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Fed will have “work to do” if inflation doesn’t fade, Warsh says in Jackson Hole speech

Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…

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Abdul El-Sayed distances himself from streamer Hasan Piker after remarks on Israel and Jewish Americans

Popular left-wing streamer Hasan Piker drew stiff criticism from prominent Democrats on Monday after arguing that some Jewish Americans’ support for Israel is “making antisemitism worse” — leading one of his most prominent political allies, Democratic Michigan Senate candidate Abdul El-Sayed, to say that “nobody” speaks for him. It’s the latest controversy in the hotly…

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Former senior Russian official warns “unknown sources” could attack U.K. factories making drones for Ukraine

Kyiv — Russia’s former Deputy Foreign Minister Andrei Fedorov warned Monday that factories in Britain producing drones for Ukraine could be targeted by “semi-military” or “unknown” forces in response to the U.K.’s expanding military support for Kyiv. Fedorov told the BBC’s Newsnight show on Monday that Russian President Vladimir Putin was under pressure from public opinion…

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