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Trump says he is nominating top economic aide Stephen Miran to Federal Reserve board
The appointment is Trumpβs first opportunity to exert more control over the Fed, one of the few remaining independent federal agencies. Trump has relentlessly criticized the current chair, Jerome Powell, for keeping short-term interest rates unchanged.
Published on: August 07, 2025 | Source:
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Live: Trump appoints economic adviser to US Fed board
The US president wants to fill a temporary vacancy on the US central bank board with his adviser, Stephen Miran. On Wall Street, the Dow fell while the Nasdaq rose. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Published on: August 07, 2025 | Source:Trump calls on Intel chief to resign
US president alleges that semiconductor industry veteran Lip-Bu Tan is βhighly conflictedβ
Published on: August 07, 2025 | Source:Trump calls for Intel CEO to resign
{beacon} Technology Technology The Big Story Trump takes aim at Intel President Trump called for Intel CEO Lip-Bu Tan to resign Thursday, arguing he is βhighly conflicted.β Chiang Ying-ying, Associated Press βThe CEO of INTEL is highly CONFLICTED and must resign, immediately,β he wrote on Truth Social. βThere is no other solution to this problem....
Published on: August 07, 2025 | Source:Trump opens door for 401(k) retirement plans to invest in private equity and crypto
Millions of Americans saving for retirement through401(k) accountscould have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to anexecutive ordersigned Thursday by President Donald Trump that could give those financial players long-sought access toa pool of funds worth trillions.
Published on: August 07, 2025 | Source:These photos were taken with a smartphone β and you can do this too
We teamed up with photographers to find out how use a smartphone to take wildlife images, snap tiny creatures, and catch birds in action.
Published on: August 07, 2025 | Source:Pinterest stock falls 10% after earnings miss
Pinterest reported second-quarter earnings on Thursday, in which it beat on sales but missed on earnings per share.
Published on: August 07, 2025 | Source:EPA moves to claw back $7B 'Solar for All' funds
{beacon} Energy & Environment Energy & Environment The Big Story EPA moves to claw back $7B 'Solar for All' funds The Environmental Protection Agency (EPA) will try to claw back $7 billion doled out by the Biden administration to provide rooftop solar power in disadvantaged communities. David Paul Morris/Bloomberg via Getty Images Under...
Published on: August 07, 2025 | Source:Live: Murray Watt says US push to sink global plastics treaty is 'disappointing'
The environment minister says it is "disappointing" some countries, including the United States, are actively trying to sink a global treaty to tackle plastic pollution. Follow live.
Published on: August 07, 2025 | Source:Trump and Putin to meet in coming days, says Kremlin
Russian leader points to UAE as βperfectly suitable placeβ to host in-person meeting with US president
Published on: August 07, 2025 | Source:Trump administration asks Supreme Court to lift limits on 'roving' LA-area immigration raidsΒ
The Trump administration asked the Supreme Court on Thursday to lift a judgeβs limits on βrovingβ immigration raids in the Los Angeles area. A federal judge last month ruled Immigration and Customs Enforcement (ICE) agents were conducting raids that likely ran afoul of constitutional protections against unreasonable seizures. The limits prohibit ICE from relying on...
Published on: August 07, 2025 | Source:Trump to nominate βloyalistβ Stephen Miran to the Federal Reserve board
Miran, who currently sits on the White Houseβs Council of Economic Advisers, would fill the seat through January.
Published on: August 07, 2025 | Source:Intel shares drop after Trump calls for CEO to resign immediately
Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker's CEO to resign immediately.
Published on: August 07, 2025 | Source:ICE opening detention tent facility at Texas military base
Immigration and Customs Enforcement (ICE) is expected to begin using a Texas military base to detain individuals who immigrated to the U.S. illegally on Aug. 17. The El Paso-area site, Fort Bliss, is still being developed and will initially receive 1,000 detainees, according to the Department of Defense. Over the next two years, officials plan...
Published on: August 07, 2025 | Source:Snowstorm leaves 160yo orchard with $500k damage bill
A spectacular snowstorm leaves the last commercial orchard in the NSW Northern Tablelands with "unprecedented" damage.
Published on: August 07, 2025 | Source:AP report: More FBI leaders forced out, including ex-director who resisted turning over Jan. 6 agents’ names
The FBI Agents Association said in a statement that it was concerned by reports of the firings of senior leaders and that it was reviewing all legal options to defend its members.
Published on: August 07, 2025 | Source:Former voice of Big Brother narrowly escapes house fire with wife and baby
The former voice of Big Brother Australia, Mike Goldman, has narrowly escaped a house fire in Brisbane's inner-east with his wife and one-year-old son.
Published on: August 07, 2025 | Source:Cambodia and Thailand agree to ASEAN observers to ensure ceasefire holds
Defence officials from the two countries agree to allow observers from the regional bloc to inspect disputed border areas and help ensure hostilities do not resume.
Published on: August 07, 2025 | Source:U.S. Air Force to deny retirement pay for transgender troops being separated from service
An Air Force spokesperson told The Associated Press that βalthough service members with 15 to 18 years of honorable service were permitted to apply for an exception to policy, none of the exceptions to policy were approved.β
Published on: August 07, 2025 | Source:Trump opens US retirement plans to crypto and private equity investments
Move is expected to fuel growth of alternative asset industry but will expose Americansβ 401k funds to higher risks
Published on: August 07, 2025 | Source:Six dead, 10 injured in Lebanon after Israeli air strike
Six dead, 10 injured in Lebanon after Israeli air strike The Lebanese Ministry of Health late on Thursday evening, local time, said six people have been killed and 10 others were wounded in an Israeli air strike on Beqaa, in the east of the country, earlier in the day.
Published on: August 07, 2025 | Source:Trump ups aggressive redistricting war with call for new census
Related video: Vice President JD Vance met with Republican leaders Thursday in Indiana as the national redistricting debate intensifies. President Trump is going all in on the national redistricting war with his call for the Commerce Department to conduct a new census ahead of the next scheduled one in 2030. Trump said in his Truth...
Published on: August 07, 2025 | Source:Cheerleading skills translate to judging sheep for versatile teen
Tiffany Maestrale, 17, combines competitive cheerleading with a love of sheep judging.
Published on: August 07, 2025 | Source:Federal court upholds Oklahoma law banning gender-affirming care for minors
A federal appeals court upheld an Oklahoma law banning gender-affirming care for minors Wednesday in a ruling hinging on a June Supreme Court decision to uphold a similar law in Tennessee. Oklahomaβs Senate Bill 613, passed by the stateβs Republican-controlled Legislature andsigned into lawby Gov. Kevin Stitt (R) in 2023, makes it a felony for...
Published on: August 07, 2025 | Source:Famine kills nearly 200 in Gaza amid βapocalypticβ battle for survival
Two children died of starvation on Thursday, as WHO warns 12,000 children aged under five suffering acute malnutrition.
Published on: August 07, 2025 | Source:Trump signs order giving political appointees oversight of federal grants
President Trump on Thursday signed an executive order tightening control of the federal grant funding process, requiring political appointees to sign off on each grant. The order directs each agency head to designate a senior appointee who will be responsible for creating a process to review grant opportunity announcements and to ensure any grants awarded...
Published on: August 07, 2025 | Source:CDC reports ultraprocessed foods comprise more than half of the US diet
The findings come as Robert F Kennedy Jr advances plans to 'Make America Healthy Again' under President Donald Trump.
Published on: August 07, 2025 | Source:Trump seeks to celebrate tariffs, reassure on economy
President Trump sought to celebrate his new tariff regime and reassure the public about his economic stewardship on Thursday as a trade agenda upending the GOP and the global economic order came into place. Trump said the tariffs would raise billions for the U.S. Treasury, while Treasury Secretary Scott Bessent argued that foreign producers and...
Published on: August 07, 2025 | Source:Trump orders regulators to review βdebankingβ practices
President issues directive after accusing lenders of discrimination against conservatives
Published on: August 07, 2025 | Source:Investors near 'euphoria' as share market rollercoaster roars on
It's been a big week for the ASX 200 and investors are nearing the peak of a hair-raising psychological journey. But some are peering through their fingers, wondering what's coming next β and when?
Published on: August 07, 2025 | Source:UK homelessness minister Rushanara Ali resigns
Labour MP quits her government role after row about a property she owns
Published on: August 07, 2025 | Source:Construction at Florida’s ‘Alligator Alcatraz’ detention center temporarily halted by judge’s order
The facility can continue to operate and hold detainees for U.S. Immigration and Customs Enforcement, but workers will be barred from adding any new filling, paving or infrastructure for the next 14 days.
Published on: August 07, 2025 | Source:Steph Catley the latest Matilda shortlisted for top football award
Matildas captain Steph Catley is one of 30 nominees for the Ballon d'Or Feminin, the top individual international award in football.
Published on: August 07, 2025 | Source:Palestinian football icon Suleiman al-Obeid killed seeking aid in Gaza
Palestinian footballer Suleiman al-Obaid was killed in an Israeli air strike on Wednesday while waiting for aid in Gaza.
Published on: August 07, 2025 | Source:India's immigration raids send ripples through slums and skyscrapers alike
An upscale Indian suburb is rounding up some of its most marginalised residents, saying they are illegal immigrants.
Published on: August 07, 2025 | Source: