The Federal Reserve is expected to respond to persistently high inflation by hiking interest rates half a point on Wednesday. That will mark its seventh and final painful hike of the year, albeit a smaller one than the last four historically high three-quarter point increases.
The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on Wednesday, an indication that the central bank is pulling back on its aggressive stance as signs begin to emerge that inflation may be easing.
A month after the gruesome killings of four University of Idaho students in their off-campus home, authorities have yet to name a suspect or locate the murder weapon as hundreds of students take final exams before winter break.
Sen. Kyrsten Sinema's surprise decision to become an independent has Democratic leaders struggling to answer a basic question: How should they deal with her if she runs for reelection in Arizona?
China has challenged a move by the United States to block sales of advanced computer chips and chip-making equipment to Chinese companies by launching a trade dispute at the World Trade Organization, calling the measures "trade protectionism."
After erupting for the first time in nearly 40 years, lava flows from Hawaii's Mauna Loa volcano now "appear to be inactive," the US Geological Survey said Monday.
Special counsel Jack Smith has subpoenaed Georgia Secretary of State Brad Raffensperger as part of the Justice Department's investigation into efforts to overturn the 2020 election and the US Capitol attack on January 6, 2021.
Uvalde County Sheriff Ruben Nolasco does not appear to have completed an active shooter training course, according to documents CNN obtained Monday from the Texas Commission on Law Enforcement, the regulatory agency for peace officers in Texas.
Prosecutors presented their opening arguments Monday in a second trial against members of the far-right Oath Keepers militia group accused of joining a months-long plot to keep Joe Biden out of the White House as the defense made their own case that the men are being "overcharged" and had no real plan.
A Los Angeles jury returned Monday to continue deliberations in the second sexual assault trial of Harvey Weinstein, the disgraced movie mogul accused of using his Hollywood influence to lure women into private meetings and assault them.
The Supreme Court on Monday denied a request from tobacco company R.J. Reynolds to challenge a California law that bans the sale of flavored cigarettes.
An entrance to Central Park will be named the "Gate of the Exonerated" to honor the group of Black and Hispanic teens known as the "Central Park Five" who were wrongfully convicted of beating and raping a White female jogger in the park more than 30 years ago.
Railroad workers could get the paid sick days that were at the heart of their threat to go on strike -- if the Biden administration steps in with an executive order.
The former Fort Worth police officer charged with murder for the 2019 shooting of 28-year-old Atatiana Jefferson in her own home testified Monday he fired at her because she pointed a gun at him.
Lawmakers face a Friday at midnight deadline when government funding is set to expire -- and the House and Senate will likely have to pass a short-term extension to avert a shutdown at the end of the week, which would give negotiators more time to try to secure a broader full-year funding deal.
The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid increased spending and falling revenue, the Treasury Department reported Monday.
