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The Fed was expected to hike interest rates in September. Don’t bet on that now, economists say.

What a difference a day can make for monetary policy.  On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…

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Lindsay Clancy’s family nanny testifies at murder trial: “A wonderful mom who loved her kids”

On Day 7 of testimony in the Lindsay Clancy murder trial, the last nanny hired by the family testified that the Duxbury, Massachusetts, mother was “a wonderful mom who loved her kids.” Clancy is charged with first-degree murder in the deaths of her three children: 5-year-old Cora, 3-year-old Dawson and 8-month-old Callan. She’s admitted to…

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Abdul El-Sayed calls for unity amid tight Senate race: “There’s a lot of healing to do after a hard-fought primary like this”

Former Michigan health official Abdul El-Sayed, who is narrowly ahead in the state’s Democratic Senate primary, said Wednesday that “there’s a lot of healing to do after a hard-fought primary like this.” “But I have said that this is a big open movement. We welcome anybody and everybody who understands that we need a government…

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Trump administration calls itself the most transparent. Yet few details of the Iran war have been shared.

In his first month on the job, Defense Secretary Pete Hegseth promised it “would be the most transparent administration ever,” offering a sharp contrast with the previous wars in Iraq and Afghanistan that critics said had been shrouded in secrecy and misleading public statements.  Now, as the American-led war against Iran enters its sixth month,…

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Anthropic reveals Claude “gained unauthorized access” to “real-world systems” during testing

Anthropic’s artificial intelligence model Claude “gained unauthorized access” to three outside organizations on three separate occasions during testing that was supposed to keep them away from “real-world” systems, the company said on Thursday. The announcement comes just days after rival OpenAI first revealed that its models improperly accessed the internet and went rogue during security…

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