Spending in the retail and airline sectors saw a boost last month as inflation hit a plateau and consumer prices evened out, according to a new analysis. According to the U.S. Mastercard SpendingPulse report for May, published Wednesday, U.S. total retail sales — not including auto — grew online by 7.8 percent and in store...
The Federal Reserve held interest rates at a 23-year high Wednesday as its battle to bring down inflation drags deeper into 2024. The announcement follows a two-day meeting of the central bank’s monetary policy committee, which raised borrowing rates from near zero in March 2022 to a range of 5.25 percent to 5.5 percent as...
Culture war amendments that could be added to the House’s mammoth annual defense bill threaten to turn the normally bipartisan measure into a partisan one, potentially complicating its path to final approval and creating headaches for GOP leaders down the line. The House will vote this week on whether to attach those amendments to the...
Children who are in residential treatment facilities are at risk for sexual and emotional abuse, physical restraint and overmedication, a new Senate report found. The report, conducted by the Senate Committee on Finance and the Senate Committee on Health, Education, Labor, and Pensions, was created after an investigation examined allegations of abuse and neglect at...
U.S. Park Police say they are investigating “criminal activity" after thousands of anti-Israel agitators descended on Washington, D.C.’s Lafayette Square over the weekend.
Sen. Durbin will try to force a vote on a Supreme Court ethics reform bill amid mounting Democratic calls for Justice Alito to recuse himself in the Trump immunity case.
Russian President Vladimir Putin is giving a warning to President Biden by sending a fleet of warships to Cuba. Putin has threatened to arm U.S. neighbors.