Federal Reserve Chair Jerome Powell will provide an update Wednesday on decisions reached by the nation’s central bank in meetings over the past two days.
The Fed had in recent months indicated it might roll back interest rates by this point. But no change in rates is expected at present because February’s inflation remained higher than hoped at 3.2 percent. The institution’s goal is 2 percent.
A decision to stay the course will likely disappoint progressive...
Month: March 2024
Fed holds off on rate cuts after hot jobs, inflation data
A committee of Federal Reserve officials voted Wednesday to keep interest rates at a 22-year high after unexpectedly high job gains and inflation delayed likely plans for rate cuts.
The Federal Open Market Committee (FOMC), the panel of Fed officials responsible for setting borrowing costs, voted to keep its baseline interest rate at the range of 5.25 to 5.5 percent set last June. The FOMC voted unanimously to hold rates steady.
“We believe that our policy r...
You can’t buy Mega Millions or Powerball tickets in 5 states: Here’s why
(NEXSTAR) – For most of the country, buying a lottery ticket is as simple as driving to the nearest convenience store or gas station. But for some, getting their hands on a Mega Millions or Powerball ticket requires a trip to another state entirely.
Forty-five states (as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands) currently allow the sale of lottery tickets or scratch-offs under the laws in each jurisdiction. But five — Alaba...
It’s Brown vs. Moreno in Ohio: What to know
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Biden delivers remarks on investment in America: Watch live
NOTE: This event is running behind schedule.
President Biden is expected to announce a multi-billion dollar CHIPS & Science Act award for the major chip manufacturer Intel while visiting its campus Thursday in Chandler, Ariz. — just outside Phoenix.
Intel will receive nearly $20 billion in grants and loans the administration may provide for the semiconductor company to expand operations in Arizona, Ohio, New Mexico and Oregon, a...
Ocasio-Cortez demands GOP specify actual crimes in Biden impeachment inquiry
Rep. Alexandria Ocasio-Cortez (D-N.Y.) pressured the GOP to name the specific crime they are accusing President Biden of as they proceed with their impeachment inquiry.
Ocasio-Cortez noted the recent arrest of a former FBI informant for lying to the agency, fabricating the claim that Biden accepted a bribe while vice president to take actions to benefit the Ukrainian energy company where his son served on the board.
“At this point, the story isn't the fact t...
Senate Democrats release ad targeting Ohio GOP candidate Moreno: ‘Even Republicans don’t trust him’
Senate Democrats’ campaign arm released a new ad targeting Ohio Senate GOP nominee Bernie Moreno shortly after he clinched the Republican nomination Tuesday.
The Democratic Senatorial Campaign Committee (DSCC) called the ad “Matter of Trust” and quoted statements from Moreno and his two primary opponents he defeated, state Sen. Matt Dolan and Ohio Secretary of State Frank LaRose, at debates they took part in. Dolan and LaRose are shown telling Moreno he can’t be trusted.
...
Senate Democrats release ad targeting Ohio GOP candidate Moreno: ‘Even Republicans don’t trust him’
Senate Democrats’ campaign arm released a new ad targeting Ohio Senate GOP nominee Bernie Moreno shortly after he clinched the Republican nomination Tuesday.
The Democratic Senatorial Campaign Committee (DSCC) called the ad “Matter of Trust” and quoted statements from Moreno and his two primary opponents he defeated, state Sen. Matt Dolan and Ohio Secretary of State Frank LaRose, at debates they took part in. Dolan and LaRose are shown telling Moreno he can’t be trusted.
...
Newsmax host tells Jim Jordan: Biden impeachment ‘not going anywhere’
Newsmax host Rob Finnerty pressed Rep. Jim Jordan (R-Ohio) on the House GOP impeachment probe into President Biden, repeatedly asking him if a vote on impeaching Biden would be put up for a vote on the floor.
"So, is this moving? Again, seven and a half months to go until the election ... is impeachment the next step? Are you going to hold a vote on the House floor?" Finnerty asked Jordan during an appearance on his show Wednesday morning.
"Unless you get ...
Newsmax host tells Jim Jordan: Biden impeachment ‘not going anywhere’
Newsmax host Rob Finnerty pressed Rep. Jim Jordan (R-Ohio) on the House GOP impeachment probe into President Biden, repeatedly asking him if a vote on impeaching Biden would be put up for a vote on the floor.
"So, is this moving? Again, seven and a half months to go until the election ... is impeachment the next step? Are you going to hold a vote on the House floor?" Finnerty asked Jordan during an appearance on his show Wednesday morning.
"Unless you get ...