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Subscribe to enjoy similar stories.Kevin Warsh, who is expected to be confirmed by the Senate later this month as the next Federal Reserve chair, will inherit a central bank that appears to be stuck in policy limbo due to concerns about escalating inflation. But Warsh may have more options than investors think.Bond traders no longer expect the Fed to cut interest rates this year.

Subscribe to enjoy similar stories.The Federal Reserve’s internal debate over interest rates has turned a corner. Officials are no longer arguing about when to resume cutting.

Subscribe to enjoy similar stories.Jerome Powell held his last press conference as Federal Reserve chair on Wednesday afternoon, but said he would stay on as a Fed governor pending the conclusion of an investigation into the renovation of the Fed’s Washington, D.C., headquarters.Powell, whose term as a governor runs through early 2028, said he would keep a low profile and has no interest in acting as a shadow chair under his presumptive successor, Kevin Warsh. That may be welcome news to Warsh, given the other challenges he is likely to face, including the most fractious Federal Open Market Committee in more than 30 years.The Fed held its federal-funds rate target steady after its April 28-29 policy meeting in a range of 3.5% to 3.75%, as expected.

Subscribe to enjoy similar stories.President Donald Trump has named Christopher Phelan as his next chief economist, an increasingly important role as the White House focuses on affordability and employment ahead of the midterm elections.Assuming he is confirmed, Phelan will become chairman of the White House Council of Economic Advisers, counseling the president on economic matters. He will replace acting CEA Chief Pierre Yared.Yared is standing in for Stephen Miran, who left the CEA in September when Trump appointed him to fill a vacancy on the Federal Reserve Board.“Miran was an ideological ally,” says Jacob Bastian, a senior economist at CEA during the Biden administration and an assistant professor of economics at Rutgers University.

Subscribe to enjoy similar stories. When a lawyer representing the Justice Department told a judge in open court this week that she was exhausted and “this job sucks," she said out loud what many federal prosecutors have been privately feeling for months. The Trump administration’s immigration crackdown—and the push to arrest many of the demonstrators protesting against it—is straining U.S.

Subscribe to enjoy similar stories. WASHINGTON—President Trump rose to power in real estate, reality television and politics following a simple creed in moments of crisis: Cede no ground, never admit mistakes and attack.

Subscribe to enjoy similar stories. WASHINGTON—The videos were splashed across cable news—and President Trump was paying attention. Working from the Oval Office as a winter storm barreled toward the nation’s capital, Trump watched as footage of a federal immigration agent shooting Alex Pretti, a 37-year-old intensive-care nurse and U.S.

Subscribe to enjoy similar stories. MINNEAPOLIS—For months, Jacob Frey, the Minneapolis mayor, felt a growing dread watching the number of federal immigration and Border Patrol agents swell from dozens to hundreds to thousands, all deployed to his city to carry out President Trump’s promise of the largest deportation of illegal immigrants in American history. “We’ve seen constant, constant, escalation," Frey said.

Subscribe to enjoy similar stories. WASHINGTON—In the days after Donald Trump approved a risky operation to oust Venezuela’s autocratic leader, some administration officials privately came up with a new moniker for the emboldened commander in chief: “President of the World." The nickname reflected Trump’s expanding ambitions and increasingly aggressive posture as he enters the second year of his second term. The president is pushing boundaries at home and abroad as he looks to demonstrate power, cement his legacy and beat the clock ahead of midterm elections that could end unified Republican control in Washington.

Subscribe to enjoy similar stories. MINNEAPOLIS—The Trump administration’s immigration-enforcement crackdown in blue cities like Los Angeles and Chicago has sparked a rolling countermovement: Neighbors armed with whistles and cameras observe ICE officers, chant at them to leave, trail their movements and warn people ahead of their arrival.

Subscribe to enjoy similar stories. It would appear that we are still in the era of extraordinary mobile-phone videos. The latest among them is footage taken by a bystander in Minneapolis as hooded officers of America’s Immigration and Customs Enforcement, which has acquired the chilling acronym ICE, raided a locality looking for illegal immigrants.

Subscribe to enjoy similar stories. MINNEAPOLIS—For months, crisis after crisis has battered this Midwestern city and state. The killing of a state legislator and her husband.

Subscribe to enjoy similar stories. WILLMAR, Minn.—Nearly 30 years ago in this small agricultural town, resident Pablo Obregon did a double take at a group waiting for the bus downtown on the first day of school. They were Somali children.

«The 'Pet Comfort' (feature) was a huge part of our decision,» Sjostrom says from his station on the outskirts of Minneapolis. «Now, I don't leave here without bringing her with me.» Almost all EVs now have some form of climate control that can be programmed to run when the machine is parked and driverless, another feature electric models can offer that internal combustion ones can't, like a front trunk or fueling at home. The temperature setting, which carmakers have been marketing for years, is now drawing a wide and specific demographic: the devoted dog owner. Lucid Group calls its feature «creature comfort mode,» which «has without a doubt been a great sales tool,» says spokesman Justin Berkowitz.

Michigan State’s Elite Eight run, has entered the transfer portal. The 6-foot-2 guard from Minneapolis averaged 9.1 points and 3.7 assists per game, shooting 37.3 per cent from the field. Holloman, a team captain, started 16 of the Spartans’ 37 games this season before moving to the bench in February. He, as per reports, shared point guard duties with redshirt freshman Jeremy Fears. He played alongside Jaden Akins and Jase Richardson in the backcourt. According to Spartan Mag, his impact included a buzzer-beating three-pointer against Maryland. He helped Michigan State secure the Big Ten regular-season title. However, in the Spartans’ season-ending loss to Auburn (70-64), Holloman struggled. He just scored two points on 0-for-10 shooting. With Michigan State’s rosters in flux, Holloman will explore new opportunities but retains the option to return before the April 22 deadline.

Minnesota Golden Gophers on Thursday fired men's basketball coach Ben Johnson, despite two more seasons remaining on his contract. This comes after four years of Johnson rebuilding rosters on a repeated basis at his alma mater as the side failed to even come close to an NCAA Tournament appearance, The Associated Press reported.

Subscribe to enjoy similar stories. Data-storage company Seagate makes hard disk drive components at its factory in suburban Minneapolis. The fate of an industry is riding on a laser smaller than a grain of salt.

equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020. The changes have come in response to a campaign by conservative activists to target workplace programs in the courts and social media, and more recently, President Donald Trump's executive orders aimed at upending DEI policies in both the federal government and private sector. DEI policies typically are intended to root out systemic barriers to the advancement of historically marginalized groups in certain fields or roles. Critics argue that some education, government and business programs are discriminatory because they single out participants based on factors such as race, gender and sexual orientation. They have targeted corporate sponsorships, employee-led affinity groups, programs aimed at steering contracts to minority or women-owned businesses, and goals that some companies established for increasing minority representation in leadership ranks.

The Grammy winner recently dropped her new music and debuted her latest single Love in Real Life. Now, she has announced three concerts in March to celebrate its release, USA Today reported.

Civil rights activists have gathered outside Target's Minneapolis headquarters to call for a boycott of the retailing giant over its decision to phase out its diversity, equity and inclusion initiatives

It looks like grocery shoppers hoping for soaring egg prices to turn around are likely to be waiting a while