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The Latest Breaking News from Reserve

Fed 'Flying Blind' As Shutdown Erases October Jobs, Inflation Reports

The longest government shutdown in U.S. history is set to end within hours—but it's already left a lasting scar on the economy's data map since two of the most vital inputs for the Federal Reserve won't be released.

Benzinga

Federal Reserve's Next Move Is '50/50 Toss-Up': Jeremy Siegel Says Powell Corrected Market Expectations

Following the Federal Reserve‘s recent rate cut, Wharton finance professor Jeremy Siegel says the odds of another cut in December are now a "50/50 toss-up." However, he still expects the SP 500 to reach the 7,000 mark by year’s end.

Benzinga

The Great Fed Pivot Is Here—Jeremy Siegel Backs Sub-3% Rates Ahead

The Federal Reserve's long-awaited pivot toward easing monetary policy is almost here, with a September interest-rate cut now "a near certainty", according to Jeremy Siegel, Wharton professor emeritus and WisdomTree chief economist.

Benzinga

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Senate Panel Set To Advance Trump's Fed Pick Stephen Miran Despite Dem Pushback

Stephen Miran, President Donald Trump‘s pick for Federal Reserve governor, is likely to pass the Senate Banking Committee on Wednesday. This brings him closer to joining the central bank, even though there are worries about the Fed’s independence. The committee has 13 Republicans and 11 Democrats, and the Republicans are…

Benzinga

Federal Reserve To Host October Conference On Convergence Of Traditional And Decentralized Finance

The U.S. Federal Reserve will host a payments innovation conference on Oct. 21, with a central focus on the convergence of traditional and decentralized finance.

Benzinga

Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Benzinga

June Inflation Data Validates Powell's Trump Pushback

President Donald Trump's repeated calls for aggressive rate cuts collided with economic reality Tuesday, as June's rising inflation dynamics offered a win—at least temporarily—for Federal Reserve Chair Jerome Powell's cautious stance.

Benzinga

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Escape From Tarkov blindsides players with immediately controversial 'Hardcore Wipe' that removes quests and disables most maps

It's all about slowing down progression, as far as players can tell.

PC Gamer

SI:AM | Flamethrowing Brewers Phenom Foils Dodgers

Jacob Misiorowski mowed through Los Angeles’s stacked lineup, striking out 12 and allowing just four hits.

Sports Illustrated

Smaller bars, 'normal' cranks and wider tyres: here are 9 trends we spotted at the Tour de France

The new tech being used at the tour often shapes future products. The question is, should you be copying the pros?

Cycling Weekly

I've found a pan to rival Stanley Tucci's slick Italian version for $150 less – snap it up quickly before everyone discovers the deal

This $68 GreenPan Skillet has the same diamond-infused surface and chic Italian design as the one in the Italian actor's range – you can thank me later

Homes & Gardens

Fed Governor Michelle Bowman Backs July Rate Cut, Citing 'Contained' Inflation Pressure: 'Impact Of Tariffs...May Take Longer'

Federal Reserve Governor Michelle Bowman has expressed her support for a potential interest rate cut in July, provided that inflation remains subdued.

Benzinga

The Latest: Trump-Musk relationship appears to implode

After long months when President Donald Trump and billionaire Elon Musk appeared united in their chaotic mission to remake Washington, their relationship imploded this week

The Independent UK

Why did Keegan Swenson's wheels have two valves each at Unbound Gravel?

Is this the nerdiest tech hack at Unbound? Unique double-valve wheel hack explained by teammate Tobin Ortenblad

Cycling News

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The Independent UK

How the military is dealing with Hegseth's order to remove transgender troops

The military services are scrambling to nail down details and put together new guidance to start removing transgender troops from the force

International Business Times

Pentagon Moves To Remove 1,000 Transgender Troops After Supreme Court Ruling

Under the new guidelines, the Department of Defense will separate nearly 1,000 transgender troops who have self-identified. Additionally, the Pentagon will review medical records to identify others who have not come forward.

The Independent UK

Pete Hegseth says US troops ‘need to be fit, not fat’ as he attacks ‘completely unacceptable’ statistic

Pete Hegseth has said America's troops "need to be fit, not fat", after a report by the American Security Project found two-thirds of Guard and Reserve service members are overweight.

The Independent UK

Army reenlists nearly two dozen soldiers ousted for refusing COVID-19 vaccine

Officials say the Army has reenlisted more than 23 soldiers who were discharged for refusing the COVID-19 vaccine

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Top News

Army Reserve Officers Disciplined For Failures In Preventing Tragedy

Army report on Maine shooting highlights failures in leadership and communication, calls for mental health support improvements.

The Independent UK

3 Army Reserve officers disciplined after reservist killed 18 people last October in Maine

An Army report says three reserve officers have been disciplined for dereliction of duty in the aftermath of a reservist’s rampage in which 18 people were killed in Maine

USAFacts

How many people are in the US military? A demographic overview

Active-duty military numbers decreased by 64.3% from their peak in 1968, dropping off twice during the Vietnam War and after the Cold War.

The Conversation

Interest rates will eventually fall but it's a bit early for borrowers to break out the champagne

Suddenly the talk in global financial markets has spun from “when will interest rates next rise?” to “how soon before they fall?”.

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