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Federal Reserve Holds Key Rate Steady, Former Officers Acquitted in Tyre Nichols Case | Latest News

On Thursday's episode of The Excerpt podcast: The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon. Commercial Appeal Criminal Justice Reporter Lucas Finton has the latest from Memphis after for...

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Federal Reserve Takes Patient Approach on Interest Rates Amid Tariff Concerns

As the Federal Reserve assesses the economic risks presented by President Donald Trump's tariffs, Chair Jerome Powell is opting for a cautious approach. ...

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Federal Reserve Interest Rate Announcement: What to Expect

Despite President Donald Trump pushing for lower interest rates, economists predict the Federal Reserve will maintain its wait-and-see approach and keep rates steady on May 7. ...

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Federal Court Orders Rümeysa Öztürk Transfer to Vermont Detention

People rally in support of Rumeysa Ozturk and Mohsen Mahdawi outside New York Federal Court as the court considers U.S. government appeal in their cases. ...

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Diddy Federal Sex Crimes Trial: Jury Selection Begins

A 17-page form with 31 questions. On the fir...

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Will the Federal Reserve Cut Rates to Please Trump?

May 6, 2025 / 9:02 AM EDT / CBS News President Trump has been urging the Federal Reserve to cut interest rates, criticizing their de...

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Federal Agency Faces Staffing Crisis After Offering Buyouts

Samples of insects that agricultural specialists look for when inspecting flowers for harmful pests are seen at Miami International Airport in Miami, Florida, on February 7, 2024. Giorgio V...

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Diddy Faces Final Hearing Before Federal Sex-Crimes Trial: Latest Updates

NEW YORK - Prosecutors and lawyers for Sean "Diddy" Combs are preparing for the final hearing before his federal sex-crimes trial. ...

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Columbia University Student Mohsen Mahdawi Released from Federal Custody

Columbia University student and pro-Palestinian activist Mohsen Mahdawi has been freed following a federal judge's decision in Vermont. He was arrested by armed Department of Homeland Security agents weeks ago and held at the Northwest State Corre...

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Federal Judge Rules Trump Administration Cannot Deport Venezuelans Using Alien Enemies Act

NEW YORK - President Donald Trump's administration exceeded the scope of an 18th-century wartime law in using it to deport some Venezuelan migrants, a federal judge in Texas said on Thursday in barring the administration from using it to speed up ...

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Federal Judge Orders Release of Columbia University Student Mohsen Mahdawi Amid Protests

Pro-Palestinian activists gather outside ICE headquarters in New York City to protest the detention of Mohsen Mahdawi, a Columbia University student arrested during his naturalization interview in Vermont. ...

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Canada's Liberal Party Triumphs in Federal Election, Conservative Leader Loses Seat

Copyright 2025 The Associated Press. All Rights Reserved. Canadian Prime Minister Mark Carney's Liber...

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Liberal Party Emerges Victorious in Canada's 2025 Federal Election

Canadians went to the polls on Monday to choose between Mark Carney's Liberals and Pierre Poilievre's Conservatives. With the majority of votes now tallied, Carney is poised to reclaim his role as PM, although the Liberals may fall short of a majo...

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Impact of Trump's Federal Job Cuts on Black Middle Class

Shirley Hopkins played a crucial role in recruiting Black students for NIH programs, shaping careers in the federal government for many Black workers. ...

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Federal Judge Halts Trump Administration's Attempt to End Collective Bargaining for Federal Employees

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Ri...

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Court Halts Trump's Attempt to Restrict Union Rights for Federal Workers

A federal judge on Friday temporarily blocked the administration of President Donald Trump from stripping hundreds of thousands of federal employees of the ability to unionize and collectively bargain over working conditions. ...

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Milwaukee Judge Hannah Dugan Faces Federal Charges in Immigration Case

Milwaukee County Circuit Judge Hannah Dugan was charged April 25 with two felonies for her role in helping an undocumented immigrant avoid arrest after he appeared in her local Wisconsin courtroom. ...

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Federal Funding Efforts to Address Rape Kit Backlog Fall Short

For the past decade, the U.S. government has allocated approximately $350 million in grants to assist local and state agencies in testing neglected evidence from sexual assaults. The program, known as the Sexual Assault Kit Initiative, aimed to br...

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Former New York Republican Rep. George Santos Receives Over Seven Years in Federal Fraud Case

Former Rep. George Santos, a Republican from New York, was sentenced on April 25 to more than seven years in federal prison. ...

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