Fed holds rate steady amid inflation hopes and tariff risk
The Federal Reserve leaves its benchmark rate unchanged at about 4.3 percent and signals two rate cuts later this year amid inflation expectations around 2.7 percent by end‑2025. Projections show slower growth of 1.7 percent in 2025 and 1.8 percent in 2026, with unemployment nudging to 4.4 percent. Powell cites tariffs as a factor raising near term inflation while keeping a path to price stability.
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Washington
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Jerome Powell
Don
Ald Trump
Powell
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Attacks on Tesla showrooms rise across U S in charged climate
The piece reports rising vandalism and arson at Tesla showrooms and charging stations across the United States and Europe. It notes no injuries, cites Molotov attacks, and mentions law enforcement actions in Colorado, South Carolina, and Las Vegas, with experts attributing the violence to political anger over President Trump and Elon Musk.
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Elon Musk
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Bureau of Alcohol, Tobacco, Firearms and Explosives
Doge
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Oregon
Salem
Tigard
Las Vegas
Spencer Evans
FBI
Obama
Twitter
Spacex
Wall Street Rally After Fed Decision Sends Stocks Higher
U.S. stocks rose as the Federal Reserve held rates steady amid a solid economy. The S&P 500 gained 1.1 percent, the Dow climbed 383 points, and the Nasdaq rose 1.4 percent. Investors eyed lower Treasury yields and possible rate cuts later this year. Powell noted the economy’s strength and cautioned against stagflation concerns.
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Greenpeace told to pay in Dakota Access case verdict
A North Dakota jury held Greenpeace liable for defamation and related claims in the Dakota Access pipeline protests. Energy Transfer and Dakota Access were awarded hundreds of millions in damages. Greenpeace plans appeals, saying the ruling threatens protest rights and First Amendment protections.
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