Mass immigration under President Joe Biden is fueling nearly all of the population growth in the United States, according to new data from the Census Bureau. The report highlights that without the surge in immigration, the nation’s population would likely stabilize.
U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.
MSNBC host Stephanie Ruhle revealed for the first time on Tuesday that President Joe Biden’s team tried to end her interview with him in May 2023 after she asked a question about his son, Hunter Biden. Ruhle explained that after asking Biden how a potential indictment of Hunter Biden might impact his presidency, the White House immediately reacted by trying to halt the interview.
The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.
Congressional leaders revealed a stopgap funding bill on Tuesday to keep the government operational until March 14, setting off a race to pass the legislation by the end of the week.
California lost 156,300 jobs in the first half of 2024, according to the latest federal quarterly payroll data, contradicting Governor Gavin Newsom’s optimistic claims about job growth in the state. While Newsom’s office had highlighted preliminary job survey data, which often overestimates employment numbers, the finalized payroll data shows a starkly different picture. In January, California’s payroll data counted 18,037,900 jobs, but by June, that number had dropped to 17,881,600, reflecting a significant job loss.
Columbia College Chicago will eliminate 11 degree programs and lay off up to 25 full-time faculty members starting in the 2025-26 school year, as part of a strategy to address ongoing financial difficulties.
Police have identified the shooter who opened fire inside Abundant Life Christian School in Madison, Wisconsin, on Monday, killing a teacher and a teenage student, and injuring six others. Madison Police Chief Shon Barnes confirmed that 15-year-old Natalie Rupnow, known as Samantha, was responsible for the tragic attack.
