Author: Daniel snow
President Trump joked that he should appoint himself Fed chair — but Jerome Powell showed him who is really in charge of interest-rate policy. Source link
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025.Andrew Caballero-Reynolds | Afp | Getty ImagesIndian Prime Minister Narendra Modi used his first conversation with U.S. President Donald Trump since the early May conflict between India and Pakistan to express his frustration with Trump’s repeated claims that he played a significant role in brokering a ceasefire between the two nuclear-armed countries.”Prime Minister Modi firmly stated that India does not and will never accept mediation. There is complete political consensus in…
The deal marks the most ever for a professional sports franchise. Source link
Platinum has far outpaced its metals peers for the month and year to date as supplies of the commodity are expected to fall short of demand for a third straight year. But that’s not the only reason for platinum’s stellar price performance. Source link
If you’re going to give a presentation to Jeff Bezos, you’d better have your facts straight.Andy Jassy, who eventually succeeded Bezos as Amazon CEO, learned that lesson in the early 2000s while giving a presentation to the e-commerce giant’s founder. Jassy described the experience of giving Bezos a flawed presentation as “one of my worst fears realized” In a May 15 appearance on the “How Leaders Lead” podcast.”We worked really hard on this presentation for the senior leadership team,” Jassy said, explaining that he and his partner had put together 140 slides, and he was responsible for presenting the first…
Global malnutrition risks getting worse because of Trump’s cuts in humanitarian aid, and here are the effects. Source link
Smith & Wesson faced lower sales and lower production volumes in recent months, and said inflation and tariff uncertainty also did not help. Source link
A man faces members of security forces outside the Edward R. Roybal Federal building after days of protests against federal immigration sweeps and the deployment of the California National Guard and U.S. Marines, in downtown Los Angeles, California, U.S., June 10, 2025. David Ryder | ReutersPresident Donald Trump’s administration is ordering an additional 2,000 members of the California Army National Guard to the Los Angeles area under federal command, the Pentagon announced late Tuesday.The deployment of additional soldiers was ordered despite the fact that demonstrations against federal immigration enforcement raids across the city have largely dissipated.A spokesperson for the Los…
Rising costs and an aging population mean Medicare is in danger of running short of funds in about eight years. Source link
Open AI CEO Sam Altman speaks at the annual Snowflake Summit in San Francisco, California on June 02, 2025. Justin Sullivan | Getty Images News | Getty ImagesOpenAI is winding down its work with Scale AI, the artificial intelligence startup that received a multibillion-dollar investment from Meta earlier this month and saw its founder join the social media company to lead an AI effort.Scale AI is best known for its work helping major tech companies, including OpenAI, prepare data they use to train cutting-edge AI models. But OpenAI has been pulling back from the startup over the last six to…