Be Well: Federal Reserve Introduces FedNow Payment System
Marty Cantor, CPA and economic development consultant, joined Cheddar News to talk about the Federal Reserve's newest payment system, FedNow Service. That platform is designed to make real-time payments more widely available for businesses and individuals.
Stocks fell in the opening session Tuesday as earnings reports continued to pour in and as investors brace for the Federal Reserve's interest-rate decision on Wednesday.
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.
The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead.
