The US Federal Reserve is in an extraordinarily difficult position. American inflationary pressures still linger. And if the Fed – as it's known – cut interest rates, it could stimulate demand in everything from consumer goods to housing, and that could further stoke inflation, alongside tariff-induced inflation. At the same time, employment growth has stalled, which may push unemployment higher. This is best encapsulated by the weakened jobs market. Analysts say uncertainty around the Trump Administration's tariff policy has made bosses reluctant to hire. But while employment growth evaporates and the economy slows, inflation continues to rise. And, economists say, a fair chunk of the upward pressure on prices is coming from tariffs. The world's biggest economy appears trapped between a rock and a hard place. The Federal Reserve Chair Jerome Powell said as much at the Jackson Hole Symposium on August 22, "The downside risks to employment are rising and if those risks materialise, they can do so quickly in the form of sharply higher layoffs and rising unemployment."

The great concern for the US economy is stagflation - an economic term for rising unemployment and inflation. In this situation it's very difficult for a government or central bank to execute any effective policy to resolve the situation. An interest rate cut, for example, may help with jobs growth but it would be like pouring fuel onto an inflation fire. It's all taking a toll on the value of the US dollar, which steadily declining since Donald Trump took office in January. The US dollar index, which tracks the value of the US dollars against a basket of currencies, has fallen from 109.6 in mid-January, to around 97 now. That's an 11 per cent fall, or a "correction" in the world's reserve currency. But the US President Donald Trump said earlier this year the declining value of the dollar is all part of his plan. Analysts say Donald Trump's unease with the value of the dollar has become plain to see. For Donald Trump, a weaker US dollar solves many problems, including bringing in more tariff revenue. That's because more US dollars are needed for the same imports. A lower dollar also helps reduce US debt. But analysts warn a weaker US dollar also adds to inflationary pressures in the economy -- because it lifts the prices of imported goods, bringing the prospect of stagflation into sharp focus. The US Federal Reserve's not the only one treading nervously on a tightrope. In an increasingly uncertain world, the desire for investors and novices alike to find a safe haven for their money has grown exponentially. That's pushed the price of gold up to record highs and analysts insist the value of the precious metal is only going to increase. They point to so-called the "fundamentals" – that is, a well-argued case to logically explain the demand surge in gold. It includes strong central bank demand, and investors moving gold into their portfolios to gain exposure to the precious metal as they seek out the most traditional of safe havens. It's latest rise to dazzling heights has those responsible for billions of dollars quite nervous. "It's telling me there's uncertainty," London City investment strategist, Sahil Mahtani said. That uncertainty has caught the attention of Australia's Reserve Bank, and its chief economist. "We don't see anything immediate in front of us but that's not to say something couldn't develop, and if something develops that's when we'll respond," Sarah Hunter told The Business. Trillions of dollars across the globe stand ready for more volatility.
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Senator Cory Booker (D-NJ) presses FBI Director Kash Patel at a Senate Judiciary Committee hearing, saying Patel has "made our country weaker.”
Booker told Patel that Trump will likely soon fire him, “He is not loyal to people like you. He will cut you loose.”

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El Departamento de Guerra, bajo las órdenes del presidente Donald Trump, realizó un ataque "cinético letal" en contra de un buque presuntamente relacionado con una Organización Terrorista Extranjera (OTE), declaró el republicano en Truth Social.

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Sky News followed the US president as he visited the royal family at Windsor Castle and met with the prime minister at Chequers. They had front row seats to the pomp, politics and protests.

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Social Finance is an impact investing non-profit that aims to help low-income people to get the proper training and skills they need for in-demand jobs. WBZ-TV's Paul Burton reports.

Actor, director and activist Robert Redford died Tuesday morning at the age of 89.

Regarded as one of Hollywood’s leading men in the 1970s and ‘80s, he also launched the Sundance Institute and Festival to promote indie films.

Redford also spent his time off film sets working on causes close to him, including weighing in on political issues and environmental activism.

He sat down with the CBC in 2010 to promote his film The Conspirator.

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Dan Bongino called the attempted assassination of Donald Trump an "apocalyptic security failure" during a J13 Forum held by GOP representatives.

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For years, Vice President JD Vance came to know Charlie not merely as an ally, but as a beloved friend. Today, Vance takes up the microphone for his fallen friend and hosts The Charlie Kirk Show. Vance and others at the White House share their memories of the man who has become an immortal American hero and Christian martyr.

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Rep. Ralph Norman, R-S.C., joined 'Fox & Friends First' to discuss why he rejected the Trump-backed spending bill as the midnight government shutdown deadline nears. #FoxNews

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Former ICE director Jonathan Fahey joins 'Fox News Weekend' to speak on the ICE protests in Illinois and how the border has changed from the Biden administration.

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The fallout from President Joe Biden’s pardoning of his son Hunter Biden has consisted mostly of smug outrage from Republicans, and embarrassed attempts to explain it away from Democrats. The wide-ranging scope of the pardon, which spans back 11 years, makes the hypocrisy even more stark.

Tonight, Piers Morgan brings a variety of voices onto the show and things get more Uncensored than ever; Liberal streamer Destiny gets into a furious row with conservative radio host Ben Ferguson, while activist and comedian Francesca Fiorentini takes shots at both conservative commentator Ryan Gidursky and DNC finance committee official Lindy Li; with the latter even threatening libel! Then, Piers is joined in his London studios by former Chief of Staff to Trump, Mick Mulvaney.

Strap in folks…

00:00 - Tease
00:53 - Introduction
06:38 - Destiny on Hunter Biden’s pardon
10:47 - Ben Ferguson on Biden’s ‘crime family’
12:33 - Piers asks Francesca Fiorentini about Biden’s disservice to the Left
19:53 - Ryan Girdusky on Hunter’s pardon circumstances
33:03 - Lindy Li joins the panel to give her take on Hunter’s 11-year pardon
50:53 - Mick Mulvaney reacts to the panel’s debate: “This is why Washington is broken”
54:08 - Has Biden torched his legacy?
57:23 - Piers asks Mulvaney: “What advice would you give to Trump?”

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Senators are set to vote on a spending bill to avert a possible government shutdown. #foxnews

President-elect Donald Trump and Vice President-elect JD Vance argued that the 1,547-page interim spending bill "would give sweetheart provisions for government censors and for Liz Cheney." They also decried how the package would "make it easier to hide the records of the corrupt January 6 committee—which accomplished nothing for the American people and hid security failures that happened that day" and "would also give Congress a pay increase while many Americans are struggling this Christmas."

A streamlined version of the bill backed by Trump to avert a partial government shutdown failed to pass the House of Representatives on Thursday night. The bill, which needed two-thirds of the House chamber to pass, fell 174 to 235. The deadline to avoid a shutdown is late Friday. It comes after two days of chaos in Congress as lawmakers fought among themselves about a path forward on government spending. The national debt has soared to over $36 trillion, and the national deficit is over $1.8 trillion.

Trump and Vance said they want a streamlined spending bill that "doesn't give Chuck Schumer and the Democrats everything they want," arguing that instead "Republicans want to support our farmers, pay for disaster relief, and set our country up for success in 2025." #FoxNews

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The Veteran Women for the Land project provides resources like education and supplies among veteran women farmers and landowners. Gabrielle Roesch-McNally, the program director, said they’re working to dismantle barriers that oftentimes limit women farmers.

#farming #women #veterans

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Epic miniseries about a proud Irish farmer who migrates to America, tired of English repression and the Great Famine. He works hard and even meets the Englishwoman he once loved. The couple reunites. Then the American Civil War breaks out.

Starring:
Pierce Brosnan (2 Time Golden Globe Nominee)
Kate Mulgrew (Emmy Nominee)
Linda Purl
David Soul
Simon MacCorkindale

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A new poll reveals that 77% of Democratic voters believe current events constitute a genocide. Why aren't more Democratic leaders speaking out, despite this overwhelming consensus? #AmericanPolitics #DemocraticVoters #Israel