Six months ago, Federal Reserve officials were deeply divided over whether to cut interest rates for a third consecutive meeting. The rate cutters won the day , but the data since then has pointed toward that having been a mistake. Why it matters: With the first policy decision of the Kevin Warsh Fed on tap next week, an uncomfortable backdrop is the mounting evidence that the central bank overshot in its easing campaign last year. - Job growth has surged since then, and inflation has exceeded projections — even when the energy shock from the Iran war is excluded. Flashback: The November-December time frame featured one of the more curious episodes in modern Fed history, as an increasingly vocal contingent of officials, mostly…
President Donald Trump has announced on Truth Social that final negotiations on "Peace" are proceeding with Iran after strikes between Israel and the Islamic regime over the weekend. NEWSMAX's Chief Washington Correspondent James Rosen reports.
DAVAO, Philippines (AP) — An offshore earthquake with a magnitude of 7.8 hit the southern Philippines on Monday, killing at least 35 people, injuring more than 200 others mostly in ruined buildings and sending a 1-meter (3-foot) tsunami into nearby coasts. Several mostly low-rise buildings collapsed or sustained heavy damages in the hard-hit city of General Santos. Tsunami damage was reported in at least one southern coastal village. #philippines #earthquake #tsunami
OPINION: Former 60 Minutes correspondent Scott Pelley blasted CBS News under its new leadership from Bari Weiss, calling on Weiss to be removed from her role. #60Minutes #BariWeiss #ScottPelley
Dan Cogdell, who successfully defended Texas Attorney General Ken Paxton during his 2023 impeachment trial and securities fraud case, said Paxton is more focused on serving President Donald Trump than Texans.
LOS ANGELES, CA — After the latest ballot drop, Los Angeles officials released an updated vote tally showing candidate Spencer Pratt was now sitting at negative one billion votes.
OPINION: President Trump suggested his administration will look into the U.S. buying up small stakes in AI companies, telling reporters it could be "a beautiful thing." #Trump #AI #BernieSanders About Rising: Rising is a weekday morning show with bipartisan hosts that breaks the mold of morning TV by taking viewers inside the halls of Washington power like never before. The show leans into the day's political cycle with cutting edge analysis from DC insiders who can predict what is going to happen. It also sets the day's political agenda by breaking exclusive news with a team of scoop-driven reporters and demanding answers during interviews with the country's most important political newsmakers. Follow Rising on social media: Website:…
