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Fed governor Lisa Cook slams Trump's renewed threat to fire her23:18 Federal Reserve governor Lisa Cook says the Trump administration has no legal basis to remove her from the central bank’s governing board A look at major lawsuits against Meta and other social media companies over harms to kids23:18 A settlement announced Wednesday between Meta and dozens of states resolves one of its biggest legal fights, but the social media giant is still facing litigation elsewhere over its products’ effects on young people’s mental health New Fed chair Warsh under pressure to clarify views on inflation, interest rates23:18 New Federal Reserve chair Kevin Warsh has brought sharp change in how the central bank communicates by saying much less than his predecessors about the economy and inflation Army to spend $2B to build nuclear microreactors at 5 bases as US seeks to ramp up nuclear power23:18 The U.S. Army has announced plans to add nuclear microreactors at five military bases from New York to Texas as a reliable energy source independent of the commercial electric grid Lucky Charms and Trix go au naturel as General Mills ditches artificial colors23:18 General Mills has removed artificial dyes from all its U.S. cereals, including Lucky Charms and Trix US targets Egyptian bank's UAE branches under new push for Iran's economic isolation18:29 The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership Fed Chair Warsh signals rate hikes may be needed with inflation still elevated16:54 Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook Washington chemical tank was called unfit for service before deadly failure, investigators find16:54 An inspection contractor found a chemical tank at a Washington state paper mill was unfit for service 10 months before its fatal failure in May Russian drones batter Ukraine's Kyiv region for a second day15:18 Russian forces have resumed drone attacks on Ukraine’s Kyiv region that hit numerous buildings and storage depots Asian shares mostly gain after upbeat results for Nvidia and others lift US stocks8:20 Shares are mostly higher in Asia after Nvidia and other technology stocks led an advance on Wall Street |
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