The Federal Reserve kept interest rates steady at 3.5-3.75% as expected, but a split 8-4 vote highlighted dissent over future rate cuts. This was the first time since October 1992 that four FOMC members dissented. Chairman Jerome Powell signaled he would stay on the Board until a renovation investigation concludes. Brent Chute of Northwestern Mutual noted the split underscores potential future dissents and the uncertain economic outlook amid persistent inflation around 3% since late 2023, suggesting a challenging period ahead for the new Fed leadership.
In the recent Wisconsin gubernatorial race, David Crowley, a 40-year-old Milwaukee County official, unexpectedly won the Democratic nomination over three…
Sorry, North America. After winning the cosmic lottery with a pair of coast-to-coast total solar eclipses, now it's Europe's turn. But look skyward anyway Wednesday and, if you're far enough north in the U.S. and Canada, you might savor a partial eclipse as the moon nibbles away at the sun.
The Perseid summer light show is back — and viewing conditions are especially promising for the Northern Hemisphere. The meteor shower's peak Wednesday night into Thursday morning coincides with a total solar eclipse across Spain, Iceland and Greenland and a six-planet parade — though the best time to view the fireballs will come after totality.
Taylor Fresh Foods, parent company of Taylor Farms, is voluntarily recalling some products that include jalapenos because of worries about a possible salmonella contamination.
