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Fed unleashes another big rate hike but hints at a pullback

The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.

 
Biden pursues tougher gun laws in passionate speech

In an address to the nation Thursday night, President Joe Biden called on lawmakers to restore limits on the sale of assault-style weapons and high-capacity magazines after a string of mass shootings in the country.

 
Trump officials working on recommendation about wearing masks

The Trump administration is formalizing new guidance to recommend that many, if not almost all, Americans wear face coverings when leaving home.

 
Trump visits Harvey victims in Texas, Louisiana

President Donald Trump cupped a boy’s face in his hands and then gave him a high-five. He snapped on latex gloves to hand out boxed lunches of hot dogs and potato chips. And he loaded relief supplies into vehicles, patted storm victims on the shoulder and declared the work “good exercise.”

 
Trump backs GOP plan to push legal immigration changes

President Donald Trump endorsed a measure to reduce the number of legal immigrants admitted into the country with the goal of increasing American workers’ wages – a move that brought acrimony into the White House briefing room by afternoon’s end.