Federal Reserve Bank of Richmond President Thomas Barkin said Tuesday that inflation could decline “in short order,” but he acknowledged prices could remain elevated amid the Iran war. “I’m open to the possibility that inflation could come back down in short order,” Barkin told the CFA Society’s Baltimore branch. Barkin noted recent “shocks” to the...
{beacon} Energy & Environment Energy & Environment The Big Story Trump considers banning diesel exports The Trump administration is considering a ban on exports of diesel as high prices of the fuel put a crunch on American agriculture and trucking. AP Photo/Julia Demaree Nikhinson When asked Tuesday whether he was considering a ban on...
President Trump threatened the annihilation of Iran if its leaders refuse to strike a deal and framed the U.S. as conquerors of Venezuela, while promoting himself as a problem solver in his speech to the United Nations General Assembly in New York on Tuesday. “To the victor go the spoils,” Trump told the crowd, touting...
Hunter Biden, former President Biden’s son, on Tuesday responded to a request from a GOP senator for both himself and President Trump’s son, Donald Trump Jr. to testify before Congress. “Sen. Curtis of Utah has suggested that Don Jr. and I should testify before Congress,” the younger Biden said in a post on the social...
A new lawsuit is challenging how the Trump administration plans to exempt medically frail people from Medicaid work requirements. Medicaid enrollees, alongside several major health care advocacy organizations and the city of Columbus, Ohio, said the administration’s final rule implementing work requirements is not what Congress intended. They argue the rule narrowly defines who qualifies...
Experts warn Chinese labs are using "knowledge distillation" and free software to undercut U.S. tech dominance, bypass billions in research, and supercharge cognitive warfare.
Evelyn Miller of the Philippines registered online weeks before Election Day and voted in the 2024 election in Pennsylvania despite not being a U.S. citizen, DOJ says.
San Francisco City Attorney David Chiu alleges the paid service gives wealthy subscribers an unfair advantage by providing early access to President Donald Trump's market-moving posts.