President Joe Biden received bad news on the economy just before his visit to Scranton, Pennsylvania, on Tuesday.Federal Reserve Chairman Jerome Powell said that inflation has struggled to progress towards the central bank's target band and that policymakers need more "confidence" that inflation was cooling before they can lower interest rates. A delay in rate cuts could be a blow to Biden as it suggests that borrowing costs are likely to stay higher for longer, stifling areas of the economy...
by Courtney Vaughn The Mercury provides news and fun every single day—but your help is essential. If you believe Portland benefits from smart, local journalism and arts coverage, please consider making a small monthly contribution, because without you, there is no us. Thanks for your support! GOOD MORNING, PORTLAND! The weather forecast can no longer be trusted. Spring is unpredictable, like an emotionally detached, fickle lover. It brings us flowers,...
As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.
President Donald Trump made history this week as the first former president to stand trial on criminal charges. But he’s not only facing 34 felony charges, he now has a new problem to contend with too. This week the prosecution asked Judge Juan Merchan to sanction Trump for posts they said violated a gag order barring Trump from publicly attacking witnesses. The judge said he would hear arguments on the subject on April 23rd. MSNBC's Brian Tyler Cohen takes a closer look at what this could mean...
Xbox and Windows are natural bedfellows given their shared Microsoft heritage, but Sony has clearly spotted an fling, with its recent launches of PlayStation exclusives for PC gamers. Now Sony is going farther with a new PlayStation Overlay for Windows PCs that gives PC gamers access to their PlayStation friend list, as well as their trophies and settings. Save £100 on a refurbished PS5 Music Magpie is selling refurbished PS5 consoles in ‘Very Good’ condition at a £100...
Five Trump jurors reportedly get their news from a tech giant notorious for its leftist bias. Fox News released information April 17 on the seven jurors chosen for former President Donald Trump’s supposed “hush money” criminal trial in New York. Answers provided by the jurors reveal five of them receive their news from Google News, which media ratings firm AllSides describes as “lean left.” Two of the jurors also find news on TikTok, the communist Chinese government-tied app currently under...
Five Trump jurors reportedly get their news from a tech giant notorious for its leftist bias. Fox News released information April 17 on the seven jurors chosen for former President Donald Trump’s supposed “hush money” criminal trial in New York. Answers provided by the jurors reveal five of them receive their news from Google News, which media ratings firm AllSides describes as “lean left.” Two of the jurors also find news on TikTok, the communist Chinese government-tied app currently under...
Tesla announced global workforce reductions of "more than 10%" in an internal email Monday to staff from CEO Elon Musk, according to electric-vehicles.com, a specialist outlet, in a report later covered by Reuters.Newsweek has not seen the original email and was unable to verify its content. Tesla did not respond to a request for comment.The ContextThe reported layoffs come amid a tough start to the year for Elon Musk and his electric-vehicle company. Quarterly results released at the beginning...
Former Dodgers relief pitcher Dennis Cook, who played 15 years in the majors for nine teams, was named manager of Poland as they try to qualify for the 2026 World Baseball Classic. “I am deeply honored and excited to lead the Polish National Baseball Team,” Cook said in a statement on Friday. “Poland has a rich history and a promising future, and I am committed to helping elevate Polish baseball to new heights on the global stage.” This isn’t the first time managing internationally for Cook, who...
Three days after pleading guilty to kidnapping a woman, the Massachusetts man kidnapped her again and told her she would die.