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What Trump’s Win Means for the Federal Reserve and Jerome Powell
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?Business - The New York Times - 5 days ago -
What to know about the interest rate cut expected from the Federal Reserve
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.Top stories - CBS News - 5 days ago -
The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.Top stories - CBS News - 5 days ago -
Powell: Fed won't 'speculate' about Trump's impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...Politics - The Hill - 5 days ago -
Federal Reserve cuts interest rate for second time in 2024
The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...Top stories - CBS News - 5 days ago -
How California has been ‘Trump-proofing’ itself against federal reprisal
Newsom also announces special session of legislature to ensure state agencies’ funding and says: ‘We won’t sit idle’. US elections 2024 – live updates California prided itself on its ...World - The Guardian - 5 days ago -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - 5 days ago -
How the Federal Reserve interest rate cut could affect Americans
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...Top stories - CBS News - 5 days ago -
Jackson Mayor Chokwe Antar Lumumba Is Indicted on Federal Corruption Charges
The mayor and two other local officials pleaded not guilty on Thursday after being accused of taking part in a scheme in which F.B.I. agents posing as real estate developers offered bribes.Top stories - The New York Times - 5 days ago -
Federal Reserve cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.Top stories - CBS News - 4 days ago -
Former Adams Aide Is in Plea Talks in Federal Witness Tampering Case
Mohamed Bahi was accused of tampering with witnesses and destroying evidence in the corruption investigation into Mayor Eric Adams and his campaign fund-raising.Top stories - The New York Times - 4 days ago -
Federal judge rules Illinois assault weapons ban unconstitutional
U.S. District Judge Stephen McGlynn is holding off on enforcing his ruling for 30 days to allow Illinois leaders time to appeal.Top stories - CBS News - 4 days ago -
Inside the Federal Work Force That Trump Has Promised to Eviscerate
President-elect Donald J. Trump and his allies have pledged to strike fear in the heart of what they term “the deep state.” They have already succeeded.Top stories - The New York Times - 3 days ago -
Co-founders of militia group convicted of attempting to murder federal agents
Two men had also planned to go to Texas and kill asylum seekers as well as border agents who would try to stop them. Two men who co-founded a militia group have been convicted of attempting to ...World - The Guardian - 3 days ago -
Federal judge says Illinois assault rifle ban is unconstitutional
A federal judge in Illinois ruled that the state's assault rifle ban is unconstitutional, arguing that the decision violates the Second Amendment. In U.S. District Judge Stephen McGlynn's opinion, ...Politics - The Hill - 3 days ago -
Federal agencies investigate racist texts sent after election
The FBI and other federal agencies are investigating the mass racist text messages sent after the presidential election. The messages, which referenced slavery, were sent to people around the ...Top stories - CBS News - 3 days ago -
Pentagon leaker Jack Teixeira sentenced to 15 years on federal charges
Prosecutors said Jack Teixeira "perpetrated one of the most significant and consequential violations of the Espionage Act in American history."Top stories - ABC News - 1 hour ago -
Federal telework improves productivity. Why is Congress so desperate to limit it?
A new study has found that public sector employees working remotely recorded a 12% increase in productivity compared to when they were in the office, challenging the assumption that physical ...Politics - The Hill - 10 hours ago -
Federal judge blocks Louisiana's Ten Commandments law in public schools
A coalition of parents attempting to block a state law that would require that the Ten Commandments be displayed in public school classrooms by next year have won a legal battle in federal court.Top stories - NBC News - 7 hours ago -
Federal judge temporarily blocks Louisiana's Ten Commandments in public schools law
A federal judge on Tuesday blocked a Louisiana law requiring that the Ten Commandments be displayed in all public school classrooms. U.S. District Judge John deGravelles granted a preliminary ...Politics - The Hill - 8 hours ago -
Federal Judge Blocks Louisiana Law Requiring Ten Commandments in Classrooms
The ruling is probably the first in what could be a long legal fight for conservative Christian groups hoping to amplify public expressions of faith.Top stories - The New York Times - 4 hours ago -
Syphilis cases see first substantial decline in 20 years: Federal data
Though the rate of sexually transmitted infections (STIs) remains high in the U.S., the spread of syphilis appears to be slowing, according to new federal data showing that cases grew by 1 percent ...Politics - The Hill - 5 hours ago -
Trump again asks appeals court to move New York hush money case to federal court
Former President Trump has again asked an appeals court to move his New York hush money case into federal court in a bid to stall his sentencing or toss his conviction.Top stories - ABC News - October 15 -
Drug kingpin Demetrius 'Big Meech' Flenory leaves federal prison for a residential program in Miami
Demetrius “Big Meech” Flenory, who co-founded the notorious drug trafficking organization Black Mafia Family, is serving out the remainder of his prison sentence in a residential reentry program in ...Entertainment - ABC News - October 17 -
A federal disaster fund that had 50,000 applications after twin hurricanes is now out of money
A federal disaster fund has received 54,000 applications from those impacted by the recent hurricanes, but the money won't be available for weeks.Top stories - NBC News - October 18 -
Federal officials say E. coli food poisoning linked to McDonald’s Quarter Pounders has sickened at least 49 people
Federal officials say E. coli food poisoning linked to McDonald’s Quarter Pounders has sickened at least 49 peopleHealth - ABC News - October 22