The Federal Reserve has projected a rate increase for 2026, with a median estimate of 3.8% for the federal funds rate. Chairman Kevin Warsh did not provide his own projections, and he has indicated a desire to revise the Fed's communication strategy. The recent policy statement has also seen more extensive revisions than in previous years.
CBS has settled with the owner of Vince Guaraldi's music from the 'Peanuts' franchise. The settlement follows a joke made by Stephen Colbert about the possibility of a lawsuit against CBS.
President Trump has shown a mixed stance on a surveillance law, oscillating between condemnation and support. He views it as a necessary tool for intelligence in preventing various threats.
President Trump has had a varied stance on a surveillance law, at times condemning it while at other times endorsing it as a vital intelligence measure. His comments reflect a complex relationship with the law's implications for national security.
The FTC, along with four states, has initiated a lawsuit against WPATH, alleging that the organization made misleading claims to parents about pediatric medical transition services. The lawsuit was filed on June 17, 2026.
The Georgia legislature has canceled a special session intended for redistricting, despite Governor Brian Kemp's request to address the issue before the 2028 elections. Republican leaders have opted to focus on tax relief and the gas tax suspension instead, citing the need for further evaluation of a recent Supreme Court ruling that impacts redistricting.
U.S. District Judge Mary S. McElroy of Rhode Island is facing a misconduct complaint from the Center to Advance Security in America, accusing her of making false statements against DOJ attorneys in a case involving subpoenas for records related to transgender medical treatments for minors. The complaint requests an investigation into whether McElroy's actions violated judicial ethics rules regarding impartiality and integrity.
A B-52 bomber crashed at Edwards Air Force Base in California during a routine testing mission, leading to the fatalities of eight people. The crash occurred shortly after takeoff.
Federal Reserve officials are divided on interest rate decisions, with some advocating for no cuts this year and others suggesting potential increases. This debate is in response to expectations of rising inflation, as indicated by recent projections.
The U.S. military has confirmed the identities of the eight men who lost their lives in a B-52 bomber crash at Edwards Air Force Base in California. The victims range in age from 34 to 53 years old.
Detroit Tigers outfielder Wenceel Perez is likely to be unavailable for the upcoming game against the Houston Astros after suffering an injury in the training room. The incident occurred on Tuesday.
House Democrats have sent a letter to White House Chief of Staff Susie Wiles regarding reports of discussions within the Trump administration about suspending habeas corpus. The inquiry aims to clarify the context and implications of these discussions.
Georgia Republican lawmakers have opted not to consider mid-decade redistricting during an upcoming special session called by Governor Brian Kemp. House leaders stated that they believe pursuing reapportionment at this time is not advisable.
The Senate has postponed Jay Clayton's confirmation hearing for the role of director of national intelligence after President Trump intervened, stating the hearing would not proceed until a replacement for the U.S. Attorney for the Southern District of New York was confirmed. The decision has drawn criticism from both sides of the aisle, highlighting concerns over national security management.
The Federal Reserve maintained its interest rates during Chairman Kevin Warsh's first meeting on June 17, 2026, keeping the benchmark rate at 3.5%-3.75%. The FOMC removed language indicating a bias toward future cuts and provided updated projections showing a possible rate hike, with inflation expectations raised for 2026.
President Trump addressed the U.S.-Iran memorandum of understanding during a press conference after the G7 summit, stating that it is not a final agreement. He warned that the U.S. would take military action if Iran does not adhere to the terms.
Retired General Jack Keane commented on the U.S.-Iran deal, stating it is far from fulfilling President Trump's objectives. He shared his thoughts during an interview on WABC 770 AM.
The US Federal Reserve has opted to maintain interest rates, a decision made by new chair Kevin Warsh. This comes as inflation in the US rises to a three-year high, influenced by increased energy prices linked to the US-Israel conflict with Iran.
The US Federal Reserve has opted to maintain interest rates for the fourth consecutive time this year during its first meeting led by new chair Kevin Warsh. The committee highlighted ongoing economic expansion, strong productivity, and stable job growth.
Tropical Storm Arthur has emerged as the first storm of the Atlantic season, bringing a threat of flash flooding to the Gulf Coast. The National Hurricane Center indicated that the storm is likely to be short-lived.
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