Elon Musk arrives at federal court in Oakland, Calif., on Tuesday.
Fed officials cite elevated inflation, slow job growth and uncertainty in Middle East as reasons for holding rates Sign up for the Breaking News US email to get newsletter alerts in your inbox The US Federal Reserve left interest rates unchanged after its latest board meeting, defying once again Donald Trump’s call for a cut as the central bank prepares for a leadership shake-up next month. On Wednesday, Fed officials continued to cite elevated inflation, slow job growth and uncertainty in the M
As his defense secretary testified before House committee, Trump posted AI-generated image of himself with a weapon and a caption saying ‘NO MORE MR. NICE GUY’ Pete Hegseth has denied that the US-Israel war on Iran is “a quagmire” and claimed critics of the operation posed a greater threat to the US than Iran itself, as he came under pressure to set out Washington’s strategy for the conflict. Appearing before the House armed services committee alongside Gen Dan Caine, chair of the joint chiefs o
Russian president welcomed decision to extend Iran ceasefire in what US president said was a ‘very good conversation’ Vladimir Putin and Donald Trump discussed the war in Iran and floated a temporary ceasefire in Ukraine in a phone call on Wednesday. In the call, which lasted more than 90 minutes, the Russian president said Moscow viewed the prospect of a US ground operation in Iran as dangerous, while welcoming Trump’s decision to extend a ceasefire in the region, according to Yuri Ushakov, Put
The Pentagon estimates the war has cost $25 billion over the past two months. In congressional testimony, Defense Secretary Pete Hegseth did not say when the war might end. (Image credit: Rod Lamkey Jr.)
NBC News · Oct 8
Jerome Powell, who is nearing the end of his tenure as chair of the Federal Reserve, explains that he had long planned to retire from the Fed when his term ended, but now plans to stay on until a DOJ investigation is “well and truly over with transparency and finality.”
NBC News · Oct 8
President Donald Trump discusses the new indictment against former FBI Director James Comey, telling reporters that he believes his life was "probably" in danger due to Comey's "86 47" post.
Guardian - World · Oct 8
California regulators settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive California regulators apologized to the SpaceX CEO, Elon Musk , this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission acknowledged its members made “improper” statements about Musk’s political beliefs at a 2024 hea
Guardian - World · Oct 8
At the heart of the case was the question of how much lawmakers are allowed to consider race when they redraw districts Sign up for the Breaking News US email to get newsletter alerts in your inbox The US supreme court has ruled that Louisiana will have to redraw its congressional map, in a landmark voting rights case. At the heart of the case, Louisiana v Callais , was a thorny question of how much lawmakers are allowed to consider race when they redraw districts to ensure that Black voters are
