Dec 13 Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year By Christopher Rugaber, Associated Press Those envisioned rate cuts — which wouldn't likely begin until the second half of 2024 — suggest that the officials think high borrowing rates will still be needed for much of next year to further slow spending and inflation. Continue reading
Dec 13 Biden meets with the families of Americans believed to be taken hostage by Hamas By Zeke Miller, Associated Press President Joe Biden on Wednesday held his first in-person meeting with the families of some of the eight Americans still unaccounted for and presumed taken captive by Hamas during its deadly Oct. 7 attack on Israel. Continue reading
Dec 13 Testimony wraps in Trump's civil fraud trial, verdict expected next month By Jennifer Peltz, Associated Press The last hours of testimony came Wednesday and concerned accounting standards. Closing arguments are set Jan. 11. Continue reading
Dec 13 WATCH: Federal Reserve Chair Jerome Powell holds news briefing following interest rate meeting By Christopher Rugaber, Associated Press The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year. Continue reading
Dec 13 WATCH: House authorizes Biden impeachment inquiry along party lines By Farnoush Amiri, Associated Press Every Republican rallied behind the politically charged process despite lingering concerns among some in the party that the investigation has yet to produce evidence of misconduct by the president. Continue reading
Dec 13 WATCH: Biden delivers remarks at meeting of National Infrastructure Advisory Council By News Desk President Joe Biden delivered remarks Wednesday afternoon at a meeting of the National Infrastructure Advisory Council. Continue reading
Dec 13 WATCH: White House holds news briefing as Biden considers new border restrictions By Stephen Groves, Lisa Mascaro, Colleen Long, Associated Press As details of the plan emerged, advocates for immigrants and members of President Joe Biden’s own Democratic Party fretted about the policies under discussion. Continue reading
Dec 13 At COP 28, global consensus on how climate change affects health By Janet Tobias, Global Health Reporting Center, Tess Wiskel, MD Nearly 200 nations reached a deal Wednesday that called for a transition away from fossil fuels, the first time they were mentioned directly in a COP agreement. Continue reading
Dec 13 Live updates: Israel continues air and ground offensive in Gaza despite U.S. criticism By Associated Press The United Nations General Assembly voted overwhelmingly Tuesday to demand a humanitarian cease-fire, General Assembly resolutions are not legally binding, but the assembly's message in favor of ending the Israel-Hamas war serves as an important barometer of world opinion. Continue reading
Dec 13 Supreme Court to hear case on limits for commonly used abortion medication By Mark Sherman, Associated Press The Supreme Court has agreed to take up a dispute over a medication used in the most common method of abortion in the United States. Continue reading