A view shows the wreckage of an Air India aircraft, bound for London's Gatwick Airport, which crashed during take-off from an airport in Ahmedabad, India June 12, 2025. Adnan Abidi | ReutersAn Air India plane that was bound for London and carrying 242 people crashed seconds after takeoff in western...
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Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersPresident Donald Trump and Vice President JD Vance are now double-teaming the Federal Reserve in an effort to get lower interest rates.In a social media post...
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | ReutersThe Federal Reserve's inspector general is reviewing the Trump administration's attempts to lay off nearly all Consumer Financial Protection Bureau employees...
Here are the three reasons why tariffs have yet to drive inflation higher
Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread fears to the contrary, President Donald Trump's tariffs have yet to show up in any of the traditional data points measuring inflation.In fact, separate readings this week on consumer and...
RFK Jr. removes all members of CDC panel advising U.S. on vaccines
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. testifies before the Senate Committee on Appropriations hearing on the Department of Health and Human Services budget, on Capitol Hill in Washington, D.C., U.S., May 20, 2025. Ken Cedeno | ReutersHealth and Human Services Secretary Robert F. Kennedy Jr....