Opinion: The Fed's balancing act is about to get a lot harder
CNN
To avoid a downturn, the Federal Reserve will need to carefully calibrate its interest rate increases as it fights against rising inflation.
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A 9-year-old child died after an incident Thursday at Hersheypark amusement park in Pennsylvania, the company’s CEO said.
Disgraced former Rep. George Santos reported to a federal prison in New Jersey on Friday to begin serving a seven-year sentence for the fraud charges that got him ousted from Congress.
Only a few weeks ago, President Donald Trump seemed confident a deal was days away that would end the fighting in Gaza, secure the release of hostages and allow aid to flow into an enclave where people are starving to death.
They were the worst 125 days of his life: locked up in a foreign prison, never knowing when or even if he would ever get out.
We don’t yet know the full story of the Trump administration’s sudden reluctance to release the Jeffrey Epstein files. Its reversal appears to have coincided with the president being told his name appeared in the files, but there are gobs of unanswered questions.
An internal US government review found no evidence of widespread theft by Hamas of US-funded humanitarian aid in Gaza, contradicting the State Department’s claims that were used to justify backing a controversial private organization that took over aid distribution in the enclave.
“What has been done here has been remarkable,” Gov. Ron DeSantis said Friday at a news conference at the site the state built in eight days deep in the Everglades, just west of President Donald Trump’s resort in Miami.
One person is dead and a second has been injured in a shooting inside student housing at The University of New Mexico on Friday morning, the university said on its website. The university has closed its Albuquerque central campus “out of an abundance of caution.”
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented, multi-pronged assault over Powell’s refusal to lower interest rates.
The order directs Attorney General Pam Bondi to “reverse judicial precedents and end consent decrees” that limit jurisdictions’ abilities to relocate homeless people.
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Federal prosecutors amassed millions of records during the sex trafficking investigation and prosecution of Jeffrey Epstein and his former girlfriend Ghislaine Maxwell.
President Donald Trump is not done re-litigating the January 6, 2021, attack on the US Capitol. And neither are his allies on Capitol Hill.