"Li from NPR News, I'm Lakshmi Singh.
Investors now think the Federal Reserve is likely to raise interest rates as early as next month.
“NPR Scott Horsley reports the shift comes after speech this morning by Fed Chair Kevin”
Worsh. Speaking to a gathering of economists and central bankers in Jackson Hole, Wyoming, Worsh described the labor market as stable, consumer spending, as resilient, and business investment, especially in artificial intelligence, as strong. The source spot in the economy, so far as Worsh's concern, is inflation.
"Flation is running above our two percent target. So the Fed's predominant focus, right now, should be on prices." While Worsh remained tight-lipped about where he thinks interest rates are going, investors took his remarks as a signal that a rate hike could be coming as early as September. Three members of the Fed's rate setting committee were already pushing for a rate hike
at the last Fed meeting when the central bank held its benchmark rate steady. Scott Horsley, in Piano, is Washington. The AI company in Theropics says it welcomes a ruling by federal judge at the Trump administration acted illegally by blacklisting it earlier this year. The judge said the move amounted to unlawful retaliation for constitutionally protected speech,
and Piers John Ruich with more.
“The ruling stems from a festering dispute between anthropic and the Pentagon.”
The two sides disagreed earlier this year over how the military could use anthropics AI, and in February Defense Secretary Pete Hegsev designated anthropic a national security supply chain risk. That label has been used in the past for institutions affiliated with foreign adversaries, like China, Iran, North Korea, and Russia.
Anthropics sued the Pentagon in March. The ruling in its favor issued Thursday says the government illegally blacklisted anthropic
trying to make an example out of them because they were critical of the administration's
views. The statement Anthropics says it's focused on working productively with the government to harness AI for national security, John Ruich and PR news. Juris have resumed deliberations in Lindsey Clancy's trial and plymoth Massachusetts. Debra Becker, if myversation of U.B. war is covering the case in which the jury is deciding
if the labor and delivery nurse should be how criminally responsible for strangling to death her three young children in 2023. Here are a couple of options for the jury, which is made up of nine women in three men. Those include convicting her a first-degree murder or finding her not guilty because of her mental health.
Now to reach that verdict, they'd have to find she did not know right from wrong or that she could not obey the law. Now these so-called insanity defenses rarely succeed. But in this case, criminal defense attorney say a jury might believe that the only reason no mother would do something like this is if she was mentally ill.
Debra Becker reporting an inspection contractor finds a chemical tank in a paper mill in Washington State was unfit for service less than a year before its operational failure resulted in 11 deaths. This is NPR news. At least one person is dead after Russia launched another wave of drone attacks on Ukraine's
capital key and nearby regions. The latest Russian assault comes as President Vladimir Putin has vowed to punish Ukraine for its own drone strikes on Russian infrastructure. From Moscow and Piers Charles Mains has the latest. In recent comments, Putin has said Ukraine had opened "pendoors" box with its sustained
drone attacks inside Russia and promised up the pressure on Ukraine in return. On Friday, that came in the form of repeat Russian drone strikes on more than a dozen homes as well as shipping and commercial warehouses and turned Ukraine struck an oil facility to the northeast of Moscow, the latest in a string of attacks on Russian energy infrastructure that have caused gas shortages nationwide.
With fighting along the front line, you'll be in little games for either side, both Ukraine
and Russia have up to attacks on critical infrastructure and attempt to damage one another's
economies and undermine public morale. Charles Mains and Piers News. Moscow Your way is morning Europe's oldest monarch, the palace confirms King Harald died this morning in Oslo at the national hospital.
He was 89 years old. The Norwegian monarchies serves a largely symbolic role in a democratically governed country of more than five and a half million people. But Prime Minister, Unisgar Stura says, quote, "The people of Norway are left with a deep sense of gratitude for a long life in the service of Norway, adding it continues to mourn
the monarch." I'm Lakshmi Singh, NPR News. Fall is right around the corner. That means the midterms. Hey, it's Miles Parks from the NPR Politics podcast.
Now is the perfect time to calibrate your news diet for the fall.
Follow our show for short daily episodes that will help you stay ahead of the most important
“midterm storylines that you need to follow.”
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