Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said, while adding that more such evidence would be needed before the Fed would cut interest rates
WASHINGTON (AP) — The number of Americans filing for unemployment benefits inched up last week and remain historically low, however the total number of people collecting jobless benefits continues to grow.
(Bloomberg) -- Federal Reserve officials said they were awaiting additional evidence that inflation is cooling and were divided on how long to keep interest rates elevated at their last policy meeting.Most Read from BloombergBiden Struggles to Contain Mounting Pressure to Drop Out of RaceHouse Democrats Consider Demanding Biden Withdraw From RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsUS Alli
WASHINGTON (Reuters) -First-time applications for U.S. unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high towards the end of June, consistent with a gradual cooling in the labor market. Ebbing labor market momentum, together with abating inflation pressures, keep the Federal Reserve on track to start cutting interest rates this year, with financial markets hopeful that the easing cycle could start in September. Fed Chair Jerome Powell said on Tuesday that the economy was back on a "disinflationary path," but stressed policymakers needed more data before cutting rates.
LONDON—The Conservatives, the world’s winningest political party, were booted out of power in dramatic style on Thursday after 14 years of chaotic and divisive rule.The exit poll which dropped at 10 PM local time (5 PM EDT) showed that the Labour Party had secured a landslide victory ending an era of Conservative rule over Britain that stretches back to 2010, the year that the iPad and Instagram were launched and Lady Gaga wore that meat dress to the MTV music awards.In that time, the Conservati
Hough tells PEOPLE she laughed when the video of her stretching in the sauna caused a heated discussion in her Instagram comments
Just one problem: This person doesn't seem interested in running, should the opportunity arise.
Former Fox News pundit Jonah Goldberg had CNN’s Jake Tapper laughing with his response.
Former President Barack Obama has reportedly told allies that Joe Biden’s disastrous debate performance has made his bid to win back the White House even tougher than it had been previously.The Washington Post reports that Obama gave a harsher private assessment of Biden’s chances of re-election following the debate despite publicly trying to ease concerns by tweeting that “bad debates happen.”The outlet reported that Obama “spoke directly with Biden by phone after last Thursday’s debate to offe
This word doesn’t mean what you think.
"She said she needs to explore that part of her..."
The King and Queen were pictured alongside the Prince of Wales and the Duke of Edinburgh at the Thistle Service in Edinburgh during Royal Week
Florida Keys police opened their investigation after the FBI arrested him.
The former president ripped into his rivals in newly leaked footage.
The adult film star, who accused the former President of giving her hush money to keep quiet about their alleged sexual encounter now owes Trump $600,000 (£470,000) in legal costs after a defamation case she brought against him was dismissed. Last month in New York, Trump was criminally convicted for defaming another sexual assault accuser, E.Jean Carroll. The 45-year-old said on the Daily Mail's podcast, Everything I Know About Me, "How is it fair that I have better, more compelling evidence than E. Jean Carroll? And I'm glad she won. They continue to hand her money like it's f**king candy.”
MONTREAL — Ireland's prime minister says he's "absolutely appalled" by an assault in the country's capital that resulted in the death of a tourist from Montreal. Simon Harris on Wednesday described Neno Dolmajian's death in Dublin as "reprehensible" and "horrific" and told parliament the death is now being investigated as a murder. "I'm absolutely appalled at the recent vicious attack in Dublin city centre which resulted in the death of a young man, Neno Dolmajian, and my thoughts are with his l
If employees are expected to swipe into the office, chances are some people are doing this.
Donald Trump delivered a brutal assessment of Joe Biden’s performance against him in last week’s presidential debate, calling the president a “broken-down pile of crap” teetering on the verge of “quitting the race” in a video provided by a source to The Daily Beast.“He just quit, you know—he’s quitting the race,” Trump says, sitting in a golf cart. “I got him out of the—and that means we have Kamala.”Later in the clip, he fawns over Chinese President Xi Jinping, calling him “a fierce man, very t
NEW YORK — Ivanka Trump broke her weekslong silence regarding her father’s recent hush money criminal conviction during a podcast appearance released Tuesday. The former White House staffer said the experience has been agonizing. “On a human level, it’s my father and I love him very much, so it’s painful to experience, but ultimately, I wish it didn’t have to be this way,” she said on “The Lex ...
Netflix's docuseries 'America's Sweethearts: Dallas Cowboys Cheerleaders' has sparked conversations about the salaries of NFL cheerleaders
The longtime Democratic strategist reportedly warned donors what he’d do if “we don’t do something about this.”
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