Federal Reserve Chair Jerome Powell tried to keep the central bank’s options open Wednesday by sticking with his view that interest rates are restrictive and that inflation was likely to resume its decline.  

In a new interview with a local Wisconsin newspaper‚ former President Donald Trump did not wholeheartedly agree to accept the 2024 election results of the Badger State if he lost. “If everything’s honest‚ I’d gladly accept the results‚” Trump told the Milwaukee Journal Sentinel in an interview on Wednesday as he rallied in Wisconsin but published Thursday morning. “If it’s not‚ you have to fight for the right of the country.” “But if everything’s...

Democratic voters are increasingly supportive of abortion rights‚ and increasingly motivated by the issue‚ according to a new report from the Public Religion Research Institute. The survey found that a growing number of Democrats point to abortion as a top voting issue since the U.S. Supreme Court's Dobbs v. Jackson Women's Health Organization decision‚ which allowed abortion restrictions to take effect around the country. &;quot;So the salience of abortion as an issue is...

President Joe Biden lumped in longtime ally Japan with Russia and China‚ denouncing them as “xenophobic‚” which drew widespread outrage. Speaking at a campaign fundraiser on Wednesday that marked Asian American‚ Native Hawaiian‚ and Pacific Islander Heritage Month‚ Biden credited the United States’s economic power to immigrants‚ using China‚ Russia‚ and Japan as a contrast. “Why is China stalling so badly economically‚ why is Japan having trouble‚ why is Russia‚ why is India‚ because they...

President Biden called Japan and India ‘xenophobic’ at an off-camera campaign fundraiser in Washington‚ D.C.‚ on Wednesday‚ lumping the U.S. allies in with China and Russia while making the argument that the United States is right to welcome in immigrants. “This election is about freedom‚ America and democracy. That’s why I badly need you. You know‚ one of the reasons why our economy is growing is because of you and many others. Why&;#63; Because we welcome immigrants‚” the president said. “...

President Joe Biden said Wednesday that U.S. ally Japan was struggling economically because of xenophobia‚ along with other countries‚ including China and Russia. Speaking at a campaign fundraiser in Washington that marked the start of Asian American‚ Native Hawaiian and Pacific Islander Heritage Month‚ Biden said the U.S. economy was growing in part “because we welcome immigrants.”  “Think about it‚” he said. “Why is China stalling so bad economically&;#63; Why is Japan having trouble&;#63;...

President Biden broke 10 days of silence about pro-terror anarchy on college campuses Thursday‚ saying the US is not a “lawless country” and “order must prevail” while acknowledging the right to peaceful demonstrations — and rejecting calls to bring out the National Guard. Biden‚ 81‚ spoke for three-and-a-half minutes in the White House Roosevelt Room after taking sustained criticism for his lack of public comments as chaos raged across the country. “It is against the law when...

Under mounting political pressure‚ U.S. President Joe Biden broke his silence on campus unrest over the war in Gaza on Thursday‚ saying Americans have the right to demonstrate but not to unleash violence. &;quot;There is a right to protest‚ but not a right to cause chaos‚&;quot; Biden said in remarks at the White House. With television images of campus unrest that have swept the country in recent days playing out on news networks‚ Biden has faced criticism of his handling of the situation. He had...

President Biden defended students' right to protest peacefully during a speech Thursday‚ but condemned the &;quot;chaos&;quot; that has broken out on campuses nationwide amid protests against the Israel-Hamas war. Why it matters: Biden is under tremendous political pressure as young Democrats and primary voters across key swing states have signaled opposition to his stance on Israel's war in Gaza. When asked by a reporter‚ the president said he is not reconsidering U.S. policy. Biden's Thursday...