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    Powell to stay on Fed board after chair term expires▼Fed chair Jerome Powell says he will stay on central bank's board after term expires next month✉newsBusinessBanking1 d ago

    Federal Reserve Chair Jerome Powell says he will remain a member of the central bank's board of governors even after his term as chair expires next month. The announcement clarifies his immediate plans at the Fed while discussion continues over who will lead the US central bank next and what it means for monetary policy.

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    Dwight Powell's departure from the Dallas Mavericks is drawing reaction, with Kyrie Irving describing the exit as "a little heartbreaking." Powell had been one of the longest-serving members of the Mavericks roster, and his move away from the team has prompted reflection from teammates on what he meant in the locker room.

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    Guard Norman Powell is drawing attention after being ranked No. 77 in The Ringer's NBA Top 100 player list, while his recent performance included what Sports Illustrated called possibly his best game of the season in coverage of a Bulls matchup. Powell has built a reputation as an efficient scorer, and the ranking plus standout performances have kept his name in basketball discussions this week.

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    The Federal Reserve's FOMC meeting is drawing wide attention, with analysts expecting policymakers to skip a rate hike despite inflation remaining elevated. Traders and economists are watching for signals on how long rates will stay high and what the statement and Chair Jerome Powell's remarks may reveal about future policy moves.

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    Ex-Colin Powell aide claims Iran has nuclear weapons▼Col. Larry Wilkerson: Iran Already Has Nukes — And Israel Might Use One First▶youtubeWarNuclear115.2K1 h ago

    Retired US Army colonel Larry Wilkerson, former chief of staff to Secretary of State Colin Powell, says Iran already possesses nuclear weapons and warns that Israel could be the first to use a nuclear bomb in a future conflict. His remarks are circulating widely online, drawing debate about Iran's nuclear capabilities and escalation risks in the Middle East.

  6. 6

    The Federal Reserve is preparing to announce its latest decision on US interest rates, with Chairman Jerome Powell due to unveil the bank's choice. Attention is heightened because the decision lands shortly before the US midterm elections, raising questions about inflation, borrowing costs and the political sensitivity of the timing. The announcement is drawing interest across the United States and internationally.

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    Glen Powell is in the news on two fronts. The actor said recent mass layoffs at Paramount Pictures bear some responsibility for the underperformance of his remake of The Running Man. Separately, his food brand Smash Kitchen passed $100 million in sales, with reports crediting its Gen Z appeal and a distribution deal placing products in Walmart stores.

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    Five things to watch at this week's Federal Reserve meeting▼5 things to watch for in this week's Federal Reserve meeting✉newsBusinessEconomy21 h ago

    Attention is turning to the Federal Reserve's latest policy meeting, with PBS outlining five key things to watch. Observers are focused on the interest rate decision, signals about the pace of future cuts, and how officials weigh inflation against a cooling labor market. Any hints from Chair Jerome Powell about the economic outlook could move markets immediately.

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    The Federal Reserve holds its policy meeting this week, with markets and analysts focused on the outlook for interest rates and inflation. Observers are watching for signals on whether officials will hold rates steady or adjust them, and how Chair Jerome Powell frames the economic outlook. Coverage from outlets including Axios highlights that the decision could shape borrowing costs and market expectations in the weeks ahead.

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    Fed holds rates and upgrades economic outlook●Fed holds rates as expected and upgrades view on economy✉newsBusinessEconomy12 h ago

    The US Federal Reserve kept interest rates unchanged at its latest policy meeting, in line with expectations, while upgrading its assessment of the US economy. Markets and analysts will now scrutinise the Fed's revised projections and chair Jerome Powell's remarks for clues on the timing of any future rate moves.

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    Huntsville police in Alabama have announced the closure of two murder cases dating back to 2010, naming Jeremy Powell as the killer in both. The announcement marks the resolution of long-unsolved homicides that have remained open for over a decade. Authorities say identifying Powell brings answers to the victims' families, though the evidence carries no further detail on the circumstances or any charges.

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    Kevin Warsh says honored to lead Federal Reserve with central bank colleagues●Fed Chair Warsh says honored to work with his central bank colleagues✉newsBusinessBanking11 h ago

    Kevin Warsh, described as Fed Chair, said he is honored to work with his central bank colleagues. The statement suggests he has taken on the top job at the Federal Reserve, a role previously held by Jerome Powell. Warsh, a former Fed governor and long-time critic of the bank's policy stance, would now lead the institution he once scrutinized, and markets and economists are watching closely for signals on the direction of US interest rate policy.

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    Federal Reserve expected to hold interest rates steady●Federal Reserve expected to pass on interest rate hike, for now✉newsBusinessBanking17 h ago

    The Federal Reserve is expected to keep interest rates unchanged at its upcoming policy meeting, holding off on another rate hike for now. Officials have been weighing whether previous increases have done enough to curb inflation without pushing the economy into recession. Markets and analysts will watch the statement and Fed chair Jerome Powell's comments for hints about whether further tightening may still come later this year.

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    Powells to Host Madison County Special Olympics Chili Supper Fundraiser▼Jordan and Janet Powell - Madison County Special Olympics Chili Supper and Auction Fundraiser✉newsSportOlympics1 d ago

    Jordan and Janet Powell are backing the Madison County Special Olympics Chili Supper and Auction Fundraiser. The event combines a chili supper with an auction to raise money supporting Special Olympics athletes in Madison County. It gives local families and supporters a chance to contribute while the program continues to provide sports opportunities for people with intellectual disabilities in the area.

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    Five things to watch at the Fed's next meeting▼5 things to watch from the Federal Reserve's next meeting✉newsBusinessBanking1 d ago

    Attention is turning to the Federal Reserve's upcoming policy meeting, with analysts flagging five key items to watch: the interest rate decision, signals on future rate moves, updated economic projections, officials' assessment of inflation and the labor market, and the press conference tone from Chair Jerome Powell. Commentators are weighing whether the central bank will hold rates steady or hint at cuts as it balances persistent inflation against signs of a slowing economy.

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    UK national security adviser pressed over wife's Palestine Action comment●UK national security adviser under pressure over wife's comment on supporting Palestine Action https://www.theguardian.cMmastodonWorld12 d ago

    Jonathan Powell, the UK's national security adviser, is facing pressure after his wife, Sarah Helm, was linked to a comment expressing support for Palestine Action, reportedly connected to author Sally Rooney. The story has sparked debate about proximity between senior security officials and groups the government has proscribed as terrorist organisations. Critics are calling for clarity, while supporters argue personal family views should not implicate the adviser himself.