The U.S. economy experienced slower growth than expected in the fourth quarter of 2024, with GDP increasing by 2.3% annually, falling short of economists’ 2.5% forecast. Consumer spending remained strong, contributing to growth, while trade was a drag on the economy. The Federal Reserve remains cautious about further interest rate cuts despite concerns about inflation levels and consumer savings declining to a two-year low.
Full Article
Justice Department plans to investigate prosecutor’s office in Minnesota’s most populous county
SummaryThe U.S. Department of Justice has initiated an investigation into the Hennepin County Attorney's Office in Minnesota following a directive from County Attorney Mary Moriarty to consider racial disparities when negotiating plea deals. This inquiry, announced by Harmeet Dhillon, the new director of the Civil Rights Division, aims to assess whether the office's practices violate federal law. The investigation, similar to a previous probe of the Minneapolis Police Department, comes amidst heightened scrutiny of prosecutorial...
Read more