The Federal Reserve faces a tricky situation. Inflation is rising, and the job market is weakening. This puts the Fed in a tough spot as it prepares to cut interest rates. Inflation went up by 2. 9% in August compared to last year. This is the biggest jump since January. Even without food and energ
A federal judge has stepped in to stop President Trump from removing Federal Reserve Governor Lisa Cook. Judge Jia Cobb ruled that Cook should stay in her position while the legal battle continues. This decision came just before the Federal Reserve's important meeting scheduled for September 16. Th
Recent data from the National Assessment of Educational Progress (NAEP) reveals a troubling trend: student scores in science, math, and reading have dropped significantly since 2019. This decline is evident across different grade levels, with eighth-graders' science scores falling by 4 points and 12
A recent government memo has revealed plans to use a Navy base in Illinois as a central hub for federal agents involved in immigration enforcement in Chicago. The Department of Homeland Security (DHS) has requested space for around 250 agents and 140 vehicles at the Naval Station Great Lakes, which
Inflation is still on the rise, but not by much. The latest numbers show prices went up by 2. 6% over the past year. That's not great, but it's not terrible either. It's the same as last month, so at least it's not getting worse fast. The core PCE, which looks at prices without food and fuel, went
Lisa Cook, a member of the Federal Reserve's Board of Governors, is in a legal fight to keep her job after President Donald Trump tried to fire her. This is a big deal because the Fed usually makes decisions without political pressure. The Fed controls interest rates, which affect things like inflat
Washington, DC, has seen a drop in crime since federal law enforcement stepped in. But not everyone is happy about it. The city's mayor, Muriel Bowser, says crime has gone down. She points to fewer carjackings, gun crimes, and homicides. She thinks people feel more accountable now. But she also say
Crime is a big issue in many cities, and Washington, D. C. is no exception. The city has seen some improvements, but it still has a long way to go. One of the main problems is that the police force is understaffed. With only 3, 200 officers on the job instead of the 4, 000 needed, it's no surprise t
Crypto prices shot up after Jerome Powell, the head of the Federal Reserve, hinted at possible interest rate cuts. This news made crypto traders feel hopeful. Bitcoin, Ethereum, and XRP saw big jumps in their values. Bitcoin reached $116, 518. 85. Ethereum hit $4, 629. 78. XRP crossed $3. 00. Other
Investors are pulling money out of Bitcoin ETFs fast. Over $1. 1 billion has left these funds in just five days. This is happening as people get ready for a big speech by the head of the U. S. Federal Reserve, Jerome Powell. The speech is at the Jackson Hole symposium, and it's making everyone nervo
