Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation and lower growth, and indicated that the central bank won’t move on interest rates until it gets a clearer picture on the ultimate impacts. In a speech delivered before business journalists in Arlington, Virginia, Powell said the Fed […]
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy […]
Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images A half-century ago, childhood friends Bill Gates and Paul Allen started Microsoft from a strip mall in Albuquerque, New Mexico. Five decades and almost $3 trillion later, the […]
Dianne Feinstein (D-Calif.), left, and Alex Padilla (D-Calif.), chat prior to a Senate Judiciary Committee hearing at the Hart Senate Office building in Washington on Thursday, June 10, 2021. | Stefani Reynolds/The New York Times/Redux Part of a senator’s job involves helping the people they represent cut through federal red tape to access services or… […]
Kent Walker speaks at a “Grow with Google” launch event in Cleveland.via Google Google and OpenAI, two U.S. leaders in artificial intelligence, have opposing ideas about how the technology should be regulated by the government, a new filing reveals.Google on Monday submitted a comment in response to the National Telecommunications and Information Administration’s request about how… […]
Djordje Krstic | Istock | Getty ImagesNew government data shows the annual rate of inflation dipped to the lowest level in about two years as of May.But that may be bittersweet news for Social Security beneficiaries, as they may receive a much lower cost-of-living adjustment in 2024 than they did this year.The Social Security COLA… […]
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on September 21, 2022 in Washington, DC.Drew Angerer | Getty ImagesThe Federal Reserve is expected to pause or skip — depending on whichever term you prefer… […]
She is not expected to handle Trump’s initial court appearance on Tuesday; that will take place in front of a magistrate judge. But Cannon is expected to have control of the case in the weeks and months ahead (unless she heeds the calls of some ethics experts who are already saying she should step aside).… […]
By JOHN RABY Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] CLARKSBURG, W.Va. (AP) — An inmate was sentenced to more than four years Thursday for his role in the 2018 fatal bludgeoning of notorious Boston gangster James “Whitey” Bulger in a troubled West Virginia federal prison. Massachusetts gangster Paul J. DeCologero was sentenced in federal […]
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] CONCORD, N.H. (AP) — A Virginia-based political marketing company has agreed to pay a $40,000 fine to settle allegations that flyers it designed during the 2022 New Hampshire state primary violated the law. Forms submitted to the U.S. Postal Service identified the owner of the 189,000 mailers as […]
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