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.

California has thousands of federal workers who are eligible to work remotely, yet in-person work is key to a "reformed federal workforce."

California is requiring that all new cars must be zero-emission vehicles by 2035. Before leaving office, President Joe Biden set a national goal to have half of the new cars and trucks sold nationwide by 2030 have zero emissions.

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

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.

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,

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%.

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.