News

The Federal Reserve kept interest rates unchanged on Wednesday, citing uncertainty about the impact of the Trump administration's trade and economic policies. The central bank acknowledged that the economic outlook has become more uncertain and that it would be prepared to adjust its monetary policy stance if necessary.

A federal judge has temporarily blocked the EPA's attempt to cancel over $20 billion in climate grants awarded under the Biden administration, ruling that the agency had not provided sufficient evidence of waste and fraud. The judge's decision comes after several grant recipients sued the EPA over breach of contract and other claims.

Donald Trump's media company, DJT, saw its stock price surge 18% on Monday, potentially reflecting Trump's improving odds of winning the November 5 election. The company's core asset, Truth Social, recently launched its streaming service, Truth+ TV, and Trump remains the company's biggest shareholder.

Scientists at the National Ignition Facility in California have achieved a breakthrough in fusion energy, generating more energy than consumed in a reaction, marking a significant step towards a clean and limitless energy source. This advancement could revolutionize the energy sector and address climate change concerns.

A judge and the Trump administration are locked in a legal battle over the deportation of alleged gang members, with the judge demanding details and the administration invoking state secrets privilege to protect national security. The dispute centers on the use of the Alien Enemies Act, which allows for deportation without due process, raising concerns about indefinite detention.