Warshs gamble: A quieter Federal Reserve could mean volatile markets, higher rates
WASHINGTON (AP) — The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference Wednesday, new chair Kevin Warsh began to reverse some of those steps. Warsh, like many economists, thinks the financial markets have become too dependent on Fed guidance, and that such direction...
Read MoreSat, 20 Jun 2026
- Warshs gamble: A quieter Federal Reserve could mean volatile markets, higher rates
- Ukrainian officials criticize Polish presidents decision to strip Zelenskyy of honor
- Utah marks a year of battling measles, with no clear end in sight
- Congress wonders as the Iran war draws to a close: Was it worth it?
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- An Israeli strike hits a Gaza City apartment, killing 2 children, Palestinian health officials say
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Fri, 19 Jun 2026
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- US push to get Iran talks started hits an early bump. Vance stays at home, for now
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Thu, 18 Jun 2026
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- New York Knicks revel in their NBA victory parade as joyous fans and celebs fill the streets
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- A special election in the UK could hasten the rise of Andy Burnham and the end for Keir Starmer
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Wed, 17 Jun 2026
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- Trumps pick to lead FEMA pledges to be fair and reasonable in assessing disaster aid requests
- Zelenskyy says G7 leaders pledge more vital help for Ukraine against Russia
- Ancient teeth from Siberia rewrite the plagues timeline, dating back to over 5,500 years ago
- Lionel Messi ties mens World Cup goals record with a hat trick as Argentina tops Algeria
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- Authorities say they disrupted planned drone, gun attack on White House UFC cage-fighting show
- US strike on an alleged drug boat kills 1, leaves 2 survivors in the eastern Pacific Ocean
- Iran says the initial deal to end the war with the US requires Israel to withdraw from Lebanon
Tue, 16 Jun 2026
- AP Exclusive: Nvidias Jensen Huang says society needs new social norms in the age of AI
- Federal prosecutors charge 15 people with impeding agents during Minnesota immigration crackdown
- Trump ramps up Education Departments dismantling with changes on special education and civil rights
- White House talking points claim victories in initial Iran deal but often dont meet reality
- UN Secretary-General visits Haiti as gang violence soars
- Pizza Hut, overtaken by the arrival of delivery culture, will be sold for $2.7 billion
- Rain along the Gulf Coast could become the first named storm of the Atlantic hurricane season
- Oil prices fall below $80 per barrel, while US stocks drift
- A 6.7 magnitude earthquake shakes part of Indonesia, causing damage and injuries
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- Nvidias Huang pledges AI will boost manufacturing jobs. A test will come in Texas
- Authorities say at least 9 dead, 25 hurt after a train and bus collide in Zimbabwe
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- Fit to be tied: The big upsets at the World Cup so far have been matches ending at 0-0, 1-1 and 2-2
- Utah canyon BASE jump kills 2, including daredevil athlete who performed with Madonna
- All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates
- China Shock 2.0: Surging Chinese exports threaten Europes economy, raising concern at G7 summit
- A Russian barrage in Ukraine kills 11 and damages a landmark cathedral
- Trumps Iran deal greeted with skepticism and scrutiny on Capitol Hill
- 8 people died in B-52 bomber crash at US Air Force base in Southern California, officials say
Mon, 15 Jun 2026
- Some of the 11 skydivers killed in Missouri plane crash were experienced jumpers
- Teen accused of killing stepsister on Carnival Cruise taken into custody following adult charges
- Alfredo sauce distributed to dozens of states recalled due to potential salmonella contamination
- Cape Verde holds Spain to a surprising 0-0 draw in the countrys World Cup debut
- Republican divides and strange alliances emerge ahead of Georgia runoff
- California Gov. Gavin Newsom says Trumps Justice Department is investigating him and his wife
- Initial deal to end US-Iran war moves toward formal signing despite lingering questions
- Fox to buy streaming pioneer Roku in a $22 billion deal
- The Latest: Trump projects confidence about Iran deal as he meets global leaders for G7 summit
- Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow
- Trump arrives at G7 summit looking for momentum after announcing a deal to end the Iran war
- Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
- UK bans under-16s from using social media apps including TikTok and YouTube
- Drone strikes kill over 1,000 civilians in Sudan in the first 5 months of 2026, UN rights chief says
- UFC brings its trademark mayhem to the White House as President Trump celebrates 80th birthday
- The Knicks made a championship run that will be remembered in New York and in NBA history
- London court convicts 2 men of plot to torch property linked to UK prime minister
- World Cup racism monitor urges FIFA to remove match official over hand gesture on TV broadcast
- The Latest: Trump celebrates his 80th birthday with Iran deal and UFC cage fight at the White House
- Trump celebrates 80th birthday with an Iran deal and UFC cage fights at the White House
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- Hurricanes use stifling defense to blank Golden Knights 3-0 in Game 6 and win the Stanley Cup
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- Mayhem mars euphoria as New York City celebrates the Knicks first championship in 53 years
- Palestinian death toll in Gaza tops 73,000 as Israel launches strikes despite ceasefire
- Swiss voters reject right-wings bid to cap population at 10 million, early results show
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- Judge orders Trump administration to restore National Park changes at sites that disparaged US
- Some people are making guns with 3D printers. A new law seeks to cancel their print jobs
- Ukrainian drone strike kills 1 in southern Russia and triggers fire at sea terminal
- Trumps name is gone from the Kennedy Centers facade, according to a top official at the arts venue
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