Senate Passes Defense Bill

The Senate has passed the annual defense bill by a vote of 86-11.

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Fed minutes: Most officials supported further rate cuts as worries about jobs rose

Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.

Lack of jobs data due to government shutdown muddies view of hiring

From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.

Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now

The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.

Chair of a House committee on China demands urgent White House briefing on TikTok deal

Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.

Trump’s workforce purge in DC leads to huge rise in homes for sale

A new report finds the Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress.

Poll: More Americans think companies benefit from legal immigration

A new poll finds U.S. adults are more likely than they were a year ago to think immigrants in the country legally benefit the economy. That comes as President Donald Trump's administration imposes new restrictions targeting legal pathways into the country. The Associated Press-NORC Center for Public Affairs Research survey finds Americans are more likely than they were in March 2024 to say it’s a “major benefit” that people who come to the U.S. legally contribute to the economy and help American companies get the expertise of skilled workers. At the same time, perceptions of illegal immigration haven’t shifted meaningfully. Americans still see fewer benefits from people who come to the U.S. illegally.

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