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Cristiano Ronaldo’s Abrupt Portugal Walkout Sparks ‘Is This The End?’ Question
Ronaldo’s decision to leave Portugal’s training camp after an apparent rift with coach Jorge Jesus has left many wondering about his future.
Tariffs Are Making Instruments So Expensive, School Music Programs Are at Risk
When a single cello can cost $1,000 and a tuba $9,000, tariffs are straining meager band and orchestra budgets.
Ainsworth’s ‘crazy period’ a year on from brutal heart op
A year on from a “brutal” heart operation and Gareth Ainsworth can barely believe how much has changed.
What would the new bipartisan permitting reform bill actually do?
This week, a bipartisan group of senators announced a major permitting reform bill aimed at speeding up the build-out of the nation's infrastructure, especially energy projects. While it’s not clear if the bill will become law, it appears to have the backing of a significant number of legislators as well as leaders in both parties....
Federal Reserve vice chair says it ‘may take more time’ before hiking rates again
Federal Reserve Vice Chair Philip Jefferson said Thursday the central bank will wait to evaluate incoming economic data before deciding whether to hike interest rates again. “As we look ahead, my view is that any future adjustments in policy should be determined by carefully examining trends in the data, the evolving outlook, and the balance...
Watch live: Trump kicks off red-state campaign swing at Texas truck plant
President Trump will kick off his red-state campaign swing Thursday afternoon with a visit to a manufacturing plant in Denton, Texas. Trump is likely to use the stop to highlight his trade and tariff agenda, as well as the Trump administration's efforts to boost domestic production. The visit comes as the president faces persistent concerns...
Treasury targets Iranian auto, rail sectors in latest round of sanctions
The Treasury Department sanctioned Iranian auto and rail industries Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies — which the administration views as critical sources of funding for...
Fed's Kashkari says inflation 'still too high' despite lower PCE data than expected
Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday that inflation remains “too high,” after the the Bureau of Economic Analysis (BEA) released data showing that annual inflation remained above the central bank’s 2 percent target in August. “Inflation is still too high,” Kashkari told CNBC’s Steve Liesman at a Council on Foreign Relations...
10-year Treasury yields hit 24-year high
The yield on the 10-year U.S. Treasury bond hit a 24-year high during Thursday trading, forecasting higher borrowing costs for Americans. The 10-year bond yield topped 5.34 percent early Thursday morning, the note’s highest mark since April 2002. That month, the yield reached a closing peak of 5.48 percent. The note has since decreased to...
Trump Dangles Alaska Gas Project as Part of Korean Investment Package
The long-delayed project, which the developer has not yet formally greenlit, would deliver Alaskan gas to Asian markets but take several years to construct.