The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped a tentative hint that the current tightening cycle is at an end.In a unanimous decision widely expected by markets, the central bank’s Federal Open Market Committee raised its benchmark borrowing rate by 0.25 percentage point.… […]
So the Black Caucus, joined by a coalition of progressive groups, is turning up the heat on Senate Democrats in what’s becoming the most consequential battle over chamber rules since Democrats tried last year to weaken the filibuster. “I don’t know why anyone, let alone Senate Democrats, would hold up a Jim Crow practice,” Black… […]
Dan Rosensweig, CEO, CheggScott Mlyn | CNBCChegg’s stock returned to the plus side on Wednesday after the online education company lost half its value a day earlier due to concerns about the potential impact of ChatGPT on its business.As of early afternoon New York time, Chegg shares were up 17% to $10.63. But that’s still… […]
Some Republicans — particularly House conservatives — see that as a win for Democrats and Biden, who have been pushing to lift to the debt ceiling with no strings attached as the GOP calls for significant cuts to federal spending in exchange. So they’re not looking to open that particular escape hatch, at least not… […]
The new calculation drastically raised the stakes of the ongoing standoff over the nation’s debt limit, turning what officials expected would be a monthslong political fight into a brutal four-week brawl with the fate of the U.S. economy on the line. Biden has now invited the top four congressional leaders to a meeting on May… […]
Senate Majority Leader Chuck Schumer holds sheets of paper with talking points on debt ceiling legislation during a press conference on Capitol Hill on May 2, 2023. | Francis Chung/POLITICO Chuck Schumer spoke to Sen. Dianne Feinstein on Monday and the ailing California Democrat is “hopeful” she’ll return to Washington next week, according to notes… […]
Min was pulled over near the state Capitol by the California Highway Patrol when he drove through a red light with his headlights off, according to the arrest report. Officers conducted a DUI test and arrested him on suspicion of driving with a blood alcohol level above the legal limit. He was booked into the… […]
Looking to save on a new grill? Scroll to the bottom of the page for some of the best Memorial Day deals on grills, or check out our full roundup of all the Memorial Day grill sales to shop this weekend. When BBQ season approaches, it only makes sense to start looking at the best… […]
By HALLIE GOLDEN Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The oldest known wild bird in the world has laid an egg at the ripe age of about 74, her first in four years, U.S. wildlife officials said. The long-winged seabird named Wisdom, a Laysan albatross, returned to Midway Atoll National Wildlife Refuge at the […]
LeBron creates 41K-point club, notches triple-double in Lakers’ OT loss (2:05) LeBron James makes more NBA history, tallying his 119th career triple-double while becoming the first player to reach 41,000 career points. (2:05) Dave McMenamin, ESPN Staff WriterDec 7, 2024, 01:24 AM ET Close Lakers and NBA reporter for ESPN. Covered the Lakers and NBA […]
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