Reuters

NEW YORK (Reuters) - The Federal Reserve’s battle to get inflation under control likely faces fresh challenges should Donald Trump regain the White House, a dynamic that could put the U.S. central bank back in the former Republican president's crosshairs.

In a Trump win, economists see revived inflation and a more wary Fed

The Hill

Sen. Elizabeth Warren (D-Mass.) slammed Federal Reserve Chair Jerome Powell for holding interest rates steady earlier this week after Friday’s jobs report came in weaker than expected. “Fed Chair Powell made a serious mistake not cutting interest rates,” Warren said in a post on social platform X. “He’s been...

Warren hammers Powell over jobs report: ‘Cut rates now’

NEW YORK (Reuters) - U.S. government bond investors on Monday unwound some of the trades that were put in place on expectations of a second U.S. presidency of Republican Donald Trump, as U.S. President Joe Biden's exit from the presidential race was seen as improving the Democrats' elections odds.

US bond market reacts to Biden's exit with 'Trump trade' reversal

Originally published by PolitiFact. Vice President Kamala Harris might soon get a new official title: 2024 Democratic presidential nominee. In the meantime, Republicans have revived a title they gave her in 2021: “border czar.”. Claims that President Joe Biden named Harris the “border czar” and that she is responsible...

‘Border czar’? Kamala Harris assigned to tackle immigration’s causes, not border security

WASHINGTON (Reuters) - Mike Donilon, a longtime adviser to U.S. President Joe Biden, will return to the White House for the final six months of Biden's presidency, a White House official said on Friday. Donilon had left the White House earlier this year to join Biden's reelection campaign before the...

Longtime Biden Aide Mike Donilon Returning to White House

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Deridder, LA

DERIDDER, La. (AP) — A woman who abruptly resigned her mayoral seat in a small southwest Louisiana city a week ago is now facing a rape charge involving a minor. Louisiana State Police arrested Misty Clanton Roberts, 42, on Thursday on charges of third-degree rape and contributing to the delinquency of a juvenile. She was released from the Beauregard Parish jail after posting $75,000 bond, news outlets reported.

Ex-Louisiana Mayor Is Arrested and Accused of Raping Minor Following Abrupt Resignation

Florida State

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Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Berkshire Hathaway has $234.6 billion worth of U.S. Treasury bills — that's more than the Federal Reserve. Warren Buffett’s Berkshire Hathaway has $234.6 billion worth of short-term investments in U.S. Treasury bills, the massive conglomerate’s second-quarter earnings report Saturday showed. Suggested Reading. Berkshire Hathaway has $234.6 billion...

Warren Buffett's Berkshire Hathaway holds more U.S. Treasury bills than the Federal Reserve

CBS News

Stocks in the U.S. plunged for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,200 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending. The S&P 500 slid 129 points, or 2.4%, to 5,217 in early afternoon trading, while the tech-heavy Nasdaq Composite sank 2.9%. Investors are fleeing the Big Tech names that until recently had powered the U.S. market higher: Apple shed 4.2% while Meta fell about 2% in afternoon trading. Chipmaker Nvidia tumbled 5.6%.The Dow Jones Industrial Average tumbled 1,238 points in early...

Dow plunges more than 1,200 points amid U.S. recession fears

Orange County, CA

Corcoran, CA

NewSantaAna

CORCORAN – California Department of Corrections and Rehabilitation (CDCR) officials are investigating the July 28, 2024, death of an incarcerated person at California Substance Abuse Treatment Facility as a homicide.

Pimp arrested in Orange County killed by an inmate at a state prison

MONDAY, Aug. 5, 2024 (HealthDay News) -- Three out of four police officers have experienced at least one concussion, increasing their risk of mental health issues, a new study suggests. About 74% of Ohio law enforcement officers had suffered one or more head injuries during their lifetimes, researchers found. Around...

Head Injuries Common Among Police Officers, With Links to Mental Health Issues

Wisconsin State

WILMINGTON, Delaware (Reuters) -Vice President Kamala Harris's presidential campaign is staffing up in battleground states over the next two weeks including in the 'Sun Belt' that increasingly looked out of reach for President Joe Biden, citing momentum for her White House bid as grassroots engagement and fundraising soar. "Our grassroots...

Harris Campaign Staffs up in Battleground States, 'Sun Belt' in Play

Milwaukee, WI

Bucks County Beacon

It was a scene to behold: a union president delivering a booming, barn-burner speech at the Republican National Convention in Milwaukee—“the first Teamster in our 121-year history” to address the Republican Party, Teamsters President Sean O’Brien told the cheering crowd. While the union hasn’t endorsed former President Donald Trump (yet), O’Brien’s appearance—and Trump’s pick of Ohio Senator and “ Hillbilly Elegy ” author J.D. Vance as his running mate—aimed to solidify the bizarre notion that the Republican ticket is pro-labor and “ economic populist .”

How Trump and Vance Betray America’s Workers

Kamala Harris’ ascension to the top of the Democratic ticket marks a major milestone for Indian Americans, a visible representation of decades of steady growth as a political and electoral force. But what remains to be seen is whether that force is strong enough – or motivated enough – to make the difference in her favor in what will likely again be a historically close election.

Kamala Harris and the Rise of the Indian American Political Force

MONDAY, Aug. 5, 2024 (HealthDay News) -- Botanicals like turmeric, green tea and black cohosh may seem benign, but their overuse is being increasingly linked to liver injury. New research suggests that 7% of U.S. adults are using at least one of the six leading botanicals, the equivalent of 15.6 million people.

Botanicals Like Turmeric, Green Tea Are Harming Americans' Livers

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

WASHINGTON (Reuters) - The U.S. criminal case accusing Donald Trump of illegally trying to overturn his 2020 election defeat resumed after a nearly eight-month pause on Friday, with the judge left to decide how to proceed after the Supreme Court's immunity ruling. U.S. District Judge Tanya Chutkan in Washington is...

Trump 2020 Election Subversion Case to Resume Following Immunity Ruling

New York Post

Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of a lackluster jobs report that raised concerns about an economic slowdown.

“The Fed needs to drop rates,” Musk wrote in a post on X, formerly Twitter. “They have been foolish not to have done so already.”

Elon Musk revives lawsuit against OpenAI, accuses co-founders of ‘Shakespearean’ betrayal

Musk’s comments come after the Federal Reserve held a policy meeting last week in which the central bank kept the target rate at a range of 5.25% to 5.5% – the highest level in 23 years that the Fed...

Elon Musk says Fed ‘foolish’ for not cutting interest rates yet

NewsBreak

Fed Chairman Jerome Powell Caught in the Crossfire of the 2024 Election

Federal Reserve Chairman Jerome Powell has studiously avoided being drawn into the debate over the 2024 president election. “We don’t change anything in our approach to...

Fed Chairman Jerome Powell Caught in the Crossfire of the 2024 Election

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