U.S. Rep. Jim Jordan (R-OH) (R) talks to Speaker Pro Tempore Rep. Patrick McHenry (R-NC) as the House of Representatives prepares to hold a vote on a new Speaker of the House at the U.S. Capitol on October 18, 2023 in Washington, DC. Win Mcnamee | Getty Images Rep. Jim […]
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Climate protesters disrupt start of Federal Reserve Chair Powell’s economic speech
The start of Federal Reserve Chair Jerome Powell’s speech on Thursday was delayed by climate activists protesting at the Economic Club of New York. The protesters appeared to be from a group called Climate Defiance. The group’s mission statement calls for the end of fossil fuel extraction on federal lands […]
Golf league founded by Woods, McIlroy announces ownership team led by Marc Lasry, Steph Curry
Andre Iguodala, #9; Stephen Curry, #30; and Klay Thompson, #11, of the Golden State Warriors high-five one another during the game against the Boston Celtics at the Oakland Arena in Oakland, California, on March 8, 2017. Noah Graham | National Basketball Association | Getty Images Some of San Francisco’s biggest […]
How El Niño will affect the weather this winter
Vehicles drive on the flooded Freeway 5 after an El Niño-strengthened storm brought rain to Los Angeles on Jan. 6, 2016. Lucy Nicholson | Reuters The El Niño weather pattern is still active heading into the winter this year and it will mean the northern and far west portions of […]
Disney highlights theme park strength with new financial reporting model
Visitors can avoid lines at Disney World if they buy into the system. Joseph Prezioso | Anadolu Agency | Getty Images Disney‘s restructuring has triggered some changes in how the company shares its financial details, shedding light on just how strong its theme park business is for its bottom line. […]
Powell says inflation is still too high and lower economic growth is likely needed to bring it down
Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the central bank would be “resolute” in its commitment to its 2% mandate. In a widely anticipated speech delivered to the Economic Club of New York, Powell evaded committing to a specific policy path but […]
10-year Treasury yield hovers near 16-year high as Powell talks inflation, economy
The benchmark 10-year Treasury yield rose on Thursday, hovering near a 16-year high as investors pored over remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury jumped 8 basis points to hit a high of 4.996%, trading at levels last seen in 2007. It last traded […]
Net neutrality, blunted under Trump, may soon be revived
Demonstrator on the issue of net neutrality at the U.S. Capitol February 27, 2018 in Washington, DC. Getty Images Net neutrality is poised for a resurgence after the Federal Communications Commission voted Thursday to begin the process of reestablishing the so-called open internet rules. The vote revives a debate that […]
U.S. State Department issues ‘worldwide caution’ alert as tensions in the Middle East soar
Palestinian civil defence members and others carry a youth after being rescued from a building hit by Israeli bombardment in Khan Yunis on the southern Gaza Strip on October 19, 2023. Mahmud Hams | Afp | Getty Images WASHINGTON — The U.S. State Department issued a worldwide caution alert on Thursday due […]
Jim Jordan backs plan to empower interim House speaker Patrick McHenry until January
U.S. Rep. Jim Jordan (R-OH) (R) talks to Speaker Pro Tempore Rep. Patrick McHenry (R-NC) as the House of Representatives prepares to hold a vote on a new Speaker of the House at the U.S. Capitol on October 18, 2023 in Washington, DC. Win Mcnamee | Getty Images Rep. Jim […]