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Fed’s Powell: Holding Rates Steady Leaves Fed ‘Well-Positioned’ | WSJ News
WSJ News· 2025-07-30 20:19
Economic Outlook - The economy is in a solid position with a low unemployment rate and a labor market at or near maximum employment [1] - Inflation has been running somewhat above the 2% longer-run objective [1][3] - There's also downside risk to the labor market [5] Monetary Policy - The Federal Open Market Committee decided to leave the policy interest rate unchanged [2] - The current stance of monetary policy is believed to be well-positioned to respond to potential economic developments [2] - The policy rate is characterized as modestly restrictive [3] - Financial conditions are accommodative [4] - The economy is not performing as though restrictive policy were holding it back inappropriately [4] Future Considerations - In coming months, a good amount of data will help inform the assessment of the balance of risks and the appropriate setting of the federal funds rate [5]
Watch: Fed Chair Jerome Powell Speaks to Reporters After Rate Decision | WSJ
WSJ News· 2025-07-30 12:46
Federal Reserve Chair Jerome Powell holds a news conference following the central bank's decision on interest rates. #Fed #JeromePowell #WSJ ...
Gaza's Hunger Crisis: Why Isn't Aid Getting Through?
WSJ News· 2025-07-30 09:32
Child hunger is increasing across the Gaza Strip according to Palestinians and aid organizations. >> And some of those kids are that's real starvation stuff. I see it.And you can't fake that. The IPC, the UNbacked scientific authority on food emergencies, reported famine conditions in Gaza, the most dire assessment since the war began. Pallets of food at this massive stockpile on the border could help address that suffering.Instead, they've been left rotting in the blistering summer sun. Both sides now trad ...
Massive Earthquake Triggers Tsunami Warnings Across the Pacific
WSJ News· 2025-07-30 08:48
An 8.8-magnitude earthquake strikes Russia’s far east, triggering tsunami warnings as far as the U.S. West Coast. ...
Sen. Cory Booker Lashes Out, Calls Democrats ‘Complicit’ With Trump | WSJ News
WSJ News· 2025-07-30 00:43
I rise today to propose an amendment to the bills before us. One that guarantees every officer in every state like Officer Islam has the full support they deserve in their service to our communities from this body. Sadly, this is not what the Justice Department is doing.Rather than supporting law enforcement agencies and officers equally across the nation, they are weaponizing public safety grants to punish state and local jurisdictions that resist the Trump policy agenda, including my home state of New Jer ...
NYC Shooting Suspect Shane Tamura Left Suicide Note: What We Know So Far | WSJ News
WSJ News· 2025-07-29 23:21
The lone gunman who killed four people in a Midtown Manhattan office left a suicide note targeting the National Football League. In the note, police say 27-year-old Shane Tamora of Las Vegas accused the NFL of concealing the dangers of the sport on players brains. He alluded to having CTE um from playing in the NFL. uh he never played in the NFL and he alluded to the CTE uh being the reason for his illness.Uh it appears as though uh he was going after the uh employees at the NFL, the building 345 house, the ...
U.S.-China Trade Officials Discuss Tariff Truce Extension | WSJ News
WSJ News· 2025-07-29 18:36
Uh with respect to a potential pause, you we're going to head back to Washington DC. We're going to talk to the president about whether that's something that he wants to do. Um it's certainly something that's been under discussion and so we'll brief the president on the outcome of this and we'll see if there are any we have further technical discussions that are happening right now as we speak among the teams and so the president can make a final call on whether that's something that he wants to do.>> I'm j ...
Would You Swim in the Seine? Our Paris Reporter Took the Plunge.
WSJ News· 2025-07-29 15:40
- So, we're here in the heart of Paris where I'm about to do something I never thought I would. Swim in the Seine River. Swimming has been banned for a hundred years because of boat pollution and sewage.And for the first time this summer, swimming is actually allowed. - I thought I was gonna cry. I might cry right now.Yeah. 'Cause it's just so beautiful from this angle. And it also feels like it could be any time in the world and history. It could be any time when you're just in the water and looking at the ...
30 Dead, Thousands Evacuated Amid Beijing Floods | WSJ News
WSJ News· 2025-07-29 08:28
Chinese President Xi Jinping orders ‘all-out’ search and rescue efforts to minimize casualties as severe flooding leaves at least 30 people dead in Beijing. Photo: Adek Berry/Agence France-Presse/Getty Images ...
Four Dead in Shooting at New York City Building Housing Blackstone, NFL | WSJ News
WSJ News· 2025-07-29 04:07
Please stay indoors. Shelter in place. Stay away from the window until further instruction.According to our law enforcement partners in Las Vegas, Mr. . Tamora has a documented mental health history. His motives are still under investigation and we are working to understand why he targeted this particular location.Tonight we mourn for those who were killed and we pray for the families as they go through this painful moment. ...