Ariana made headlines in June for putting the “Real Housewives of Atlanta” alum’s spending on blast during the premiere of “Next Gen NYC.”
Month: August 2025
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- Trump called Fed Chair Jerome Powell a “moron” after the central bank held rates steady once again.
- The president has consistently pressured Powell to cut interest rates since taking office in January.
- Powell stayed firm on Wednesday, saying cutting too soon risks reigniting inflation.
President Donald Trump lashed out at Federal Reserve chair Jerome Powell once again on Friday, calling him a “stubborn MORON” in his strongest attack yet in a monthslong campaign to push the Fed to cut rates.
“Jerome “Too Late” Powell, a stubborn MORON, must substantially lower interest rates, NOW,” Trump wrote in a post on Truth Social.
“IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!”
It comes after the Fed, citing persistent inflation and a still-strong labor market, opted Wednesday to maintain its benchmark rate.
Two Fed governors dissented, calling for cuts, but Powell said the majority of officials supported a “moderatively restrictive” stance to avoid reigniting inflation.
Trump’s comments also come amid speculation that he may try to replace Powell before his term expires in May 2026.
Cabinet officials have echoed Trump’s frustration. Treasury Secretary Scott Bessent recently accused the Fed of “fear-mongering” over tariffs, and Commerce Secretary Howard Lutnick said Powell is “torturing America” with high rates.
Despite the criticism, Powell held firm. “If we cut rates too soon, maybe we didn’t finish the job with inflation,” he said on Wednesday. “If we cut too late, maybe we’re doing unnecessary damage to the labor market.”
Read the original article on Business Insider
Donald Trump signed an executive order on Thursday increasing tariffs on Canadian goods imported to the United States from 25% to 35%
Good morning and welcome to our rolling coverage of US politics as Donald Trump has signed an executive order ranging from 10% to 41% on imports from dozens of trade partners in his latest attempt to reshape the global economy.
The order applies to 68 countries and the 27-member European Union. Rates were set at 25% for India’s US-bound exports, 20% for Taiwan, 19% for Thailand and 15% for South Korea.
World stock rates have fallen. Germany’s DAX index has dropped by 1.1% at the start of trading in Frankfurt, while France’s CAC fell by almost 1% and Spain’s IBEX lost 0.6% – even though Europe reached a trade deal with the US at the start of this week.
Historian Rashid Khalidi has cancelled plans to teach this fall at Columbia University in response to the school’s recent agreement with the Trump administration.
A federal judge has ruled against the Trump administration’s plans and extended temporary protected status (TPS) for 60,000 people from Central America and Asia, including people from Nepal, Honduras and Nicaragua.
The US dollar has hit its highest level in two months against a basket of currencies today. The dollar index has risen by 0.1%, on track for its seventh daily rise in a row.
The court is awaiting a medical assessment of Lady Eleanor Donaldson.
The San Diego Padres had an impressive trade deadline and could be on their way to finishing with the best record in the National League.
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Before leaving her life on the East Coast, Bee could only eat broccoli, coconut, and chicken, and she was exhibiting new reactions by the week.