Jerome Powell can't take his eyes off the job market
CNN
Federal Reserve Chair Jerome Powell has made it very clear that unlike some investors, he's not stressed out about a potential rise in inflation later this year. And there's good reason for that: he's busy worrying about jobs.
What's happening: The US economy is still down 9.5 million positions since February 2020, putting huge pressure on the central bank to keep stimulus coming for the foreseeable future. Expect Powell to hit this point hard when the Fed announces its latest policy decision this week.
Franz Rowland has heard President Donald Trump endlessly brag about a roaring economy, but he’s seen few signs of it from his cotton farm here in southern Georgia.
Emergency call logs and reports detailing last week’s fatal shooting of Renee Good by a federal immigration officer reveal a greater sense of the organizational chaos and heightened emotion surrounding her final moments.
The Justice Department is investigating Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey over possible obstruction of federal law enforcement, sources familiar with the matter told CNN.
The US-based rescue team Grey Bull has released a short video showing how they helped Venezuelan opposition leader María Corina Machado escape the country last month.
FBI Director Kash Patel and Deputy Attorney General Todd Blanche visited Minneapolis on Friday, according to a post on Patel’s X account.
Tyler Robinson, the 22-year-old man accused of killing Charlie Kirk, is expected to appear in a Utah court Friday afternoon for what could be a consequential hearing in the case.
The Trump administration took a major step toward giving President Donald Trump’s sweeping new ballroom the green light with the appointment of four new officials to a key Washington, DC, board this week.
President Donald Trump said Friday he is considering applying new tariffs on countries that oppose his ambition of annexing Greenland.
Venezuelan opposition leader María Corina Machado’s presentation Thursday of her Nobel Peace Prize medal to President Donald Trump was instant fodder for ridicule among Trump’s opponents.
President Donald Trump intends to pardon former Puerto Rico Gov. Wanda Vázquez, who pleaded guilty to a campaign finance violation last summer, according to a White House official.
Seeking to show Americans that he’s concerned about affordability, President Donald Trump on Thursday released his long-awaited plan to tackle the high cost of health care.
Virginia on Friday became the latest state to escalate the nationwide redistricting battle ahead of November’s midterm elections that will determine which party controls the US House during the final two years of President Donald Trump’s time in office.
CIA Director John Ratcliffe met with Venezuela’s acting president Delcy Rodríguez in Caracas on Thursday, according to a US official.