Investors brace for Powell speech as Bitcoin dips near $112K
Bitcoin briefly fell to $112,565 on Wednesday, a two-week low last seen on Aug. 3. Bitcoin's dip below $113,000 was a snapshot of "rising nerves in the market" as macroeconomic tensions surrounding Powell's speech were causing "fear spikes" among digital asset traders. Corporations are accumulating Bitcoin.
Hacker organization BlackMoon obtained Russian and Chinese government documents on the joint Russian-Chinese project called "Sword 208". The main goal of the project is to prepare PLA paratroopers for a future attack on Taiwan. China has purchased materials and cooperation for the command-and-control system for assault operations for 4.3 million euros, or $5.1 million.
Fed minutes: Most officials worried about inflation moving higher
The Federal Reserve left its key interest rate unchanged last month at 4.3%. The minutes of the July 29-30 meeting were released Wednesday. Two members of the governing board dissented in favor of a rate cut. Jerome Powell will speak for the first time after the disappointing jobs report on Friday at the Fed's annual economic symposium in Wyoming.
The cost of the National Guard deployment in Washington, D.C. could exceed $1 million per day, based on the deployment of around 2,100 Guard members. The cost is more than six times what it would cost to operate affordable housing for Washington's homeless population. The Pentagon claims it does not know the costs of the deployment.
A Guide to Censorship in China
This week, Foreign Policy's China Brief looks at censorship in China. It focuses on the formal publishing processes rather than social media. Some topics are off-limits in Chinese media. Most sensitive topics occupy a gray area in which coverage is risky but still possible, so long as it steps carefully around CCP sensibilities.
Prisons are problematic when they exhibit systemic failures that compromise human dignity and safety. Rikers Island in New York has been cited for overcrowding, violence, and allegations of staff brutality and corruption. Attica Correctional Facility is infamous for its brutal history, including a 1971 uprising protesting inhumane living conditions and poor sanitation. ADX Florence in Colorado is known for extreme …
How America’s National Parks Won Over the Luxury Safari Crowd
The National Park Service experienced a record number of visitors in 2024 and an increase in overnight stays at lodges from 2023. Expedia Journeys curates private, bespoke itineraries featuring once-in-a-lifetime experiences. The company is inspired by the African tourism model of pristine wilderness meets unexpected luxury.
Some Republicans in Trumpworld's orbit are bracing for impact of the president's economic policies. Trump has put almost all the ingredients in place for slow growth amid high unemployment and inflation. Trump continues to poll much worse on the economy than he did in his first term.
5 food additives that might be bad for your health — and how to avoid them
According to a new report, Americans get about half of their calories from ultra-processed foods. These foods are often loaded with chemical additives, such as synthetic emulsifiers, preservatives and sugar substitutes. Many of these additives are not evaluated or approved by the Food and Drug Administration. Food manufacturers are allowed to use them as long as they self-certify to the …
Trump and Putin met in Alaska for the first in-person meeting between the leaders of the two nuclear superpowers since 2021. They had a private exchange inside Trump’s car en route to the talks. The working lunch was scrapped and Putin spoke first at the press conference. The next day, Trump met with European leaders in Washington.
Here’s what Russia and Ukraine have demanded to end the war
Moscow and Kyiv remain far apart on what terms they would accept to end the war that began with Russia’s invasion of Ukraine in 2022. Russian demands that Ukraine cede territory and security guarantees for a postwar Ukraine remain. Moscow's terms also include demilitarizing Ukraine and establishing a maximum number of Ukrainian armed forces, weapons and their permissible characteristics.
Food and non-alcoholic drink prices rose 4.9% in the year to July. Food prices increased 37% in 5 years to July, compared to 5% in previous 5 years. Climate change, drought, crop yields, extreme weather and the war in Ukraine are contributing factors. Ice cream farm in Cheshire is being squeezed on all corners due to rising costs.
Activists gather in San Jose to call for end to funds for Israel
Community leaders and activists gathered outside the Robert F. Peckham Federal Building to call on the U.S. government to stop sending funds to Israel in its ongoing war with Hamas. The protest and press conference was hosted by the Solidarity and Unity Network, a network of 24 nonprofits in the Santa Clara Valley. The group called on the government to …
International Overdose Awareness Day (IOAD) is observed on August 31st each year to raise awareness about the global overdose crisis. Over 100,000 people die annually from drug overdoses in the U.S. alone. Overdose deaths are often linked to opioids, but also to stimulants, benzodiazepine addiction, alcohol addiction, synthetic drugs like fentanyl, and polysubstance use.
Live updates of breaking news today in Miami and South Florida – NBC 6 South Florida
The wildfire burning in the Everglades is being followed by live updates on this page. For a deeper dive, check out our home page or local collection. For the latest breaking news across South Florida, visit the home page and local collection pages.
Police in Warwick, Rhode Island walked back claims that exposure to “fentanyl-laced cannabis” was responsible for a local woman’s tragic overdose death. Lab tests confirmed that no fentanyl was present in any of the marijuana samples seized by law enforcement in Brattleboro, Vermont or in Connecticut.
Amazonize the climatic emergency: what the networks in the region propose to the presidents summit
The Amazon is at a crossroads. It has lost 16% of its coverage, more than 23% of ecological connectivity and at least 26% have signs of degradation. The Panamaneous Pact for the climate is a proposal to act in the short and long term, recognizing the Amazon as a living and interdependent system. It calls for Amazonians to act as …
Some parts of the Chicago area received up to seven inches of rain in recent days. Flood advisories remain in effect in DeKalb, LaSalle, DuPage, Cook and Will counties in Illinois and Lake and Porter counties in Indiana until 4:45 p.m. Tuesday. The area will see partly-to-mostly cloudy conditions for the rest of Tuesday and into the day on Wednesday. …
‘I Just Couldn’t Stop Crying’: How Prison Affects Black Men’s Mental Health Long After They’ve Been Released
Helena Addison studies how incarceration affects mental health of Black men. She interviewed 29 formerly incarcerated Black men to understand how incarceration has affected their mental health. In Philadelphia alone, over 20,000 people return home from incarceration each year. Many of them have PTSD, depression and psychological distress.
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DoJ says voting machine maker funneled LA county money into slush funds used to pay bribes
The justice department alleges that Smartmatic transferred money from a 2018 voting machine contract with Los Angeles county into slush funds that were originally set up to pay bribes to election officials in Venezuela and the Philippines between 2012 and 2016. The government is seeking to prove the funds were part of a long pattern of bribing election officials by …
Pushback against diversity, equity and inclusion (DEI) has gathered momentum across North America. University of Alberta no longer has a vice-provost of equity, diversity and inclusion. Alberta’s public pension fund eliminated its lead DEI role during a restructuring. Mentions of DEI in S&P 500 corporate filings have dropped 70% since 2022.
'Moral character' memo from Citizenship and Immigration Services is scarier than it looks
USCIS will focus more on applicants’ “good moral character” to become a citizen. It follows previous moves by the Trump administration to tighten and whiten the bottleneck of people entering the United States and to ramp up the number of people it can deport or order out.
President Trump wants to organize direct talks between Vladimir V. Putin of Russia and President Volodymyr Zelensky of Ukraine to bring the war in Ukraine to a close. Mr. Putin has agreed to meet with Mr. Zelenski in the coming weeks as the next phase of the peace process.