Since last Wednesday—when the Federal Reserve rate decision dropped at 2:00 p.m. EST—to the market close on Friday, the Dow Jones Industrial Average slipped 4.2 percent and the S&P 500 Index fell 4.9 percent. While most business columnists put those declines mostly on the Fed’s rate increase, a deeper dive speaks to a more negative…
Congress Is Working Against the Federal Reserve
Hill Republicans Split Over ‘Clean CR’ Issue as Democrats Move to Hike Spending in Lame Duck Session
Senate Republicans are split on whether to push Democrats to adopt a measure that funds the government at existing levels until the new Congress convenes in January or agree to a post-election “lame duck session” vote for billions of dollars in new spending. Because the current fiscal year ends on Sept. 30, Congress must adopt…
Hill Republicans Split Over ‘Clean CR’ Issue as Democrats Move to Boost Spending in Lame Duck Session
Senate Republicans are split on whether to push Democrats to adopt a measure that funds the government at existing levels until the new Congress convenes in January or agree to a post-election “lame duck session” vote for billions of dollars in new spending. Because the current fiscal year ends on Sept. 30, Congress must adopt…
US News
- Katabella RobertsDozens of TikTok creators descended on Capitol Hill on March 22 in an effort to persuade the Biden administration not to ban the Chinese-owned social media app as the president… [...]
- Katabella RobertsA giant “hole” in the sun’s atmosphere may produce stunning light shows in the Earth’s skies that can be seen across New York to Idaho starting from March 24, according to experts.… [...]
- Epoch VideoReps. Mary Miller (R-Ill.), Anna Paulina Luna (R-Fla.), and Troy Nehls (R-Texas), joined by Heritage Foundation, Moms For Liberty, influencers, and grassroots demonstrators from across the United States hold a… [...]
- Ryan MorganThe Ford Motor Company revealed that its electric vehicle (EV) business, the Model e, took a $2.1 billion loss over the course of 2022 and the company predicted that it… [...]
- Gary BaiJoseph Tacopina, attorney for former president Donald Trump, has accused Manhattan District Attorney Alvin Bragg of violating prosecutorial conduct in his case against Trump. In an interview with The Epoch… [...]
- Jack PhillipsManhattan District Attorney Alvin Bragg fired back at House Republicans seeking to probe his reported case against former President Donald Trump, offering the first public response to the former president’s… [...]
- The Associated PressLAKE WORTH, Fla.—Rapper Tekashi 6ix9ine, whose testimony against his own gang helped convict two high-ranking members, was assaulted by several people at a gym in Florida, officials said Wednesday. An… [...]
- Epoch VideoRep. Pramila Jayapal (D-Wash.) and others hold a press conference at 11:15 a.m. ET on March 23 to announce the introduction of the Healthcare Ownership Transparency Act. [...]
- The Associated PressPARK CITY, Utah—Two daughters of a retired optometrist suing Gwyneth Paltrow are expected to testify on Thursday about the lasting effects of their father and Paltrow’s 2016 ski collision as… [...]
- Lorenz DuchampsNational Security Council spokesman John Kirby announced Wednesday that the United States continues to believe that “an act of sabotage” caused explosions that damaged Russia’s undersea Nord Stream gas pipelines… [...]