The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency. The Fed is also tipped to signal a slower ...
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Biden signs defense bill despite misgivings about provision limiting transgender care
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Biden Signs Spending Bill, Finalizing End to Shutdown Drama
Biden signs defense bill despite transgender care restrictions
President Joe Biden on Monday signed a $895 billion Pentagon policy bill despite language he said he "strongly opposes" that restricts medical treatment for transgender youth. The National Defense Authorization Act passed with bipartisan support in both chambers after months of negotiations.
Biden has battled inflation from the start, but critics say he helped fuel it with trillions of dollars in deficit spending during his four years in office.
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.
Tuko on MSN10d
Fed expected to cut rates in last meeting of Biden erahe US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency. The Fed is also tipped to signal a slower path ...
President Joe Biden is only a few weeks away from the end of his time in office, and one key part of his legacy is undeniable:
Mike Mussio, president of FBB Capital Partners, said that with the Federal Reserve signaling just two rate cuts next year, along with another government budget showdown looming, "it could be a very short-lived honeymoon" for President-elect Donald Trump.
The White House and others kept pointing to jobs figures as proof of the Biden-Harris administration’s economic success. But voters intuitively knew better, and they were right.
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Trump’s ability to project strength and assure voters that he would reduce inflation helped him win November’s election. Stocks initially climbed on the prospect of tax and regulatory cuts, but Trump still faces a skeptical public and appears to be starting his presidency from a more delicate position than Biden did four years ago.
Congress looks poised to avert a government shutdown at midnight, but it sure hasn’t been easy. Here’s the latest. House Passes Bill to Avoid Shutdown, Ditching Trump Demand With just hours to go before a midnight shutdown deadline,
Report © Greg NashGOP divisions emerge as shutdown deadline nears SPEAKER MIKE JOHNSON HAS A MESS on his hands as Congress faces a Friday deadline to pass a short-term
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