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Order to pause federal funding creates confusion, questioned by Detroit school superintendent
How does ‘pausing’ federal funding for school meals for disadvantaged children or programming for special needs children make America great again?” the superintendent posted on social media.
Wall Street slips after the Federal Reserve keeps interest rates steady
 · 1dLas Vegas Sun
Stock market today: Wall Street mixed ahead of the Fed's rate decision
Anxiety over a Chinese startup’s threat to American artificial intelligence dominance faded further Wednesday as investors turned their focus to the Federal Reserve’s rate decision due later in the da
Stock Market Today: Wall Street Slips After the Federal Reserve Keeps Interest Rates Steady
Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Fed is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after Trump said he would soon demand lower rates.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
THE WEEK4d
Should bankrupt Detroit get a federal bailout?
Now, once-mighty Detroit itself really has filed for Chapter 9 federal bankruptcy protection. There will be casualties from the filing — either the city's creditors will take a big haircut on ...
WXYZ9d
Man arrested after firing shots outside downtown Detroit federal building
DETROIT (WXYZ) — A man was arrested after firing gunshots in front of the Patrick V. McNamara Federal Building in downtown Detroit on Tuesday. The incident happened ...
The dollar could climb with Trump tariff risks not expected to shift Fed policy
This story incorporates reporting from Detroit News, The Wall Street Journal on MSN.com and Reuters.The U.S. dollar may strengthen as market analysts suggest that tariff risks are unlikely to alter the Federal Reserve’s current policy direction.
Meta climbs and Microsoft falls as most stocks rise on Wall Street
U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.
How Trump could radically reshape the Fed
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Michigan experts react to Trump administration rescinding federal funding memo
The federal funding memo's reversal comes after the original move caused chaos and confusion across the country, including in Michigan.
Fed kicks off 2024 by standing pat on interest rates
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.