Credit A Way Of Life For Many In U S
The Fed raises the basic rate to 4 percent prompting banks to lift prime loan rates to 5 percent. Analysts say consumer borrowing may rise slightly but few customers will be driven away. critics warn higher costs could slow corporate investment, raise prices, and depress housing, while tax deductibility blunts some effects.
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New York
Federal Reserve Board
Fed
Treasury
Federal Reserve
U.S. Treasury
Soo Locks To Close On Schedule Tuesday
The Soo Locks will close at midnight Tuesday as planned due to construction plans for the Poe Lock. Vessels exiting before then will receive clearance, while Canadian locks will stay open day by day to assist ships affected by a strike by the Canadian Merchants Guild.
MENTIONED IN THIS ARTICLE
Sault Ste. Marie
Mich
U.S. Army Corps of Engineers
Poe
Lakehead
Canadian Merchants Guild
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