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."

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.

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

(Reuters) - U.S. equity funds attracted inflows for the first time in four weeks in the week through Jan. 29, spurred by hopes of interest rate cuts following comments from President Donald Trump, and a rebound in tech shares following Monday's losses.

Despite the currency market anxiety, stocks pushed higher - with index futures adding to Thursday's Wall Street gains as the world's most valuable company Apple rallied 4% ahead of today's bell. Apple's upbeat outlook overnight impressed even in the face of a slight quarterly earnings miss.

Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,

GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on the economic indicators here.

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.

Toyota's most-loved model offers strong economy, useful features, and refined style in a package that threatens the Camry's expensive luxury cousin. Whether you’re cleaning your kitchen after a big meal or finishing a painting project, it can be tempting to pour just about anything liquid—or sometimes even solids—down the drain.

Fund CharacteristicsFundDistribution FrequencyMonthlyEffective Duration7.38 Years30-Day SEC Yield (Advisor Class)—With Waiver3.52%30-Day SEC Yield