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People living in a Midwest city known for its natural beauty and outdoor recreation are sounding the alarm on a proposed data center with a price tag of $1.6 billion.More than 300 acres of farmland in Menomonie, Wisconsin, has already been annexed and rezoned by the city council, but some members say they need more information from developers about the project.The data center proposal was brought to the city by […]

National Economic Council Director Kevin Hassett said on Sunday that the Federal Reserve's monetary policy decisions shouldn't be subject to political influence amid the Trump administration's calls for the central bank to cut interest rates.Hassett appeared on CBS News' "Face the Nation," where host Margaret Brennan cited a CBS poll that found 70% of Americans want the Fed to make decisions independently of President Donald Trump, though 59% of Republicans want the […]

Few people think about the Federal Reserve when choosing their lucky Powerball numbers. Yet, Saturday’s drawing, the third-largest jackpot in U.S. history, is fueled in part by the Fed’s high interest rates. When officials at the Fed and President Donald Trump debate rates, they are most likely not concerned about lottery jackpots. But the unusual stretch of higher rates shows how the same decision can cut both ways—costing some Americans money while […]