House Minority Leader Hakeem Jeffries (D-N.Y.) told reporters on Sunday that Democratic National Committee (DNC) Chair Ken Martin “has my full support” after multiple news outlets detailed an increasingly stressed national party chair struggling with morale. “The chairman has my full support,” the top House Democrat said while campaigning in Pennsylvania, according to NOTUS. “We look forward to our continued partnership.” The…
Three were killed and four were wounded in a shooting at a Seattle food festival Sunday evening that police believe was between two people shooting at each other, police told CBS News.Seattle Assistant Police Chief Tyrone Davis said at a late-night press conference that one of the shooting suspects was arrested but the other one was still at large, the news network noted.'I heard bang, bang, bang, and I heard yelling, straight yelling.'Davis told CBS News that officers working in the area confronted one shooter, which prevented more people from being shot, and that two guns were recovered.Of the seven shooting victims, CPR wasn't successful on two of them, and they were pronounced dead at the scene; a third victim, a 56-year-old woman, later died at Harborview Medical Center, the news network said.A 2-year-old boy, 39-year-old woman, and 23-year-old man also were taken to Harborview and were in stable condition, Davis told CBS News, adding that a 40-year-old woman with minor injuries didn't want to go to the hospital but later went to the University of Washington Medical Center.CBS News said the shooting took place around 6 p.m. near the Seattle Center, a popular tourist spot that includes the Space Needle and the sports arena that's the home of the Seattle Kraken and Seattle Storm. The news network said the area was filled with attendees of the annual Bite of Seattle food festival.RELATED: Video: Suspect opens fire on Texas SWAT team serving arrest warrant; but cops shoot back — 1 right through his own windshield Witnesses told KING-TV they heard sounds resembling firecrackers and people fleeing the area and diving for cover."I heard bang, bang, bang, and I heard yelling, straight yelling," a witness noted in the KING interview.Adya Sengupta told the station she took cover in the Seattle Armory and that Seattle Fudge brought dozens of bystanders into the storefront to shelter in the event center."Inside the Seattle Armory was crazy, within seconds maybe 60-plus people had flooded the doors inside, all running toward that back corner with Seattle Fudge," Sengupta added to KING.CBS News said the federal Bureau of Alcohol, Tobacco, Firearms, and Explosives indicated Sunday night that several of its agents were at the scene, and that Seattle police would lead the investigation. The news network added that Washington Gov. Bob Ferguson (D) said the state SWAT team also responded at the request of Seattle police.Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!
Four people, including a toddler, were wounded in the violence and one suspect was arrested, authorities sayThree people were killed and four others – including a toddler – were wounded in a shooting on Sunday evening during a food festival at an events complex near the Space Needle in Seattle, a city fire department spokesperson said.One suspect was arrested in the aftermath of the deadly violence, and a search for a second suspect continued into Monday, according to authorities. Neither suspect was identified, and no description on the one who remained on the loose was immediately available.The AP contributed reporting Continue reading...
Israeli Prime Minister Benjamin Netanyahu responded on Sunday to New York City Mayor Zohran Mamdani's threats to enforce an International Criminal Court arrest warrant against him when he lands in New York for the UN General Assembly. The Prime Minister is traveling to the United States this week for an eighth sit-down with President Trump at the White House.
The post WATCH: “He’s Tormenting His Own Citizens” – Netanyahu Slams Mamdani in Response to Arrest Threats, Says He Will Attend UN General Assembly in New York appeared first on The Gateway Pundit.
The Federal Reserve typically telegraphs its interest rate moves in advance, then follows through. This week will provide the clearest evidence yet on whether chairman Kevin Warsh is ending the era of the no-surprises Fed.The big picture: Markets are now putting meaningful odds on the Fed delivering an interest rate hike at the conclusion of its two-day meeting this week.If the Federal Open Market Committee were to do so, it would suggest a new era in which the central bank is less predictable — accepting more volatility and surprise as the price to be paid for greater policy nimbleness.State of play: In the final public communications before the Fed entered its pre-meeting blackout period, signs were pointing to the FOMC leaving rates unchanged at this meeting, but holding out the possibility of a future rate hike if inflation doesn't move down.Since then, there has been a re-escalation of hostilities in the Persian Gulf that sent oil prices and longer-term bond yields upward.That led traders to put greater weight on the possibility of a rate hike — currently about 34% in the CME's FedWatch tool, up from 16% a week ago.Zoom out: Warsh often speaks of not pre-judging the outcome of policy meetings and of officials going in with an open mind and having a "family fight" decide optimal policy.That would imply a wider aperture of potential moves (or non-moves) than has been the norm under his immediate predecessors.Yes, but: The flip side of greater agility in policy is that there is more risk of appearing skittish and overly reactive to the latest headlines.If Fed officials were inclined to be a bit more patient on raising rates 10 days ago, should a $10 move in the price of crude oil (much of which has already reversed itself) really shake those plans?Warsh will face pressure in a post-meeting news conference Wednesday to explain either a move or non-move more clearly than he has been inclined to do in his public comments to date.What they're saying: "Since markets have priced in about a one-third chance at this meeting, there will be some surprise no matter what the FOMC does," Bill English, a former top Fed economist, tells Axios."They should do the right thing, given the information they have," adds English, now a professor at the Yale School of Management. "I don't see a problem with the Committee surprising markets at a particular meeting — that should happen from time to time," he says. "But I do see a problem with not explaining the reasoning behind a move (or lack of move) because that could lead markets to react unexpectedly."Of note: The European Central Bank left interest rates unchanged last week, with Warsh's European counterpart Christine Lagarde arguing that policymakers could not overinterpret fast-moving swings in oil prices while the conflict remained unresolved."We have seen so abrupt changes, occurring in a matter of days, not just in terms of the level of the conflict but also the consequences in terms of energy prices," Lagarde told reporters.A brief history of surprise Fed rate movesIn recent decades, the Fed has surprised markets most often when it aims to send a deliberate shock through the system.In the 2008 global financial crisis, and again in the 2020 onset of the pandemic, several emergency meetings resulted in supersized rate cuts, intended to instill confidence that the Fed wouldn't allow an economic collapse.Conversely, supersized interest rate hikes starting in June 2022 hoped to signal the Fed's resolve to contain inflation.The intrigue: Those were undertaken in extreme circumstances — not just routine adjustments to try to recalibrate rates based on the state of the economy, but rather moments when the surprise itself was part of the goal.And even in those cases, the moves weren't complete shocks on the day of the meeting. In June 2022, a last-minute pivot to a supersized 0.75-point rate increase was preceded by press reports foreshadowing the decision.Flashback: When the FOMC met in September 2008, two days after Lehman Brothers failed, it elected not to adjust interest rates. Many officials spoke of the need to wait to see how the event rippled through the economy before taking action."In uncertain circumstances like these, I think it would be unwise to react too hastily to a fluid situation," said then-St. Louis Fed president James Bullard.Zoom in: The downside of surprising markets was evident with the "taper tantrum" in May 2013, when chairman Ben Bernanke said the Fed could soon begin slowing its quantitative easing policies.That took bond markets by surprise and fueled a sell-off, driving longer-term interest rates sharply higher at a time when the U.S. economic recovery was tenuous — which hadn't been Bernanke's intention.The episode weighed on then-governor Jerome Powell, who said in a September 2015 policy meeting that he didn't want to raise interest rates until market odds were "way north of 50 percent.
The wife of Kansas City Chiefs offensive coordinator Eric Bieniemy was shot Sunday at their home in the Northern Virginia suburb of Ashburn, police said. The shooting, which was first reported by ESPN, occurred on the 20000 block of Northpark Drive, where police said they were called just after 7:30 p.m. ESPN reported that Mia…
The gunfire erupted around 6 p.m. Sunday in the waning hours of the Bite of Seattle, an annual three-day festival that draws hundreds of food and retail vendors and performers.
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