Breaking News: The Fed is preparing to restart interest rate cuts, its chair, Jerome Powell, signaled in a closely watched speech

https://www.nytimes.com/2025/08/22/business/powell-speech-jackson-hole-fed-inflation.html

Federal Reserve Chair Jerome Powell signaled greater concern about the job market outlook in a speech that opened the door for the central bank to entertain a rate cut next month

https://www.wsj.com/economy/central-banking/powell-highlights-job-market-worries-opening-path-to-rate-cut-4169a7ba

Powell: "This slowdown is much larger than assessed just a month ago, as the earlier figures for May and June were revised down substantially. But it does not appear that the slowdown in job growth has opened up a large margin of slack in the labor market, an outcome we want to avoid."

Trump: We're going to see if Putin and Zelensky will be working together... They don't get along too well for obvious reasons, but we'll see.

Trump shows his photo with Putin. Trump says Putin may be coming for the 2026 World Cup.

Trump on Ukraine:

Over the next two weeks, we are going to find out which way it is going to go.

Reporter: How long will you give Putin?

Trump: A couple of weeks.

Trump:

I will make a very important decision in two weeks if the Ukraine war is not settled.

We will see whether or not we impose massive sanctions or we do nothing.

Trump on Ukraine:

I will see whose fault it is if they don't make a deal. I know what I am doing.

Trump: I settled 7 wars, and actually if you think about pre-wars, add 3 more so it would be 10.

BREAKING: The Justice Department has released the transcript and audio recording of Deputy Attorney General Todd Blanche’s two-day interview last month with Jeffrey Epstein’s imprisoned associate Ghislaine Maxwell

https://www.justice.gov/maxwell-interview

Ghislaine Maxwell told Deputy AG Todd Blanche she had no incriminating info on high-profile figures tied to Jeffrey Epstein, denying the existence of a “client list” or blackmail scheme.

She insisted she never saw Trump, Clinton, or other well-known associates engage in wrongdoing.

Israeli soldier posted a POV video of herself bulldozing olive trees in the Palestinian village of Al-Mughayyir (NE of Ramallah).

Reports say 8,000–10,000 olive trees were destroyed, along with arrests and home raids.

Netanyahu:

We must shorten the war quickly, and deal with social media algorithms.

It’s very hard to fight the deception, the lies.

Israeli armored units have begun moving into Gaza City ahead of a major invasion