Kevin Warsh, picked by Donald Trump, was sworn in as Federal Reserve chair last month and has set out an ambitious and wide-ranging reform agenda. (EPA Images pic) WASHINGTON: US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank’s rate-setting committee next week, c»»»

WASHINGTON: US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week caught between a rock and a hard place. Inflation is at a three-year high but Warsh still faces unrelenting pressure from the White House to lower interest rates. The»»»

WASHINGTON, June 14 — US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank’s rate-setting committee next week caught between a rock and a hard place. Inflation is at a three-year high but Warsh still faces unrelenting pressure from the White House to lower interest »»»

1 of 3 | Sen. John Cornyn, R-Texas, the Republican who has held a Texas Senate seat since 2002, edged Attorney General Ken Paxton by a percentage point in the March 3 Republican primary. File Photo by Bonnie Cash/UPI | License Photo May 26 (UPI) -- President Donald Trump's endorsements loom large o»»»

WASHINGTON, United States, March 30, 2026 (BSS/AFP) - Feed an Iranian news dispatch or a literary classic into some text detectors, and they return the same verdict: AI-generated. Then comes the pitch: pay to "humanize" the writing, a pattern experts say bears the hallmarks of a scam. As AI falseho»»»

WASHINGTON: The US Federal Reserve kept interest rates unchanged as expected on Wednesday, in defiance of President Donald Trump, as the world’s largest economy battles stubborn inflation, weak labour demand and an “uncertain” economic outlook due to the war in Iran. The 11-1 vote kept rates steady»»»

WASHINGTON - The US Federal Reserve kept interest rates unchanged March 18 as expected, in defiance of President Donald Trump as the world’s largest economy battles stubborn inflation, weak labour demand and an “uncertain” outlook due to the war in Iran. The Fed’s 11-1 vote kept rates steady at a r»»»

close Video NEWYou can now listen to Fox News articles! Illinois Lt. Gov. Juliana Stratton is on a glide path to the U.S. Senate. But Stratton, who captured the Democratic Senate nomination in blue-leaning Illinois by winning Tuesday's primary, has made it clear that if she makes it to Capitol Hill»»»

A view of the US Supreme Court in Washington on July 1, 2024 Reuters-Yonhap The US Supreme Court is expected to issue rulings ​Friday as it weighs cases with major implications both nationally and around the world including the legality of President Donald Trump's sweeping global tariffs. The court»»»

At best you get “mystery meat”. Or “sour-smelling heaps” of macaroni. In the worst cases, it’s undercooked chicken, spoiled milk and maggot-infested produce. In prisons and jails across the US, people are routinely fed unhealthy, tasteless or inedible meals. Many are left hungry and malnourished, w»»»

When Bianca Jones, a 33-year-old special education teacher in Memphis, Tennessee, decided a couple of years ago that she wanted to buy a house, she started digging into her Experian credit report. She was shocked by what she found. Her student debt had been double-counted, making it look as though »»»

Responding to a friend's question about who else was “down there,” the child sex trafficker said, among others, “Trump.” WASHINGTON – An email written by Donald Trump’s once-close friend Jeffrey Epstein suggests the two men maintained contact after Trump became president, contradicting Trump’s oft-»»»

The government shutdown is triggering a wave of closures of Head Start centers, leaving working parents scrambling for child care and shutting some of the nation’s neediest children out of preschool. Dozens of centers are missing out on federal grant payments that were due to arrive Nov. 1. Some sa»»»

29 Alex Ovechkin scored his 899th career goal and the visiting Washington Capitals beat the Columbus Blue Jackets 5-1 on Friday night. Ovechkin, who passed Wayne Gretzky to become the NHL's all-time leading goal- scorer in April, gave the Capitals a 2-0 lead at 1:36 of the third period. Dylan Strom»»»

The D.C. Buffet Never Closes Somewhere in the marble maze of Washington, a crowd of well-fed suits is clinking glasses and congratulating each other on surviving another “crisis.” Out here in the real world, the lights are flickering, the fridge is empty, and the gas gauge is kissing E. Government »»»

A divided US appeals court ruled on Friday that most of Donald Trump's tariffs are illegal, undercutting the Republican president's use of the levies as a key international economic policy tool. The court allowed the tariffs to remain in place through October 14 to give the Trump administration a c»»»

Tariffs in the 10%-15% range likely will generate significant amounts of new revenue without much damage to economic activity Legend has it that the supply-side revolution – Ronald Reagan’s 1981 cut in the US top income tax rate to 40% from 70%– began in a Washington restaurant, when economist Arth»»»

Economists predict the US could see more people leaving than entering for the first time in over 50 years, potentially in 2025. This shift, linked to stricter immigration policies, impacts sectors like agriculture and construction. Concerns rise about economic growth, inflation, and labor shortages»»»

USA-TRUMP/TARIFFS-INDIA-DAIRY (PIX, TV):India's dairy sector pushes for safeguards in US trade talks By Rajendra Jadhav and Amit Dave India's dairy sector pushes for safeguards in US trade talks MUMBAI, - India, the world's largest milk producer, must protect millions of small dairy farmers in its »»»

WASHINGTON: US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data published Friday, buoying investors navigating the early turbulent months of Donald Trump’s second presidency. Since returning to office in January, Trump has looked to s»»»

Debanking, the removal or refusal of banks to offer accounts to customers, is a hot topic in Washington, with Federal Reserve Chairman Powell pledging to examine the issue. One of us testified before Congress that the high cost of basic banking causes people to be debanked. Today, 5.6 million house»»»