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Top Charleston Gazette-Mail News
Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
51% Center coverage: 422 sources
U.S. House of Representatives · United StatesCalifornia Rep. Robert Garcia, the top Democrat on the House Oversight and Government Reform Committee, announced Thursday he is launching an investigation into ABC’s suspension of “Jimmy Kimmel Live!” following the host’s remarks regarding the death of conservative activist Charlie Kirk. His probe will review the Trump administration, ABC and TV station owner Sinclair amid what Garcia says are ongoing efforts to “censor opposition.” See the Story
Top Oversight Dem launches probe into ABC’s Kimmel suspension
43% Center coverage: 113 sources
