Business

Fed governor maintains outlook for three interest cuts in 2025

Federal Reserve Governor Michelle Bowman said in a speech over the weekend that she still sees three interest rate cuts this year after the Fed’s monetary policy panel left rates unchanged at their meeting in late July. Bowman, who serves as the Fed’s vice chair for supervision, spoke Saturday at…

Trump calls tariff windfall ‘so beautiful to see’ as cash sails in

President Donald Trump on Monday touted a “beautiful” surge in tariff revenues on imported goods, crediting his administration’s trade policies for a flood of cash into the U.S. economy. “We’re finding hundreds of billions of dollars of cash is pouring into our country now because of tariffs,” Trump said during…

Pennsylvania US Steel plant explosion traps people under rubble

Rescue crews raced to save multiple people trapped beneath the rubble after an explosion at a U.S. Steel plant near Pittsburgh on Monday, an official said. The blast happened just before 11 a.m. at the Clairton Coke Works. Abigail Gardner, director of communications for Allegheny County, told The Associated Press there…

Chick-fil-A launching fall menu featuring new drink, sandwich

Chick-fil-A restaurants nationwide are preparing to launch the new fall, “limited-time menu with something for everyone to enjoy.” Locations will start serving new menu items on August 18, according to a press release. “The lineup includes the return of a fan-favorite beverage flavor — now with a twist — a craveable…

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