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News
Claudia Sahm: The Fed’s credibility depends on resisting politics, not playing it
1+ day, 5+ hour ago (330+ words) At Jackson Hole, Wyo., last month, all eyes were on Federal Reserve Chair Kevin Warsh in his first speech at the Fed’s annual conference. But all thoughts were about the Fed’s rate decision next week. But playing politics to preserve…...
China says it hopes to agree with U.S. on tariff reductions at 'an early date"
3+ day, 9+ min ago (0+ words) ...
Republicans gather in Dallas for two-day midterm convention billed as a 'Trump-a-Palooza"
3+ day, 22+ hour ago (0+ words) ...
China hits back at U.S. claims of ‘malicious’ AI distillation ahead of planned Trump-Xi talks
4+ day, 5+ hour ago (477+ words) BANGKOK — China hit back Wednesday against U.S. claims that Chinese artificial intelligence developers are engaged in “aggressive, malicious” industrial-scale efforts to extract capabilities from frontier American AI systems. The FBI, National Security Agency and Cybersecurity and Infrastructure Security Agency issued…...
Republicans gather in Dallas for two-day midterm convention billed as a ‘Trump-a-Palooza’
4+ day, 5+ hour ago (950+ words) NEW YORK — Republicans are gathering in Dallas on Wednesday for a highly unusual midterm convention, a “Trump-a-Palooza” that will put President Donald Trump at the center of this fall’s midterm elections — whether the candidates running like it or not. Many…...
Pa.’s Dave McCormick, Dr. Oz among speakers at GOP midterm convention
4+ day, 23+ hour ago (290+ words) U.S. Sen. Dave McCormick and Dr. Mehmet Oz, who heads the Centers for Medicare & Medicaid Services, are among officials with Pennsylvania ties scheduled to speak at this week’s first Republican midterm convention. President Donald Trump will headline the convention aimed at…...
Bitcoin Stays Below $80,000 After Jobs Data Revives Rate Hike Bets
6+ day, 1+ hour ago (415+ words) Bitcoin was trading near $79,800 on Saturday, September 6, according to Investing.com, after pulling back from a three-month high above $82,000 reached Thursday. The retreat followed stronger-than-expected U.S. jobs data that raised fresh expectations for a Federal Reserve interest rate increase at its…...
Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
1+ week, 1+ day ago (757+ words) WASHINGTON — President Donald Trump has spent 20 months promising that America was on the cusp of an economic boom. But Friday’s surprisingly positive jobs report ultimately provoked frustration from Trump. “Success does not cause inflation. Stupidity causes inflation,” Trump vented in…...
U.S. issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran
1+ week, 2+ day ago (428+ words) WASHINGTON — The Trump administration announced Friday that it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi…...
'In the dark': How secret spending decisions left Pittsburgh's finances on the brink of a crisis
1+ week, 1+ day ago (0+ words) ...