Fed holds rates steady, sees ‘elevated’ inflation and stabilizing job market

By Howard Schneider WASHINGTON, Jan 28 (Reuters) – The U.S. Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and giving little indication in its latest policy statement of when borrowing
Unions sue to block thousands of staffing cuts at FEMA

By Daniel Wiessner Jan 28 (Reuters) – Unions representing U.S. government workers have asked a federal judge to block President Donald Trump’s administration from cutting more than 10,000 jobs at the Federal Emergency Management Agency. The unions
Top aide to former NYC Mayor Eric Adams took a bribe of diamond earrings, prosecutors say

NEW YORK (AP) — Prosecutors have accused a top aide to former New York City Mayor Eric Adams of accepting diamond earrings from two real estate developers, then pressuring city regulators to expedite their construction projects, despite
Trump signals interest in easing tensions, but Minneapolis sees little change on the streets

MINNEAPOLIS (AP) — President Donald Trump seemed to signal a willingness to ease tensions in Minneapolis after a second deadly shooting by federal immigration agents, but there was little evidence Wednesday of any significant changes after weeks
Common sense and slowing down are the keys to avoiding icy weather accidents

For big parts of the United States, the past few days have brought lots of snow and lots of cold. Where there’s snow and cold, there are slips, falls and ice-related injuries. Authorities, first responders and medical
Forecast record electricity demand to test largest US power grid, blackout chances rise

(Refiles to fix headline to ‘forecast record’ demand) By Tim McLaughlin and Laila Kearney BOSTON/NEW YORK, Jan 28 (Reuters) – Transmission line congestion on the largest U.S. power grid is expected to soar on Thursday as the
US agents involved in latest Minneapolis shooting put on leave, media reports say

WASHINGTON, Jan 28 (Reuters) – At least two federal agents who were involved in Saturday’s fatal shooting of a U.S. citizen in Minneapolis have been placed on administrative leave, two U.S. media outlets said on Wednesday. The
Trump: I don’t think Dimon likes me too much these days

WASHINGTON, Jan 28 (Reuters) – U.S. President Donald Trump said on Wednesday that he didn’t think JP Morgan Chase CEO Jamie Dimon liked him too much these days, alluding to the $5 billion lawsuit he filed last
US EPA moves to take action on review of fluoride in drinking water

By Valerie Volcovici and Leah Douglas WASHINGTON, Jan 28 (Reuters) – The U.S. Environmental Protection Agency launched the first step of its expedited review to determine safe levels of fluoride in drinking water, according to a notice
Trump to put Zeldin in charge of permits to rebuild after California wildfires

WASHINGTON, Jan 28 (Reuters) – President Donald Trump on Wednesday said he will put Environmental Protection Agency administrator Lee Zeldin in charge of helping homeowners get permits to rebuild after the California wildfires last January “I’m going