This is an on-site version of the White House Watch newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at whitehousewatch@ft.com Good morning and welcome to White House Watch. We will be off next week — have happy holidays! For now, let’s get into: Donald […]
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point but signalled a slower pace of easing next year, sending the dollar racing to a two-year high and US […]
WASHINGTON — Less than 10 minutes was all it took for a large pile of toys donated by the White House staff to disappear as Jill Biden and children from military families sorted them into boxes as part of the annual Marine Corps Reserve Toys for Tots campaign for less fortunate children. The White House […]
Elon Musk, the Tesla billionaire who this week issued a stark U.S. “bankruptcy” warning, has joined the celebrations as the bitcoin price rockets past $100,000. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The bitcoin price has continued its massive 2024 rally in the aftermath of U.S. president-elect Donald Trump’s White […]
WASHINGTON — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their pre-pandemic lows? Trump could point a finger at the Federal Reserve, and in particular at its […]
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Federal Reserve officials support moving “gradually” to lower interest rates given stronger-than-expected US economic growth and fading concerns about the health of the labour market, according to a record of the November meeting. Minutes […]
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla and SpaceX CEO Elon Musk, the billionaire backer of newly minted President-elect Donald […]
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Federal Reserve cut its benchmark interest rate by a quarter point on Thursday as its chair Jay Powell hailed the strength of the US economy and said he would not resign if […]
WASHINGTON — Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump’s presidential election victory. Yet the Fed’s future moves are now more uncertain in the aftermath of the election, […]
FRISCO, Texas — Two of the Dallas Cowboys’ top defensive playmakers — All-Pro cornerback DaRon Bland (foot) and All-Pro edge rusher Micah Parsons (ankle) — still have a ways to go to return to play in 2024. Parsons, who led the NFL with 103 quarterback pressures last season, is still in the rehab group off […]
