Tag Archives: Chair

The chairman of the Surry County Board of Elections was charged after Wilmington police said they found evidence he placed illegal narcotics in his granddaughters’ ice cream. On Aug. 8, James Edwin Yokeley Jr. told an officer that his two juvenile granddaughters found two pills in ice cream purchased from Dairy Queen on Oleander Drive. Investigators discovered video footage that …

House GOP chair tangles with Josh Shapiro over megabill food-aid cuts  Politico Source link

DNC punts on dueling Israel resolutions as Chair Ken Martin calls for bridging the divide  Politico Democrats’ Deep Divide on Gaza, Israel Boils Over at Party Meeting  The Wall Street Journal DNC chair withdraws Gaza resolution, calls for task force to ‘move forward united’  The Hill Unity tested: Democrats face off over Israel-Hamas war in Gaza, dark money in politics, during DNC meeting  Fox …

When Federal Reserve Chair Jerome Powell on Friday opened the door to cutting interest rates for the first time in nearly a year, he noted the tremors beginning to shake a main pillar of the U.S. economy: the labor market.  Concerns about the pace of job growth were heightened earlier this month after government data showed a sharp slowdown in hiring in …

Treasury yields inched higher as investors continue to digest Federal Reserve Chair Jerome Powell’s speech last Friday and look toward key inflation data due later in the week. The 10-year Treasury yield rose about 1 basis point to 4.269% as of 2.55 a.m. ET. The 2-year yield was over 2 basis points higher at 3.713%. One basis point is equal to 0.01% and …

WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell has largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. Yet on Friday, …

Jerome Powell knew the summer hearings would not be easy. Minutes before his testimony, he sat still in the chamber, staring straight ahead, preparing for the barrage. It did not take long. Ohio Senator Bernie Moreno, a Trump ally, accused him of partisanship for comments about tariffs and inflation. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% …

Ethereum hits fresh all-time high amid wider market rally after Fed Chair Powell hints at rate cut  The Block Ether Rises to Record, Topping 2021 Crypto Bull Market High  Bloomberg.com Ethereum brushes record high after Fed Chair says ‘balance of risks’ is shifting  Fortune Ether sets highest weekly close in 4 years: Watch these ETH price levels  Cointelegraph Three reasons why Ethereum just broke …

MORAN, Wyo.—Federal Reserve Chair Jerome Powell signaled Friday that the central bank could be edging closer to lowering interest rates, even as he warned of the difficult economic backdrop confronting policymakers. Speaking at the Kansas City Fed’s annual Jackson Hole symposium, Powell described an unsettling mix of risks. “In the near term, risks to inflation are tilted to the upside, …

Over the course of this year, the U.S. economy has shown resilience in a context of sweeping changes in economic policy. In terms of the Fed’s dual-mandate goals, the labor market remains near maximum employment, and inflation, though still somewhat elevated, has come down a great deal from its post-pandemic highs. At the same time, the balance of risks appears …