Steve Mnuchin: ‘We’re Going to See a Significant Slowdown of the US Economy Over the Next Six Months’

Published on February 3, 2024

Former Secretary of the Treasury, Steve Mnuchin, warned that the U.S. economy would have a significant downturn this year amid concerns over inflation as the Federal Reserve wants the prices under control. During an interview with Fox News on Jan. 31, Mr. Mnuchin said the U.S. economy is facing “significant issues.” “We’re going to see a significant slowdown of the U.S. economy over the next six months,” he said. On Jan. 31, the Federal Reserve left interest rates unchanged at the first 2024 policy meeting, signaling that officials might not reduce the benchmark federal funds rate “until there is greater confidence” that inflation is inching toward the central bank’s target rate of 2 percent....

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Oklahoma Rattled by Shallow 5.1 Magnitude Earthquake

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OKLAHOMA CITY—A 5.1 magnitude earthquake shook an area near Oklahoma City late Friday night, the U.S. Geological Survey reported.The earthquake hit at 11:24 p.m. and was centered 8 kilometers (4.9 miles) northwest of Prague, Oklahoma, the agency said.Prague is about 57 miles (92 kilometers) east of Oklahoma City, where residents reported feeling the shaking. Shawnee, Stillwater, and Tecumseh resid

Knife Attack Wounds Three People in Paris: Police

February 3, 2024
PARIS—A knife attack early on Saturday in the Gare de Lyon rail station in Paris left three people wounded, police said.They said they had arrested the suspected attacker.Two of the victims suffered light wounds while the third was more seriously hurt but was not in a life-threatening situation, police added.The suspected assailant’s motive was not immediately clear.France has suffered a series of