Author: bradcheap82
Federal Reserve Chair Jerome Powell said “the time has come” for the central bank to adjust its monetary policy, signaling that rate cuts could soon lower borrowing costs for American consumers and businesses.Powell, who spoke at an annual conference of central bankers in Jackson Hole, Wyoming, didn’t disclose specifics about when a rate cut could arrive, or its size, although economists have penciled in a reduction at the Fed’s September 18 meeting. The federal funds rate now stands in a range of 5.25% to 5.5%, its highest level in 23 years. In conveying that the Fed is likely to start cutting…
Indian Prime Minister Narendra Modi made a historic visit to Kyiv, Ukraine, alongside President Volodymyr Zelensky on Friday, signing multiple agreements with the state and honoring the victims of Russia’s invasion. Modi became the first person in India’s top government office to visit sovereign Ukraine and sought to improve ties after months of tensions between Kyiv and New Delhi, originating in India’s close relationship with Russia. India is one of Russia’s most loyal buyers of crude oil, buying it cheaply and refining it to sell it at higher prices to the West. The Indian government has also refused to sign…
Support trulyindependent journalismFind out moreCloseOur mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.Whether $5 or $50, every contribution counts.Support us to deliver journalism without an agenda.In 1964, Fannie Lou Hamer, the head of the Mississippi Freedom Democratic Party, spoke in stark detail about how she was brutally beaten in a police cell for seeking the right to vote.“All of this is on account of we want to register, to become first-class citizens,” she said. Hamer and other Black people in heart of the Deep South had lived under a cruel racial apartheid…
One thousand three hundred eighty-eight days after the 2020 presidential election, Donald Trump appeared to tacitly admit that he lost to Joe Biden.Almost four years of denials gave way to one seemingly innocuous throwaway line, made while Trump held a press availability Thursday about immigration issues near a stretch of wall on the Arizona side of the U.S.-Mexico border.Holding up a printed copy of a graph that purportedly shows migrant encounter stats at the southern border, and which was on display the moment he was the target of an assassination attempt at a July rally in Bethel Park, Pennsylvania, Trump…
The Justice Department on Friday filed an antitrust lawsuit against RealPage, a property management software provider, alleging it enabled a collusion among landlords to inflate rents for millions of Americans. The complaint claims the Richardson, Texas-based company and its competitors engaged in a price-fixing scheme by sharing nonpublic, sensitive information, which RealPage’s algorithmic pricing software used to generate pricing recommendations. The company replaced competition with rent coordination to the detriment of renters across the U.S., according to the suit, monopolizing the market through its revenue management software which was used by landlords to set rent costs. The DOJ is joined by the attorneys…
The European Union needs more immigration to boost economic growth amid the birth rate decline among native populations, a top central banker has claimed. Fabio Panetta, the governor of the Bank of Italy and a member of the European Central Bank Governing Council, argued that more migration is essential to bolster the economies of the EU as their populations age, such as in his home country of Italy. “Measures that favour an influx of foreign legal workers constitute a rational response from an economic point of view,” the central banker said, according to Bloomberg. “The entry of regular migrants should be…
The White House, which has told Congress it is allowing a large package of future arms sales to Israel, has tried to contain opposition to the deal while working to avert a regional war. This article was originally published by a www.nytimes.com . Read the Original article here. .
Support trulyindependent journalismFind out moreCloseOur mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.Whether $5 or $50, every contribution counts.Support us to deliver journalism without an agenda. Before he died this week, French film icon Alain Delon once suggested he wanted his beloved sheepdog Louba buried with him. To the relief of animal lovers around France, Loubo will be allowed to survive.Delon, an internationally acclaimed and prolific actor and producer, died Sunday, aged 88, and will be buried on Saturday at his family home in Douchy, south of Paris.He was quoted in a…
It’s understandable, even thematically fitting, that the new Netflix teen comedy Incoming looks up to Superbad like a younger brother idolizing his cool older siblings. Superbad may not itself be about the cool kids, but in terms of one-wild-night teen comedies, it’s just about the funniest and best-made version we’ve seen so far this century—something for any comic filmmaker to admire. So when Incoming rips it off, it’s hard to sustain much ill will. In fact, quite the opposite: The movie’s aspirations earn it a line of credit that it may not actually deserve.Reversing the vantage of Superbad’s about-to-graduate seniors,…
Support trulyindependent journalismFind out moreCloseOur mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.Whether $5 or $50, every contribution counts.Support us to deliver journalism without an agenda.The US Secret Service has reportedly placed multiple agents on leave, including agent in charge of the Pittsburgh field office, in the aftermath of an assassination attempt against Donald Trump.Their leaves comes as the agency’s internal affairs division continues to investigate how a 20-year-old gunman armed with an AR-15-style rifle was able to fire at the former president during a campaign rally in Pennsylvania on July 13,…