The U.S. Senate on Tuesday blocked President Donald Trump's controversial nomination of Judy Shelton to the Federal Reserve's board, though a White House spokesman expressed confidence she would eventually be confirmed.
The U.S. Senate on Tuesday rejected a Republican effort to stop former President Donald Trump's upcoming impeachment trial on a charge that he incited the deadly Jan. 6 assault on the U.S. Capitol. Gavino Garay reports.
Top U.S. Capitol security officials issued an apology on Tuesday for "failings" during the deadly Jan. 6 attack on the building and called for improving accountability systems and communications structures. This report produced by Chris Dignam.
Mitch McConnell, the U.S. Senate Republican leader, said on Monday he would agree to a power-sharing agreement with Democrats, dropping demands that had held up the basic organization and daily work of the 50-50 chamber for days. This report produced by Yahaira Jacquez.
The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as a worsening COVID-19 pandemic disrupts operations at restaurants and other businesses. Fred Katayama reports.
Inflation may be rearing its ugly head in the US economy sooner than predicted. According to Business Insider, a recovery of the US's hardest-hit businesses could drive a faster-than-expected rebound for inflation. The US Federal Reserve aims to reach inflation of at least 2% before considering lifting its benchmark interest rate. However, price growth has trended below that level for years and fell further at the start of the pandemic.