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Federal Reserve Chair Jerome Powell on Tuesday emphasized that a sharp slowdown in hiring poses a growing risk to the U.S. economy, a sign that the central bank will likely cut its key interest rate twice more this year. Powell, who spoke today before the National Association of Business Economics in Philadelphia, said that despite the federal government shutdown cutting off official economic data, “the outlook for employment and inflation does not appear to have changed much since our September meeting,” when the Fed reduced its key rate for the first time this year. Fed officials at the September meeting also forecast…

Multiple airports across the country are denying a request from the Department of Homeland Security to play a video that blames Democrats for the ongoing government shutdown.The shutdown began on Oct. 1 with Democrats and Republicans in a stalemate over how to reopen the government. Democrats have demanded an extension of expiring health insurance tax credits, but Republican leaders have refused to negotiate, saying they want the government to reopen first.Transportation Security Administration officers and air traffic controllers are essential federal workers, requiring them to work during a shutdown without immediate pay. But, an uptick of workers calling out sick…

To say that the Baltimore Ravens are off to a bad start to the 2025 NFL season would be an understatement, but head coach John Harbaugh isn’t ready to throw in the towel.”Our focus is going forward and what we can accomplish for the next 11 games to try to earn our way into the playoffs, which obviously, as [it was] pointed out last night, has not been done very often with the record we have. But, we still believe we can do it,” Harbaugh said about the Ravens’ 1-5 start as part of an opening statement at his Monday…

Cathie Wood’s Ark Invest-backed Solmate Infrastructure said on Tuesday it had picked up cryptocurrency solana during last week’s sharp pullback in the market for digital assets.Risk-off sentiment hit cryptocurrencies on Friday as Sino-U.S. tensions flared, triggering the sector’s biggest wave of leveraged liquidations, market participants said, with solana tumbling nearly 22 per cent in just two days to a two-month low by Saturday.Solmate said it acquired the token for $50 million, a 15 per cent discount to the market price. “We bought the dip,” said Marco Santori, CEO of Solmate Infrastructure, a solana-focused digital asset treasury company. Wood’s Ark Investment…

A coalition would give the opposition enough votes to form a government and prevent Takaichi from taking power[TOKYO] Japan’s top opposition parties agreed on Tuesday (Oct 14) to hold a meeting of leaders, aiming to find a unified candidate for prime minister and oust the ruling party from power.The agreement comes after the ruling coalition collapsed last week, putting in peril Sanae Takaichi’s bid to become the country’s first woman premier.Japan was in political limbo over whether the opposition bloc will unite after junior partner Komeito quit its 26-year alliance with the ruling Liberal Democratic Party (LDP).A union would give…

This follows Genting Bhd’s announcement of a conditional voluntary takeover offer[SINGAPORE] Genting Bhd’s (Genting) RM6.7 billion (S$2.1 billion) proposal to buy out the minority shareholders of Genting Malaysia (GENM) could result in potential dividend implications for shares of its Singapore-listed arm, analysts said on Tuesday (Oct 14).The analyses follow Genting’s announcement of a conditional voluntary takeover offer to acquire the remaining stake in GENM for RM2.35 per share, a move that would lead to its delisting from Bursa Malaysia.Shares of Genting and GENM rallied on Tuesday to be among the most actively traded stocks on Bursa Malaysia. DBS Group Research…

D’Angelo, a Grammy Award artist whose music helped define the neo soul era, passed away on Tuesday, October 14th. His family confirmed via a statement. He was just 51. The Family’s Statement According to Rolling Stone “The shining star of our family has dimmed his light for us in this life … After a prolonged and courageous battle with cancer, we are heartbroken to announce that Michael D’Angelo Archer, known to his fans around the world as D’Angelo, has been called home, departing this life today, October 14th, 2025,” his family said in a statement. “We are saddened that he…

From Curt Cignetti to Matt Rhule, you’ve likely heard of every top possible college coach who’s a candidate to replace James Franklin at Penn State by now. However, FOX Sports’ Chris “The Bear” Fallica believes there’s an NFL coach worth keeping an eye on in the Penn State sweepstakes: Buffalo Bills offensive coordinator Joe Brady.”I wouldn’t be surprised if, behind the scenes, [Terry] Pegula — the owner of the Bills, big money guy and is kind of the one footing the bill for most of the buyout — maybe there’s some things going on behind the scenes [where he’s saying],…

NASHVILLE, Tenn. — NASHVILLE, Tenn. (AP) — The Tennessee Titans’ history with interim coaches offers little hope that firing coach Brian Callahan on Monday will pay off this season.Jeff Fisher went 1-5 replacing Jack Pardee with the then-Houston Oilers in 1994. Mike Mularkey was 2-7 after Ken Whisenhunt was fired in 2014, and Mularkey kept the job for two more seasons before he was fired.Now Mike McCoy, who was 27-37 in four seasons with the then-San Diego Chargers, gets 11 games to show what he can do with rookie quarterback Cam Ward and a team very much stuck in rebuilding…

The firms are jointly creating a certification programme to train employees on effectively using AI at work[CHICAGO] Walmart is teaming up with OpenAI to enable shoppers to browse and purchase its products on ChatGPT, the retailer’s latest push to incorporate artificial intelligence.Users will be able to shop Walmart’s assortment directly on ChatGPT by clicking a “buy” button, Daniel Danker, Walmart’s executive vice-president of AI, product and design, said in an interview. The catalogue includes apparel, entertainment, packaged food and other products from Walmart and its Sam’s Club chain.“We view this as an opportunity to deliver convenience in a way that meets…