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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.

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 - 22 hours 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 ...

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 - Yesterday

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. - 21 hours 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 ...

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 - 18 hours 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.

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 - 2 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.

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.

Federal officials say E. coli food poisoning linked to McDonald’s Quarter Pounders has sickened at least 49 people

Health - ABC News - October 22

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