Tag: Washington news

Federal Reserve is set to cut rates again while facing a hazy post-election outlook

WASHINGTON -- No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days later is much easier...

Listen to business owners and voters in Erie, Pennsylvania. They could help decide the White House.

ERIE, Pa. -- It wasn’t much when he bought it, but Michael Hooks has made the old garage his own haven. And the...

Harris slams House speaker for suggesting GOP would probably try to cut federal semiconductor aid

MILWAUKEE -- MILWAUKEE (AP) — Kamala Harris on Saturday criticized House Speaker Mike Johnson for suggesting that Republicans would probably try to cut...

House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back

WASHINGTON -- House Speaker Mike Johnson said Friday that Republicans “probably will” try to repeal legislation that spurred U.S. production of semiconductor chips,...

Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers

SAN FRANCISCO -- Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could...

IRS announces pension and retirement plan contribution adjustments for 2025

The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000...