Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), testifies during her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Centers for Disease…
A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty Images Prosecutors failed to obtain a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a federal officer whom President Donald Trump deployed in Washington,…
Officers set up barriers after a shooting at Annunciation Church, which is also home to a an elementary school, in Minneapolis, Minnesota, U.S. Aug. 27, 2025. Ben Brewer | Reuters A gunman killed two young children and injured 17 people gathered at Annunciation Catholic Church in Minneapolis for a service on Wednesday to mark the…
Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of the teen-focused Hollister brand helped to salvage the quarter….
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025. Jonathan Ernst | Reuters President Donald Trump’s top economic adviser, Kevin Hassett, said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central…
Long-term U.S. Treasury yields continued to move higher on Wednesday following the latest effort by President Donald Trump to take charge of the Federal Reserve. The 30-year Treasury yield rose 4 basis points to 4.948%, and the 10-year Treasury yield was more than 2 basis points higher at 4.281%. The 2-year yield was lower by 3 basis…
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin meets with German Gref, the CEO of Russia’s largest Sberbank, in Moscow on July 29, 2025. Mikhail Metzel | Afp | Getty Images Russia’s beleaguered economy, with its slowing growth and widening budget deficit, could be one push-factor when it…
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets mostly fell on Wednesday after Wall Street gained overnight. India’s markets will also be in focus as the U.S. tariffs take effect. The country currently faces additional tariffs of up to 50% on exports to the U.S., after the Trump…
Jerome Powell, chairman of the US Federal Reserve, left, and Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve on Tuesday said it would abide by any court decision on…
