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Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history.What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not insignificant dose of trying to preserve vestiges of independence at a time when the normally sacrosanct institution is facing enormous political pressure.If Friday’s speech at Jackson Hole, Wyoming, goes at all like Powell’s first seven-plus years in office, it will feature a calm and collected veneer…

Aug 21, 2025, 03:27 PM ETBUENOS AIRES, Argentina –More than 100 fans were arrested after violence erupted in the stands during a Copa Sudamericana match between Independiente and Universidad de Chile and left at least 20 people injured, one of them in critical condition, local authorities said Thursday.Images showed two fans jumping, or falling, from the upper deck of the stands to escape the attack, and another collapsed after being hit in the head with a stick. Several other fans, some in their underwear, were covered in blood and trying to evade the attackers.The violence led to the match –…

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersElon Musk’s Tesla is facing a federal probe by the National Highway Traffic Safety Administration after the U.S. auto safety agency found that the company was not reporting crashes as required.According to documents posted to NHTSA’s website on Thursday, the agency’s Office of Defects Investigation had “identified numerous incident reports” from Tesla concerning crashes that had “occurred several months or more before the dates of the reports” to the agency.The delayed reports were…

Eberechi Eze pulled out of the Crystal Palace squad on the morning of their first-ever major European fixture, in which Jean Phillippe-Mateta scored to earn them a 1-0 victory over Fredrikstad.Palace manager Oliver Glasner revealed Eze felt “not ready to play” in their UEFA Conference League qualifying play-off first leg ahead of his transfer to Arsenal, although the forward did attend the match at Selhurst Park, but kept a low profile. Eze’s move dominated the pre-match build-up ahead of a historic night for Palace in Europe, albeit not in the competition they wanted after being demoted from the Europa League.…

After years of stock market growth, many investors are sitting on large profits in taxable accounts, which could trigger hefty capital gains when sold.  That bill can be significant for wealthy Americans, with a 20% top capital gains rate, plus 3.8% net investment income tax, depending on earnings.  One solution, known as a 351 conversion or exchange, allows higher earners to transform appreciated assets into shares of new exchange-traded funds. The strategy seeds ETFs before launch, and the original investor defers capital gains until selling their shares.For some investors, the strategy is “like magic,” said certified financial planner David Haas, president of…

Sdi Productions | E+ | Getty ImagesMortgage rates have declined in recent months, and with the potential for a Federal Reserve rate cut this fall, it’s smart for homeowners with high interest rates to start preparing for the opportunity to refinance, experts say.Last week, mortgage rates slightly edged higher. According to the Mortgage Bankers Association, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.68% from 6.67% for the week ending Aug. 15.But generally, rates have been edging down, reaching a 10-month low earlier in August.Lower mortgage rates often result in…

The new Cracker Barrel logo is seen on a menu inside the restaurant on Aug. 21, 2025 in Homestead, Florida.Joe Raedle | Getty ImagesShares of Cracker Barrel Old Country Store plummeted roughly 10% on Thursday after the restaurant unveiled its new logo earlier this week as part of a larger brand refresh.The new logo removes the image of a man leaning against a barrel that was prominently featured in the original, leaving behind just the words “Cracker Barrel” against a yellow background. The phrase “old country store” has also been removed.The company said the colors in the logo were inspired…

Wrexham have completed a deal for Manchester City defender Callum Doyle, the clubs announced Thursday.The Championship side signed the 21-year-old for a fee of £7.5 million ($10m), sources told ESPN. City have included a buy-back clause and a 25% sell-on clause in the deal.He has signed a four-year contract at the STōK Cae Ras.- Promoted Wrexham snubbed at PFA Awards- Hollywood duo praised for Wrexham spending- Reynolds: Mac and I don’t call shots at WrexhamDoyle’s arrival is another major signing for Wrexham, who have already broken their transfer record this summer to sign forward Nathan Broadhead for a fee which…

HOLLY SPRINGS, N.C. — A hallway as long as three football fields connects four buildings at Fujifilm Biotechnologies’ new biologics manufacturing plant in Holly Springs, North Carolina.The first two buildings are preparing to open this fall to produce drug substance, essentially the base of biologic drugs, for Fujifilm’s initial customers Regeneron and Johnson & Johnson. The second two facilities are still under construction, with plans to open in 2028.Fujifilm’s timing couldn’t be better, as President Donald Trump threatens to impose tariffs on pharmaceuticals to encourage companies to make more medicines in the U.S. But the plans for this complex were…

KUWAIT: Ministry of Health officials hold a meeting in Ahmadi Governorate, at the invitation of Governor Sheikh Hamoud Jaber Al-Ahmad Al-Sabah, and in the presence of Minister of Health Dr Ahmad Abdulwahab Al-Awadhi. The session brought together members of the Governorate Council and local residents to discuss the state of health services in the region and explore ways to enhance and develop them, while also gathering residents’ feedback and suggestions. – KUNA photos KUWAIT: As part of its ongoing commitment to developing and improving healthcare services, the Ministry of Health held a meeting in Ahmadi Governorate, at the invitation of…