Fed Cuts Rates, Signals Slower Pace of Cuts Amid Economic Uncertainty
The US Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5% on Wednesday, signaling a slower pace of future cuts due to uncertainty surrounding the incoming Trump administration and higher inflation expectations; Cleveland Fed President Beth Hammack dissented.
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Economic Uncertainty
The US Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5% on Wednesday, signaling a slower pace of future cuts due to uncertainty surrounding the incoming Trump administration and higher inflation expectations; Cleveland Fed President Beth Hammack dissented.
Progress
44% Bias Score
Trump, Vance Urge Rejection of GOP Spending Plan, Risk Shutdown
Donald Trump and VP-elect J.D. Vance urged Republicans to reject House Speaker Mike Johnson's 1600-page government funding plan, which includes disaster relief, anti-China funding, and congressional pay raises, risking a government shutdown unless a \"clean CR\" is passed; Elon Musk also criticized ...
Trump, Vance Urge Rejection of GOP Spending Plan, Risk Shutdown
Donald Trump and VP-elect J.D. Vance urged Republicans to reject House Speaker Mike Johnson's 1600-page government funding plan, which includes disaster relief, anti-China funding, and congressional pay raises, risking a government shutdown unless a \"clean CR\" is passed; Elon Musk also criticized ...
Progress
52% Bias Score
Trump Opposes Spending Bill, Raising Shutdown Odds
President-elect Donald Trump and Vice President-elect JD Vance oppose a Republican-backed government funding bill, siding with Elon Musk, potentially causing a government shutdown before Christmas and jeopardizing House Speaker Mike Johnson's reelection.
Trump Opposes Spending Bill, Raising Shutdown Odds
President-elect Donald Trump and Vice President-elect JD Vance oppose a Republican-backed government funding bill, siding with Elon Musk, potentially causing a government shutdown before Christmas and jeopardizing House Speaker Mike Johnson's reelection.
Progress
60% Bias Score
Fed's Inflation Concerns Trigger Stock Market Plunge
Major US stock indices experienced significant declines Wednesday after the Federal Reserve indicated a slower pace of interest rate cuts for 2025 than previously expected, citing concerns about inflation remaining above the 2% target into 2026. The S&P 500 fell 2.4%, the Nasdaq Composite dropped ne...
Fed's Inflation Concerns Trigger Stock Market Plunge
Major US stock indices experienced significant declines Wednesday after the Federal Reserve indicated a slower pace of interest rate cuts for 2025 than previously expected, citing concerns about inflation remaining above the 2% target into 2026. The S&P 500 fell 2.4%, the Nasdaq Composite dropped ne...
Progress
44% Bias Score
Fed Cuts Interest Rates for Third Time, Despite Strong Economy
The Federal Reserve implemented a 0.25 percentage point interest rate cut on Wednesday, lowering the benchmark rate to 4.25%-4.5%, marking the third such reduction since September in an attempt to balance economic growth with elevated inflation; however, one official dissented.
Fed Cuts Interest Rates for Third Time, Despite Strong Economy
The Federal Reserve implemented a 0.25 percentage point interest rate cut on Wednesday, lowering the benchmark rate to 4.25%-4.5%, marking the third such reduction since September in an attempt to balance economic growth with elevated inflation; however, one official dissented.
Progress
48% Bias Score
Trump Blocks Spending Bill, Risks Government Shutdown
President-elect Donald Trump is blocking a bipartisan spending bill, risking a government shutdown unless President Biden signs it by Friday; this follows a deal between Democrats and Republicans and criticism from Elon Musk; Trump also wants the debt ceiling raised before his term begins.
Trump Blocks Spending Bill, Risks Government Shutdown
President-elect Donald Trump is blocking a bipartisan spending bill, risking a government shutdown unless President Biden signs it by Friday; this follows a deal between Democrats and Republicans and criticism from Elon Musk; Trump also wants the debt ceiling raised before his term begins.
Progress
48% Bias Score
Fed Cuts Rates, but Signals Slower Cuts Ahead Amid Inflation Concerns
The Federal Reserve lowered US interest rates to 4.25-4.5 percent on December 19, 2025, a smaller cut than anticipated due to concerns over inflation and the impact of President Trump's economic policies; the Bank of England is expected to keep rates unchanged.
Fed Cuts Rates, but Signals Slower Cuts Ahead Amid Inflation Concerns
The Federal Reserve lowered US interest rates to 4.25-4.5 percent on December 19, 2025, a smaller cut than anticipated due to concerns over inflation and the impact of President Trump's economic policies; the Bank of England is expected to keep rates unchanged.
Progress
52% Bias Score
EPA Upholds California's 2035 Gas Car Ban
The EPA approved California's plan to ban the sale of new gas-powered cars by 2035, despite objections from automakers who say it is not feasible and will limit consumer choice; the decision is expected to be challenged by President-Elect Trump.
EPA Upholds California's 2035 Gas Car Ban
The EPA approved California's plan to ban the sale of new gas-powered cars by 2035, despite objections from automakers who say it is not feasible and will limit consumer choice; the decision is expected to be challenged by President-Elect Trump.
Progress
56% Bias Score
Republican Revolt Over Spending Bill Threatens Government Shutdown
House Speaker Mike Johnson faces a Republican revolt over a last-minute spending bill to avert a government shutdown, which includes $110 billion in disaster aid and a congressional pay raise, drawing opposition from President-elect Trump and others, with a Friday deadline looming.
Republican Revolt Over Spending Bill Threatens Government Shutdown
House Speaker Mike Johnson faces a Republican revolt over a last-minute spending bill to avert a government shutdown, which includes $110 billion in disaster aid and a congressional pay raise, drawing opposition from President-elect Trump and others, with a Friday deadline looming.
Progress
64% Bias Score
Trump Kills Bipartisan Spending Bill, Raising Shutdown Risk
President-elect Trump and Vice President-elect Vance rejected a bipartisan government funding bill negotiated by House Speaker Mike Johnson, risking a government shutdown before Christmas due to their hardline stance against Democratic priorities and a demand to link a debt ceiling increase to spend...
Trump Kills Bipartisan Spending Bill, Raising Shutdown Risk
President-elect Trump and Vice President-elect Vance rejected a bipartisan government funding bill negotiated by House Speaker Mike Johnson, risking a government shutdown before Christmas due to their hardline stance against Democratic priorities and a demand to link a debt ceiling increase to spend...
Progress
56% Bias Score
Biden Faces Friday Deadline to Prevent US Government Shutdown
To avoid a government shutdown on Saturday, US President Biden must sign a spending bill by Friday; otherwise, many government agencies will face operational standstills, and thousands of employees will be left unpaid, mirroring the 2018-2019 shutdown under Trump's presidency, which lasted for over ...
Biden Faces Friday Deadline to Prevent US Government Shutdown
To avoid a government shutdown on Saturday, US President Biden must sign a spending bill by Friday; otherwise, many government agencies will face operational standstills, and thousands of employees will be left unpaid, mirroring the 2018-2019 shutdown under Trump's presidency, which lasted for over ...
Progress
44% Bias Score
Fed Rate Cut Causes Market Plunge Amid Inflation Concerns
The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.
Fed Rate Cut Causes Market Plunge Amid Inflation Concerns
The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.
Progress
52% Bias Score