Business
US Fed’s Goolsbee welcomes latest inflation data, says more rate cuts may loom
FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it…
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Feds
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New York gave illegal driver's licenses to foreign truck drivers: Feds
New York has intentionally been giving out truck driver's licenses to illegal immigrants in violation of federal rules, the Transportation…
Business
Fed’s favorite inflation indicator stayed elevated in September as spending weakened
The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate…
Business
Wall Street opens higher as markets mull Fed’s next step
US stocks opened higher on Tuesday (Dec 2), steadying after Wall Street’s first pullback in more than a week in the previous session, on…
News
Feds clam up a year after New Jersey drone sightings
Look, up in the sky! It's a bird. It's a plane. It's -- well, it's been a year since the drone sightings over New Jersey and we still…
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Feds Drop Case After Border Patrol Bragged About Shooting Defendant
The Trump administration first bungled the release of the files in July, when the Justice Department issued a memo that contradicted…
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Illegal immigrant used gun-show loophole to traffic firearms: Feds
Federal authorities have brought a gun trafficking case against an illegal immigrant after he allegedly used private sales at gun shows…
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The Fed’s Latest (Sort of) ‘Mission Accomplished’
The week of October 27, 2025: The Fed’s rate cut, climate policy, the FTC, tariffs, and much, much more. Source link
Business
Fed's Waller calls for December rate cut, as hawks press for policy pause
A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest…
Business
How the Fed’s rate cut will impact your finances
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had…
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Senate bill would increase $10,000 thresholds for financial transactions banks must report to feds
Senate Republicans have introduced legislation to increase the reporting thresholds for currency transaction reports and suspicious…
Business
Fed’s Kashkari: Economy may not be slowing as much as we think
MINNEAPOLIS Federal Reserve President Neel Kashkari said on Thursday he does not think that there is a big chance the labour market will…
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Fed’s independence still in jeopardy even as governor Lisa Cook stays in job for now
Analysts say that an ouster by Trump would undermine trust in an institution that lies at the heart of the trust-based financial system…
Business
US may need more slack in job market to hit 2% inflation: Fed’s Logan
The US labour market likely needs to weaken further for the Federal Reserve to achieve its 2 per cent inflation target, as prices are…
Business
Fed’s Goolsbee says new tariffs renewing business uncertainty
Inflation remains above the central bank’s 2% goal and has accelerated since April, according to policymakers’ preferred gauge US Federal…
Business
Fed’s favored inflation gauge climbs slightly in August
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday…
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Judge rules feds can't require states to cooperate on immigration to get disaster money
A federal judge in Rhode Island ruled on Wednesday that it's unconstitutional to require states to cooperate on immigration enforcement…
Business
The Fed’s decision on its benchmark interest rate shows unity against Trump’s attacks
The Federal Reserve’s nearly unanimous decision Wednesday to reduce its key interest rate was seen by many observers as a quiet show of…
Business
Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market…
Business
Fed’s quarter-point rate cut does not signal a sustained easing cycle: analysts
Market watchers believe the US dollar could see near-term resilience while the recent gold rally could slow down Asia’s equities markets…
Business
US: Wall St opens flat ahead of Fed's policy decision
Wall Street’s main indexes opened subdued on Wednesday (Sep 17) ahead of a widely anticipated interest-rate cut from the Federal Reserve…
News
Feds rebuke Loudoun County for suspending boys who complained about biological girl in locker room
The Trump administration gave Loudoun County Public Schools a deadline on Tuesday to enter into a resolution agreement after finding that…
Business
European Shares Slip as Banks, Insurers Fall Ahead of Fed's Rate Decision
European shares fell slightly on Tuesday as cautious sentiment gripped markets ahead of the U.S. Federal Reserve's closely watched policy…
Business
Europe: Shares finish near three-week high, luxury shines; Fed’s next move awaited
EUROPEAN shares closed near a three-week high on Monday, with luxury and defence stocks boosting the main index ahead of key meetings at…