The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quellย stubbornly-high inflation, a move that could spur a sharp response from the White House.
Aย trade warย between the United States and Canada is making it more difficult and expensive for small businesses in theย economically entwinedย countries to operate, according to business owners caught in the crossfire.
Wall Street is holding steady Wednesday as it waits to hear fromย the Federal Reserve, which traders expect will announce a hike to interest rates later in the day to help getย the nationโs high inflationย under control.
Consumers may be griping about higher prices at the pump and elsewhere, but they keep spending, helping to power the economy, according to the latest government snapshot.
Allen Chaney, Legal Director for the American Civil Liberties Union, argued that guard members were forbidden from actual policing under "Operation Make D.C. Safe and Beautiful," asking the justices, "How can guard members help with the "safe" part, if they have no authority to make an arrest?"
A federal grand jury in Columbia has indicted a Florida man for defrauding Allen University, the African Methodist Episcopal Church, and other victims of over $6 million.
President Donald Trump on Tuesday went after the Supreme Court after it rejected his push to restrict mail-in voting in this yearโs midterms, saying justices who opposed him were โnot the people I interviewed.โ
A nonprofit run by Black federal lawmakers launched a multimillion-dollar effort Tuesday to engage lower-propensity voters in key districts in the midterm elections, following years of dissatisfaction over traditional efforts to reach such voters.
Theย Federal Reserveย is widely expected to lift its short-term interest rate Wednesday for the first timeย in three yearsย to fightย stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump's support for a cut.
First ladyย Melania Trumpย is visiting northwestern North Carolina on Tuesday to talk to elementary school students, teachers and staff about how they're usingย technology in the classroom.
FBI Director Kash Patelย on Tuesday defended theย bureau's loosening of hiring requirementsย regarding prostitution and bestiality, saying the changes were meant to enable victims of those acts to apply for employment without fear of automatic disqualification.
"This is a very promising tool. So I feel like it can be employed very well. That's why I am not in the bracket of people who are overly worried about it," he says.