When he was confirmed, Democratic lawmakers had said Warsh would be Trump’s “sock puppet” and many Fed watchers expected him to carry out Trump’s persistent demands to slash rates. Trump had been heavily critical of Warsh’s predecessor Jerome Powell for not cutting them. Asked on Wednesday about the message the rate hike sent to Trump,
The remains of the final missing Tennessee victim from Hurricane Helene were found two years after the storm devastated Appalachian mountain towns with floods that wiped away whole communities. Nancy Tucker, 76, disappeared along with her husband Jimmy Tucker when flooding from the Nolichucky River took their home in rural Washington County in the northeastern
The Federal Reserve raised its benchmark rate by 25 basis points on Wednesday, increasing the benchmark federal funds rate to a range of 3.75% to 4%. It was the first increase since 2023 and the first thing Kevin Warsh has done to interest rates since President Donald Trump handed him the chair role. The vote
Judy Sheindlin, the beloved media personality and legal maven better known as Judge Judy, is retiring from onscreen work. Sheindlin has presided over court cases on TV for 30 years now, first on “Judge Judy” and currently on “Judy Justice,” which will release its series finale on Oct. 22. With her time on the bench
The U.S. has ambitious plans to triple the capacity of its nuclear power plants by 2050, but that goal might hit a roadblock if plant operators can’t buy fuel at reasonable prices. Prices for yellowcake, a form of unrefined uranium, are up 75% in the last five years, according to the U.S. Energy Information Administration.
A 19th century magazine borrowed from a library in New Hampshire 132 years ago has finally been returned. Concord Public Library said the overdue September 1894 issue of The Century Illustrated Monthly Magazine was returned last week after the library announced a freeze on fines. The magazine was 48,220 days overdue and would have incurred
