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Fed holds interest rates steady

Fed holds interest rates steady

CNN3 days ago
Fed holds interest rates steady
The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense pressure from President Donald Trump and his allies to lower borrowing costs.
01:18 - Source: CNN
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Fed holds interest rates steady
The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense pressure from President Donald Trump and his allies to lower borrowing costs.
01:18 - Source: CNN
Bombshell admission in helicopter crash investigation
NTSB hearings to figure out what caused a deadly mid-air collision on January 29th between an Army helicopter and a commercial flight are underway. CNN's Pete Muntean reports on one of the significant revelations from the hearing.
00:54 - Source: CNN
Trump's tariff deadline looms over world economy
President Trump's self-imposed midnight deadline is rapidly approaching for countries to strike a trade framework with the United States or face significantly higher tariffs. In a new development today, President Donald Trump announced a 90-day pause on higher tariffs on Mexico.
01:26 - Source: CNN
Dozens injured on Delta flight
Severe turbulence struck a Delta flight from Salt Lake City to Amsterdam Wednesday, causing service carts and unbelted passengers to hit the ceiling and forcing an emergency landing in Minnesota, where 25 people on board were taken to hospitals.
01:01 - Source: CNN
Arrest made in Arkansas hiking murders
A man has been arrested in connection with the deaths of a married couple attacked and killed while hiking with their two young daughters at a state park in the Ozark Mountains, according to the Arkansas State Police.
00:45 - Source: CNN
US diminished a key weapons stockpile fighting Iran
The US used about a quarter of its supply of high-end missile interceptors during the Israel-Iran war, exposing a gap in supplies, and raising concerns about US global security posture. CNN's Tamara Qiblawi reports.
01:35 - Source: CNN
Pilot safe after navy fighter jet crash
A US Navy F-35 fighter jet crashed in central California, according to the Navy. The pilot ejected safely, and the cause of the crash is under investigation.
00:41 - Source: CNN
Carney says Canada will recognize Palestinian state
Canadian Prime Minister Mark Carney has joined France and Britain in announcing plans to recognize a Palestinian state in September at the United Nations, as international pressure builds on Israel over the ongoing war and starvation crisis in Gaza. President Donald Trump reacted to the announcement by threatening to derail trade talks with Canada.
00:30 - Source: CNN
Jury finds James Craig guilty of first-degree murder
A jury has found Colorado dentist James Craig guilty of all charges in the March 2023 death of his wife Angela, including murder in the first degree. He now faces life in prison without the possibility of parole.
02:38 - Source: CNN
How an earthquake causes a tsunami
A massive 8.8 magnitude earthquake that struck off Russia's east coast is tied for the sixth strongest ever recorded. Tsunami warnings were issued across the Pacific. CNN Meteorologist Chris Warren explains how an earthquake turns into a tsunami.
01:16 - Source: CNN
Police release new images of the gun used in the Midtown Manhattan shooting
Photos released by the New York City Police Department show the assault-style rifle 27-year-old Shane Devon Tamura used to fatally shoot four people – including a police officer – and wound one before killing himself in Midtown Manhattan.
00:52 - Source: CNN
8.8 magnitude earthquake has effects across the globe
An 8.8 magnitude earthquake in Russia's Far East raised tsunami alerts in Japan, Alaska, Hawaii and along the US West Coast. The tsunami warning for the state of Hawaii has been downgraded to an advisory. Authorities continue to monitor conditions and urge returning residents to remain vigilant. This quake is tied for the sixth strongest ever recorded.
00:39 - Source: CNN
Tsunami warnings triggered after major earthquake
The strongest earthquake on the planet since 2011 has triggered tsunami warnings for parts of Russia, Japan, and Alaska, as well as all of Hawaii. CNN's Will Ripley reports on the 8.8-magnitude quake.
00:41 - Source: CNN
Delta announces generative AI ticketing
CNN Business editor-at-large Richard Quest breaks down Delta's announcement that the airline will deploy large-scale, advanced artificial intelligence towards ticket pricing — and what that means for the price of your next flight.
01:31 - Source: CNN
Therapist treating Epstein victims says Trump's language 'dehumanizes'
CNN's John Berman speaks with Randee Kogan, a therapist for victims of Jeffrey Epstein, about President Donald Trump saying Epstein "stole people that worked for me" and possibly pardoning Epstein accomplice Ghislaine Maxwell.
01:12 - Source: CNN
Ghislaine Maxwell's attorneys lay out conditions to be met before she gives testimony to Congress
Jeffrey Epstein accomplice Ghislaine Maxwell has offered to testify before Congress, but with major conditions, including immunity. CNN's Kaitlan Collins breaks down the list of demands sent to the House Oversight Committee by her attorneys.
01:20 - Source: CNN
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Israel minister who led prayers at a controversial holy site has a record of provocative actions
Israel minister who led prayers at a controversial holy site has a record of provocative actions

Yahoo

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  • Yahoo

Israel minister who led prayers at a controversial holy site has a record of provocative actions

ML-Israel-minister TEL AVIV, Israel (AP) — Israel's far-right national security minister led prayers on Sunday at Jerusalem's most sensitive holy site, drawing international condemnation and escalating tensions as Israel faces strong criticism over the war in Gaza. Itamar Ben-Gvir has frequently visited the contested Jerusalem hilltop compound during the war in Gaza. Jews revere the site as the Temple Mount, where the biblical temples once stood. It is the holiest site in Judaism. Today, it is home to the Al Aqsa Mosque, the third-holiest site in Islam. Tensions at the compound have frequently spilled over into violence over the years. It was the latest act of defiance by the 49-year-old ultranationalist settler leader who transformed himself over the decades from an outlaw and provocateur into one of Israel's most influential politicians. Here is a closer look at Ben-Gvir: Why was the visit considered a provocation? Since Israel captured the site in 1967, Jews have been allowed to visit but not pray there. Palestinians consider the mosque a national symbol and view visits by Jewish leaders as provocative and as a potential precursor to Israel seizing control over the compound. Most rabbis forbid Jews from praying on the site, but there has been a growing movement in recent years of Jews who support worship there. Ben-Gvir has long called for greater Jewish access to the holy site. Ben-Gvir was visiting to mark the Jewish holiday of Tisha B'Av, a day of mourning and repentance when Jews reflect on the destruction of the First and Second Temples, key events in Jewish history. Visits like Ben-Gvir's are legal. Israeli media said the visit was the first time that a sitting minister actively and vocally led prayers. Ben-Gvir also called for Israel to conquer and declare sovereignty over all of the Gaza Strip and encourage 'voluntary' migration from Gaza in order to end the war and bring the hostages back. Palestinians say the migration plan is a disguise for forced expulsions. In response to Ben-Gvir's visit, Prime Minister Benjamin Netanyahu said the status quo at the site had not changed and would not change to allow Jewish prayer. Run-ins with the law Ben-Gvir has been convicted eight times for offenses that include racism and supporting a terrorist organization. The army banned him from compulsory military service when he was a teen, deeming his views too extreme. Ben-Gvir gained notoriety in his youth as a follower of the late radical rabbi Meir Kahane. He first became a national figure when he broke a hood ornament off then-Prime Minister Yitzhak Rabin's car in 1995. 'We got to his car, and we'll get to him too,' he said, just weeks before Rabin was assassinated by a Jewish extremist opposed to his peace efforts with the Palestinians. Two years later, Ben-Gvir took responsibility for orchestrating a campaign of protests, including death threats, that forced Irish singer Sinead O'Connor to cancel a concert for peace in Jerusalem. Moving to the mainstream The political rise of Ben-Gvir was the culmination of years of efforts by the media-savvy lawmaker to gain legitimacy. But it also reflected a rightward shift in the Israeli electorate that brought his religious, ultranationalist ideology into the mainstream and diminished hopes for Palestinian independence. Ben-Gvir is trained as a lawyer and gained recognition as a successful defense attorney for extremist Jews accused of violence against Palestinians. With a quick wit and cheerful demeanor, the outspoken Ben-Gvir also became a popular fixture in the media, paving his way to enter politics. He was first elected to parliament in 2021. Ben-Gvir has called for deporting his political opponents. In an episode in 2022, he brandished a pistol and encouraged police to open fire on Palestinian stone-throwers in a tense Jerusalem neighborhood. In his Cabinet post, Ben-Gvir oversaw the country's police force. He used his influence to encourage Netanyahu to press ahead with the war in Gaza and recently boasted that he had blocked past efforts to reach a ceasefire. As national security minister, he has encouraged police to take a tough line against anti-government protesters. Controversial minister Ben-Gvir secured his Cabinet post after 2022 elections that put Netanyahu and his far-right partners, including Ben-Gvir's Jewish Power party, into power. 'Over the last year I've been on a mission to save Israel,' Ben-Gvir told reporters before that election. 'Millions of citizens are waiting for a real right-wing government. The time has come to give them one.' Ben-Gvir has been a magnet of controversy throughout his tenure — encouraging the mass distribution of handguns to Jewish citizens, backing Netanyahu's contentious attempt to overhaul the country's legal system and frequently lashing out at U.S. leaders for perceived slights against Israel. Resignation and return to Netanyahu's cabinet Ben-Gvir temporarily resigned from Prime Minister Netanyahu's cabinet earlier this year to express his disapproval of the Gaza ceasefire deal. The ceasefire ran from Jan. 19 to March 1. Hamas released 25 Israeli hostages and the bodies of eight others in return for nearly 1,800 Palestinian prisoners, including senior militants serving life sentences for deadly attacks. Israeli forces pulled back to a buffer zone, hundreds of thousands of Palestinians returned to what remained of their homes, and there was a surge of humanitarian aid. Ben-Gvir's resignation did not stop the ceasefire, but it did weaken Netanyahu's governing coalition. Ben-Gvir rejoined the cabinet when Israel ended the ceasefire and returned to active combat in Gaza in March 2025. Last week, the Netherlands banned Ben-Gvir and far-right Finance Minister Betzalel Smotrich from entering the country. Britain, Australia, Canada, New Zealand and Norway imposed financial sanctions on the two men last month. Solve the daily Crossword

LeBlanc says he expects Carney, Trump will speak in the coming days
LeBlanc says he expects Carney, Trump will speak in the coming days

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time20 minutes ago

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LeBlanc says he expects Carney, Trump will speak in the coming days

OTTAWA — Dominic LeBlanc says he expects Prime Minister Mark Carney and U.S. President Donald Trump will speak "over the next number of days" as the United States ratchets up pressure in trade talks. The Canada-U.S. trade minister appeared on CBS's "Face the Nation" on Sunday and spoke about where talks stand between the two countries. LeBlanc told host Margaret Brennan that while Canada is "disappointed" with Trump's new 35-per-cent tariffs, he is continuing to work toward a deal that would hopefully strike down trade restrictions between the nations. LeBlanc was in Washington last week attempting to find common ground with the Trump administration ahead of Friday's deadline to secure a new deal between the trading partners. While Mexico was granted a 90-day delay on new duties, Trump on Friday hit Canada with a 35-per-cent tariff on all goods that are not compliant with the Canada-U.S.-Mexico Agreement on trade. Canada also continues to face U.S. tariffs on steel, aluminum and automobiles as well as Trump's new 50-per-cent tariffs on semi-finished copper products. This report by The Canadian Press was first published Aug. 3, 2025. Craig Lord, The Canadian Press

Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man'
Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man'

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time20 minutes ago

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Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man'

President Donald Trump's former personal attorney Michael Cohen has predicted that Trump might set his sights on the fortune of tech magnate Elon Musk following their recent spat. What Happened: Cohen thinks Trump's jealousy of Musk's position as the wealthiest man in the world could drive him to target Musk's wealth. Musk, who is the CEO of Tesla Inc. (NASDAQ:TSLA), had earlier contributed $250 million to Trump's 2024 campaign and was chosen to spearhead a cost-reduction initiative under the Department of Government Efficiency (DOGE). Earlier speaking with MSNBC, Cohen said, "I said from the very start that this bromance was going to come to an end. I'm going to go one step even further, again, and I'm going to say Trump will ultimately go after Elon's money next because it bothers him that he is the richest man in the world." Cohen, now a prominent critic of Trump, speculates that Trump could utilize DOGE to probe how Musk and his businesses 'exploited the United States of America' and try to 'reclaim' government subsidies given to Tesla. Also Read: Ex-Trump Lawyer Sent This Message To Elon Musk After Feud With Donald Trump Erupted However, White House communications director Steven Cheung dismissed Cohen's forecasts, describing him as a 'deeply disturbed' person spreading 'falsehoods and deception'. Why It Matters: The conjecture by Cohen, if it materializes, could lead to a significant shift in the dynamics between Trump and Musk. The latter's wealth, largely attributed to his leadership at Tesla, has been a subject of public interest. Musk's contribution to Trump's campaign and his role in DOGE further intertwine their professional relationship. Any action by Trump targeting Musk's fortune could potentially impact Tesla's operations and its standing in the market. However, these are mere predictions at this point, and it remains to be seen how the situation unfolds. Read Next Ex-Trump Family Attorney Raises Alarms Over Trump's Actions as President: 'I Have Never Been As Concerned' Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Ex-Trump Lawyer Says Trump Could Set Sights on Musk's Billions: 'It Bothers Him That He Is the Richest Man' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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