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Warsh Believes the Economy is Really Strong. The real damage is not inflation. It is the uncertainty. Kevin Warsh and the FOMC left rates unchanged at 3.75–4%. Inflation is elevated. Core is sticky. Inflationary expectations are not the monster the Fed is pretending they are. They are not 2021–2022. They are not the Biden era, when prices were ripping at 7–9% and the Fed was still printing while telling everyone it was “transitory.” That was a credibility collapse. This is residual heat after a massive fiscal and energy shock. Pretending the two are the same is how you get policy…
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NEWYou can now listen to Fox News articles! House Democratic leaders are holding off on deciding whether to punish Rep. Haley Stevens, D-Mich., after she endorsed a Republican in Michigan’s Senate race, drawing calls from fellow Democrats for her removal from the party’s House caucus.Stevens endorsed former Rep. Mike Rogers,…
Federal agents arrested a former government contractor at Fort Bragg last week for allegedly posting videos of classified military operations to social media and stealing a pair of night vision goggles. Authorities charged 37-year-old James Thomas Ashbacher with unlawfully transmitting and retaining national defense information and theft of government property.…
AMERICA FACES ITS GREATEST TEST — AND WALL STREET IS ON SALE! The NASDAQ. GOLD. SILVER. CRYPTO. TECHNOLOGY STOCKS. The liquidation is spreading across asset classes, and the damage beneath the surface of Wall Street is staggering! According to the market figures we’re tracking, more than 60% of S&P 500…
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The attorneys representing Green Bay Packers running back Josh Jacobs admitted that the recently released police case file that includes new allegations of domestic abuse from years ago are threatening the running back’s career, but also see it as a case of “character assassination” that is easily disproven.That is the…
NEWYou can now listen to Fox News articles! New York City Mayor Zohran Mamdani said that President Donald Trump has agreed to grant a visa to the mother of a teenage immigrant from Ghana who was shot and killed last week in the Bronx.”The murder of a child is a…
NEWYou can now listen to Fox News articles! Michael Douglas admitted his longtime friend, Jack Nicholson, has essentially “disappeared” from the spotlight.Douglas, 82, reflected on his storied career and missed opportunities while discussing his new memoir, “One Helluva Ride.”When asked who he never had a chance to work with, Douglas…
NEWYou can now listen to Fox News articles! Ukraine officials said the country’s official air-raid alert app was likely hacked after emergency alerts warned on Sunday that there was a “radiation hazard” and a “chemical attack alert” in Kyiv.The false warnings urged residents not to go outside.”There is a radiation…
The Philadelphia Eagles are in free-fall. After building an early 10-0 lead, Philadelphia gave up 27 unanswered points in a 27-10 loss to the Washington Commanders on Sunday Night Football.Philadelphia started fast. Jake Elliott hit a 40-yard field goal, and Saquon Barkley scored on a three-yard run after a Washington…
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NEWYou can now listen to Fox News articles! A Florida mother returning from Las Vegas was met by deputies as she stepped off a plane and arrested after authorities say she left her four children home alone while she traveled for work.Body camera video shows deputies approaching Irene Miller as…
NEWYou can now listen to Fox News articles! Jay-Z is headed to the Super Bowl stage.The music mogul will headline the Super Bowl LXI halftime show, Apple Music announced during halftime of Monday’s Dallas Cowboys-Philadelphia Eagles game.Super Bowl LXI is set for Feb. 14, 2027, at SoFi Stadium in Inglewood,…
NEWYou can now listen to Fox News articles! A New Jersey teacher was arrested two weeks ago in connection with an alleged prostitution scheme in which a man was restrained, forced to endure sexual acts and robbed in a casino hotel room.The suspect was identified as Amanda Crafts, 35, of…
When it’s the World Series, you gotta give your all. Tampa Bay Rays left fielder Chandler Simpson did that on Monday night in Game 3 against the Milwaukee Brewers.Brewers batter Sal Frelick hit a sharp liner to left field at Tropicana Field. Frelick thought the ball might have either been…
NEWYou can now listen to Fox News articles! Republicans hope there are lots of Democrats who won’t win re-election next week and return to Capitol Hill. Republicans are imploring voters to kick them out.But President Trump is focused on bouncing one Democrat from Congress who likely wins re-election in a…
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American junior enlisted personnel at a U.S. air base in Japan are banned from consuming alcohol and must adhere to a curfew following the recent arrest of a U.S. Marine for allegedly robbing and murdering a local woman. Kadena Air Base on Okinawa implemented the new restrictions for all personnel…
When it comes to finding a good concealed carry holster, it pays to hunt hard and be skeptical.I would imagine when most millionaires purchase a holster, they just buy the best one they can find, even if they’re just buying it for their bodyguard. Unless you’re part of that 7.6…
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NEWYou can now listen to Fox News articles! Jon Gosselin hasn’t spoken with most of his children in more than a decade.The reality star, who appeared on “Jon & Kate Plus 8” before his divorce from ex-wife Kate Gosselin, admitted that his strained relationships with six of his kids have…
Three sailors assigned to Naval Air Station Pensacola, Florida, died early Saturday morning after a car crash, the Navy confirmed. The service members were assigned to Naval Air Technical Training Center and Naval Aviation Schools Command. “The Navy mourns the loss of our shipmates and extends our deepest condolences to…
NEWYou can now listen to Fox News articles! PORT HURON, Michigan – They’re coping with high prices at the gas and diesel pumps and at the supermarket, but the MAGA faithful in this key battleground state remain firmly supportive of President Donald Trump.In conversations with nearly 20 Michigan voters who…