its water. His prior administration allowed more water to be directed to the Central Valley and out of the delta. Environmental groups opposed that, saying it would harm endangered species, including the delta smelt.
Weekly applications for jobless benefits are seen as representative of U.S. layoffs and have mostly settled in a historically healthy range between 200,000 and 250,000 since COVID-19 throttled the economy in the spring of 2020, wiping out millions of jobs.A sense of relief swept over financial markets early Thursday after a
President Donald Trump from. Wednesday’s decision threw into doubt Trump’s signature economic policy that has rattled global financial markets, frustrated trade partners and raised fears about inflation intensifying and the economy slumping.The Trump administration quickly filed notice of appeal and the Supreme Court will almost certainly be called upon to decide the issue. It remains unclear whether the White House will respond to the ruling by pausing all of its emergency power tariffs in the interim.
or dialed down many of his tariff threats, but concerns lingered about a global economic slowdown upending a robust U.S. labor market.In early May, the Federal Reserve
for the third straight meeting after cutting it three times at the end of last year.
Fed chair Jerome Powell said the potential for both higher unemployment and inflation are elevated, an unusual combination that complicates the central bank’s dual mandate of controlling prices and keeping unemployment low. Powell said that tariffs have dampenedThis go-round, the trio is
, all scheduled to be on court Sunday in fourth-round action at Roland-Garros.“Yeah, about time,” joked
, who advanced Saturday and was one of five U.S. women in the round of 16,, Madison Keys, Amanda Anisimova and Hailey Baptiste. “It’s exciting to see. Obviously you want to see your fellow countrymen do well on the other side, and I’m always actually keeping up with them quite a lot. So I hope they keep it going.”