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Federal Reserve Chair Jerome Powell signaled the central bank is proceeding with caution after a rate cut to 3.75%-4%. Powell says another cut in December isn’t guaranteed, citing delays in government data and ongoing inflation concerns.
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The Federal Reserve lowered rates by another quarter point to a range of 3.75%–4%, citing a weakening labor market and persistent inflation.
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President Donald Trump has abruptly dismissed all members of the Fine Arts Commission, clearing the way for a controversial ballroom and a monument dubbed the “Arc de Trump.” Critics call the moves ego-driven and historically reckless.
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A new Economist/UGA poll shows President Donald Trump hitting a new low with just 39% of Americans approving of his job performance. The backlash comes as Americans reject costly White House renovations and political pardons.
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The federal government shutdown stretches into its 28th day as the Senate remains gridlocked. Vice President JD Van says troops will still be paid, but lawsuits over SNAP benefits are piling up. Even some Republicans say piecemeal solutions aren’t the answer.
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SNAP food aid for 42 million Americans is on the chopping block as the shutdown drags on. Lawsuits are brewing, Senate Republicans are divided, and food banks brace for impact.
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Karine Jean-Pierre opens up about her time inside the Biden White House and her shock when the president ended his campaign. In her new book “Independent,” Jean-Pierre calls on Americans to stay engaged and warns democracy is “hanging by a thread.”
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