The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession.
Donald Trump’s closest campaign advisers, top government officials and even his family were dismantling his false claims of 2020 election fraud ahead of Jan. 6, but the defeated president was becoming “detached from reality” and clinging to outlandish theories to stay in power, the committee investigating the Capitol attack was told Monday.
NEW YORK (AP) — Wall Street tumbled into what’s called a bear market Monday after fears about a fragile economy …
The compromise would make the juvenile records of gun buyers under age 21 available when they undergo background checks. The suspects who killed 10 people at a grocery store in Buffalo and 19 students and two teachers at an elementary school in Uvalde were both 18, and many of the attackers who have committed mass shootings in recent years have been young.
House investigators are making the case to the American public in a prime-time hearing that the
The average price that Americans pay for gasoline is closing in on $5 a gallon, another drain on the wallets of consumers who are paying more for many other essentials too.
Abbott Nutrition has restarted production at the Michigan baby formula factory that has been closed for months due to contamination, the company said Saturday, taking a step toward easing a
The administration announced the action as President Joe Biden considers broader student loan forgiveness for millions of Americans. As a candidate, Biden said he supports forgiving $10,000 in student loans for all borrowers. He later indicated that such action should come through Congress, but the White House has said he is considering whether to pursue it through executive action.
A jury's finding that both Johnny Depp and his ex-wife, Amber Heard, were defamed in a long-running public dispute capped a lurid six-week trial that also raised questions about whether the two actors can overcome tarnished reputations.
A gunman carrying a rifle and a handgun killed four people Wednesday at a Tulsa medical building on a hospital campus, police said, the latest in a series of deadly mass shootings across the country in recent weeks.
The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow — for a car, a home, a business deal, a credit card purchase — all of which will compound Americans' financial strains and likely weaken the economy.
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world's richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Gilbert Gottfried, the actor and legendary standup comic known for his raw, scorched voice and crude jokes, has died. He was 67.
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