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Trump's attempts to influence Fed risk 1970s-style inflation and global backlash'
- Analysts warn that White House pressure on US central bank to cut interest rates could put economy in danger Donald Trump's attempts to influence the US Federal Reserve could risk plunging America into a period of 1970s-style inflation and trigger a global backlash in financial markets, economists have warned. After the US Department of Justice (DoJ) launched a criminal investigation into Jerome Powell , the ...

Source: theguardian.com
US  
Trump targets credit card rates. What's at stake for Capital One and other banks
- Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump's call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday , the president did not provide any more details on how such a cap would work. While it would require approval ...

Source: cnbc.com
US   POLITICS  
DHS Restricts Congressional Visits to ICE Facilities
- Home » » The Department of Homeland Security ( DHS ) has blocked members of Congress from visiting an Immigration and Customs Enforcement (ICE) detention facility in Minneapolis this weekend, requiring lawmakers to give prior notice under a new visitation policy. Homeland Security Secretary Kristi Noem issued a memo dated Jan. 8 and submitted it to a federal court on Saturday, instructing DHS staff that ...

Source: floridianpress.com
US   POLITICS  
Sen. Mark Kelly sues Hegseth to block move to cut rank and pension over illegal orders video
- Washington — Democratic Sen. Mark Kelly of Arizona filed a civil lawsuit against Defense Secretary Pete Hegseth on Monday seeking to block the Pentagon's efforts to downgrade his retirement rank and pay, which he claims amounts to unconstitutional retaliation against him. In a 46-page complaint , Kelly, a retired Navy captain, argued that he is the target of "extreme rhetoric and punitive retribution" by the ...

Source: cbsnews.com
US  
Chicago doctor charged in slayings of ex-wife, husband in Ohio
- COLUMBUS, Ohio — The ex-husband of an Ohio woman charged this weekend with the murders of her and her husband waived his right to an extradition hearing Monday in Illinois. Michael David McKee, 39, a doctor from Chicago, has been charged with premeditated aggravated murder in the shooting deaths of 39-year-old Monique Tepe, whom he divorced in 2017, and Spencer Tepe, 37, in their Columbus home on Dec. 30. ...

Source: chicago.suntimes.com
US  
New Autistic Barbie Comes With Noise-Canceling Headphones, Fidget Spinner, AAC Tablet
- Mattel has unveiled its first-ever autistic Barbie doll, and she comes with several technology items, including noise-canceling headphones -- in Barbie pink. Some individuals with autism use headphones to reduce sensory overload and block out background noise. This Barbie doll also features a pink finger-clip fidget spinner that actually spins, serving as a sensory outlet to reduce stress and improve focus. She ...

Source: cnet.com
US  
Sick Astronaut on ISS Forces Early Transfer of Command from NASA Crew Member to Russian Cosmonaut
- Command over the International Space Station (ISS) has changed hands. In a ceremony onboard the station on Monday, NASA astronaut Mike Fincke relinquished the charge of the ISS's Expedition 74 over to Russian cosmonaut Sergey Kud-Sverchkov. Fincke thanked his fellow crew members on the ISS as he handed over command to Kud-Sverchkov, adding that it had been great to serve alongside the Russian cosmonaut before ...

Source: scientificamerican.com
US  
Golden Globes 2026: Every Winner From Hollywood's Party Of The Year
- The 83rd Golden Globe Awards took over the Beverly Hilton Hotel on Sunday night, with comedian Nikki Glaser returning as host. After coming into the ceremony with the most film nominations, Paul Thomas Anderson's paranoid joyride "One Battle After Another" left with Best Comedic Film, Best Director and Best Screenplay while Teyana Taylor was recognized a Best Female Actor in a Supporting Role. One of the evening's ...

Source: huffpost.com