Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…
Tim Scott and Nikki Haley attack unions as UAW strike threatens to escalate ahead of GOP debate
Several Republican presidential candidates have gone on the attack against unions in response to the United Auto Workers’ strike, despite…
‘Watch out’: Senate Intelligence chair cautions on AI ‘deep fakes’ ahead of 2024 election
WASHINGTON — The chairman of the Senate Select Committee on Intelligence warned Wednesday that artificial intelligence could be manipulated to…
The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown
A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you…
Florida Sen. Rick Scott expects Congress will avoid government shutdown
WASHINGTON — Sen. Rick Scott, a Florida Republican, on Wednesday said he expects Congress will reach a deal to avoid…
White House no longer sending top officials to Detroit for UAW strike talks this week
The Biden administration is no longer sending two key officials to Detroit this week to potentially help broker a deal…
U.S. national debt hits $33 trillion for the first time
WASHINGTON — The national debt of the U.S. reached a historic milestone by passing $33 trillion for the first time,…
House GOP pulls key vote to advance stopgap government funding bill
The House of Representatives canceled a scheduled key procedural vote Tuesday on a temporary government funding bill hashed out by…
Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy
WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…
House Oversight Committee to hold first Biden impeachment inquiry hearing next week
The House Oversight Committee will hold the first hearing on the impeachment inquiry into President Joe Biden on Sept. 28,…
