Federal Reserve officials capped their first monetary policy meeting of 2024 by leaving the central bank’s benchmark interest rate unchanged, a decision that was widely expected on Wall Street. But policymakers signaled they want to see more progress made on battling inflation this year,...
federal
How Texas’ defiance of federal rule echoes segregationists
Texas Gov. Greg Abbott’s years of defiance of federal rule has escalated to a standoff at the border with lives on the line. A Justice Department filing with the Supreme Court on Monday underscored the legal bankruptcy of Texas’ position as well as the high stakes of its intransigence....
Hunter Biden set to be arraigned in LA on federal tax charges – Press Enterprise
By FRED SHUSTER LOS ANGELES — One day after Hunter Biden’s surprise appearance on Capitol Hill at a committee meeting over whether to hold him in contempt of Congress, President Joe Biden’s son is expected to be arraigned Thursday in Los Angeles federal court on unrelated tax charges....
Family-run businesses, contractors and tens of thousands of federal workers wait as Congress attempts to avoid government shutdown
Marty Nohe, who owns a family-run appliance store and distribution center in Woodbridge, Virginia, said his employees have asked him “why business was so quiet.” He said, “I told them, ‘Haven’t you been watching the news?'” He says he watched customer traffic dwindle at least twice in 2023...
Ex-Anaheim mayor Harry Sidhu to plead guilty to federal charges
Former Anaheim Mayor Harry Sidhu, who championed the sale of Angel Stadium to a company controlled by the team’s owner, has agreed to plead guilty to federal charges stemming from the since-scuttled deal. The charges against Sidhu in a plea agreement filed Wednesday in U.S. District Court...