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.
The iconic Budweiser Clydesdales will no longer have their tails shortened using a common, yet controversial, procedure that has drawn the ire of animal activists, parent company Anheuser-Busch InBev announced Wednesday.
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.