Hours before a Trump administration directive was set to freeze an estimated trillions in federal assistance, California Attorney General Rob Bonta announced Tuesday that he is among a coalition filing a lawsuit to halt the freeze.
California has thousands of federal workers who are eligible to work remotely, yet in-person work is key to a "reformed federal workforce."
Journey into the depths of California's kelp forests, the towering underwater ecosystems facing the challenges of climate change.
The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of questions about the year ahead and on the inflationary impact of implications of the Trump administration's early policy moves.
Neither the state nor local government seems to have learned much from the perils of pricing the less privileged out of Los Angeles's safe zone.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
In Japan, the yen was last a touch stronger at 154.19 per dollar, having already climbed more than 1% for the week thus far. It was set to gain 1.9% for the month, which would mark its best January performance in seven years.
(Reuters) - Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid U.S. President Donald Trump's tariff plans have hoisted gold prices to a record high, once again bringing the key $3,000 threshold onto investors' radar.
The Fed’s big announcement Wednesday on interest rates was no surprise. But it will still impact Californians and their money. The Federal Open Market Committee said that after reviewing the economic climate during its two-day regularly scheduled meeting,
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to particular consumer products or commodities.
Fund CharacteristicsFundDistribution FrequencyMonthlyEffective Duration7.38 Years30-Day SEC Yield (Advisor Class)—With Waiver3.52%30-Day SEC Yield