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Fed holds steady

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed skips rate cuts with inflation on ‘bumpy’ path The Federal Reserve announced Wednesday that it would keep interest rates at a 22-year high following unexpectedly high job gains and inflation readings, which delayed plans for hotly...

House’s largest conservative caucus calls for increase in retirement age

The Republican Study Committee (RSC), which comprises nearly 80 percent of all House Republicans, called for an increase in the retirement age in its budget proposal released Wednesday. The RSC budget proposes raising that age for those who are not near retirement “to account for increases in life expectancy.” The budget did not provide specifics....

Texas bus company agrees to stop transporting migrants to NYC amid Mayor Eric Adams lawsuit

Bus company Roadrunner Charters agreed on Wednesday to stop transporting migrants from Texas to New York City amid a lawsuit from Mayor Eric Adams.

GOP state attorneys push back on Biden’s proposed diversity rules for apprenticeship programs

Republican attorneys general in two dozen states are pushing back on a Biden administration plan to promote diversity and equity in workplace apprenticeship programs.

New York lawmakers expand fracking ban to include liquid carbon dioxide

The NY Senate passed a bill Wednesday that would expand the state's fracking ban, preventing companies from injecting large amounts of liquid carbon dioxide into the ground.

Conservative artist handcuffed during pizza-tossing protest outside New York City Hall

Conservative artist and activist Scott LoBaido was taken into custody Wednesday for hurling pizza slices onto the grounds of New York City Hall to protest the mayor's new emissions rules

Top chaotic moments from the House Oversight hearing into Biden family’s ‘influence peddling’

Former Hunter Biden business associates testified publicly Wednesday as the GOP pushed forward with its impeachment inquiry against President Biden, leading to several tense moments.

Maine regulators considering adoption of California EV use standards

Environmental regulators in Maine are set to determine whether the state will join others that have adopted standards aimed at increasing electric vehicle use.

AOC says Trump ‘willing to sell the country for a dollar’ as lawmakers react to potential property seizures

Former President Donald Trump has less than a week to secure a $464 million bond in his New York civil fraud case. Lawmakers weighed in on threats to seize his property.

Gov. Ivey signs Alabama absentee ballot crackdown into law: ‘Under my watch…no funny business’

Republican Alabama Gov. Kay Ivey announced Wednesday her approval of a bill restricting absentee ballot assistance and criminalizing returns of other people's ballot applications.

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