Reason.com

A Year After the Wildfires, L.A. Homelessness Spikes

2 days agoCenter Right

Plus: A new lawsuit challenges New York's rent freeze, a study affirms new supply helps everyone, and the battle between data centers and clouded leopards.

Read Full Story at Source

Compare Perspectives

Found 8 stories

This $50 HVAC move could save you $500 a year on energy bills

New York Post

2 hours ago

This $50 HVAC move could save you $500 a year on energy bills

Save on your exorbitant energy bills.

Right

Read →

Alien Terrorist Removal Court holds its first-ever hearing after 30 years

NPR Topics: News

2 hours ago

Alien Terrorist Removal Court holds its first-ever hearing after 30 years

Congress created the Alien Terrorist Removal Court in 1996 to make it easier for the Justice Department to use classified evidence to deport people from U.S. soil.

Center

Read →

Rebellion against 'oblivious' Trump tanks Dow in worst day of the year

Alternet.org

6 hours ago

Rebellion against 'oblivious' Trump tanks Dow in worst day of the year

Many critics anticipated that when President Donald Trump appointed Kevin Warsh as chairman of the Federal Reserve, he was getting a hack who would follow Trump’s order to cut rates regardless of the explosive consequences.On Wednesday, that’s not what happened — and Trump is likely stewing.“[Warsh’s] hard line on inflation must have … surprised Warsh’s patron, President Trump,” argued American Prospect co-founder Robert Kuttner.The Federal Reserve refused to lower interest rates from its current target range of 3.5 to 3.75 percent for short-term rates. Worse for Trump, the vote of the whole fed was 9-to-3, with three regional bank presidents voting to raise the target range for the federal funds rate by a quarter percentage point. Kuttner said this was the first time since 2016 that three officials dissented in the same direction.“The split vote signals that the Fed, despite President Trump’s wishes for a rate cut, is likely to vote for a rate hike between now and the November midterms. That’s because several factors, some of them of Trump’s own making, are increasing inflation, including the Iran war and retail price increases resulting from Trump’s tariffs,” said Kuttner.The decision to keep rates steady “tanked the Dow,” according to CNN anchor Kasie Hunt, delivering “the worst trading day for more than year.”But if Trump is stomping around the White House right now he only has himself to blame, said Kuttner.“Our impulsive and oblivious president is not good at connecting dots. One set of Trump policies raises inflation, while Trump pressures the Fed to ignore the problem and cut interest rates,” said Kuttner. “In his report to Congress on July 15, Kevin Warsh … surprised many observers by ignoring the Fed’s ‘dual mandate’ to pursue both price stability and high employment. In fact, Warsh had said, “The members of our [Federal Open Market] Committee have no tolerance for persistently elevated inflation. And we share a resolute commitment to restoring price stability.”Plus, Kuttner said Warsh made no mention at all of employment, implying Trump should have seen this coming.“Bonds are under pressure because of the massive increases in the federal debt under Trump, compounded by a lot of borrowing for the AI bubble and data center build-out. In many respects, these signals are a more important factor in Fed thinking than the month-to-month inflation rate,” Kuttner said. Worse for Trump, there are two more meetings of the policy-setting Federal Open Market Committee between now and November, when Trump’s voters are likely to show Trump how unhappy they are with his economy. And the challenge facing the Fed is that the widely expected rate hike won’t even be able to act fast enough to fix what’s broken about Trump’s economy.“And since the inflation is not the result of overheated demand but of the impact of the Iran war and Trump’s tariffs, higher rates will not moderate these prices,” said Kuttner. “But leaving rates alone would signal an indulgence of inflation that Warsh and his colleagues want to avoid.”

Left

Read →

A Historic Fraser Canyon Hotel Faces Down a Wildfire

The Tyee | BC's home for today's news, analysis and updates

13 hours ago

A Historic Fraser Canyon Hotel Faces Down a Wildfire

After years of renovations, Alexandra Lodge was being returned to its former glory. A fire on its doorstep could turn it all to ash.

Far Left

Read →

The Emergency Apps You Need for Wildfire Season

The Tyee | BC's home for today's news, analysis and updates

13 hours ago

The Emergency Apps You Need for Wildfire Season

Your phone can tell you when fire approaches. But you need the right program.

Far Left

Read →

After years of feuding, Trump has a message for Rand Paul nobody expected

BizPac Review

Yesterday

After years of feuding, Trump has a message for Rand Paul nobody expected

President Donald Trump praised Senator Rand Paul, R-Kentucky, despite previous bad blood between the pair. Trump took to Truth Social on Tuesday to claim that Paul has […]

Far Right

Read →

'World Cup for sale?' Ivanka Trump in-law's looming FIFA deal sees boycott threats spike

Raw Story

Yesterday

'World Cup for sale?' Ivanka Trump in-law's looming FIFA deal sees boycott threats spike

FIFA is facing backlash after announcing it will seek outside investors to fund a newly formed commercial arm that would control operations for future World Cup tournaments.The international organization is looking to raise $4.2 billion at a $20 billion valuation to fund a newly formed commercial arm called FIFA Forward Enterprise, and among the potential investors is Thrive Eternal, an investment vehicle launched by Joshua Kushner – brother of President Donald Trump's son-in-law Jared Kushner, reported CNN."So is the World Cup up for sale?" said CNN's Kate Bolduan. "FIFA is apparently looking for new investors, which is sparking these big new questions, and people are not happy about it."The plan has enraged UEFA, European soccer's governing body, which is holding an emergency meeting to discuss the proposal, including a possible World Cup boycott, according to multiple reports."This crosses a line that football's governing institutions should never cross," UEFA said in a statement, adding that "the soul and governance of football are not assets to trade" and warning there is "zero transparency as to who gains financially.""None of us are the owners of football," the statement added. "It is not FIFA's to sell."FIFA President Gianni Infantino defended the plan as necessary for FIFA's "next stage of growth," saying it would create a dedicated commercial structure with value "shared more and better all around the world." Each of FIFA's 211 member federations could receive a roughly $20 million stake if they opt into the new subsidiary.The controversy adds to mounting political risk for Infantino, whose re-election bid could be complicated by his close relationship with Trump. House Judiciary Committee ranking Democrat Jamie Raskin (D-MD) has requested records from FIFA, including gifts given to Trump and visitor logs from FIFA's Miami headquarters and Trump Tower office.If Democrats win a House majority in November, they could gain subpoena power and potentially compel Infantino's testimony — with the election falling just two weeks before candidates must declare for FIFA's presidential vote next March.Raskin was pointed in his criticism of the investment plan, accusing FIFA of pursuing "a multibillion-dollar deal with Jared Kushner's brother to sell ownership stakes in the World Cup to private investors."Jared Kushner's own investment firm, Affinity Partners, has separately drawn congressional scrutiny for raising billions from foreign sovereign wealth funds while he leads U.S. diplomatic negotiations with those same governments.FIFA and the White House did not immediately respond to requests for comment.FILE PHOTO: U.S. President Donald Trump holds the FIFA World Cup Trophy, as he makes an announcement on the 2026 FIFA World Cup, as FIFA president Gianni Infantino stands next to him, in the Oval Office at the White House in Washington, D.C., U.S., August 22, 2025. REUTERS/Jonathan Ernst/File Photo

Far Left

Read →

MORE HEROICS REVEALED: 16-Year-Old Lifeguard Ryder Williams Made TWO More “Gnarly” Rescues After Saving Boy from Monster California Surf

The Gateway Pundit

Yesterday

MORE HEROICS REVEALED: 16-Year-Old Lifeguard Ryder Williams Made TWO More “Gnarly” Rescues After Saving Boy from Monster California Surf

Sixteen-year-old California lifeguard Ryder Williams did not stop saving lives after his heroic rescue of a 10-year-old boy from violent surf went viral. The post MORE HEROICS REVEALED: 16-Year-Old Lifeguard Ryder Williams Made TWO More “Gnarly” Rescues After Saving Boy from Monster California Surf appeared first on The Gateway Pundit.

Far Right

Read →

A Year After the Wildfires, L.A. Homelessness Spikes

Summary

Related Coverage

Daily Analysis

More Headlines From July 28, 2026

A Year After the Wildfires, L.A. Homelessness Spikes

Compare Perspectives