President Donald Trump on Friday demanded that the Federal Reserve slash interest rates or else he will cut off trade with countries with which the U.S. maintains trade deficits.
Norway's sovereign wealth fund has proposed cutting the allocation of government bonds in its $2.3 trillion investment portfolio, chiefly affecting its holdings of U.S. Treasurys, as it seeks to diversify its risk exposure and boost returns.
A Republican legislative candidate in Joplin plotted to plant cocaine and Adderall on his primary opponent in an effort to derail her campaign, federal prosecutors allege. Thomas Ross, who won the Republican nomination for Missouri's 161st House District by only 32 votes, was charged Wednesday with conspiracy to distribute a controlled substance. A criminal complaint filed Wednesday in U.S. District Court for the Western District of Missouri alleges Ross spent weeks discussing a plan to plant the drugs on Louise Secker, his opponent in the Aug. 4 Republican primary.
Sen. John Fetterman (D-PA) skipped a scheduled meeting with paralyzed veterans from his home state, but had time to appear on Fox News instead, The Wall Street Journal said in a report detailing his aversion to work. Citing dozens of former staffers and lawmakers, the Journal said Fetterman "shows little interest in doing the job beyond cultivating relationships with conservative media figures and advocating for Israel."
Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the six-month war with Iran disrupts the world's flow of fuel. Because diesel is used for many freight and delivery networks, higher diesel prices mean higher transportation costs for a long list of everyday goods. This could add to Republicans' political challenges ahead of November's midterm elections, with voters already sour on President Donald Trump's management of the economy. AP-NORC polling this summer showed 2 out of 3 U.S. adults disapproved of how Trump is handling the economy.
Sailors on the USS Abraham Lincoln, which recently docked in Thailand after being kept at sea for more than 250 days, described their deployment in dire terms, MS NOW Pentagon correspondent Priya Sridhar said Wednesday. Read more
Fox News has parted ways with longtime anchor Maria Bartiromo, one of President Donald Trump's closest allies at the network. Her ouster came as a shock to many, including the president, who wrote on Truth Social, "I can't believe Maria Bartiromo is no longer going to have her great show(s) on FoxNews/Business." The Fox News leadership team decided to remove Bartiromo in August, according to a person familiar with the matter, who spoke on condition of anonymity. Read more
Global temperature rise is set to push past 1.5 degrees Celcius, or 34.7 degrees Fahrenheit, over pre-industrial temperatures within the next few years, according to a new United Nations report.
Argentina's President, Javier Milei, has heightened tensions with the UK over the Falklands, warning he will impose economic sanctions on firms which exploit oil close to the British overseas territory. In a national address, Milei said the "winds of change" favoured Argentina's claim to the islands, emboldened by signs the US might reconsider its stance of neutrality on the issue.
This broadcast was held in conjunction with the Society of Broadcast Engineers Chapter 15 summer picnic. Good coverage of the event on Radio World, SWLing Post, and TWiRT - This Week in Radio Tech (YouTube). We had more than 25 reception reports. The most distant came from Mt. Greylock, MA, 122 miles distant.
Dozens of civil rights and advocacy groups are urging Congress to scrap a defense bill provision that would deepen U.S.-Israeli military technology ties, according to a letter seen by Reuters, at a time of growing U.S. skepticism toward the longtime ally.
When the history of the American Bar Association's downfall is written, one theme will recur: it didn't have to end this way. By the 1960s, nearly half of the lawyers in the United States were members of the ABA. Congress, Presidents, and the courts consulted the ABA closely as a trusted advisor on all legal matters. Yet, tragically, that trust was squandered when the ABA was captured by the left. Instead of serving as a trade group for lawyers, the ABA became just another left-wing advocacy group. As membership declined, the ABA could have arrested its progressive lurch, but instead accelerated in the wrong direction. The group took liberal positions on abortion, affirmative action, national security, and other controversial issues that had nothing to do with the legal profession ...
Federal prosecutors have charged a U.S. Immigration and Customs Enforcement officer with lying to investigators about the events leading up to the shooting of a Venezuelan man during the Minneapolis immigration crackdown earlier this year, a person familiar with the matter told The Associated Press. The person was not authorized to publicly discuss the investigation and spoke on condition of anonymity. The person said Christian Castro, the officer who authorities say shot Julio Cesar Sosa-Celis in the leg in January, has been charged with making false statements to federal investigators.
Not long ago, I rented an SUV from a well-known car rental company. Within hours of an employee scanning my driver's license, a high-resolution scan of my ID was available for sale on the dark web.
Former Arkansas state Rep. Austin McCollum has been charged with three felonies after his wife accused him in a court filing of a pattern of violent abuse, including telling her to kill herself and offering to fetch a gun when she described suicidal thoughts. "There was blood everywhere and I couldn't see," the petition states. "He grabbed my hair and slammed my head to the ground multiple times." The attack stopped only when McCollum told her to clean up the blood, she wrote, and that was when she fled and called 911. Deputies who responded reported that McCollum appeared intoxicated and that he had blood on his arms and legs and injuries to his knuckles, according to the affidavit.
Sen. Thom Tillis (R-N.C.), a former member of the Senate Armed Services Committee, is calling on President Trump to fire Secretary of Defense Pete Hegseth over what he called Hegseth's "inept management" of the military. Tillis stepped up his criticism of Hegseth's leadership after Army Secretary Dan Driscoll announced his resignation after repeatedly clashing with Hegseth over the ouster of senior officials, such as Gen. Randy George, the former Army chief of staff. "I have never witnessed more inept management of the brave men and women who serve our country. He is intimidated by competence and retreats to ginning up culture wars instead of soberly attending to the vital work of our national defense and the health and well-being of our fighting force," Tillis posted on social platform X.
