WASHINGTON – The US economy is showing some strains after years of resilience, with domestic demand moderating and job growth slowing, the International Monetary Fund said on Thursday. IMF spokesperson Julie Kozack said inflation was on a path to meet the Federal Reserve’s 2% target, but there were some risks that could push it higher, largely as a result of tariffs imposed on imports by the Trump administration. “What we’ve seen over the past few...
Confusion and conspiracy theories spread online after conservative activist Charlie Kirk was fatally shot during a university appearance in Orem, Utah, on Wednesday. As the manhunt continued, online speculation, much of it baseless, emerged about the circumstances of the shooting and the identity of the shooter. Online posts also shared fake headlines about the killing, or real headlines with fake timestamps to claim the media had advance knowledge of the plan. And social media users...
WASHINGTON — US President Donald Trump’s short list of candidates to succeed Jerome Powell as chair of the Federal Reserve now includes his aide Kevin Hassett, former Fed Governor Kevin Warsh and current Fed Governor Christopher Waller. Trump told reporters at the White House that the three men were the finalists for appointments to the Fed, adding he would consider Scott Bessent, too, but that the Treasury secretary was not interested. Bessent, who was with...
