The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White House. The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could re...
Could California become the first state in the country to enact a billionaire tax? Voters will decide on Proposition 40, which is an effort to fund the state's healthcare system....
Democratic Senate candidate Abdul El-Sayed addressed supporters and claimed victory over Republican Mike Rogers, in his bid to become the first-ever Muslim senator....
Democrats made major gains Tuesday night, reshaping the political landscape for the final two years of President Donald Trump’s term. Republicans lost control of both the U.S. House and Senate, as voters also decided gubernatorial contests in more than two-thirds of the states....