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Jerome Powell faces his biggest test yet in high-profile speech

Jerome Powell faces his biggest test yet in high-profile speech

Federal Reserve Chairman Jerome Powell will face his most serious test in the job yet when he speaks Friday at the annual economic powwow in Jackson Hole, Wyoming. He is facing tremendous political pressure from President Donald Trump, and expectations from many investors, to deliver more rate cuts. Powell will need to assure markets —…MORE

Strong winds sweep restaurant employees off their feet during storm

Strong winds sweep restaurant employees off their feet during storm

Zach Balogh and his roommate were sitting in their living room in Clemson, South Carolina, as winds started to howl when they heard the piercing beeps and buzzes of storm alerts. They ran to their window to take in the tumultuous scene outside. Across the street at a restaurant, the Esso Club, employees were struggling…MORE

Wall Street Journal: MLB to block players from playing in Venezuelan league due to embargo

Wall Street Journal: MLB to block players from playing in Venezuelan league due to embargo

Major League Baseball will not allow its players to play in the Venezuelan Professional Baseball League this coming winter while determining how to follow the Trump administration’s new economic sanctions on Venezuela, the Wall Street Journal reported Thursday, citing several people familiar with the matter. The ban affects major- and minor-league players, the people told…MORE

KFC reignites the fast food wars with mac and cheese bowls

KFC reignites the fast food wars with mac and cheese bowls

The chicken sandwich war is over. The latest fast food feud is all about mac and cheese. Just weeks after Chick-fil-A rolled out its new mac and cheese side, KFC is debuting a new mac and cheese of its own — but not as a side dish. KFC is topping its classic mac and cheese…MORE

Attorneys general and telecoms announce plan to tackle illegal robocalls

Attorneys general and telecoms announce plan to tackle illegal robocalls

Twelve of the nation’s largest telecommunications companies and attorneys general from all 50 states plus DC announced a voluntary agreement Thursday to prevent and punish illegal robocallers. It’s the latest move by regulators and law enforcement to push back against the growing tide of unwanted and even illegal calls from telemarketers and scammers. “A great…MORE