Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty ImagesFederal Reserve Governor Lisa Cook is asking a U.S. appeals court to reject the Trump administration’s latest bid to remove her from her post ahead of the central bank’s next vote on interest rates.In a filing with the court Saturday, attorneys on behalf of Cook asked the court to refuse an emergency request by the Trump administration for a stay of…
Author: usaeverydaylife
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters as Senate Democratic leaders hold a press conference following their weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Sept. 9, 2025. Elizabeth Frantz | ReutersCongressional Democrats are zeroing in on health care as a key sticking point in negotiations with the threat of a government shutdown looming.Senate Democratic Leader Chuck Schumer and House Democratic Leader Hakeem Jeffries, both of New York, have said that they will not support GOP-backed legislation to keep the government funded unless it includes certain health-care provisions, setting up a bitter policy fight with GOP…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | ReutersWASHINGTON — President Donald Trump said he hopes the nation will heal following the assassination of conservative activist Charlie Kirk, though he suggested in an exclusive interview Saturday with NBC News that a “radical left” contingent in the country stands as a barrier to reconciliation.”I’d like to see it [the nation] heal,” the president said in a brief telephone interview. “But we’re dealing with a radical left group of lunatics, and they don’t…
Inflation has picked up since President Donald Trump announced new import tariffs in April, with the latest consumer price index data showing outsized increases in tariff-sensitive categories, including coffee, toys and televisions.Overall prices rose 2.9% in August from a year earlier, up from 2.7% in June and July, according to CPI data released Thursday. The CPI measures the cost of a broad basket of everyday goods and services, including groceries, rent and medical care.That leaves inflation drifting farther from the Federal Reserve’s target of 2%. Core inflation, which excludes volatile food and energy prices, rose 0.4% in August, the biggest monthly…
After a historic drought that paralyzed vessel transits through the Panama Canal, the Panama Canal Authority is moving ahead with major investments in new infrastructure to mitigate future droughts and the risk of low water levels that in recent years plagued the key global trade gateway.The Panama Canal depends on fresh water for its operations and is rainfall dependent.”We use about two and a half times the amount of water a city of the size of New York uses for the canal operation,” Ricaurte Vásquez, Administrator of the Panama Canal Authority, told CNBC.In a good year of rain, that means…
It was a stellar week for stocks as Wall Street speculated on the Federal Reserve’s upcoming and highly anticipated interest rate decision and what comes next. The S & P 500 and Nasdaq each hit multiple record highs since Monday. A mixed bag of economic data, along with a blowout earnings report from Oracle , paved the way for the market’s gains as central bankers prepare for their two-day policy meeting that concludes on Sept. 17. The Nasdaq closed at a record on Friday. The S & P 500 finished slightly lower after reaching new intra-day highs earlier in the…
In recent years, lip oils have become more popular among beauty consumers. Similar to lip gloss, the oils give the lips a glossy appearance, but they also double as skincare products that are designed to keep lips hydrated.”When they’re doing the right thing, lip oils promote shine and hydration, and they can even promote plumping of the lips as well,” says Dr. Rebecca Small, clinical professor at University of California, San Francisco.But ingredients matter, Small says. “Patients do sometimes report increased pigmentation on their lips as a result of using these products.”A popular lip oil began trending on TikTok with…
When my boyfriend asked to move in with me in 2017, I said no. We’d been dating for a year, and both of our New York City leases were about to expire. We’d save so much money if we lived in just one place, he said. But I panicked. Our lives felt so boring. We were on track to follow the traditional relationship playbook. Next we’d get married, then we’d have kids, and before we knew it, our iron-clad routines would guide us straight to a retirement home.Instead, I argued, we should do something different. We sold 90% of our belongings,…
When Neil Hershman, the 30-year-old CEO and majority owner of frozen yogurt chain 16 Handles, visits his self-serve dessert shops, he keeps it simple. His go-to order: a plain tart-flavored swirl with strawberries, blueberries, chocolate chips and hazelnut crunch.And no, he does not eat frozen yogurt every day — just a few times a week, he says.In 2024, New York-based 16 Handles brought in $20.6 million in systemwide sales, and in the first six months of 2025, systemwide sales reached $12.5 million, according to documents reviewed by CNBC Make It.Once crowded with brands like TCBY, Yogurtland and Menchie’s, the self-serve…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | ReutersPresident Donald Trump said Saturday he is “ready to do major Sanctions on Russia” once all NATO countries have started “to do the same thing” and pause their purchases of oil from Moscow.He also urged NATO countries to impose “50% to 100% TARIFFS ON CHINA,” which he said should be withdrawn after the Russia-Ukraine war has concluded.”China has a strong control, and even grip, over Russia, and these powerful Tariffs will break that…
