Warren hammers Powell over jobs report: 'Cut rates now'
Sen. Elizabeth Warren (D-Mass.) slammed Federal Reserve Chairman Jerome Powell for keeping interest rates steady earlier this week after Friday’s weaker-than-expected jobs report. “Fed Chairman Powell made a serious error by not lowering interest rates,” Warren said in a post on X. “He has been warned many times that if he waits too long, the […]
Powell: Fed could cut rates 'as soon as' September if inflation, job market keep cooling
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank could cut interest rates “as early as” September if inflation and the job market continue to cool. After the Fed announced it would keep interest rates steady on Wednesday, Powell said it needed to see a combination of generally healthy economic data, along with […]
3 dead — including two 4-year-old boys — after 25-foot pontoon boat capsizes on Lake Powell in northern Arizona
PAGE, Ariz. — A woman and two children were killed and two others were taken to the hospital after a pontoon boat capsized on Lake Powell in northern Arizona, authorities said Sunday. The privately owned 25-foot pontoon was being towed by another boater when it encountered a wave and capsized Friday afternoon near the entrance […]
Powell ‘solely responsible’ for delays on banker compensation reform: Warren
Sen. Elizabeth Warren (D-Mass.) has grown increasingly frustrated with the Federal Reserve’s slow regulatory response and is calling on Fed Chairman Jerome Powell to step on the gas. Warren’s latest gripe is the banker-pay provisions of the Dodd-Frank reform law, which was enacted in 2010 after Congress bailed out the financial sector and required Wall […]
Hunky weatherman John Homenuk is NYC’s own real-life Glen Powell in ‘Twisters’
Big Apple beauties are stunned by this handsome weather forecaster. John HomenukFounder of New York Metro Weatheris gaining a legion of new fans who say he resembles the sexy storm chaser played by Glen Powell in the new blockbuster movie “Twisters.” Like Powell’s protagonist, Homenuk frequently chases fast-moving tornadoes, coming dangerously close to the eye […]
Glen Powell shotguns a beer on stage with country superstar Luke Combs
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Fed Chair Jerome Powell Warns About U.S. Fiscal Policy’s Unsustainable Path
Estimated Reading Time: 3 minutes Editors’ Note: One of the least discussed subjects is the incredible and dangerous distortions in the US economy. A powerful rising stock market has obscured the problem. Recently, we have registered another strong breakout to the upside. But we have often cautioned not to conflate the stock market with the […]
‘Top Gun’ Star Glen Powell Says Parents Have Had Cameos In All His Films For Over 20 Years
Glen Powell revealed in an interview on “The Today Show” on Wednesday that his parents have made cameo appearances in every movie he’s been in since “Spy Kids 3.” Powell spoke about his family’s unique tradition in the film industry: His parents have made cameo appearances in every movie he’s appeared in since Spy Kids […]
Trump says he would not fire Powell as Fed chair if he is re-elected
The balance of risks for the Fed is shifting, Nick Timiraos, chief economics reporter at The Wall Street Journal, said on “Craman Countdown.” Republican presidential candidate Donald Trump Federal Reserve Chairman Jerome Powell If he wins the election in November, he will complete his term as head of the central bank. “I would leave it […]
Trump warms to Powell ahead of potential rate cuts: 'I would let him serve it out'
With interest rate cuts on the horizon and the economy turning around from its post-pandemic slump, former President Trump has warmed to Federal Reserve Chairman Jerome Powell, whom he has frequently criticized since nominating him to lead the U.S. central bank in 2017. “I intend for him to complete his term,” Trump said in the […]