Yellen Utters The Dreaded "S" Word: Stagflation
America's top finance official is carefully reintroducing the term Stagflation, for the first time in 50 years.
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Fed Dissenters Warn Inflation Remains Too High
Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari and Dallas Fed President Lorie Logan opposed the central bank's decision to hold rates steady for a fifth consecutive meeting.
Oil Prices Steady As Hormuz Traffic Gradually Recovers
According to Commonwealth Bank of Australia, shipping through the Strait of Hormuz has recovered to about 30% to 35% of pre-conflict levels.
Mamdani Announces City-Run Grocery Stores Will Offer 30% Discount. Critics Say It Will Crush Local Businesses.
Mamdani’s office noted that the basket of goods “will include all fresh produce, meat and seafood, along with roughly 20 additional categories of pantry staples, dairy and refrigerated goods.”
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Red Cross Declares National Blood Supply Crisis
Type O blood, which is compatible with the majority of patients, now has less than a one-day national supply for Type O positive.
‘This is Classified’: What Biden Told His Ghostwriter, And What Redactions Tell About Materials He Shared
The tapes of the interviews were released as part of a Freedom of Information Act request from the Oversight Project, a watchdog group formerly part of The Heritage Foundation.
Ossoff Outspent Tlaib And AOC On Makeup
The Georgia senator, who is seeking reelection against Rep. Mike Collins, R-Ga., has made three payments to Ponder since February, the most recent on June 10, when his campaign paid $900.
Why Is Trump Holding A Cabinet Meeting At Camp David
Trump visited Camp David frequently during his first term but has made fewer trips during his second, most recently on Father's Day in June.