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A nomination hearing for Trump’s pick to fill a vacant Fed board seat is expected next week. President Donald Trump’s rapidly escalating war with the Federal Reserve is set to become one of the first high-profile clashes in Congress when lawmakers return from their August recess. Trump’s move to fire Fed Reserve Gov. Lisa Cook … Read more
Judges may be reluctant to second-guess the president’s claim about what counts as good “cause” for the firing. President Donald Trump’s quest to expand his power has moved to the marble corridors of the Federal Reserve, an institution once considered politically and legally off-limits. It will almost inevitably land at another marbled institution: the Supreme … Read more
The ultra-calculating central bank tried to put off confrontation with Trump for as long as possible. Now, time’s running out. The Federal Reserve is not a place that panics. My experience of the central bank and its staff is that they try to think as many steps ahead as possible. Just as Fed policymakers weigh … Read more
Trump called out South Korea in a social media post hours before meeting the country’s president. And yet Lee Jae-myung was still able to walk away with a smile on his face. The odds were stacked against Lee Jae-myung before he entered the doors of the Oval Office. North Korea continues to ramp up its … Read more
Elise Wolf found out Monday what happened to her home and the longtime Native Bird Care rescue center that she and her husband run on 40 acres a few miles outside Sisters. She and her husband, Whitney Lowe, fled Saturday, releasing some birds in their care a few days before they left and taking others … Read more
Melbourne, Australia — Australian Prime Minister Anthony Albanese accused Iran of organizing two antisemitic attacks in Australia and said the country was cutting off diplomatic relations with Tehran in response on Tuesday. The Australian Security Intelligence Organization concluded the Iranian government had directed arson attacks on the Lewis Continental Kitchen, a kosher food company, in … Read more
CBS Evening News 20 years after Hurricane Katrina, a barrier island in Alabama is disappearing evening-news By August 25, 2025 / 9:28 PM EDT / CBS News Hurricane Katrina was a terrifying experience for more than a million people affected across the Gulf Coast region. Nearly 1,400 people died, most of them in New Orleans … Read more
More than half of respondents said they believed President Trump’s actions aimed at reducing crime in Washington, D.C., are justified, according to a Harvard Caps/Harris poll released Monday. While 54 percent said the actions are justified, 46 percent of voters surveyed called Trump’s actions “unjustified and not necessary,” according to the poll. Opinions on Trump’s … Read more
PHOENIX (AP) — A powerful storm kicked up a towering wall of dust that rolled through metro Phoenix on Monday, darkening the sky, blinding drivers, knocking out power and grounding flights at one of the nation’s busiest airports. Bernae Boykin Hitesman was driving her son and daughter, ages 9 and 11, home from school when … Read more
The wildfire raging in central Oregon has destroyed four houses and about half a dozen other buildings, the Deschutes County Sheriff’s Office said on social media late Sunday. The Flat fire, about 2 miles northeast of Sisters, has scorched about 22,000 acres and is now 5% contained, fire officials said. “We are deeply saddened by … Read more