Hours before a Trump administration directive was set to freeze an estimated trillions in federal assistance, California Attorney General Rob Bonta announced Tuesday that he is among a coalition filing a lawsuit to halt the freeze.

Stock futures were slightly lower on Tuesday evening, as investors turned toward the first Federal Reserve interest rate decision of 2025. Futures tied to the Dow Jones Industrial Average inched down by 28 points, or 0.06%. Nasdaq 100 futures slipped 0.2%, while S&P 500 futures declined nearly 0.2%.

The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of questions about the year ahead and on the inflationary impact of implications of the Trump administration's early policy moves.

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

Fund CharacteristicsFundDistribution FrequencyMonthlyEffective Duration7.38 Years30-Day SEC Yield (Advisor Class)—With Waiver3.52%30-Day SEC Yield

GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on the economic indicators here.

Toyota's most-loved model offers strong economy, useful features, and refined style in a package that threatens the Camry's expensive luxury cousin. Whether you’re cleaning your kitchen after a big meal or finishing a painting project, it can be tempting to pour just about anything liquid—or sometimes even solids—down the drain.

Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to particular consumer products or commodities.

Donald Trump is back in the White House, and the technocrats are running for cover. Trump has made clear his desire to dismantle the “deep state,” which he depicts as a shadowy network of bureaucrats who “weaponize” the “power of the state” to “persecute political opponents” and thwart their

Insurance company Chubb posted a rise in fourth-quarter profit on Tuesday, helped by strong gains in its underwriting business and higher returns on its investments.

Buying in pricey markets such as Hawaii and California can cost up to 60% ... Days before the first Federal Reserve meeting of 2025, Trump said that he would "demand" lower interest rates ...