Fed expected to hold interest rates steady, defying Trump

Fed expected to hold interest rates steady, defying Trump

The Federal Reserve on Wednesday will issue a new decision on the level of its benchmark interest rate, testing a wait-and-see approach adopted by the central bank in recent months as it observes potential effects of President Donald Trump’s tariff policy. The posture of restraint at the Fed has elicited sharp and repeated criticism from … Read more

Large security presence expected to secure Trump’s military parade, festival

Large security presence expected to secure Trump’s military parade, festival

The nation’s capital is preparing for a large security presence ahead of the Army’s 250th anniversary parade. Thousands of law enforcement officers from across the country will arrive in Washington to assist in security, and land, air and water assets are deployed in an effort to secure the event, which coincides with President Donald Trump’s … Read more

Consumer sentiment improves more than expected as Trump rolls back tariffs

Consumer sentiment improves more than expected as Trump rolls back tariffs

Consumer sentiment improved more than expected in June, indicating a swell of optimism as President Donald Trump rolled back some tariffs in recent weeks. The resurgence of shopper attitudes ended six consecutive months of worsening sentiment, University of Michigan survey data on Friday showed. Before the uptick, consumer sentiment had fallen near its lowest level … Read more