U.S. stocks plunged Wednesday, erasing earlier gains after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank’s economic projections signaled a slower pace of cuts next year.[#item_full_content]
WH Slams Trump, GOP Over Sinking Federal Spending Plan
The Biden administration slammed President-elect Donald Trump and House Republicans on Wednesday night for torpedoing a bipartisan spending plan heralded by Speaker Mike Johnson, R-La.,