Fed Chair Powell sounds alarm on tariffs, sending stocks lower

Fed Chair Powell sounds alarm on tariffs, sending stocks lower

Federal Reserve Chair Jerome Powell said Wednesday that he expects President Donald Trump’s tariffs policy to cause higher inflation and slower economic growth, complicating potential central bank efforts to ease the fallout. “The level of the tariff increases announced so far is significantly larger than anticipated. The same is likely to be true of the…

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Trump DOJ files civil suit against Maine in standoff over transgender athletes in women's sports

Trump DOJ files civil suit against Maine in standoff over transgender athletes in women’s sports

The Justice Department has filed suit against Maine in an effort to challenge the state’s policy regarding transgender athletes competing in girls’ and women’s sports, Attorney General Pam Bondi announced Wednesday. The lawsuit alleges Maine’s policy violates Title IX and stems from a broader effort by the Trump administration to spotlight an issue that they…

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