Is the White House's new Media Bias Portal trustworthy?

Here's the view of the economy reflected in the funhouse-mirror politics of the Trump administration. There is no affordability crisis. But if there is an affordability crisis, it's President Joe Biden's fault. President Donald Trump is solving it; alternatively, he has already solved it. But also: What affordability crisis? People have it better than they've ever had it before.

The Federal Reserve on Wednesday cut its influential interest rate for the third time this year, pointing to a job market that Chairman Jerome Powell said may be weaker than it appears. The cut of a quarter point — a cautious interest rate move by the Fed — could make it cheaper for average Americans who hold a mortgage, have credit card debt or need to take out or refinance a personal loan. It would also help businesses borrow at lower rates...

The Federal Reserve lowered its key interest rate for the third straight meeting Wednesday but signaled it may pause further reductions in the months ahead, a stance that could put the central bank at odds with President Donald Trump, who has pressed for deeper and faster cuts to borrowing costs. Policymakers reduced the benchmark rate by a quarter-point to about 3.6 percent — the lowest level in nearly three years — while indicating in new projections that they expect only one additional reduction next year...

The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers voted to lower the benchmark federal funds rate by 25 basis points to a new range of 3.5% to 3.75%. The move follows rate cuts of that size in September and October, which were the first of the year...

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Trump just unloaded on Europe