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Powell acknowledges labor market slowdown but rejects fears of steep decline

Business

Powell acknowledges labor market slowdown but rejects fears of steep decline

Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last week for the third straight time, with a fresh jobs report due out on Tuesday.Powell spoke at a press conference after Federal Reserve policymakers voted to lower the benchmark federal funds rate by 25 basis points to a range of 3.5% to 3.75%, amid signs of a weakening labor market and […]

todayDecember 15, 2025 17

FDA rolls back ‘red tape’ in move aligned with Trump push to speed up new cures

Business

FDA rolls back ‘red tape’ in move aligned with Trump push to speed up new cures

Echoing President Donald Trump’s call to accelerate medical innovation, Food and Drug Administration (FDA) Commissioner Marty Makary announced that the agency will no longer block companies from submitting real-world data in drug and device applications. He says the shift will cut costs, reduce delays and open the door to faster cures."One thing we've got to do is deliver on President Trump's goal to give more cures and meaningful treatments to […]

todayDecember 15, 2025 14

‘Aggressive’ new flu variant sweeps globe as doctors warn of severe symptoms

Health

‘Aggressive’ new flu variant sweeps globe as doctors warn of severe symptoms

Flu season is among us, and a new strain has emerged as a major threat.Influenza A H3N2, or the subclade K variant, has been detected as the culprit in rising global cases, including in the U.S.In an interview with Fox News Digital, Dr. Neil Maniar, professor of public health practice at Boston’s Northeastern University, shared details on the early severity of this emerging strain.MAJOR MEASLES OUTBREAK LEADS TO HUNDREDS QUARANTINED […]

todayDecember 15, 2025 14

Older Americans lost up to $81.5B in the past year to financial fraud, FTC report says

Business

Older Americans lost up to $81.5B in the past year to financial fraud, FTC report says

Scammers are draining seniors’ life savings at staggering rates, a new Federal Trade Commission report shows, with older Americans reporting about four times more in fraud losses in 2024 than in 2020.Main findings from the FTC’s Protecting Older Consumers 2024-2025 report show that reported fraud losses for adults 60 and older exploded, with about $2.4 billion lost to scams in 2024 — up from about $600 million in 2020.However, the […]

todayDecember 15, 2025 11