Author: Leslie Stewart

Federal Reserve Chair Jerome Powell will speak at a press conference following a two-day meeting at the Federal Reserve Committee held in Washington, D.C. on September 17, 2025. Chip somodevilla | Getty ImagesIf questions remained about whether the Federal Reserve would cut key interest rates later this month, it is possible that the budget loggerhead, a few blocks away in the country’s capital, has solidified the move.Especially if the impasse grows past days, Chairman Jerome Powell and his fellow central bankers will likely make a mistake on the paying side.”The data delays associated with the US government closures are what…

Private pay saw the biggest drop in two and a half years during September, weakening further signs of the labor market exacerbating data blackouts following the US government shutdown.The company emitted 32,000 seasonally adjusted jobs for the month, the largest slide since March 2023. The economists surveyed by Dow Jones were looking for a 45,000 increase.In addition to the September decline, the number of salary figures in August was revised to 3,000 losses from the initially reported 54,000 increase.The Bureau of Labor Statistics’ September non-farm salary report has not been released, and the Department of Labor does not issue a…

What should humanity do if an asteroid is on a collision course with the moon? Why not try to keep the space rocks out of the way before they hit? Would you wipe it out with a nuclear explosion?These are questions investigated in recent papers from more than 12 researchers, including several or more NASA scientists. And they are not purely hypothetical: the asteroid known as the 2024 YR4 is estimated to have a 4% chance of hitting the moon in 2032.Such space collisions “can “threate astronauts and spacecraft in low-Earth orbit, perhaps, at a height of up to 1,000…

IE 11 is not supported. Visit a different browser site for the best experience.I’m playing nowSeveral people killed in suicide attacks in Pakistan00:23nextLook at Georgia Medicaid Work Requirements01:55ai ‘Actor’ portrays backlash in Hollywood01:03″I just hoped I didn’t catch Covid there.”01:18Schumer responds to Trump’s AI-generated posts about him00:34AOL cancels dial-up services for internet users00:19Hegseth’s speech to rebuild the army in 2 minutes02:03″I just hoped I didn’t catch Covid there.”00:20Second ice detainee dies after shooting at a Dallas facility00:21Trump teases “irreversible” behaviour during shutdown00:39Trump announces deal with Pfizer to lower drug prices01:17Hegseth talks about new military standards and gender01:18The Chicago man reunited…

Susan Collins, chairman of the Federal Reserve Bank of Boston, spoke at the National Association of Business Economics (NABE) Economic Policy Conference held in Washington, DC, USA on Thursday, March 30, 2023.Shen | Bloomberg | Getty ImagesBoston Federal Reserve President Susan Collins on Tuesday expressed support for recent interest rate cuts, but when he saw the ongoing threat from inflation, he expressed skepticism about the extent of future movements.Speaking in New York, central bank policymakers pointed out that risks to both higher inflation and softer labor markets keep authorities on their toes.”In my view, a bit of mitigation was appropriate…

Consumer confidence was low in September ahead of the blackouts of expected data caused by the looming federal shutdown, it reported Tuesday.The board’s headline confidence index is 94.2 points off the reading of 94.2, below the Dow Jones estimate of 96.0. Reading is the lowest since April and comes with a government non-essential operation that is not scheduled to be closed in the middle of the night.In addition to the weaknesses of the main reading, the “Current Situation” index reached its lowest in a year.”While the ratings of consumer business conditions have been far less positive than in recent months,…

IE 11 is not supported. Visit a different browser site for the best experience.I’m playing nowNicole Kidman and Keith Urban were separated after 19 years00:32nextThe plane lands emergency on a California highway00:40JK Rowling responds to comments from the Emma Watson podcast01:13Illinois Governor Pretzker hits Trump in ice raid01:17Firefly Rocket Booster explodes in a test incident00:17The collapse of Indonesian schools will cause one person to die00:20The scoop is as follows: A gathering of Pete Hegses’ generals01:03Gen Z chooses a trading school at university01:5620-point plan to end the war in Gaza00:42War in Gaza can end the “easy way” or “hardway”00:13Gazan “we need…

Writing for the Conversation, Dr. Thomas Gift (UCL Politics) shares concerns about President Donald Trump’s involvement and influence in cryptocurrency. US President Donald Trump’s “Meme Coin” $Trump fell by about 8% in five minutes in late September 2025, shaking its value by millions. Users can buy and sell this cryptocurrency inspired by internet memes in the open market.Just before he played his office, Trump had posted an X. Below the post was a picture of Trump with the words “fight, fight, fight.” This hinted at his attempt to assassinate him.Soon after that announcement, the creation of $Melania Coin, named after…

IE 11 is not supported. Visit a different browser site for the best experience.I’m playing nowThe scoop is as follows: A gathering of Pete Hegses’ generals01:03next20-point plan to end the war in Gaza00:42War in Gaza can end the “easy way” or “hardway”00:13Gazan “we need to take responsibility for their fate.”00:26″Israel will have my full support to destroy Hamas.”00:33Netanyahu arrives for a White House meeting with Trump00:30Gen Z protesters clash with police in Peru00:25Paris Zoo welcomes baby giraffes00:34Trump attends Pete Hegses’ Generals Gathering00:44Israeli military drops evacuation leaflets in Gaza city00:21Dolly Parton postpones show due to health issues00:35The world’s tallest bridge is…

The views of the US Capitol in Washington, DC on September 29, 2025. Anna Moneymaker | Getty ImagesFor all the political fires they create, government closures have historically been non-characteristic for both the market and the economy.However, this time it may be different.That’s because the threat of making several federal furrows due to President Donald Trump’s permanent shutdown could have a long-term impact on employment situations that seem precarious already.If Trump follows the threat, and almost certainly endures yet another court challenge to his enforcement rights – it throws a wrench at something far more political than an otherwise economic…