Fed cuts rates again, but Powell says Dec. reduction not guaranteed
The US Federal Reserve cut interest rates by a quarter-percentage point, but Chair Jerome Powell said the path forward is “not a foregone conclusion."
The US Federal Reserve cut interest rates by a quarter-percentage point, but Chair Jerome Powell said the path forward is “not a foregone conclusion."
If the current trend keeps up, the future of House elections in many states will be determined by the most recent makeup of their legislatures.
The unmistakable shift in the dynamics, after 29 days, stems from more than a dozen Semafor sources in both parties.
Imbue's Matt Boulos, a founding member of the organization, hopes to see agentic AI develop common protocols, much like the early web.
In an unusual move, lawmakers are sending billions in funding for defense technology companies through the reconciliation budget.
The Trump administration has drawn up a shortlist for Federal Reserve chair Jerome Powell’s replacement.
The plan is still to pressure Democrats to support a clean stopgap bill to reopen the government.
The expected quarter-point cut is likely to draw criticism from candidates auditioning to be the central bank's next head.