Tune In: Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook
Business

Tune In: Fed Chair Jerome Powell Discusses Interest Rate Policy and Economic Outlook

Related media - Breaking news Federal Reserve Chairman Jerome Powell will speak at the Economic Club of Washington, D.C., on Monday, providing insights into the central bank's interest rate policy and the broader economic landscape. Powell will engage in a discussion with David Rubenstein, president of the Economic Club and co-founder of The Carlyle Group. The move marks Powell’s first public comments since Thursday’s Consumer Price Index (CPI) report, which showed monthly prices for June falling. During his two-day testimony on Capitol Hill last week, Powell said the Federal Reserve now sees the risks of rising inflation and a slowing economy as more balanced. He also said the central bank does not need to wait for inflation to hit its 2% target before considering rate cuts. The Fed...
Groundbreaking Study Reveals Production of ‘Dark Oxygen’ by Seafloor Metals
News

Groundbreaking Study Reveals Production of ‘Dark Oxygen’ by Seafloor Metals

Related media - Latest news An international team of researchers has made a groundbreaking discovery: oxygen can be generated in total darkness, about 4,000 meters below the ocean surface. This surprising discovery was published in the journal Nature Geosciences Monday and challenges long-held beliefs about the origins of oxygen on Earth. The discovery focuses on potato-shaped metallic nodules found deep in the Pacific Ocean. These nodules, found at depths of about 13,100 feet, have been shown to produce oxygen through a process that does not require sunlight, overturning the traditional understanding that photosynthesis by plants and algae is the primary source of oxygen on our planet. Professor Andrew Sweetman, from the Scottish Association for Marine Science, led the research team...
LeBron James leads Team USA to victory over Germany in thrilling exhibition game
Sports

LeBron James leads Team USA to victory over Germany in thrilling exhibition game

Related media - News 24 hours The United States men's national basketball team faced a tight showdown in their final pre-Olympic game against Germany, and it was LeBron James who secured the victory for Team USA. In a dramatic finale, James scored 11 points in the final four minutes to lift the Americans to a 92-88 victory on Monday. The NBA’s all-time leading scorer sparked the comeback with a dunk, giving Team USA an 83-82 lead with less than four minutes remaining. He followed it up with a steal and a quick conversion to extend the lead to 85-82. James continued his decisive performance by hitting two free throws after being fouled on a defensive rebound, extending the lead to five points. Despite Germany's four-point run, which closed the gap to one point with 1:43 remaining, Jam...
Caeleb Dressel’s Journey to Rediscovering His Passion for Swimming
Sports

Caeleb Dressel’s Journey to Rediscovering His Passion for Swimming

Related media - Breaking news Caeleb Dressel's extraordinary performance, winning seven gold medals, may paint the image of a champion without problems, but the reality of his swimming journey tells a different story. Despite his unparalleled success, Dressel has had to contend with the intense pressures of the sport. Widely regarded as one of the world’s best swimmers, Dressel holds the world record in the men’s 100-meter butterfly, a title he took from Michael Phelps in 2019 and then bettered at the Tokyo Olympics, where he won five gold medals. But even those accomplishments have failed to shield him from disappointment. Dressel was consumed by perceived failures, whether it was a turn, the finish line, or the lead. Winning gold and helping Team USA dominate the medal cou...
From Underdog to Superstar: Scheffler Faces Unexpected Fame
Sports

From Underdog to Superstar: Scheffler Faces Unexpected Fame

More news - News 24 hours Scottie Scheffler’s rise to the pinnacle of golf has been nothing short of meteoric. Once considered a talented but unremarkable player, the American has become a global sensation in 2024. This newfound fame, however, presents a unique challenge for a man who previously held his privacy in high regard. Scheffler’s journey began with a dominant win at the Masters in 2022, cementing his place as a world-class golfer. However, his celebrity status remained relatively understated. Fast forward to 2024, and a series of events catapulted him into the spotlight. A series of major victories, including a second Masters victory, cemented his dominance. But it was a bizarre arrest in Louisville that truly propelled him into the pop culture stratosphere. Fans r...
Flag Football’s Olympic Debut: A Turning Point
Sports

Flag Football’s Olympic Debut: A Turning Point

More news - News 24 hours The inclusion of flag football in the 2028 Los Angeles Olympics is set to revolutionize the sport. This historic decision marks a significant milestone, propelling flag football onto the world stage and inspiring a new generation of athletes. By introducing flag football to the Olympic platform, the International Olympic Committee (IOC) recognizes the growing popularity of the sport and its ability to capture the attention of audiences around the world. The non-contact nature of flag football makes it accessible to a wider demographic, particularly women and young athletes, fostering greater inclusivity and participation. The Olympics will act as a catalyst for further growth and development of flag football on an international scale. With the...