Fed Chair Powell says he expects Trump’s tariffs will hike inflation and slow growth

Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump’s tariff policy will hike prices and slow economic growth, while noting that key indicators “still show a solid economy.” Policy changes implemented by the White House have contributed to a “highly uncertain outlook,” Powell said, making the remarks as stocks plummeted amid an … Read more

At least 7 killed as devastating storm pounds central US with more flooding, tornado threats

​​A four-day, once-in-a-generation weather event is pounding the middle of the U.S. with destructive tornadoes and life-threatening flooding. Friday marks day three of the devastating storm. Here’s what you need to know: 7 deaths reported in 3 states At least seven people have died across three states. People look over the debris around a home … Read more

US hiring surged in March, defying recession fears

U.S. hiring surged in March, blowing past economists’ expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed. The fresh data offered news of an upsurge in employer activity as stocks suffered a second day of selloffs over sweeping new tariffs announced by President Donald Trump earlier this … Read more

Japanese GP: Did ‘desperation’ cause Jack Doohan to make costly DRS error on Friday in Suzuka? | F1 News

Former F1 world champion Jacques Villeneuve said Jack Doohan has been driving with “desperation” after it was revealed that an error led to his huge crash in second practice at the Japanese Grand Prix. Doohan lost control at the high-speed Turn 1 on just his second flying lap of the Suzuka Circuit after Alpine opted … Read more

Trump fires head of National Security Agency and Cyber Command

The Trump administration has fired Timothy Haugh, the head of the National Security Agency and Cyber Command, several news publications reported overnight into Friday.  Haugh, a career military official, led the National Security Agency, the U.S.’ main wiretapping and intelligence gathering agency, for little more than a year after his appointment in February 2024 following … Read more

Bipartisan bill would limit Trump on tariffs

As markets around the world slumped and other countries plotted retaliation in reaction to President Donald Trump’s sweeping tariffs, Republican Sen. Chuck Grassley and Democrat Maria Cantwell introduced bipartisan legislation Thursday that would require Congress to approve new tariffs. And House Democrats are preparing to try to force a vote to terminate the tariffs. Reaction … Read more