federal
Anna Moneymaker/Getty Images (WASHINGTON) — The Federal Reserve on Thursday will announce its latest decision on the direction of interest rates, setting the path for borrowing costs just two days after the victory of President-Elect Donald Trump. The Fed cut its benchmark interest rate a half of a percentage point in September, dialing back its […]
Photo by Salwan Georges/The Washington Post via Getty Images (WASHINGTON, D.C) — Federal security agencies are sounding the alarm about alleged hate crimes targeting Muslim Americans and communities perceived to be Muslim, according to a new report obtained by ABC News. The new joint intelligence bulletin (JIB) – published a week after the anniversary of […]
Witthaya Prasongsin/Getty Images (WASHINGTON) — Federal prosecutors have officially charged Ryan Routh with attempting to assassinate former President Donald Trump, a source familiar with the matter confirms to ABC News. The move was expected and previewed both by prosecutors in a court hearing yesterday and by Attorney General Merrick Garland in a news conference this […]
Anton Petrus/Getty Images (NEW YORK) — The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank’s fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however, whether the Fed will continue to lower rates and further ease the burden for people and companies […]
Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and could deliver relief for borrowers saddled with high costs. The central bank’s first rate cut since 2020 came after a […]
Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve is set to make a pivotal decision about its benchmark interest rate on Wednesday that could dial back its years-long fight against inflation. Investors widely expect the Fed to cut interest rates for the first time since 2020, delivering long-sought relief for consumers saddled by high […]
Robert F. Kennedy Jr. speaks at the Libertarian National Convention on May 24, 2024, in Washington, D.C. (Kevin Dietsch/Getty Images) (WASHINGTON) — The National Oceanic and Atmospheric Association is investigating Robert F. Kennedy Jr. after the resurfacing of a decades-old incident in which Kennedy allegedly drove a dead whale’s head across state lines, a representative […]
Jason Marz/Getty Images (MEMPHIS, Tenn.) — Jury selection is set to begin Monday in the federal trial of three former Memphis officers charged in connection with the death of Tyre Nichols: Tadarrius Bean, Demetrius Haley and Justin Smith Nichols, 29, died several days after a January 2023 traffic stop captured in body camera footage and […]
J.Castro/Getty Images (WASHINGTON) — In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit – the gap between government revenue vs. spending – will be $1.9 trillion for the 2024 fiscal year. The deficit forecast is $400 billion higher than the CBO’s last estimate in February, an increase of 27%. The […]
Getty Images – STOCK (DES MOINES, Iowa.) — A federal judge in Iowa paused a state law giving local law enforcement the ability to arrest migrants in the state illegally, saying it is not the state’s job, but rather the job of the federal government to enforce immigration laws. Signed into law in April, SF2340 […]