The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency. The Fed is also tipped to signal a slower ...

President Joe Biden signed an executive order designating Christmas Eve as a federal holiday for most employees.

Amid the potential of a government shutdown fueled by budget uncertainties on Capitol Hill, the president issued an executive order on Thursday giving federal employees Dec. 24 off.

November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.

The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.

President Joe Biden is only a few weeks away from the end of his time in office, and one key part of his legacy is undeniable: inflation. Biden has battled inflation from the start, but critics say he helped fuel it with trillions of dollars in deficit spending during his four years in office.

Here is what to know after President Joe Biden signed an executive order making Christmas Eve a federal holiday in 2024.

he US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency. The Fed is also tipped to signal a slower path ...

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.

Is Christmas Eve a federal holiday? President Biden just issued a parting gift to his administration, but we're sorry to say, it won't affect most Americans.