Lawyers for Federal Reserve's Lisa Cook say White House hearing set up by Trump is 'biased'Federal Reserve governor Lisa Cook’s lawyers say that a committee set up by the White House last week to investigate an accusation against her is “demonstrably biased,” though they did not close the door on the possibility that she would appear before the panel. Lawyer Abbe Lowell’s comments are the latest turn in the Trump administration’s extended…The Atlanta Journal-Constitution3d agoWhole story →Economyfed governor investigation
Social Security recipients to get 3.6% cost of living boost, an average of $75 per monthThe Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027. Some recipients say it won't offset rising prices. This adjustment means $75 extra per month for the nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients.…The Atlanta Journal-Constitution3d agoWhole story →Economysocial security cola announcement
Texas prosecutor says ICE agent appeared to intentionally strike man with vehicle in HoustonA Texas prosecutor says a U.S. Immigration and Customs Enforcement agent appeared to use a vehicle to intentionally strike a man who took off running in Houston. Harris County District Attorney Sean Teare, a Democrat, says his office is weighing criminal charges against the driver. Miguel Parra Hernandez was struck by the car on Saturday and has a…The Atlanta Journal-Constitution3d agoWhole story →GovernmentJusticeice incident in houston
US stocks drop to their worst day since July as inflation worsensU.S. stocks dropped to their worst day since July. The S&P 500 fell 1.1% Wednesday and had its fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite sank 1.9%. A report showing inflation accelerated last month raised expectations on Wall Street that the Federal Reserve will…The Atlanta Journal-Constitution3d agoWhole story →TechnologyEconomy