Politics
Trump goes on offense in courts, sues to end union protections for 1 million feds
Pummeled by a wave of legal challenges, the administration went on offense, filing its own federal lawsuit to carry out President Trump's…
Tag
Feds
Business
Asian markets get ‘breather’ with US Fed’s rate cut pause
The US Federal Reserve’s decision to hold off on interest rate cuts gives Asian markets “a breather” and more room for certainty, said…
Politics
New York City sues to force feds to give back $80 million in migrant money
New York filed a lawsuit Friday asking a judge to restore $80 million in migrant aid money that the Trump administration plucked out of…
Politics
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump…
Business
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
Politics
Feds spent millions to create 'transgender' lab testing animals
Members of Congress exploded Thursday over reports that taxpayer money has paid for experiments using "transgender lab rats," saying it…
Business
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The Federal Reserve wants to see more evidence that inflation is easing before resuming interest rate cuts. The latest data presented a…
Business
High Inflation and New Tariffs Will Make the Fed’s Job Tougher
High inflation is stoking fresh debate about how the Federal Reserve should respond to President Trump’s sweeping plans to reorder the…
Business
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
The Federal Reserve’s efforts to orchestrate a “soft landing” for the United States economy are facing a torrent of uncertainty as the…
News
Feds Raid and Arrest 50 Illegal Migrants Including Dozens of Tren de Aragua Members at Makeshift Nightclub in Denver
Federal agents conducted an overnight raid on a "makeshift nightclub" in Denver, arresting at least 41 Tren de Aragua gang members. The…
News
Feds Want $18.1 Million in Restitution for Shohei Ohtani's Ex-Interpreter
✓ Link copied to clipboard! According to a new report, federal prosecutors have asked for a nearly five-year sentence and $18.1 million in…
Business
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The…
Business
Gold subdued; investors await US data for cues on Fed’s policy path
GOLD prices were subdued on Thursday (Jan 9) as rising yields and a stronger US dollar weighed, while investors awaited US data for…
Business
Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor
Michael Barr will step down from his role as the Federal Reserve’s vice chair for supervision by Feb. 28, or sooner if President-elect…
News
Feds look for links between Cybertruck explosion and New Orleans attack, seek other suspects
Authorities are looking for possible connection between the attack in New Orleans that killed 15 and the explosion of a Tesla Cybertruck…
Business
Asia: Markets mixed as traders digest Fed’s hawkish pivot
EQUITIES fluctuated on Friday (Dec 20) and the US dollar maintained its gains against its peers as investors assessed the fallout from the…
Business
Europe: Stoxx 600 clocks worst day in more than a month after Fed’s hawkish signal
EUROPEAN stocks fell on Thursday (Dec 19), with the benchmark Stoxx recording its biggest single-day drop since early November as…
Business
Fed’s hawkish tilt has emerging markets scurrying to save currencies
CENTRAL banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday (Dec 19), hours after the Federal…
Business
S-Reits fall despite US Fed’s 25-basis-point rate cut
SINGAPORE-LISTED real estate investment trusts (S-Reits) were a sea of red on Thursday (Dec 19) afternoon, even after the US Federal…
Business
S-Reits fall despite Fed’s 25-basis-point rate cut
SINGAPORE-LISTED real estate investment trusts (S-Reits) were a sea of red on Thursday (Dec 19) afternoon, even after the US Federal…
Business
Ahead of Fed’s final meeting of 2024, all eyes on the gifts that Powell might dole out
LAST Christmas, the US Federal Reserve gave the stock market a change of heart. This year, to save economists from tears, the central bank…
News
Feds to Deploy High-Tech System to Track Drone Swarms Over NYC, NJ that Have Raised Concerns Across the United States
Federal authorities are preparing to introduce an advanced drone detection system in New York State as a growing number of unidentified…