Fed cuts interest rates by a quarter point amid apparent split over US economy
Divisive vote to lower rates highlights uncertainty in the Fed as economy absorbs major shakeups, including tariffs The US Federal Reserve announced on Wednesday that it was...
U.S. Showing Signs of ‘Rapid Authoritarian Shift,’ Civic Freedoms Report Warns
The U.S. is showing signs of undergoing a “rapid authoritarian shift” as civic freedoms in the country decline following President Donald Trump’s return to the...
More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership is increasingly out of reach for most U.S. families as the gap between people's earnings and home prices widens, according to a new analysis. More than...
US households’ personal finance worries grew in November, New York Fed says
U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held...
U.S. halts all immigration cases, including citizenship ceremonies, for nationals of 19 countries, internal guidance says
The Trump administration has halted all immigration applications filed by people from 19 countries, its latest move to restrict legal immigration pathways following the shooting of...
Trump claims to void all documents signed by Biden, citing autopen use
Presidents of both major parties have used the device and experts called into question legality of Trump’s move Donald Trump said on Tuesday he is terminating...
US manufacturing stuck in doldrums as tariff headwinds persist
U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted....
Americans spending more for the holidays despite dour economic views
Americans may not be feeling jolly about their economic prospects, but that didn't stop shoppers from opening their wallets on Black Friday and driving spending to new records....
Investigators plead for tips after 3 children, 1 adult killed in shooting at child’s birthday party
Authorities in California appealed to the public for tips, cellphone video, witness accounts and even rumors as they searched Sunday for a suspect in the...