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Ahead of next week’s Federal Reserve meeting, relations between President Donald Trump and Fed Chair Jerome Powell have hit a low.”Families are being hurt because Interest Rates are too high,” Trump wrote in a Truth Social post on Wednesday.Trump has said he wants the Fed to sharply lower interest rates by as much as 3 percentage points to spur economic growth. (Although the central bank typically adjusts its benchmark in 25-basis-point increments, rates were slashed to near zero as recently as the Covid pandemic. “The Fed only resorts to such extreme measures in response to severe economic distress,” said Greg McBride, chief financial analyst at…

DHAKA: Paceman Sal­man Mirza grabbed three wickets and opener Sahib­zada Farhan struck an aggr­essive fifty in Pakistan’s consolation 74-run win in the third T20 on Thursday as Bangladesh took the series 2-1. Salman, playing only his third international, demolished Bangladesh’s top order with figures of 3-19 as the home team was bowled out for 104 in 16.4 overs in Dhaka. Sahibzada’s 41-ball 63 studded with five sixes and six fours got Pakistan off to a strong start and Hasan Nawaz clubbed 33 off 17 balls to help them to 178-7 after they were sent in to bat. Salman struck with…

WASHINGTON, DC – NOVEMBER 02: (L to R) U.S. President Donald Trump walks with his nominee for the … More chairman of the Federal Reserve Jerome Powell on their way to a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. (Photo by Drew Angerer/Getty Images)Getty Images It’s no secret that Donald Trump does not like how Jerome Powell is managing the Fed and monetary policy. Despite nominating Powell for the job of Fed Chair in 2017, the President lambasts Powell (who Trump has nicknamed Mr. Too Late) every time the Fed’s Federal…

WASHINGTON, DC – NOVEMBER 02: (L to R) U.S. President Donald Trump looks on as his nominee for the … More chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Current Federal Reserve chair Janet Yellen’s term expires in February. (Photo by Drew Angerer/Getty Images)Getty Images President Trump continues to aggressively criticize Jerome Powell, the Federal Reserve Chair, whom he nominated to succeed Janet Yellen in 2018. However, despite Trump’s repeated push for lower interest rates, it’s unclear that it…

Martin Barraud | Ojo Images | Getty ImagesAs President Donald Trump weighs ending capital gains taxes on home sales to bolster the housing market, experts say it’s possible to lower your bill without legislative changes.When asked about the idea this week in the Oval Office, Trump told reporters, “we’re thinking about that.”Under current law, you can trigger capital gains taxes for a primary home sale if your profit exceeds $250,000 for single filers or $500,000 for married couples filing together.More from Personal Finance:Trump floats ‘no tax on capital gains’ for home sales. Here’s who could benefitStudent loan forgiveness paused for…

Donald Trump Federal agencies Interior design Corporate news See all topics Facebook Tweet Email Link Washington  —  The Federal Reserve, one of the most notoriously tight-lipped institutions in Washington, has been suddenly thrust into an unusual situation: a high-stakes public relations battle with the White House. The central bank, under intense scrutiny from President Donald Trump and his allies, is quietly trying to mitigate any potentially inaccurate claims and attacks stemming from Trump’s upcoming Thursday afternoon tour of the Fed’s renovation site at its headquarters facing the National Mall. The White House has seized on the Fed’s $2.5 billion construction…

The Pakistan Cricket Board (PCB) said on Thursday that the national team will face England in a three-match Test series next year during the World Test Championship. In a press release, the PCB said that the test matches will be played in August and September 2026. “The first Test will begin at Headingley in Leeds on August 19, while the action will move to the Lord’s Cricket Ground in London for the second Test of the series from August 27. The two teams will lock horns in the third and final Test from September 9 at Edgbaston in Birmingham,” the…

Pakistan Cricket Board (PCB) Chairman and Asian Cricket Council (ACC) President Mohsin Naqvi on Thursday hailed the positive environment in which the council’s annual general meeting (AGM) was held and said the fate of the upcoming Asia Cup would be announced soon. The meeting, hosted by the Bangladesh Cricket Board (BCB), comes ahead of the Asia Cup tournament, scheduled to be hosted by India in September. The tournament remains in limbo amid strained India-Pakistan ties following a military encounter in May. On Wednesday, Hindustan Times reported that the Board of Control for Cricket in India (BCCI), reversing an earlier decision,…

The United States Olympic & Paralympic Committee (USOPC) has barred transgender women from competing it women’s sports in an update its policy that aligns with an executive order signed earlier this year by US President Donald Trump. “The USOPC will continue to collaborate with various stakeholders with oversight responsibilities, eg, IOC, IPC, NGBs, to ensure that women have a fair and safe competition environment consistent with Executive Order 14201 and the Ted Stevens Olympic & Amateur Sports Act,” the USOPC said in an update to its Athlete Safety Policy. The USOPC did not respond to a request for comment on…

Javelin ace Arshad Nadeem could miss two upcoming Diamond League championships next month as he undergoes post-surgery rehabilitation in London, in the hopes of a full recovery ahead of the Tokyo World Athletic Championships this September. The Olympic champion was set to travel to England this month to prepare for the World Championships, ahead of the Diamond League meet in Silesia, Poland on August 16 and Zurich, Switzerland on Aug 27-28. Last week, however, he underwent surgery on his calf muscle to address a recurring injury. The interventional procedure was done by Dr Ali Bajwa at Spire Hospital in Cambridge,…