Fed Chair Jerome Powell pointed on Wednesday to a job-market risk that economists have been worried about for months: Official statistics could be drastically overstating recent hiring. Powell said that Fed staffers believe that federal data could be overestimating job creation by up to 60,000 jobs a month. Given that figures published so far show that the economy has added about 40,000 jobs a month since April, the real number could be something more like a loss of 20,000 jobs a month, Powell said.
President Donald Trump's youngest son is reportedly a fan of a woman-hating influencer accused of rape and human trafficking. Barron Trump, 19, admired divisive manosphere figure Andrew Tate, 39, and spoke with him last year, their mutual friend Justin Waller told The New York Times. Waller, a close ally of Andrew and his brother Tristan, identified himself as their "third brother" on top of playing a "big brother" to Barron. Barron spoke to Andrew Tate over Zoom last year while getting a suit fitted by Waller's tailor, according to the outlet. They discussed their shared belief that Romanian prosecutors charging the Tate brothers with a number of sex and trafficking crimes was an effort to silence them.
U.S. farmers facing steep losses this year welcomed President Donald Trump's $12 billion aid package announced on Monday, but said they would need more than that to fully offset low crop prices and lost export opportunities from his trade war. The aid will help farmers prepare for the next planting season, said five farmers and agricultural groups, four agricultural economists and three bankers. Yet they added that it is a fraction of farm losses and will not rescue the sagging farm economy.
Georgia Democrats scored a major upset in a special election on Tuesday night, flipping a conservative legislative district ... read more
President Trump tore into the Ellison family over a "60 Minutes" interview Lesley Stahl conducted with his new critic Rep. Marjorie Taylor Greene (R-GA). read more
Speaking of mutilation, the orange child rapist partially scalped Ivana.