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Powell’s stark message: Inflation fight may cause recession

WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair Jerome Powell acknowledged what many economists have been saying for months: That the Fed’s goal of engineering a “soft landing” — in which it

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Lt. Governor Nominee Karla Hernández’s ‘Latinas for Choice’ Tour Kickoff Lacks Hispanic Women Leaders

ORLANDO, Fla. (FNN) – Karla Hernández, Democratic nominee for Lieutenant Governor of Florida, held a press conference outside of Orlando City Hall to announce the campaign’s Latinas For Choice tour Wednesday morning.

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GivingTuesday raises $3.1B for charities in tough economy

NEW YORK (AP) — GivingTuesday raised a record $3.1 billion in 24 hours for charitable causes in the U.S. earlier this week, as the event that started as a hashtag in 2012 celebrated its 10th anniversary and its status as a staple of fundraising for nonprofits, the group’s leader said Wednesday. Despite the difficult economic year that many households have

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Clyburn elected House Dems’ assistant leader, averts contest

WASHINGTON (AP) — Wrapping up leadership elections, House Democrats unanimously chose Rep. James Clyburn of South Carolina for a new role Thursday, as the party whip relinquishes his current job and a

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