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Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate.
California law banning large-capacity gun magazines likely to survive lawsuit, court says
In a setback to California gun rights advocates, a federal appeals court has temporarily blocked a lower court’s ruling that the state cannot ban gun owners from having detachable magazines that hold more than 10 rounds.
Donald Trump’s financial statements were key to getting loans, ex-bank official tells fraud trial
Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial.
US Border Patrol has released thousands of migrants on San Diego’s streets, taxing charities
Over five years, the largest U.S. city on the Mexican border developed a well-oiled system to shelter asylum-seekers. That system is being tested like never before as U.S. Customs and Border Protection releases migrants to the streets of California’s second-largest city because shelters are full.
Republicans nominate Steve Scalise to be House speaker but struggle to unite quickly and elect him
Republicans nominated Rep. Steve Scalise on Wednesday to be the next House speaker but struggled to quickly unite their deeply divided majority and elect the conservative in a public floor vote after the historic ousting of Rep. Kevin McCarthy from the job.
