The Federal Reserve downgraded its projections for U.S. economic performance this year, along with several primary economic indicators. The U.S. central bank sees lower economic growth, higher unemployment and higher prices amid major changes in U.S. trade policy and worsening geopolitical tensions. U.S. gross domestic product (GDP) growth for 2025 was pulled down to a...
Trump administration cuts to climate research and federal weather forecasting agencies are blinding the U.S. to oncoming threats to its food supply — and kneecapping efforts to protect it. As Congress debates its own research and forecasting cuts, a study published in Nature on Wednesday suggests that fossil fuel-driven climate change poses an existential threat...
North Carolina Sen. Thom Tillis (R) on Wednesday criticized the forceful removal of Sen. Alex Padilla (D-Calif.) from a Department of Homeland Security (DHS) press conference last week, while also critiquing his “inappropriate” behavior. Tillis said the incident, which followed a handful of escalations with Democratic lawmakers, was “disgusting” during a speech on the floor. ...
Juneteenth, a more recent federal holiday, is dedicated to celebrating the freedom of formerly enslaved Black people. Events take place across the country on June 19 to commemorate the day in 1865 when the last slaves in Texas were notified of the Emancipation Proclamation, which marked an official end to the U.S. Civil War. This year,...
The head of the federal agency responsible for overseeing Fannie Mae and Freddie Mac called Wednesday for Federal Reserve Chair Jerome Powell to resign if the central bank did not cut rates that day. In a Wednesday post on social media, Federal Housing Finance Agency (FHFA) Director William Pulte accused Powell of refusing to do...
An Israel-linked group appears to have hacked Iran’s largest crypto exchange, Nobitex, transferring more than $90 million out of crypto wallets, according to the blockchain analytics firm Elliptic. The Israeli hacking group, known as Gonjeshke Darande or Predatory Sparrow, claimed early Wednesday that they had conducted cyberattacks against Nobitex, just one day after claiming responsibility...
The Federal Reserve kept interbank interest rates at a range of 4.25 to 4.5 percent Wednesday amid trade policy fluctuations and pressure from President Trump. Fed officials stressed the overall health of U.S. economic conditions, which has seen decreasing inflation in recent months along with steady levels of low unemployment. The unemployment rate has held...
Veterans and others are questioning the lack of civilian oversight of the military, as Congress continues to approve military spending without considering the consequences, allowing the military to be used as a political weapon and allowing presidents to engage in low-intensity conflicts without a diplomacy-first strategy.
Israel is running low on its supply of Arrow interceptors as Iran has increased its fire toward the country with two hypersonic missile barrages on Tuesday night. The shortage, reported by The Wall Street Journal, raises concern about Israel’s ability to defend itself from such long-range missiles from Tehran should the conflict stretch on. Citing a...
Justice Clarence Thomas on Wednesday said that courts should not defer to “self-described experts” on gender-affirming care, suggesting it is a matter of medical uncertainty. Thomas’s concurring opinion came as the Supreme Court upheld in a 6-3 decision Tennessee's ban on puberty blockers and hormone treatments for transgender minors, a ruling that could reverberate through...
The executive order "Restoring Gold Standard Science" seeks to restore a higher standard for scientific research and discovery, but many of its principles are already part of the scientific method.
Justice Sonia Sotomayor, the Supreme Court’s most senior liberal justice, read her dissent aloud from the bench on Wednesday to stress her forceful disagreement with the court effectively greenlighting gender-affirming care bans across the country. The justices reserve reading their dissents aloud for only a handful of cases, and Sotomayor was the first this term...
