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Fed's Hammack says bond yield surge not about lost inflation confidence

Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that surging bond yields are not being pushed up by inflation fears.When it comes to the jump in government bond yields, “it’s real rates that have moved up more than the inflation expectations,” Hammack said at a conference at her bank.“We're reasonably well anchored from an inflation expectations perspective” and rising bond yields reflect a solid economic outlook, competition for investor cash due to strong tech sector investment, as well as market participants adjusting prices to deal with the monetary polic

Pakistan, Saudi, Turkish chiefs discuss closer military ties

AI ads are popular in the 2026 midterms, but state laws haven’t stopped a lack of disclosure

Business|Economy|Finance|Political|Sports

US appeals court rules against Kalshi, says states can regulate prediction markets

A US appeals court on Friday ruled against the prediction markets operator Kalshi, saying Ohio and Tennessee can regulate its so-called event contracts under their gambling laws.The decision by the 6th US Circuit Court of Appeals in Cincinnati deepens a split among federal appeals courts over whether states or the federal Commodity Futures Trading Commission has authority to regulate the fast-growing industry.Kalshi did not immediately respond to requests for comment.Prediction markets are best known for letting people wager on the outcomes of sports events, though people can also wager on a

Meta misled consumers in case over Cambridge Analytica scandal, New Mexico jury says

Corporate debt maturities set to test US borrowers as rates rise

Political|World

Putin says all Ukraine peace proposals on table, but Russia must weigh its interests

Russian President Vladimir Putin said on Friday that all proposals for a settlement in the 4-1/2-year-old war with Ukraine remained on the table, but Moscow still needed to assess what was in its best interests. Putin also said Moscow had been ready to resume negotiations with Kyiv after last week's Russian parliamentary elections, but Ukraine launched attacks on Moscow and hit polling stations.Addressing journalists in St Petersburg, Russia's second largest city, Putin said it was Ukraine that had launched provocative attacks and would now have to pay the price of a sustained response."They

Imran Khan's party postpones planned Islamabad march to October 4

Trump said he would campaign in midterm battlegrounds. He's starting in deep red states instead

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Supreme Court lets Trump administration use revamped federal voter eligibility database for now

The Supreme Court on Friday lifted restrictions on a controversial federal voter database before November’s elections, granting President Donald Trump a temporary win in his aggressive campaign against noncitizen voting. The court's three liberal-leaning justices publicly dissented from the decision. The emergency order allows states, for now, to use the Trump administration's revamped version of a Department of Homeland Security program, called Systematic Alien Verification for Entitlements, or SAVE, in their efforts to verify the eligibility of voters on their

Trump wants to take a page out of the Biden energy playbook

In January 2024, then-presidential candidate Donald Trump blasted the Biden administration for freezing approvals for new plants to export US liquefied natural gas.When he won the election, in part by slamming the Biden-Harris “war on energy,” Trump vowed in his second inaugural address: “We will bring prices down… and export American energy all over the world.”He kept that promise, undoing the Biden-era LNG export permitting pause through an executive order just hours into his first day on the job.Now fast-forward more than a year and a half later, he’s considering taking a page o

Inside Trump’s plan for the ‘biggest DOJ election observer effort in history’

US Senate rejects resolution curbing Trump's Iran war powers

Crime|Political|US

Man who was shot during 2024 Trump campaign rally in Butler, Pennsylvania, has died

James Copenhaver, one of three campaign rally attendees shot in 2024 during an assassination attempt on then-candidate Donald Trump, has died in Pittsburgh, his lawyer said Thursday. He was 76. Copenhaver was in the bleachers during the event in Butler, Pennsylvania, when a 20-year-old gunman opened fire from a nearby rooftop, grazing Trump’s right ear with one bullet. Copenhaver was struck in the arm and in the abdomen, wounds that left him with lingering injuries and walking with a cane. Two other attendees were also shot — David Dutch, who surv

Not everyone thinks AI will kill us all

When AI company Hugging Face was hacked by a swarm of rogue OpenAI agents who had escaped their testing environment, the company’s CEO had many things to say.He called it an unprecedented event – “day one for cybersecurity in the age of agents.”But here’s one thing he didn’t say: The hack is a sign AI is going to be able to eventually wipe out humanity.Clement Delangue doesn’t buy into the doomer hype that’s gone viral in recent weeks, even as the victim of likely the most sophisticated AI agent-powered attack (that we know of). He scoffed at former Anthropic researcher Jacob C

What we know after officials say ICE detained a US citizen and left him injured in Chicago suburb

Hurricane Polo fuels fears of landslides in Mexico's southwest as Nolo closes in on Hawaii

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Africa|World

War has returned to Ethiopia’s Tigray — and former enemies are now fighting together. What changed?

Nearly four years ago, a peace deal ended the brutal war in Ethiopia’s northern Tigray region, one of the deadliest conflicts of the 21st century. Now, the violence has returned — but the battle lines have changed.Tigrayan rebels are again fighting the federal government, while forces that were once enemies are now fighting side by side.On Wednesday, Tigrayan forces seized three airports controlled by the federal government, while fighting also broke out in the neighboring regions of Amhara and Afar.The hostilities have shattered the 2022 peace agreement that ended a war estimated to have

Political|Travel|World

The Latest: Supreme Court lets Trump administration use revamped federal voter eligibility database

The Supreme Court on Friday lifted restrictions on a controversial federal voter database before November’s elections, granting President Donald Trump a temporary win in his aggressive campaign against noncitizen voting. Meanwhile, Trump took Chinese President Xi Jinping to visit the National Archives on Friday, showing off the sacred texts of U.S. democracy to the leader of the world’s most powerful communist country to cap off a three-day state visit criticized for being heavy on pomp and light on substance. Here's the latest: Iran

Susan Sarandon, Hannah Einbinder among more than 100 detained during anti-Netanyahu protest outside UN

Trump’s push to acquire Greenland almost broke NATO. The winner of it all may be ... Greenland

Arts|Economy|Technology|Travel|World

Trump's state dinner for Xi features sea bass and a long list of tech titans

A tech-heavy guest list, the fashion choices of those on it, who sat where and what was on the menu marked the softer — often and glitzier — details of diplomacy as Donald Trump threw a Thursday night state dinner honoring China’s leader Xi Jinping. The event featured a cavalcade of billionaires, Washington powerbrokers, business leaders and the type of festivities that most excite Trump, who has a reputation for reveling in hosting parties. “President Xi and I both understand we represent different systems, but the ties between our people endure, and we�

Business|Political|World

Trump is giving China's Xi a warm welcome. But criticism is loud on Capitol Hill

Chinese President Xi Jinping's visit to Washington is getting a much chillier reception on Capitol Hill than at the White House as lawmakers from both parties use the visit to denounce China's actions on the world stage. Lawmakers have long found little downside to taking a hawkish tone on China, but the U.S.'s war with Iran has inflamed tensions as U.S. officials accuse China of propping up Iran's economy and supplying its military with components and intelligence, endangering U.S. service members in the Middle East. In speeches, letters, press conferences and he

Israel's Netanyahu, at UN, calls accusations of genocide in Gaza 'the biggest lie of the century'

Judge blocks Trump's White House media ban, orders access to be restored

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Election|Political

New Jersey’s lieutenant governor resigns after sexual harassment and ethics complaints

Business|Economy|Finance

Americans still feel worse about the economy than at almost any point in modern history

Business|Economy|Political

Author of America’s tariff statute: Trump’s tariffs are illegal

Economy|Election|Political

Senate Republicans plan a last-ditch effort to lower costs ahead of midterms

Economy

Xi says he'll see Trump again soon as he wraps up US visit with a look at the Constitution

President Donald Trump has confirmed he'll have two more meetings with China’s Xi Jinping later this year

Political

New Jersey governor asks her No. 2 to resign over ethics and sexual harassment violations

New Jersey’s governor has called on her hand-picked lieutenant governor to resign by Friday after a law firm hired by her office concluded he behaved inappropriately around women

Arts|Interview|Political

CNN's Dana Bash lays out the stakes of Trump's White House media ban

Crime|Political

Judge Aileen Cannon’s gag order puts recently subpoenaed Mar-a-Lago agents in a bind

Arts|Political

Police arrest actors, politicians protesting against Netanyahu outside UN

Police arrested at least 30 people including actors and politicians as they protested outside United Nations headquarters on Thursday against Israeli

Political

We aren’t trying to kill Trump, Iran’s president insists to reporters at New York hotel

California & Local

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls