News

Treasury secretary calls on Congress to raise or suspend the debt ceiling by mid-July
WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...
Fed's Musalem: Should not commit to rate cuts until tariff impact becomes certain
The Fed should not commit to further interest rate cuts until it is clear whether the Trump administration's tariff policies ...
Federal Reserve official sees signs of slowing economy but not ready to cut rates
WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, ...
Exclusive-Fed’s Hammack wants clear data before moving on rates, not much data by June
"There’s not a lot of data between now and June," when the Fed next meets to set interest rates, she said in an interview on ...
New Jersey mayor arrested at ICE detention center where he was protesting, prosecutor says
NEWARK, N.J. (AP) — Newark Mayor Ras Baraka was arrested Friday at an federal immigration detention center where he was ...