Trump’s new Fed Governor says resisting further rate cuts risks jobs
Stephen Miran, in his first public remarks since taking the post, argues the Fed should ease policy more to protect employment.
Stephen Miran, in his first public remarks since taking the post, argues the Fed should ease policy more to protect employment.
Stephen Miran argues for as much as a 2.5 percentage-point cut this year, breaking with the Fed's pace after a 25-basis-point reduction; he was sworn in just before the meeting amid debates over central-bank independence.
A new ranking finds Arkansas offers the most affordable living costs, while California remains the costliest state.

A six-acre proposal near the United Nations was rejected 4-2 by a state-commissioned advisory committee, ending Manhattan's pursuit of a casino for now.
Cash deal accelerates Pfizer's strategy in a fast-growing obesity-drug market as competition tightens
Administrators say rising costs, delayed online transition and a funding shortfall led to the decision to shutter the remaining stores
56 stores to close by Saturday; sale of the stores unlikely; administrators pledge support for affected workers
Forecast sees GDP up 1.2% this year and 1.1% in 2026; inflation and unemployment remain elevated; BoE cuts expected.
Deal bundles Sky broadband with TV and streaming, lapsing on 25 September, and includes a £30 voucher after verification; speeds range from 50 Mbps to 500 Mbps with no setup fees on a 24-month term.