(WASHINGTON) -- To avert a shutdown, Speaker Kevin McCarthy said the House should still try to pass a Republican short-term funding measure next week in addition to the individual spending bills, despite GOP holdouts."I would like to -- you need to -- because I... Read More.
(WASHINGTON) -- The Federal Reserve left its benchmark interest rate unchanged on Wednesday, pausing an aggressive inflation fight amid growing optimism that the United States can achieve normal price levels without falling into a recession.The central bank expects to raise rates one more time this... Read More.
(WASHINGTON) -- Upon announcing the Federal Reserve's latest rate-hike decision in July, Fed Chair Jerome Powell spoke at a lectern in Washington D.C. for 33 minutes before he dropped a bombshell: The central bank's staff had abandoned its forecast of a recession.Staff at the... Read More.
(WASHINGTON) -- After optimistic talk from both House Speaker Kevin McCarthy and President Joe Biden earlier this week, Rep. Garrett Graves, who is leading debt ceiling talks for House Republicans, said Friday negotiations have hit a snag."We decided to press pause because it's just... Read More.
(WASHINGTON) -- As a bipartisan group of senators -- a smaller subset of the original group of 10 -- prepared to meet in person on Monday night to go over options for possible gun legislation, members from both sides of the aisle were expressing... Read More.