Author: Editor-In-Chief
Federal Reserve Chairman candidate Kevin Warsh said on Monday that the central bank must be largely independent of political influence, but must remain focused on its core goals.In remarks scheduled to appear before the Senate Banking Committee on Tuesday, Mr. Warsh expressed a firm commitment to fighting inflation, mentioning the labor market only once.”Simply put, the Fed’s independence depends primarily on the Fed,” said a former Fed director.Warsh’s talk also addressed familiar criticisms he has raised in recent years, namely that the Fed has repeatedly crossed boundaries and expanded into areas such as climate change and social inequality.”The Fed should…
Check out the companies making the biggest moves in intraday trading: Stanley Black & Decker — Shares soared more than 4% after the power tools maker said recent Section 232 tariff changes would not materially impact its full-year outlook. According to the White House, the Section 232 tariffs generally impose a 50% tax rate on aluminum, steel, and certain related products, but a 25% tax rate on some specific copper and derivative products. FERMI — The energy infrastructure development company’s stock price fell more than 22% following the resignation of Chief Financial Officer Miles Everson, just days after CEO Toby…
U.S. President Donald Trump speaks to reporters before departing from the South Lawn of the White House on April 16, 2026 in Washington, DC. Brendan Smialowski AFP | Getty ImagesPresident Donald Trump on Monday once again threatened Iran with overwhelming military force, saying “a bunch of bombs are going to start going off” if a deal isn’t reached by the time an uneasy ceasefire with Tehran expires Tuesday night.This latest threat, made in a phone call with a PBS News reporter, comes as the status of additional U.S.-Iran peace negotiations and other important details about the current relationship between the…
The two sides are now virtually evenly matched. And what a finale this Premier League title race awaits us. Arsenal and Manchester City have five weeks left to prove why they should be Premier League champions after a scintillating top-flight clash in Sunday’s most epic clash left the stakes level. City can now overtake Arsenal on goal difference if they win against Burnley on Wednesday, which will be broadcast on Sky Sports. With so much at stake, what are the factors that determine a run-in? The approaching T wordForget about being favorites to win the Premier League, Manchester City are…
Axios reports that the National Security Agency is said to be using Anthropic’s recently announced Mythos Preview, a model that has not been released to the public. The news comes weeks after the NSA’s parent agency, the Department of Defense, labeled Anthropic a “supply chain risk” after the company denied Pentagon officials unrestricted access to the model’s full functionality. Anthropic announced Mythos earlier this month as a frontier model designed for cybersecurity tasks, but claimed the model was too capable of offensive cyberattacks to be released publicly. As a result, the AI company limited access to Mythos to about 40…
USA Rare Earths announced plans to acquire Brazilian rare earth mining company Serra Verde in a deal valued at $2.8 billion in cash and stock to counter China’s dominance in its supply chain.The Oklahoma-based company said it will pay $300 million in cash and $126.9 million in newly issued stock for the transaction, which is expected to close in the third quarter of 2026, subject to closing conditions and regulatory approvals.Rare earths have emerged as a key bargaining chip in the ongoing geopolitical competition between the United States and China. China produces almost 70% of the world’s rare earths from…
President Donald Trump has denied being drawn into war with Iran by Israel, and the US president faces growing criticism of the conflict, including from his own base.”Israel never approached me for war with Iran. The outcome of October 7th further reinforced my lifelong belief that Iran can never have a nuclear weapon,” President Trump said in a social media post Monday.Recommended stories list of 3 itemsend of listThere is no public evidence directly linking Iran and Hamas to the October 7, 2023 attack on Israel. President Trump’s own intelligence director, Tulsi Gabbard, also testified before Congress in March that…
london — A week of attacks on synagogues and other public buildings has created an atmosphere of heightened anxiety in London’s Jewish community. But this series of anti-Semitic crimes has also strengthened the resolve of some of those affected. The rabbi of Kenton United Synagogue in Harrow, northwest London, which was attacked by an arsonist over the weekend, posted on social media on Sunday images of his congregation gathered to pray at his home. “We must not be deterred by what is happening in the world. We must not let it affect us as Jews in any way,” Rabbi Yehuda…
FBI Director Kash Patel testifies during a Senate Judiciary Committee hearing on oversight of the Federal Bureau of Investigation on September 16, 2025, at the Capitol in Washington, DC, USA. Jonathan Ernst | ReutersFBI Director Kash Patel filed a lawsuit Monday morning seeking $250 million in damages against The Atlantic for a defamatory article alleging alcohol abuse.Mr. Patel vowed over the weekend to sue The Atlantic over an article published on Friday.The lawsuit was filed in U.S. District Court in Washington, D.C., as well as The Atlantic, and the article’s author, Sarah Fitzpatrick, is named as a defendant in the…
Victor Wembaneyama, Shai Gilgeous-Alexander and Nikola Jokic are the finalists for this year’s NBA Most Valuable Player (MVP) award.This means that MVP will be the international MVP for the eighth year in a row. Current NBA MVP Shai Gilgeous-Alexander of Oklahoma City is aiming for his fourth consecutive award, and Jokic is aiming for his fourth award. Wembaneyama has also been nominated for the Defensive Player of the Year award and is hoping to win his first MVP award.The NBA’s international MVP streak began in 2019 and 2020 with Milwaukee’s Giannis Antetokounmpo, who is of Greek and Nigerian descent. Twitter…