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Has the Fed peaked?

  Presented by Capital One —  {beacon}   Business & Economy     Business & Economy   PRESENTED BY  The Big Story  Fed reaches turning point in inflation fight After holding interest rates steady for the third straight meeting, the Federal Reserve signaled its rate hike crusade may soon be over. © AP Photo/Susan Walsh “We...

Trump campaign touts Jan. 6 case pause as ‘big win’

The Trump campaign on Wednesday took a victory lap over a judge’s ruling to pause proceedings in the former president’s federal election interference case, claiming it “derails” the government’s efforts to try the case before the 2024 election. Campaign spokesperson Steven Cheung welcomed the decision by Judge Tanya Chutkan to pause proceedings while Trump appeals...

Nations strike historic deal to transition off fossil fuels

Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment   The Big Story Nations strike historic deal to transition off fossil fuels In an unprecedented move, nearly 200 countries agreed to “transitioning away” from fossil fuels in energy systems in an agreement reached at the global climate summit. ©...

Dow hits all-time high, closing above 37,000 for first time

The Dow Jones Industrial Average hit an all-time high Wednesday, surpassing 37,000 for the first time, after the Federal Reserve opted to hold interest rates steady once again and signaled the possibility of rate cuts next year. The Dow closed at 37,090, up 1.4 percent, as the central bank indicated that its nearly two-year campaign...

The Hill’s Evening Report — GOP vows contempt against Hunter Biden

Presented by Delta Air Lines — House GOP chairmen said they'll kick off contempt of Congress proceedings against Hunter Biden after the president's son failed to appear for a Wednesday deposition. {beacon} Evening Report   © Getty House GOP chairmen vow to hold Hunter Biden in contempt House Oversight Chair James Comer (R-Ky.) and Judiciary Chair Jim Jordan...

Ex-officer involved in Breonna Taylor raid to be retried

An ex-Louisiana officer accused of violating Breonna Taylor's civil rights in a 2020 raid that led to her death will face a new trial, federal prosecutors announced Wednesday.  The news comes after a federal jury last month reached an impasse, forcing a mistrial in the case against Brett Hankison.  On March 13, 2020, officers in Louisville, Ky.,...

Apple shields push notification data without court order

Welcome to The Hill's Technology newsletter {beacon} Technology Technology   The Big Story Apple to require court orders for push notification data The tech giant is shifting away from its practice of accepting subpoenas to hand over push notification data to law enforcement. © Thomas Trutschel/Photothek via Getty Images A user’s Apple account, known as...

1 Marine killed, 14 injured in vehicle rollover in California

One Marine died Tuesday in a tactical vehicle rollover at Marine Corps Base Camp Pendleton, Calif., the service revealed Wednesday. The rollover of the Amphibious Combat Vehicle occurred around 6 p.m. local time during a training exercise, with 14 other Marines also in the vehicle at the time of the accident, according to a Marine...

Mixed feelings on COP28 fossil fuels deal

Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability   The Big Story Mixed feelings on COP28 fossil fuels deal Nearly 200 nations pledged to work toward “transitioning away from fossil fuels in energy systems” in an unprecedented but nonbinding agreement on Tuesday. © AP Photo/Kamran Jebreili Although the terms of this year’s accord...

New Mexico Supreme Court considers challenge to local anti-abortion ordinances

New Mexico’s highest court is considering whether a 19th-century federal law allows local governments to ban abortion despite some of the most permissive state laws in the country.  The state Supreme Court heard oral arguments Wednesday on a challenge from the state, which asked the justices to invalidate local laws passed by four conservative counties...

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