

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Sindh seeks to procure double cabins for Rs2bn

Sindh seeks to procure double cabins for Rs2bn

A representational image of double cabin vehicles. — Reuters KARACHI: As the cash-strapped country struggles to cut government expenditures amid fiscal constraints, Sindh seeks to procure 138 double cabin vehicles worth Rs2 billion for assistant commissioners (ACs), exposing how bureaucracy continues to squander already scarce national funds. The federal government is currently pressing ahead with…

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