5 days ago
By David Milliken, Andy Bruce and Suban Abdulla
LONDON, Nov 5 (Reuters) - The Bank of England raised interest rates for the first time in over three years on Thursday and warned that at least one more increase was likely if the US-Iran conflict continues, as it started on a path that its main peers have already embarked on.
British inflation is likely to reach around 5% in the middle of next year, the BoE said, more than double the central bank's target and a blow for new Prime Minister Andy Burnham who has sought to ease cost of living pressures.
While there was little evidence so far of faster inflation outside sectors directly affected by higher energy costs, the BoE said the amount of inflation pressure coming down the road from months of high energy prices required a rate rise now.
"Today's increase shouldn't be seen as the first in an inevitable long sequence of hikes. But unless the conflict in the Middle East is resolved, neither does it seem likely to be the last increase," Governor Andrew Bailey said.
#increase #middle #first #energy
LONDON, Nov 5 (Reuters) - The Bank of England raised interest rates for the first time in over three years on Thursday and warned that at least one more increase was likely if the US-Iran conflict continues, as it started on a path that its main peers have already embarked on.
British inflation is likely to reach around 5% in the middle of next year, the BoE said, more than double the central bank's target and a blow for new Prime Minister Andy Burnham who has sought to ease cost of living pressures.
While there was little evidence so far of faster inflation outside sectors directly affected by higher energy costs, the BoE said the amount of inflation pressure coming down the road from months of high energy prices required a rate rise now.
"Today's increase shouldn't be seen as the first in an inevitable long sequence of hikes. But unless the conflict in the Middle East is resolved, neither does it seem likely to be the last increase," Governor Andrew Bailey said.
#increase #middle #first #energy
5 days ago
Democrats secured control of the Senate on Tuesday, a seismic shift that effectively blocks President Trump's campaign to reshape the Federal Reserve and neutralizes what many ******* ysts viewed as a threat to the central bank's independence.
It also heightens the challenge for Trump should he maneuver to replace any sitting officials.
"Democrats' control of the Senate reclaims the party's ability to approve or deny the President's nominees for judges and heads of other executive branch agencies," Jonathan Pingle, an economist for UBS, wrote in a note. "That includes the need for Democrats to approve any new members of the Board of Governors of the Federal Reserve System should one of the existing governors step aside."
That political firewall directly impacts the administration's ongoing effort to remove Fed governor Lisa Cook. Trump fired Cook in August 2025, claiming she committed mortgage fraud by making misrepresentations on loan documents years before her appointment to the central bank. Cook, a Biden appointee, has denied any wrongdoing and sued. The lawsuit has gone through multiple court rungs before reaching the Supreme Court earlier this year.
Last month, Trump established a committee to determine whether her statements constituted legal "cause" for removal from the central bank, signaling that his efforts to oust her are continuing.
#reserve
It also heightens the challenge for Trump should he maneuver to replace any sitting officials.
"Democrats' control of the Senate reclaims the party's ability to approve or deny the President's nominees for judges and heads of other executive branch agencies," Jonathan Pingle, an economist for UBS, wrote in a note. "That includes the need for Democrats to approve any new members of the Board of Governors of the Federal Reserve System should one of the existing governors step aside."
That political firewall directly impacts the administration's ongoing effort to remove Fed governor Lisa Cook. Trump fired Cook in August 2025, claiming she committed mortgage fraud by making misrepresentations on loan documents years before her appointment to the central bank. Cook, a Biden appointee, has denied any wrongdoing and sued. The lawsuit has gone through multiple court rungs before reaching the Supreme Court earlier this year.
Last month, Trump established a committee to determine whether her statements constituted legal "cause" for removal from the central bank, signaling that his efforts to oust her are continuing.
#reserve
5 days ago
A strong showing by Democrats in Texas swept Gina Hinojosa into office as the state's first Democratic governor since 1990 in a contest closely watched by Big Tech companies.
Texas is considered a bellwether for government restrictions on AI data centers and was just one place where deep voter unease over the build-out was on display. Voters across the country passed a series of local ballot measures aimed at restricting construction in the years ahead.
Hinojosa, Texas's first Latina governor, has pledged to impose a moratorium on data center construction in Texas, which accounts for more than 25% of planned US capacity by 2030.
"I want to say something to the powerful people who have gotten very comfortable running this state," she told supporters in her victory speech. "The voters have delivered a mandate for change, and it is change they will get."
Her victory was one of a series of wins for Democrats in Texas. The party is also on track to take control of the Texas House, which would give Hinojosa more power to follow through on restrictions even as the state Senate appears set to remain under Republican control.
#texas #series #construction
Texas is considered a bellwether for government restrictions on AI data centers and was just one place where deep voter unease over the build-out was on display. Voters across the country passed a series of local ballot measures aimed at restricting construction in the years ahead.
Hinojosa, Texas's first Latina governor, has pledged to impose a moratorium on data center construction in Texas, which accounts for more than 25% of planned US capacity by 2030.
"I want to say something to the powerful people who have gotten very comfortable running this state," she told supporters in her victory speech. "The voters have delivered a mandate for change, and it is change they will get."
Her victory was one of a series of wins for Democrats in Texas. The party is also on track to take control of the Texas House, which would give Hinojosa more power to follow through on restrictions even as the state Senate appears set to remain under Republican control.
#texas #series #construction
6 days ago
Tesla (TSLA) and **** eX (SPCX) stock fell on Wednesday after Democrats took control of both houses of Congress in a "Blue Wave" that flipped Texas, home to both companies, with potential implications for CEO Elon Musk.
Musk spent $224 million backing Texas Republicans, including $158 million in September alone, per The New York Times, part of at least $446 million he gave to Republican candidates and groups before the vote. Democrat Gina Hinojosa unseated Gov. Greg Abbott to become the first Democratic governor of Texas since 1990, and Democrat James Talarico beat Republican Ken Paxton for the Senate seat.
Tesla and **** eX both dropped by over 2% despite the broad market rally, which includes Big Tech.
"Both of these stocks have major headline risk if we get a blue sweep," Vikram Rai of FirstNew York told Bloomberg ahead of the election.
#tesla #democrat
Musk spent $224 million backing Texas Republicans, including $158 million in September alone, per The New York Times, part of at least $446 million he gave to Republican candidates and groups before the vote. Democrat Gina Hinojosa unseated Gov. Greg Abbott to become the first Democratic governor of Texas since 1990, and Democrat James Talarico beat Republican Ken Paxton for the Senate seat.
Tesla and **** eX both dropped by over 2% despite the broad market rally, which includes Big Tech.
"Both of these stocks have major headline risk if we get a blue sweep," Vikram Rai of FirstNew York told Bloomberg ahead of the election.
#tesla #democrat
6 days ago
President Donald Trump spent two months urging Americans to pretend he was on the ballot. On Tuesday, they did just that.
Voters delivered a stunning rebuke to Trump's party that rivaled anything Republicans had suffered in 50 years, defeats on ruby-red turf that Trump won handily just two years ago, where he has dominated politics for nearly a decade and against candidates he had in some cases handpicked.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Not only did Democrats flip Senate and governor seats in red states, but at times by eye-popping margins.
"The message is very clear and very simple here. It was a complete repudiation of the party as defined by Donald Trump," said Mike Murphy, a Los Angeles-based Republican consultant who worked for candidates in the pre-Trump GOP, including Jeb Bush and John McCain.
#donald
Voters delivered a stunning rebuke to Trump's party that rivaled anything Republicans had suffered in 50 years, defeats on ruby-red turf that Trump won handily just two years ago, where he has dominated politics for nearly a decade and against candidates he had in some cases handpicked.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Not only did Democrats flip Senate and governor seats in red states, but at times by eye-popping margins.
"The message is very clear and very simple here. It was a complete repudiation of the party as defined by Donald Trump," said Mike Murphy, a Los Angeles-based Republican consultant who worked for candidates in the pre-Trump GOP, including Jeb Bush and John McCain.
#donald
6 days ago
The results of the 2026 midterm elections have delivered a series of historic wins, with candidates across the country breaking barriers — and glass ceilings — at the ballot box. The results come amid a sweeping Democratic victory in a battle for control of Congress, with both chambers shifting from Republican to Democratic majorities starting in January.
Among the headline-making victories are the nation's first Black woman governor, the first Native American woman governor, the first Muslim U.S. senator and the first openly gay man elected to the Senate.
Here's a closer look at the historic wins of the 2026 midterms.
Abdul El-Sayed
Democrat Abdul El-Sayed makes remarks in Detroit, Mich., on Nov. 4.
#democratic #wins
Among the headline-making victories are the nation's first Black woman governor, the first Native American woman governor, the first Muslim U.S. senator and the first openly gay man elected to the Senate.
Here's a closer look at the historic wins of the 2026 midterms.
Abdul El-Sayed
Democrat Abdul El-Sayed makes remarks in Detroit, Mich., on Nov. 4.
#democratic #wins
6 days ago
The candidate pool is large, but one centrist Democratic governor could give Republicans the most trouble.
#democratic #candidate
#democratic #candidate
6 days ago
It was a blue wave big enough to become a blue tsunami.
On Tuesday, the Democratic Party shattered a series of decades-long Republican winning streaks, notched several historic firsts and flipped both the U.S. Senate and House of Representatives as Americans in states and districts that voted to reelect President Trump just two years ago delivered a harsh judgment on the steep tariffs, rising gas prices, aggressive immigration raids and unresolved war in Iran that have so far dominated his second term.
"We didn't win this race by alienating our neighbors or shaming our neighbors or ridiculing our neighbors," Democrat James Talarico said after winning the Senate election in Texas. "We embodied a new kind of politics. A politics rooted in a deep love for our state, for our country and, most importantly, for all of our neighbors."
U.S. Sen.-elect James Talarico speaks during a midterm election night event at the Long Center for the Performing Arts on Nov. 3, 2026, in Austin, Texas.
Votes were still being tallied and key races remained uncalled as Election Day came to an end. But as of 1 a.m. ET on Wednesday, when the last polls closed in Alaska, Democrats were projected to gain more than three dozen seats in the House and as many as nine seats in the Senate — far beyond the three and four seats, respectively, that they needed to retake each chamber. They were also on track to win the majority of governorships for the first time since 2011.
#election
On Tuesday, the Democratic Party shattered a series of decades-long Republican winning streaks, notched several historic firsts and flipped both the U.S. Senate and House of Representatives as Americans in states and districts that voted to reelect President Trump just two years ago delivered a harsh judgment on the steep tariffs, rising gas prices, aggressive immigration raids and unresolved war in Iran that have so far dominated his second term.
"We didn't win this race by alienating our neighbors or shaming our neighbors or ridiculing our neighbors," Democrat James Talarico said after winning the Senate election in Texas. "We embodied a new kind of politics. A politics rooted in a deep love for our state, for our country and, most importantly, for all of our neighbors."
U.S. Sen.-elect James Talarico speaks during a midterm election night event at the Long Center for the Performing Arts on Nov. 3, 2026, in Austin, Texas.
Votes were still being tallied and key races remained uncalled as Election Day came to an end. But as of 1 a.m. ET on Wednesday, when the last polls closed in Alaska, Democrats were projected to gain more than three dozen seats in the House and as many as nine seats in the Senate — far beyond the three and four seats, respectively, that they needed to retake each chamber. They were also on track to win the majority of governorships for the first time since 2011.
#election
15 days ago
Michigan Gov. Gretchen Whitmer pushed back Sunday on comments made by former first lady Michelle Obama last year that U.S. voters aren't ready to elect a female president.
"Listen, I have got a lot of colleagues who I think are probably interested in running for president, and I've heard everyone say, 'You can't have this person or that person,'" the governor told NBC News' "Meet the Press."
"I would put my money on any Democratic governor in the country against [Vice President] JD Vance or [Secretary of State] Marco Rubio in 2028," she added, pointing to two Republicans widely expected to run for president in two years.
Asked directly whether a woman could be the best choice to beat a potential GOP presidential nominee in 2028, Whitmer simply said, "I do."
In 2025, Obama said in public remarks: "As we saw in this past election, sadly, we ain't ready. That's why I'm like, don't even look at me about running, because you all are lying. You're not ready for a woman. You are not."
#president
"Listen, I have got a lot of colleagues who I think are probably interested in running for president, and I've heard everyone say, 'You can't have this person or that person,'" the governor told NBC News' "Meet the Press."
"I would put my money on any Democratic governor in the country against [Vice President] JD Vance or [Secretary of State] Marco Rubio in 2028," she added, pointing to two Republicans widely expected to run for president in two years.
Asked directly whether a woman could be the best choice to beat a potential GOP presidential nominee in 2028, Whitmer simply said, "I do."
In 2025, Obama said in public remarks: "As we saw in this past election, sadly, we ain't ready. That's why I'm like, don't even look at me about running, because you all are lying. You're not ready for a woman. You are not."
#president
15 days ago
Michigan Gov. Gretchen Whitmer pushed back Sunday on comments made by former first lady Michelle Obama last year that U.S. voters aren’t ready to elect a female president.
“Listen, I have got a lot of colleagues who I think are probably interested in running for president, and I’ve heard everyone say, ‘You can’t have this person or that person,’” the governor told NBC News’ “Meet the Press.”
“I would put my money on any Democratic governor in the country against [Vice President] JD Vance or [Secretary of State] Marco Rubio in 2028,” she added, pointing to two Republicans widely expected to run for president in two years.
Asked directly whether a woman could be the best choice to beat a potential GOP presidential nominee in 2028, Whitmer simply said, “I do.”
In 2025, Obama said in public remarks: “As we saw in this past election, sadly, we ain’t ready. That’s why I’m like, don’t even look at me about running, because you all are lying. You’re not ready for a woman. You are not.”
#person
“Listen, I have got a lot of colleagues who I think are probably interested in running for president, and I’ve heard everyone say, ‘You can’t have this person or that person,’” the governor told NBC News’ “Meet the Press.”
“I would put my money on any Democratic governor in the country against [Vice President] JD Vance or [Secretary of State] Marco Rubio in 2028,” she added, pointing to two Republicans widely expected to run for president in two years.
Asked directly whether a woman could be the best choice to beat a potential GOP presidential nominee in 2028, Whitmer simply said, “I do.”
In 2025, Obama said in public remarks: “As we saw in this past election, sadly, we ain’t ready. That’s why I’m like, don’t even look at me about running, because you all are lying. You’re not ready for a woman. You are not.”
#person
22 days ago
New York governor Kathy Hochul will today (Monday) launch an 88-person exploratory committee to report on the feasibility and challenges of a formal bid to host the Winter Olympic Games, according to people with knowledge of the announcement who spoke anonymously as they were not authorized to do so publicly.
The potential bid would see New York City and Lake Placid partner to host the 2042 edition.
Earlier this year, Gov. Hochul told The Athletic that "significant" meetings had taken place as she seeks to return the Winter Olympics to New York state for the first time since 1980, which is best remembered for the Miracle on Ice when the U.S. hockey team defeated the Soviet Union. Gov. Hochul, while announcing the committee today, will also announce a $2.5 million funding commitment to create a monument in Lake Placid in honor of the Miracle on Ice team.
The Lake Placid-New York City Olympic & Paralympic Winter Games Exploratory Committee will have an eight-strong leadership group, which will include Ashley Walden, the president and CEO of the Olympic Regional Development Authority, as well as representation from the offices of Senators Chuck Schumer and Kirsten Gillibrand (both Democrats), sources said. It will also include Julie Su, appointed deputy mayor for economic justice of New York City by mayor Zohran Mamdani, as well as Hope Knight, the president of Empire State Development, the New York state economic development arm.
There is a 16-member sub-committee on finance, which includes John Collins, co-owner and operating partner of the New York Islanders, and Josh Cohen, the son of New York Mets owner Steve Cohen, who works as the team's vice president of business development. Randy Levine, the owner of the New York Yankees, is one of 12 members of a legal sub-committee, which also includes Robert Landau, the executive vice-president of NBC Universal, the long-time broadcaster of the Olympics in the United States.
#city
The potential bid would see New York City and Lake Placid partner to host the 2042 edition.
Earlier this year, Gov. Hochul told The Athletic that "significant" meetings had taken place as she seeks to return the Winter Olympics to New York state for the first time since 1980, which is best remembered for the Miracle on Ice when the U.S. hockey team defeated the Soviet Union. Gov. Hochul, while announcing the committee today, will also announce a $2.5 million funding commitment to create a monument in Lake Placid in honor of the Miracle on Ice team.
The Lake Placid-New York City Olympic & Paralympic Winter Games Exploratory Committee will have an eight-strong leadership group, which will include Ashley Walden, the president and CEO of the Olympic Regional Development Authority, as well as representation from the offices of Senators Chuck Schumer and Kirsten Gillibrand (both Democrats), sources said. It will also include Julie Su, appointed deputy mayor for economic justice of New York City by mayor Zohran Mamdani, as well as Hope Knight, the president of Empire State Development, the New York state economic development arm.
There is a 16-member sub-committee on finance, which includes John Collins, co-owner and operating partner of the New York Islanders, and Josh Cohen, the son of New York Mets owner Steve Cohen, who works as the team's vice president of business development. Randy Levine, the owner of the New York Yankees, is one of 12 members of a legal sub-committee, which also includes Robert Landau, the executive vice-president of NBC Universal, the long-time broadcaster of the Olympics in the United States.
#city
1 month ago
Ukraine on Thursday accused Russia of deliberately targeting civilians after 30 people were killed when two buses were blown up in the frontline city of Kramatorsk, in one of the deadliest single attacks for weeks.
Photos posted by local authorities showed the burnt-out metal shell of the vehicles, with the blurred-out images of bodies and debris strewn across the road.
Police said the buses were hit with a glide bomb.
The strikes come just a day after five children were among 22 killed when a Russian missile struck a five-storey apartment block in Pryluky, in the northern Chernigiv region.
"The Russians are deliberately targeting civilians," Donetsk Governor Vadym Filashkin said, accusing Moscow of flouting "every conceivable rule of warfare and norm of international humanitarian law".
#targeting #civilians #Russia
Photos posted by local authorities showed the burnt-out metal shell of the vehicles, with the blurred-out images of bodies and debris strewn across the road.
Police said the buses were hit with a glide bomb.
The strikes come just a day after five children were among 22 killed when a Russian missile struck a five-storey apartment block in Pryluky, in the northern Chernigiv region.
"The Russians are deliberately targeting civilians," Donetsk Governor Vadym Filashkin said, accusing Moscow of flouting "every conceivable rule of warfare and norm of international humanitarian law".
#targeting #civilians #Russia
1 month ago
Hurricane Isaias, the first hurricane of the Atlantic season, is expected to strengthen when it approaches the northern Gulf Coast on Friday, prompting mandatory evacuations, school closures in parts of Florida and the threat of a life-threatening storm surge, according to the National Hurricane Center.
Isaias is forecast to make landfall within the warning area late Friday or early Saturday, according to the National Weather Service, which warned of damaging hurricane-force winds. The National Hurricane Center (NHC) said Isaias was expected to remain a strong hurricane throughout this period.
It is unclear exactly where Isaias might make landfall. Current models show the center of the storm coming onshore anywhere from eastern Mississippi to the western tip of the Florida Panhandle.
The NWS said residents in portions of the Florida Panhandle, southern Alabama, some parts of Mississippi, including the south, should "prepare for the possibility of long-duration power outages."
The governors of Florida and Alabama declared states of emergency for dozens of counties. Okaloosa County in Florida announced mandatory evacuations for some coastal areas. "Residents should take this storm seriously and evacuate," the county government said in a news release.
#national #center #panhandle
Isaias is forecast to make landfall within the warning area late Friday or early Saturday, according to the National Weather Service, which warned of damaging hurricane-force winds. The National Hurricane Center (NHC) said Isaias was expected to remain a strong hurricane throughout this period.
It is unclear exactly where Isaias might make landfall. Current models show the center of the storm coming onshore anywhere from eastern Mississippi to the western tip of the Florida Panhandle.
The NWS said residents in portions of the Florida Panhandle, southern Alabama, some parts of Mississippi, including the south, should "prepare for the possibility of long-duration power outages."
The governors of Florida and Alabama declared states of emergency for dozens of counties. Okaloosa County in Florida announced mandatory evacuations for some coastal areas. "Residents should take this storm seriously and evacuate," the county government said in a news release.
#national #center #panhandle
1 month ago
Debra Messing is facing intense backlash over her decision to support Republican Bruce Blakeman in New York's gubernatorial race.
Messing, who has previously supported Democratic candidates including Joe Biden and Hillary Clinton, shared an Instagram statement Tuesday evening laying out her reasons for endorsing the Donald Trump-backed candidate.
"For years, my focus has been protecting choice and voting rights, passing the ERA, protecting the rights of the gay community, and keeping out children's schools safe from gun violence. I still stand by every one of those principles. That hasn't changed," Messing wrote. "What has changed is how I feel about the city and state I love dearly."
The Will & Grace star said that after voting for Governor Kathy Hochul four years ago, she had reflected on that decision ahead of the November election. "So I asked myself the question I'd encourage everyone to ask. Not: 'Which party am I supposed to vote for?' But: 'Who do I believe will actually make life better for the people I love and the place I live?'"
For Messing, that person is Blakeman. "I don't agree with him on everything, and I don't expect to," she wrote. "No candidate is perfect. But on the issues that are hurting New Yorkers right now, I believe he's the right choice. Yes, he's been endorsed by the President. That's not what my vote is about."
#voting #rights #changed
Messing, who has previously supported Democratic candidates including Joe Biden and Hillary Clinton, shared an Instagram statement Tuesday evening laying out her reasons for endorsing the Donald Trump-backed candidate.
"For years, my focus has been protecting choice and voting rights, passing the ERA, protecting the rights of the gay community, and keeping out children's schools safe from gun violence. I still stand by every one of those principles. That hasn't changed," Messing wrote. "What has changed is how I feel about the city and state I love dearly."
The Will & Grace star said that after voting for Governor Kathy Hochul four years ago, she had reflected on that decision ahead of the November election. "So I asked myself the question I'd encourage everyone to ask. Not: 'Which party am I supposed to vote for?' But: 'Who do I believe will actually make life better for the people I love and the place I live?'"
For Messing, that person is Blakeman. "I don't agree with him on everything, and I don't expect to," she wrote. "No candidate is perfect. But on the issues that are hurting New Yorkers right now, I believe he's the right choice. Yes, he's been endorsed by the President. That's not what my vote is about."
#voting #rights #changed
1 month ago
By Olena Harmash and Vladyslav Smilianets
KYIV, Oct 7 (Reuters) - Russia pounded Ukraine with waves of missiles and drones on Wednesday, killing at least 15 people and hitting residential buildings, industrial facilities and infrastructure, Ukrainian officials said.
One Russian missile slammed into an apartment block in the northern city of Pryluky, killing at least nine people including three children, regional governor Vyacheslav Chaus said.
Dozens of rescuers picked through the rubble at the site where several sections of the five-story building collapsed, Reuters video showed.
Emergency workers used ladders to get to the upper floors of what remained of the building. Around 40 people were wounded, the governor said.
#people #reuters #least #olena
KYIV, Oct 7 (Reuters) - Russia pounded Ukraine with waves of missiles and drones on Wednesday, killing at least 15 people and hitting residential buildings, industrial facilities and infrastructure, Ukrainian officials said.
One Russian missile slammed into an apartment block in the northern city of Pryluky, killing at least nine people including three children, regional governor Vyacheslav Chaus said.
Dozens of rescuers picked through the rubble at the site where several sections of the five-story building collapsed, Reuters video showed.
Emergency workers used ladders to get to the upper floors of what remained of the building. Around 40 people were wounded, the governor said.
#people #reuters #least #olena
1 month ago
A key gauge of where the market thinks rates are headed is the CME FedWatch survey, which polls interest rate traders. In the days leading up to the September Federal Open Market Committee (FOMC) meeting, almost 60% of those polled expected a 25-basis-point rate hike, which the FOMC delivered on Sept. 16.
While most, 78%, expect rates to stay the same at the Oct. 28 Fed meeting, an overwhelming majority of traders anticipate a rate hike when the FOMC meets on Dec. 9. Specifically, 67% expect a 25-basis-point increase, and 17% say rates will be 50 basis points higher by then.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
They may be taking cues from FOMC members themselves, like Fed Governor Michael Barr. In a speech on Sept. 29 in Detroit, Barr said eight words that gave a decent clue as to what he is thinking about rates.
"Further policy adjustments are likely to be needed," Barr said in Detroit last week, "to ensure inflation comes down to target in a timely fashion."
#missed
While most, 78%, expect rates to stay the same at the Oct. 28 Fed meeting, an overwhelming majority of traders anticipate a rate hike when the FOMC meets on Dec. 9. Specifically, 67% expect a 25-basis-point increase, and 17% say rates will be 50 basis points higher by then.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
They may be taking cues from FOMC members themselves, like Fed Governor Michael Barr. In a speech on Sept. 29 in Detroit, Barr said eight words that gave a decent clue as to what he is thinking about rates.
"Further policy adjustments are likely to be needed," Barr said in Detroit last week, "to ensure inflation comes down to target in a timely fashion."
#missed
1 month ago
Arnold Schwarzenegger is teaming up with James Patterson.
The actor and former governor of California co-wrote an upcoming book ******* led The Protector with Patterson, one of the world's most widely read authors. This marks Schwarzenegger's debut as a novelist. It will be published by Little, Brown and Company on Oct. 4, 2027.
The new novel is set in modern-day Los Angeles. It follows a Catholic priest named Father Viktor Brennan, a military veteran who is new to a small parish plagued by violence.
"Father Brennan confronts the criminals threatening the community he's vowed to protect, even as his courageous actions endanger his life, and reveal clues to his mysterious past," according to an official description.
The character of Father Viktor Brennan takes inspiration from both Schwarzenegger and Patterson's Catholic backgrounds.
#father #brennan #james
The actor and former governor of California co-wrote an upcoming book ******* led The Protector with Patterson, one of the world's most widely read authors. This marks Schwarzenegger's debut as a novelist. It will be published by Little, Brown and Company on Oct. 4, 2027.
The new novel is set in modern-day Los Angeles. It follows a Catholic priest named Father Viktor Brennan, a military veteran who is new to a small parish plagued by violence.
"Father Brennan confronts the criminals threatening the community he's vowed to protect, even as his courageous actions endanger his life, and reveal clues to his mysterious past," according to an official description.
The character of Father Viktor Brennan takes inspiration from both Schwarzenegger and Patterson's Catholic backgrounds.
#father #brennan #james
1 month ago
Nidal Malik Hasan, a former Army major who killed 13 people in a 2009 mass shooting at Fort Hood, Texas, will be executed by firing squad, the Pentagon announced Monday.
"Secretary of War Pete Hegseth has recommended — and President Donald J. Trump has approved — death by U.S. Army firing squad for convicted terrorist Nidal Malik Hasan, the jihadist who opened fire on unarmed American soldiers at Fort Hood in 2009," chief Pentagon spokesman Sean Parnell wrote on X.
He added, "The Secretary of the Army will set the time and place of the execution. Judgement day for Hasan has finally come."
The U.S. military has not carried out an execution since 1961 and has not used a firing squad to execute a service member since World War II.
The announcement of Trump's approval came days after a failed attempt to execute Christa Pike by lethal injection. The failed execution prompted Tennessee's governor to halt further executions this year and order a third-party review.
#firing #squad #nidal #fort
"Secretary of War Pete Hegseth has recommended — and President Donald J. Trump has approved — death by U.S. Army firing squad for convicted terrorist Nidal Malik Hasan, the jihadist who opened fire on unarmed American soldiers at Fort Hood in 2009," chief Pentagon spokesman Sean Parnell wrote on X.
He added, "The Secretary of the Army will set the time and place of the execution. Judgement day for Hasan has finally come."
The U.S. military has not carried out an execution since 1961 and has not used a firing squad to execute a service member since World War II.
The announcement of Trump's approval came days after a failed attempt to execute Christa Pike by lethal injection. The failed execution prompted Tennessee's governor to halt further executions this year and order a third-party review.
#firing #squad #nidal #fort
1 month ago
Updated on: October 5, 2026 / 7:40 PM EDT / CBS News
Christa Pike, the death row inmate who last week survived Tennessee's attempt to execute her, remained hospitalized on a ventilator Monday, according to her attorney.
He said it was still unclear whether Pike would regain consciousness but urged the state to "take death off the table" by commuting her sentence, renewing an earlier request that the governor denied before her botched lethal injection.
"The least that could happen now is that we at least take death off the table and start looking for what the future could be for her," attorney Steve Ferrell, of the Federal Defender Services of Eastern Tennessee, told "CBS Mornings."
Ferrell added that he and the rest of Pike's legal team were "certainly willing to discuss that with the governor, with whoever could make that decision."
#pike #take #table #updated
Christa Pike, the death row inmate who last week survived Tennessee's attempt to execute her, remained hospitalized on a ventilator Monday, according to her attorney.
He said it was still unclear whether Pike would regain consciousness but urged the state to "take death off the table" by commuting her sentence, renewing an earlier request that the governor denied before her botched lethal injection.
"The least that could happen now is that we at least take death off the table and start looking for what the future could be for her," attorney Steve Ferrell, of the Federal Defender Services of Eastern Tennessee, told "CBS Mornings."
Ferrell added that he and the rest of Pike's legal team were "certainly willing to discuss that with the governor, with whoever could make that decision."
#pike #take #table #updated
1 month ago
VANDALIA, Ohio — President Donald Trump rallied Saturday for Republicans in Ohio’s competitive races for Senate and governor, predicting that the party will defy expectations in a choppy midterm election climate.
“I think we’re going to have a big surprise, because they don’t know what’s happening,” Trump said while speaking onstage inside a high school gymnasium near Dayton.
“Just get out and vote,” Trump added. “If you do that, we’re going to win, and we’re going to win big. And we’re going to shove it up their ***** .”
The visit, part of what White House officials have told NBC News will be a push through at least 17 states between now and Nov. 3, was aimed at boosting Sen. Jon Husted and GOP gubernatorial nominee Vivek Ramaswamy.
Trump, who won Ohio three times by comfortable margins, opened his speech with praise for both before moving into broader remarks to promote himself and his administration. He also offered support for local Rep. Mike Turner and for several House candidates in attendance, including Derek Merrin, the Republican running against longtime Democratic Rep. Marcy Kaptur in northwest Ohio.
#Trump #saturday #republicans #senate
“I think we’re going to have a big surprise, because they don’t know what’s happening,” Trump said while speaking onstage inside a high school gymnasium near Dayton.
“Just get out and vote,” Trump added. “If you do that, we’re going to win, and we’re going to win big. And we’re going to shove it up their ***** .”
The visit, part of what White House officials have told NBC News will be a push through at least 17 states between now and Nov. 3, was aimed at boosting Sen. Jon Husted and GOP gubernatorial nominee Vivek Ramaswamy.
Trump, who won Ohio three times by comfortable margins, opened his speech with praise for both before moving into broader remarks to promote himself and his administration. He also offered support for local Rep. Mike Turner and for several House candidates in attendance, including Derek Merrin, the Republican running against longtime Democratic Rep. Marcy Kaptur in northwest Ohio.
#Trump #saturday #republicans #senate
1 month ago
JOINT BASE ANDREWS, Md. — Vice President JD Vance acknowledged Thursday that Republicans face an “uphill climb” in next month’s midterm elections — and that the results may be a data point he reviews as he decides whether to run for president in 2028.
“Historically there’s always a bit of an uphill climb, and I think you definitely sense that,” Vance said in an interview with NBC News. “I also think you can sense a sense of cautious optimism, in the sense that, you know, people feel like the numbers are sort of moving, maybe in our direction.”
He added: “Politically, there’s just a recognition that it’s always going to be hard to win a midterm when you have the White House, the Senate and the House.”
Vance spoke aboard Air Force Two shortly after it landed on a return trip from Lakeland, Florida, where he campaigned for Sen. Ashley Moody and Rep. Byron Donalds, the Republican nominee for governor. It was his latest headlining gig at a rally meant to boost support for the party’s candidates in what is expected to be a challenging year for the GOP.
Aside from the historical trends Vance mentioned, polls have shown President Donald Trump and the war in Iran highly unpopular among voters. A related rise in gas prices has added to a cascade of affordability concerns. And Americans are growing more skeptical of artificial intelligence and the large, power-hungry data centers being built to accommodate the technology. All of those issues could factor into voters’ choices in this fall’s key races for the House, the Senate and governor.
#vance #House #president
“Historically there’s always a bit of an uphill climb, and I think you definitely sense that,” Vance said in an interview with NBC News. “I also think you can sense a sense of cautious optimism, in the sense that, you know, people feel like the numbers are sort of moving, maybe in our direction.”
He added: “Politically, there’s just a recognition that it’s always going to be hard to win a midterm when you have the White House, the Senate and the House.”
Vance spoke aboard Air Force Two shortly after it landed on a return trip from Lakeland, Florida, where he campaigned for Sen. Ashley Moody and Rep. Byron Donalds, the Republican nominee for governor. It was his latest headlining gig at a rally meant to boost support for the party’s candidates in what is expected to be a challenging year for the GOP.
Aside from the historical trends Vance mentioned, polls have shown President Donald Trump and the war in Iran highly unpopular among voters. A related rise in gas prices has added to a cascade of affordability concerns. And Americans are growing more skeptical of artificial intelligence and the large, power-hungry data centers being built to accommodate the technology. All of those issues could factor into voters’ choices in this fall’s key races for the House, the Senate and governor.
#vance #House #president
1 month ago
Nicki Minaj has taken aim at the Democratic Party by alleging that the political party has become infatuated with "pop culture."
On Saturday morning (September 26), Fox News shared a teaser clip of the Pink Friday 2 rapper's sit-down interview with Lara Trump, the wife of President Donald Trump's third child, Eric Trump.
In the last year, Minaj has pivoted from music to politics by exhibiting a full show of support for Donald Trump, largely in opposition of Gavin Newsom. Minaj has alleged that the California governor turned a blind eye to her Los Angeles home being swatted multiple times.
"I think the Democrats have gotten way too caught up in pop culture, for lack of a better term," Minaj said in the clip below.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#minaj #shop
On Saturday morning (September 26), Fox News shared a teaser clip of the Pink Friday 2 rapper's sit-down interview with Lara Trump, the wife of President Donald Trump's third child, Eric Trump.
In the last year, Minaj has pivoted from music to politics by exhibiting a full show of support for Donald Trump, largely in opposition of Gavin Newsom. Minaj has alleged that the California governor turned a blind eye to her Los Angeles home being swatted multiple times.
"I think the Democrats have gotten way too caught up in pop culture, for lack of a better term," Minaj said in the clip below.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#minaj #shop
1 month ago
Election Day is still a month away, but more than 700,000 Americans have already voted across at least 30 states. There are signs emerging of the advantage Democrats have in motivating their voters – a trend that’s played out in polling all summer long.
In several states with key Senate or governor races this fall, Democrats make up a larger share of voters requesting ballots so far than they did at this point in 2024.
What early voting data is showing ahead of the 2026 midterms
In Iowa, Democrats have made 67% of ballot requests, up from 54% at this point in 2024. In Pennsylvania, it’s 66%, up from 62%, and in Maine it’s 57%, up from 53%. And according to data from the North Carolina State Board of Elections, 42% of ballot requests are from Democrats, up from 36% at this point two years ago.
It’s worth noting that in all of those states except for Iowa, ballot requests at this point in 2022 were more Democratic than they are now.
#point #states #iowa #election
In several states with key Senate or governor races this fall, Democrats make up a larger share of voters requesting ballots so far than they did at this point in 2024.
What early voting data is showing ahead of the 2026 midterms
In Iowa, Democrats have made 67% of ballot requests, up from 54% at this point in 2024. In Pennsylvania, it’s 66%, up from 62%, and in Maine it’s 57%, up from 53%. And according to data from the North Carolina State Board of Elections, 42% of ballot requests are from Democrats, up from 36% at this point two years ago.
It’s worth noting that in all of those states except for Iowa, ballot requests at this point in 2022 were more Democratic than they are now.
#point #states #iowa #election
1 month ago
California has officially banned child marriage, with Governor Gavin Newsom signing legislation to end the practice that is still legal in 32 US states.
The new law, which will come into effect on 1 January, states people must be 18 to get married in the Golden State.
Newsom called it a "long overdue measure to protect young Californians and minors". He signed the bill into law with Courtney Stodden, whose parents allowed her to marry a 50-year-old Hollywood actor when she was just 16.
Stodden, who has been advocating to end the practice, called the change a "victory" and said survivors of child marriage should "never have been expected to carry this burden".
Stodden said she would "keep fighting until children are protected from marriage in all 50 states".
#stodden #marriage
The new law, which will come into effect on 1 January, states people must be 18 to get married in the Golden State.
Newsom called it a "long overdue measure to protect young Californians and minors". He signed the bill into law with Courtney Stodden, whose parents allowed her to marry a 50-year-old Hollywood actor when she was just 16.
Stodden, who has been advocating to end the practice, called the change a "victory" and said survivors of child marriage should "never have been expected to carry this burden".
Stodden said she would "keep fighting until children are protected from marriage in all 50 states".
#stodden #marriage
1 month ago
NASHVILLE, Tenn. (AP) — The Tennessee governor ordered an outside investigation and halted executions late Wednesday, hours after an inmate survived a lethal injection attempt.
Tennessee officials were unable to put Christa Gail Pike to death for a 1995 murder after administering two doses of a lethal drug. A death penalty expert said it was an unprecedented failure.
Gov. Bill Lee said in a statement that he has ordered "a comprehensive, third-party review to determine exactly what occurred" and that scheduled executions will not be carried out this year.
"Carrying out a lawfully imposed sentence is among the State's most serious responsibilities, and the people of Tennessee expect it to be done in a manner that is not only legal and constitutional, but is effective," he said.
Tennessee only has one other execution scheduled this year.
#tennessee #death #year
Tennessee officials were unable to put Christa Gail Pike to death for a 1995 murder after administering two doses of a lethal drug. A death penalty expert said it was an unprecedented failure.
Gov. Bill Lee said in a statement that he has ordered "a comprehensive, third-party review to determine exactly what occurred" and that scheduled executions will not be carried out this year.
"Carrying out a lawfully imposed sentence is among the State's most serious responsibilities, and the people of Tennessee expect it to be done in a manner that is not only legal and constitutional, but is effective," he said.
Tennessee only has one other execution scheduled this year.
#tennessee #death #year
1 month ago
The Council on American-Islamic Relations (CAIR), antifa and the Muslim Brotherhood will be labeled domestic terrorist organizations under a new state law, after Florida leaders OK'd the designations at their Sept. 29 meeting.
These designations were in a 427-page packet submitted by the Florida Department of Law Enforcement for approval by Gov. Ron DeSantis and Florida Cabinet members: Attorney General James Uthmeier, Agriculture Commissioner Wilton Simpson and state Chief Financial Officer Blaise Ingoglia.
The packet also named numerous other groups labeled by the federal government as foreign terrorist organizations.
Although the Governor and Florida Cabinet approved these notices without any discussion, these designations don't come as a surprise. Weeks earlier, the governor and Cabinet approved an emergency rule setting procedures under a new state law (HB 1471) allowing them to designate terror groups.
Additionally, the day this law took effect, DeSantis announced his intentions to declare CAIR, the country's largest Muslim advocacy group, and antifa as domestic terror groups.
#Florida #muslim #governor
These designations were in a 427-page packet submitted by the Florida Department of Law Enforcement for approval by Gov. Ron DeSantis and Florida Cabinet members: Attorney General James Uthmeier, Agriculture Commissioner Wilton Simpson and state Chief Financial Officer Blaise Ingoglia.
The packet also named numerous other groups labeled by the federal government as foreign terrorist organizations.
Although the Governor and Florida Cabinet approved these notices without any discussion, these designations don't come as a surprise. Weeks earlier, the governor and Cabinet approved an emergency rule setting procedures under a new state law (HB 1471) allowing them to designate terror groups.
Additionally, the day this law took effect, DeSantis announced his intentions to declare CAIR, the country's largest Muslim advocacy group, and antifa as domestic terror groups.
#Florida #muslim #governor
1 month ago
SIOUX FALLS, S.D. (KELO) – Kristi Noem, the former governor of South Dakota and former secretary of the Department of Homeland Security, has filed for divorce from her husband, Bryon Noem, according to court records.
Kristi Noem filed for divorce in Hamlin County, South Dakota, on April 6, but the documents were not posted to the online court service until Monday. The basis for the divorce is irreconcilable differences, documents show.
The couple has been married since May 23, 1992, according to the documents. Speculation about the Noem marriage has swirled around the couple for several months.
When contacted by Nexstar’s KELO on Tuesday, Bryon Noem said, “I can’t comment right now.”
Attempts to reach Kristi Noem, who now serves as the Special Envoy for The Shield of the Americas, were unsuccessful.
#noem #kelo
Kristi Noem filed for divorce in Hamlin County, South Dakota, on April 6, but the documents were not posted to the online court service until Monday. The basis for the divorce is irreconcilable differences, documents show.
The couple has been married since May 23, 1992, according to the documents. Speculation about the Noem marriage has swirled around the couple for several months.
When contacted by Nexstar’s KELO on Tuesday, Bryon Noem said, “I can’t comment right now.”
Attempts to reach Kristi Noem, who now serves as the Special Envoy for The Shield of the Americas, were unsuccessful.
#noem #kelo
2 months ago
On September 14, NextEra Energy, Inc. (NYSE:NEE) and Dominion Energy, Inc. (NYSE:D) announced a "transformational" Virginia benefits package to address concerns regarding their proposed $66.8 billion merger. The Virginia supplier program, worth up to $1 billion annually for five years, will direct spending toward contractors, suppliers, and service providers in the state.
Additionally, the companies also proposed doubling residential bill credits to four years, protecting retail customers from grid costs tied to Northern Virginia's rapidly expanding AI data centers, and committing $100 million toward directly supporting workforce development in the Commonwealth. NextEra also stated that it plans to add 600 new energy jobs in Virginia, while expecting suppliers to create another 400 positions.
The updated package comes after the proposed merger attracted a great deal of political scrutiny due to the impact it can have on everyday consumers. Virginia Governor Abigail Spanberger also stated last month that she would formally intervene in the regulatory review to press for commitments on electric bill affordability, job protections, and clean-energy investments.
John Ketchum, Chairman, President, and CEO of NextEra Energy, commented:
"This is a Virginia-first package, and it starts with customers. We are proposing to double residential bill relief from two years to four years, along with expanded low-income financial ******* istance and long-term affordability benefits. We are also reaffirming our support for the State Corporation Commission, Governor and General ******* embly's efforts to protect residential and small business customers from costs ******* ociated with serving data centers. Just as important, this package would help Virginia build more of the clean energy and infrastructure it needs faster, so the Commonwealth can reduce its reliance on expensive imported power. And it would do that while positioning Virginia as a major energy leader, bringing NextEra Energy jobs, good-paying supplier jobs, workforce investment, economic development and national-scale energy technology and innovation to Virginia. This is the kind of customer-focused, job-creating package this combination makes possible."
#energy #years #Jobs
Additionally, the companies also proposed doubling residential bill credits to four years, protecting retail customers from grid costs tied to Northern Virginia's rapidly expanding AI data centers, and committing $100 million toward directly supporting workforce development in the Commonwealth. NextEra also stated that it plans to add 600 new energy jobs in Virginia, while expecting suppliers to create another 400 positions.
The updated package comes after the proposed merger attracted a great deal of political scrutiny due to the impact it can have on everyday consumers. Virginia Governor Abigail Spanberger also stated last month that she would formally intervene in the regulatory review to press for commitments on electric bill affordability, job protections, and clean-energy investments.
John Ketchum, Chairman, President, and CEO of NextEra Energy, commented:
"This is a Virginia-first package, and it starts with customers. We are proposing to double residential bill relief from two years to four years, along with expanded low-income financial ******* istance and long-term affordability benefits. We are also reaffirming our support for the State Corporation Commission, Governor and General ******* embly's efforts to protect residential and small business customers from costs ******* ociated with serving data centers. Just as important, this package would help Virginia build more of the clean energy and infrastructure it needs faster, so the Commonwealth can reduce its reliance on expensive imported power. And it would do that while positioning Virginia as a major energy leader, bringing NextEra Energy jobs, good-paying supplier jobs, workforce investment, economic development and national-scale energy technology and innovation to Virginia. This is the kind of customer-focused, job-creating package this combination makes possible."
#energy #years #Jobs
2 months ago
The Illinois governor called for federal regulation of AI.
With calls to regulate AI growing, Illinois Gov. JB Pritzker urged Congress to pass federal guardrails on the technology.
“You can't do this state by state. This needs to be a national effort as well as an international endeavor, especially together with our allies, because AI is not going to go away,” Pritzker told ABC “This Week” co-anchor Jonathan Karl in an exclusive interview that aired Sunday.
Pritzker touted legislation he signed in Illinois in July requiring AI companies to conduct annual third-party audits of their safety plans and disclose safety incidents to the state. He urged Congress to make federal regulations a top priority, calling the technology “dangerous on the level of nuclear weapons.”
President Donald Trump has called AI fears a “hoax” and announced he is forming an “AI Force” to accelerate growth in the industry. Pritzker said that approach is a mistake.
#federal #urged #safety
With calls to regulate AI growing, Illinois Gov. JB Pritzker urged Congress to pass federal guardrails on the technology.
“You can't do this state by state. This needs to be a national effort as well as an international endeavor, especially together with our allies, because AI is not going to go away,” Pritzker told ABC “This Week” co-anchor Jonathan Karl in an exclusive interview that aired Sunday.
Pritzker touted legislation he signed in Illinois in July requiring AI companies to conduct annual third-party audits of their safety plans and disclose safety incidents to the state. He urged Congress to make federal regulations a top priority, calling the technology “dangerous on the level of nuclear weapons.”
President Donald Trump has called AI fears a “hoax” and announced he is forming an “AI Force” to accelerate growth in the industry. Pritzker said that approach is a mistake.
#federal #urged #safety
2 months ago
Gov. Gavin Newsom on Saturday signed legislation to increase security for the state's voting systems and protect Californians' ability to cast ballots in an effort to guard against potential interference in the Nov. 3 election, including by the Trump administration.
Newsom pointed to the Trump administration's recent effort to restrict mail-in voting through the U.S. Postal Service, which was struck down by the U.S. Supreme Court, and the presence of federal monitors at California polls last year as evidence that Trump "will continue his efforts to interfere with the November election."
"Donald Trump won't stop until he can exert dictatorial control over your free vote and disenfranchise millions of people this November. California will stop him at every opportunity," Newsom said in a statement. "We have no bigger task than fighting to protect the right to vote from interference and meddling — the future of democracy is on the line. These bills today build upon the wall California has built to safeguard our electoral process."
The governor signed the package of bills at the ****** anese American National Museum in Little Tokyo, where a year earlier federal agents gathered outside a political rally he was hosting. Then-Border Patrol Sector Chief Gregory Bovino, who had been leading the immigration operations in California, was among those outside the event, joined by agents in helmets, camouflage, masks and holding guns. Newsom described their presence as political intimidation.
One bill Newsom signed Saturday cites efforts to "weaponize law enforcement authority for political purposes," including Republican "Sheriff Chad Bianco's seizure of ballots in Riverside County," and the election monitors sent by the U.S. Justice Department to polling sites in five counties during a 2025 special election on redistricting.
#political
Newsom pointed to the Trump administration's recent effort to restrict mail-in voting through the U.S. Postal Service, which was struck down by the U.S. Supreme Court, and the presence of federal monitors at California polls last year as evidence that Trump "will continue his efforts to interfere with the November election."
"Donald Trump won't stop until he can exert dictatorial control over your free vote and disenfranchise millions of people this November. California will stop him at every opportunity," Newsom said in a statement. "We have no bigger task than fighting to protect the right to vote from interference and meddling — the future of democracy is on the line. These bills today build upon the wall California has built to safeguard our electoral process."
The governor signed the package of bills at the ****** anese American National Museum in Little Tokyo, where a year earlier federal agents gathered outside a political rally he was hosting. Then-Border Patrol Sector Chief Gregory Bovino, who had been leading the immigration operations in California, was among those outside the event, joined by agents in helmets, camouflage, masks and holding guns. Newsom described their presence as political intimidation.
One bill Newsom signed Saturday cites efforts to "weaponize law enforcement authority for political purposes," including Republican "Sheriff Chad Bianco's seizure of ballots in Riverside County," and the election monitors sent by the U.S. Justice Department to polling sites in five counties during a 2025 special election on redistricting.
#political
