Jerome H. Powell on Wednesday announced he would stay on as a governor at the central bank as internal divisions sharpen about the policy path forward.Jerome H. Powell on Wednesday said that he would remain at the central bank after his term as chair ends on May 15 and his successor, Kevin M. Warsh,
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.The announcement ends months of speculation about whether Jerome H. Powell would choose to continue on as a member of the Board of Governors at the Federal Rese
Also, the Pentagon estimates the Iran war cost at $25 billion. Here’s the latest at the end of Wednesday.
The court struck down the voting map as an unconstitutional racial gerrymander in a move that could make it harder for lawmakers to create majority-minority voting districts.The U.S. Supreme Court on Wednesday.
The case deals with Temporary Protected Status for hundreds of thousands of Haitians and Syrians but could have implications for more than a million from troubled nations.A candlelight vigil in Miami in February for Haitians living under Temporary Protected Status, which the Trump administration is
Democrats stand to lose at least one blue-leaning district in Louisiana, but the timing was unclear. Florida has approved a redder map, and Republicans in several other states are weighing new districts.Senator Marsha Blackburn of Tennessee issued a statement calling on the state legislature to reco
There were at least 10 American billionaires, six Fox News hosts, assorted presidential pals, no Democratic politicians and not so many British.President Trump and Melania Trump with King Charles III of Britain and Queen Camilla at the White House on Tuesday.
Parsing a state visit told in photo ops, and style.In pink: Queen Camilla, King Charles III, President Trump and Melania Trump at the state dinner on Tuesday.
On Wednesday, the Queen of England presented the New York Public Library with a bespoke replica of Roo, the smallest companion of the Bear of Very Little Brain.Queen Camilla presents a specially made replica of Roo, the baby kangaroo companion of Winnie-the-Pooh, to Anthony Marx, the president and c
During his first public appearance on Capitol Hill since the war began, the defense secretary lashed out at lawmakers in both parties who have questioned the conflict.Pete Hegseth, the defense secretary, during a hearing at the Capitol on Wednesday.
The defense secretary said at a House hearing that President Barack Obama had fired 197 generals, a figure that the Pentagon previously acknowledged was false.Defense Secretary Pete Hegseth’s actions to fire senior military leaders are without precedent in recent decades and have come with little ex
The comments came after the German chancellor said that Iran has “humiliated” the United States.U.S. soldiers on a combat exercise in Bavaria, Germany.
The singer-songwriter talks about being self-taught, and reaching down into the deepest, darkest parts of herself to pull out a song.
The artist shares stories behind some of her biggest hits, her love of a “rant bridge” and how life in the public eye informs the stories she tells in her songs.
Republicans put down a right-wing revolt to push a three-year renewal through the House, but the Senate appeared likely to opt for a 45-day punt ahead of a Friday expiration.Speaker Mike Johnson struggled for more than two hours on Wednesday to round up the votes to bring up the surveillance bill.
A new prosecution memo details the preparations made in the days and weeks before the assault on the White House correspondents’ dinner.Todd Blanche, the acting attorney general, took questions during a news conference at the Justice Department in Washington about the case involving the gunman at th
A school transfer disrupted two brothers’ visas, their lawyer said, leaving them vulnerable to arrest and unsettling their Mississippi school community.
House Republicans toiled to pass major measures as lawmakers scrambled to fund homeland security, extend spy powers and deliver a farm bill.“Right now we don’t look as functional as we need to look,” Representative Tom Cole, Republican of Oklahoma, acknowledged.
A decades-old fight over a parking lot reserved for judges in Brooklyn has picked up steam with a new generation of combatants.For more than six decades, judges have been able to use a parking lot carved out of a section of Columbus Park in Downtown Brooklyn.
Previous truces have broken down amid competing accusations of violations, and it is not clear that Ukraine will agree to Moscow’s terms.A firefighter worked to extinguish a blaze after a Russian strike in Kyiv, Ukraine, this month.
With Israel increasingly unpopular and antisemitism on the rise, Jewish politicians find themselves more and more under attack.Noah Arbit, a Michigan state representative, said he had made fighting antisemitism a core part of his platform.
Only two places in the world allow tourists to enter the water with the ocean’s apex predator. But the safety of both species is a growing concern.
In the second day of a trial pitting Mr. Musk against OpenAI, he said the company’s chief executive, Sam Altman, had misled him. But OpenAI’s lawyer said evidence showed the opposite.Elon Musk’s testimony grew testy during cross-examination from OpenAI’s lawyer.
Google, Amazon, Microsoft and Meta reported more than $130 billion in quarterly capital expenditures on Wednesday as they build A.I. data centers. There’s more to come.Amazon’s data center complex in New Carlisle, Ind. The company, along with Google, Microsoft and Meta, has spent billions on capital
