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Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025.Natalie Behring | Getty Images News | Getty Images Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases — by keeping interest rates high — its main goal.One consequence of tight monetary policy tends to be a slowing economy and a cooler labor market. For a while, that scenario didn’t materialize, leading many to think the Fed, under chair Jerome Powell’s piloting, had achieved the rare “soft landing,” in which…

Aug 24, 2025, 08:11 PM ETMILAN — Canada forward Jonathan David scored in his Serie A debut to set Juventus on the way to a 2-0 win over Parma in their season opener on Sunday.David joined Juventus in July on a free transfer after his five-year contract at Lille expired.Juventus ended the match with 10 men after Andrea Cambiaso was sent off seven minutes from time but substitute Dusan Vlahovic doubled the Bianconeri’s lead moments later.”It’s everything I hoped for,” said David, who was given a standing ovation when he was replaced by Vlahovic in the 80th minute. “It was…

Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea.Insung Jeon | Moment | Getty ImagesAsia-Pacific rose Monday, tracking Wall Street gains after Federal Reserve Chair Jerome Powell signaled that the central bank could begin easing monetary policy next month in his widely anticipated annual speech in Jackson Hole, Wyoming.Japan’s Nikkei 225 benchmark rose 1.08%, while the broader Topix index added 0.53%.In South Korea, the Kospi index increased by 0.75%, while the small-cap Kosdaq advanced 1.71%.Australia’s S&P/ASX 200 benchmark climbed 0.87%.Futures for Hong Kong’s Hang Seng index stood at 25,722, pointing to a stronger open compared with the HSI’s last close of 25,339.14.Elsewhere in Asia-Pacific,…

Jakub Porzycki | NurPhoto | Getty ImagesEther rose to a new record over the weekend, after hitting an all-time high Friday for the first time since 2021.The price of the second largest cryptocurrency rose as high as $4,954.81 on Sunday afternoon. It was last higher by less than 1% at $4,776.46.Meanwhile, bitcoin at one point erased all the gains from its Friday rally, falling as low as $110,779.01, its lowest level since July 10. It was last trading lower by nearly 2% at about $112,000. The flagship cryptocurrency hit its most recent record of $124,496 on Aug. 13.Stock Chart IconStock…

A trader reacts on the floor at the New York Stock Exchange in New York City, U.S., August 22, 2025. Brendan McDermid | ReutersU.S. equity futures traded close to the flatline early Monday after the Dow Jones Industrial Average catapulted to new intraday and closing records and as investors looked ahead to Nvidia earnings.Futures tied to the Dow fell by 53 points, or 0.12%. S&P 500 futures edged lower by 0.09% and Nasdaq 100 futures were lower by 0.1%.On Friday the blue-chip Dow soared 846.24 points, or 1.89%, to 45,631.74. The broad market S&P 500 rose 1.52% to 6,466.91. At its session…

Manchester United’s performance in their 1-1 draw with Fulham dampened optimism around the side and underlined the need for midfield reinforcements, according to Gary Neville.Emile Smith Rowe’s equaliser in a dramatic game at Craven Cottage cancelled out a contentious own goal by Rodrigo Muniz as Manchester United’s wait for a first Premier League win of the season continued following last weekend’s 1-0 loss to Arsenal. The opening-weekend performance at Old Trafford offered encouragement as new signings Matheus Cunha and Bryan Mbeumo impressed, but Sky Sports pundit Neville felt Sunday’s game highlighted familiar problems – particularly in midfield.Ruben Amorim persisted with…

NAPA COUNTY, Calif. (AP) — Thousands of homes are under evacuation orders and warnings because of wildfires in Northern California wine country. Firefighters backed by helicopters were working Sunday to try to contain the blazes amid dry, hot weather. Cal Fire says the Pickett Fire in Napa County north of San Francisco has grown to more than 10 square miles (25 square kilometers) and was 11% contained. The Pickett Fire burns above a vineyard in the Aetna Springs area of Napa County, Calif., on Saturday, Aug. 23, 2025. (AP Photo/Noah Berger) The Pickett Fire burns above a vineyard in the…

CARACAS, Venezuela (AP) — Venezuelan opposition leaders and civil society groups said on Sunday that the government released 13 people jailed in a crackdown by the government of President Nicolás Maduro following last year’s disputed elections.Venezuelan authorities did not immediately confirm the releases, but opposition leaders like Henrique Capriles celebrated on social media, calling it a “step forward for those behind bars.” He said eight people were freed, while five more were released under house arrest.“Today, several families have been reunited with their loved ones. We know that many remain, and we will not forget them; we continue fighting for…

Vinícius Júnior responded to being benched by coach Xabi Alonso by scoring a late goal — after earlier providing an assist for Kylian Mbappé — in Real Madrid’s 3-0 win at Real Oviedo on Sunday.Substitute Vinícius was introduced in the 63rd minute, replacing Rodrygo, with Madrid already leading 1-0 after Mbappé’s first-half strike.The Brazil international then cleverly set up Mbappé for his second goal of the night at the Carlos Tartiere stadium, before converting Madrid’s third himself in added time.Vinicius reacted angrily to his assist — appearing to shout at referee Ricardo de Burgos before teammate Mbappé covered his mouth…

Ruben Amorim said Manchester United must “grow up” as a team after extending their winless start to the season by throwing away a lead to draw 1-1 against Fulham at Craven Cottage on Sunday.Leny Yoro’s deflected header gave United the lead at 58 minutes after Bruno Fernandes had missed a first-half penalty. But substitute Emile Smith Rowe equalized for Fulham 15 minutes later.After losing 1-0 at home to Arsenal in their opening game of the season last week, United have just one point from two matches and next face a tricky Carabao Cup tie away to League Two’s Grimsby Town…