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Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.MarketWatch - 2d -
Los Angeles Faces Nearly $1 Billion Deficit as It Rebuilds From Fires
Shifting federal policies, combined with the cost of January’s wildfires, have created “serious financial headwinds” for the city, officials said.The New York Times - 2d -
3/19: CBS Evening News Plus
Israel intensifies military operation in Gaza; Reporter’s Notebook: Trump reiterates call to impeach federal judgeCBS News - 2d -
LA Crips leader who feds say posed as anti-gang activist arrested
The U.S. Attorney's Office has announced several federal charges against a Los Angeles Crips gang leader, including racketeering.CBS News - 2d -
Energy Secretary Chris Wright says Trump push to produce more oil is driving down prices
The Trump administration has promised to increase leases on federal lands and waters and expedite the permitting process.CNBC - 1d -
Powell’s ‘Transitory’ Inflation Call Revives Memories of Pandemic
Investors cheered the Federal Reserve chair’s assessment. But some economists fear a case of déjà vu.The New York Times - 1d -
DOGE Is Doing the Opposite of Government Auditing
On this special episode of Uncanny Valley, we talk about what federal auditors actually do, and what they think of DOGE.Wired - 1d -
Trump administration delays New York congestion pricing deadline
New York Gov. Kathy Hochul and the MTA are facing down a new federal deadline to end congestion pricing in NYC.CBS News - 1d -
Judge blocks DOGE's access to sensitive Social Security systems
A federal judge granted a temporary restraining order in the challenge brought by unions who argued DOGE's access was unlawful.CBS News - 1d -
Judge blocks deportation of Georgetown researcher detained by ICE
A federal judge on Thursday blocked the government from deporting a Georgetown University researcher who was detained by immigration authorities earlier this week.CBS News - 1d -
Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.CNBC - 1d -
U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll
The latest survey from the New York Federal Reserve shows just 62.7% of Americans can come up with $2,000 for an emergency.CNBC - 1d -
Judge blocks deportation of Georgetown researcher detained by ICE
A federal judge on Thursday blocked the government from deporting a Georgetown University researcher who was detained by immigration authorities earlier this week.CBS News - 1d -
Judge blocks DOGE's access to sensitive Social Security systems
A federal judge granted a temporary restraining order in the challenge brought by unions who argued DOGE's access was unlawful.CBS News - 1d -
Judge blocks DOGE's access to sensitive Social Security systems
A federal judge granted a temporary restraining order in the challenge brought by unions who argued DOGE's access was unlawful.CBS News - 1d -
Judge blocks deportation of Georgetown researcher detained by ICE
A federal judge on Thursday blocked the government from deporting a Georgetown University researcher who was detained by immigration authorities earlier this week.CBS News - 1d -
Is the Trump conflict with judges a constitutional crisis? What to know
Legal experts warn that the country is sliding toward a constitutional crisis as President Donald Trump openly defies the federal courts.ABC News - 18h -
Columbia cedes to Trump admin. demands after threat to withhold funds
Columbia University appears to have ceded to the Trump administration’s demands after a threat to withhold $400 million in federal funds.ABC News - 6h -
Acting Social Security chief now says he won't shut down agency after DOGE ruling
A federal judge blocked the agency from granting personnel affiliated with DOGE access to agency systems containing personally identifiable information.ABC News - 3h -
Court recommends charges against NYC Mayor Adams dropped
A court-appointed lawyer has advised a federal judge that corruption charges against New York City Mayor Eric Adams should be dropped. Meantime, sources tell NBC News two federal prosecutors in ...NBC News - Mar. 8 -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - Mar. 6 -
DOGE's secrecy to be tested in court with sworn testimony, depositions
Over the next week, several judges have ordered top Trump administration officials to testify about efforts to reduce the size of the federal government.ABC News - Mar. 7 -
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans
A group of labor unions asked a federal court for an emergency order to stop DOGE from accessing sensitive Social Security data.NBC News - Mar. 8 -
State Republicans Eager to Climb on Cost-Cutting Bandwagon
G.O.P. governors and legislators are parroting the federal Department of Government Efficiency by creating panels at the state level. But the similarities only go so far.The New York Times - Mar. 9 -
Watchdogs fired by Trump raise alarms over future of independent oversight
President Trump has fired several independent government watchdogs. They're now sharing warnings about what it could mean for federal oversight.CBS News - Mar. 9 -
ICE arrests Palestinian activist who helped lead Columbia University protests, lawyer says
Federal immigration authorities arrested a Palestinian graduate student who played a prominent role in protests against Israel at Columbia University, according to his attorney.NBC News - Mar. 10 -
Mark Carney to Be the Next Prime Minister of Canada
The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.The New York Times - Mar. 10 -
Los Angeles Wildfires Leave Residents Worried About Contaminated Soil
Federal agencies are removing topsoil from burned areas but will not test it for contaminants. So scientists and residents are testing fire-affected properties themselves.The New York Times - Mar. 10 -
Democrats introduce bill forcing Trump administration to rehire fired veterans
Democrats want to force President Donald Trump's administration to rehire veterans who were laid off amid efforts to reshape the federal government and its workforce.ABC News - Mar. 10 -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - Mar. 10 -
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.CNBC - Mar. 10 -
Trump administration halts funding for two cybersecurity efforts
The Trump administration has cut millions of dollars in federal funding from two cybersecurity initiatives, including one dedicated to helping state and local election officialsABC News - Mar. 10 -
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.ABC News - Mar. 11 -
FAA extends bar on U.S. flights to Port-au-Prince through Sept. 8
The Federal Aviation Administration said on Tuesday it was extending prohibitions barring U.S. flights to the Haitian capital, Port-au-Prince, through Sept.NBC News - Mar. 11 -
Chips Grant Staff Asked ‘Demeaning’ IQ Questions Before Layoffs Hit
Asking an on-the-job employee whether they’re smart enough to do their work is bizarre. But it’s apparently another tactic in the administration’s quest to shrink the federal workforce.Inc. - Mar. 11 -
Judges raise concerns about threats to independence amid GOP criticism
Elon Musk has accused some federal judges of being "evil" and said they should be fired after issuing preliminary decisions against the Trump administration.CBS News - Mar. 11 -
Woman on Texas death row for 27 years has conviction tossed
A federal appeals court tossed Brittany Holberg's death sentence after it found that prosecutors failed to reveal that their primary trial witness was a paid informant.CBS News - Mar. 12 -
Man charged after allegedly attacking flight attendant, swallowing rosary beads
A passenger is facing federal charges after allegedly attacking a flight attendant and swallowing rosary beads while onboard a regional flight to Miami.NBC News - Mar. 12 -
6 in 10 say Musk lacks experience, judgment to change government: Survey
Elon Musk, a key political ally of President Trump, is viewed negatively by most Americans and they question his qualifications to overhaul the federal government, according to a new poll.The Hill - Mar. 12 -
Democrats Demand Answers on DOGE’s Use of AI
Members of the House Oversight Committee sent dozens of requests to federal agencies on Wednesday about their use of AI software—and how Elon Musk could benefit.Wired - Mar. 12