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May 9, 2026
Fed unlikely to cut interest rates until second half of 2027, Bank of America says
May 8, 2026 / 5:47 PM EDT Bank of America predicts the Federal Reserve will delay lowering interest rates until the second half of 2027, mainly due to strong inflation and resilient job growth. Bank of America Global Research had previously penciled in two rate cuts this year in September and October. That view was partly based on the expectation that Kevin Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, would steer policymakers toward easing monetary policy. But that ...
Go to discussionSusie Wiles' Email Demanding WH Staffers Stop Leaking to Press Is Leaked to Press
May 8th, 2026, 6:59 pm An email from President Donald Trump’s White House Chief of Staff Susie Wiles ordering staff to stop leaking to the press was leaked to the press on Friday. In the directive, written in late March and obtained by Politico’s West Wing Playbook, Wiles warned that “no staff member within the Executive Office of the President is permitted to speak with members of the news media without the explicit approval of the White House Communications Office.” “Unauthorized leaks wi ...
Go to discussionJeffrey Epstein's brother claims released suicide note is a 'forgery': report
Friday 08 May 2026 19:34 EDT Jeffrey Epstein’s brother believes his brother’s purported suicide note, released this week in court, is fake. Mark Epstein, speaking with The National Enquirer, called the document a “forgery.” “I’ve known Jeff all my life. If he was going to kill himself, if he was going to write a suicide note, he would’ve written it ‘to somebody,’ not just a blanket statement saying goodbye,” Epstein said. “I don’t buy that.” Jeffrey Epstein’s former cellmate claims to have ...
Go to discussionExperts worry 'we are not prepared' for pandemic under Trump, RFK Jr.
Updated May 8, 2026, 4:01 p.m. ET World Health Organization officials have assured that the hantavirus outbreak is not the start of a pandemic. But as more headlines emerge about the potentially deadly infection, many are reminded of the COVID pandemic − and worried about the United State's preparedness. "It's very much, we hope, under control," President Donald Trump told reporters when asked if he had been briefed on the virus. But some said his remarks don't instill confid ...
Go to discussionUS Postal Service reports $2 billion quarterly loss as cash crunch mounts
May 8, 2026 3:42 PM EDT Updated 10 hours ago WASHINGTON, May 8 (Reuters) - The U.S. Postal Service on Friday reported a net quarterly loss of $2 billion as it faces a growing financial crisis and has warned it could run out of cash as soon as February. USPS said mail volumes fell another 6.3% in the three months ending March 31 as operating revenue rose 2.3% to $20.2 billion over the same quarter last year. USPS last month said it would temporarily suspend employe ...
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