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World Economy Apr 16, 2026

Trump threatens to dismiss Fed Chair Jerome Powell after May 15 deadline, sparking legal and market alarm

President Donald Trump warned that he will fire Federal Reserve Chair Jerome Powell if the latter d…
President Donald Trump announced on Fox Business that he will dismiss Federal Reserve Chair Jerome Powell should the governor refuse to leave his post when his term concludes on May 15. The statement, made during an interview with Maria Bartiromo, underscored the president’s willingness to act, saying he “has wanted to fire him, but I hate to be controversial… he will be fired.” Legal scholars and policy analysts quickly cautioned that the president’s threat is not grounded in statutory authority. Skanda Amarnath, executive director of the think‑tank Employ America, told Al Jazeera that the administration is already losing a court battle over an attempt to remove Fed Governor Lisa Cook and would likely face the same outcome if it pursued Powell’s removal. The controversy emerges as the Senate Banking Committee prepares to consider Kevin Warsh, Trump’s nominee to succeed Powell. Warsh’s hearing is scheduled for next Tuesday, but his confirmation remains uncertain. North Carolina Senator Thom Tillis has pledged to block the nomination until the ongoing federal criminal probe into Powell’s conduct concludes. If the Senate fails to confirm a new chair, Powell would remain at the helm until a successor is appointed, extending the period of tension between the White House and the central bank. Trump also referenced a separate investigation into a costly Fed building renovation, noting that U.S. Attorney Jeanine Pirro has not indicated any change in the probe’s direction. However, a federal prosecutor later reported that the investigation uncovered no evidence of criminal wrongdoing. Critics argue that Trump’s broader agenda seeks to increase political control over the Fed’s seven‑member board, aiming to install members who share his economic outlook. Currently, the president has appointed three board members, and one seat—held by Governor Stephen Miran—has technically expired, which would need to be vacated for Warsh to join. Powell has framed the investigation as a pretext to undermine the Fed’s independence in setting monetary policy, a charge that resonates with concerns about preserving the central bank’s autonomy amid political pressure. Overall, the standoff highlights a clash between executive ambition and the institutional safeguards designed to keep monetary policy decisions insulated from short‑term political influence.
#powell #trump #fed
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Business Apr 15, 2026

Trump threatens to sack Fed Chair Powell as Senate battles over Warsh nomination and renovation probe intensify

President Donald Trump warned he will fire Federal Reserve Chair Jerome Powell if he does not step …
President Donald Trump announced on Fox Business that he will dismiss Federal Reserve Chair Jerome Powell if the central‑bank chief does not vacate the post by the statutory end of his term on May 15. “I’ll have to fire him, OK, if he’s not leaving on time,” Trump said, adding that he had previously held back the decision to avoid controversy. Powell, who has just over a month left in his tenure, has repeatedly been criticized by Trump for what the president calls a “bad job” and for refusing to lower interest rates despite Trump’s repeated demands since his return to the White House in January 2025. In January, Trump nominated former Fed governor Kevin Warsh to replace Powell. Warsh, known for his criticism of the Fed’s relatively high rates, is expected to align more closely with Trump’s push for rate cuts. His confirmation hearing before the Senate Banking Committee is slated for April 21, but the outcome remains uncertain. Republican Senator Thom Tillis of North Carolina, a member of the banking committee, has signaled he will block Warsh’s nomination until the Department of Justice concludes its criminal investigation into alleged misconduct surrounding the Fed’s headquarters renovation in Washington, D.C. Tillis described the probe as “reaching the point of absurd,” yet insists the investigation must be resolved before moving forward. The probe appears active: prosecutors made an unannounced visit to the construction site this week, as reported by the Wall Street Journal, underscoring the seriousness of the inquiry. During the same interview, Trump dismissed the investigation’s relevance, claiming the project was “probably corrupt, but what it really is is incompetence,” and questioned whether a $25 million renovation could balloon to a $4 billion expense. Powell responded in January with a rare public rebuke, labeling the investigation a “pretext” aimed at pressuring the Fed to lower rates. He warned that political intimidation could jeopardize the Fed’s ability to set monetary policy based on economic evidence. The legal backdrop adds another layer of uncertainty. The Supreme Court has yet to rule on Trump’s authority to fire a Fed board member without cause—a question that resurfaced after the president’s attempted removal of Fed governor Lisa Cook last summer. Justices appeared skeptical of such unilateral action during oral arguments in January. With the Fed’s independence at stake, the coming weeks will determine whether Trump’s threat translates into action, whether Warsh can secure Senate confirmation, and how the renovation investigation will influence the broader debate over political interference in U.S. monetary policy.
#fed #trump #powell
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Music Apr 13, 2026

Karol G Makes History at Coachella 2026 with a Trailblazing Latin‑Powered Headline

Colombian superstar Karol G became the first Latina to headline Coachella, delivering a 90‑minute, …
On the closing night of Coachella’s opening weekend, Karol G broke new ground as the festival’s first Latina headliner. Introducing herself in English, the Colombian artist announced, “I am Carolina Giraldo from Medellín, Colombia, and today I am the first Latina woman to headline Coachella,” to a roar of cheers from a crowd waving flags from Mexico, Puerto Rico, Venezuela, Colombia and beyond.The moment echoed Beyoncé’s 2018 ‘Beychella’ debut, reminding fans that representation on this stage can reshape cultural narratives. Karol G’s 90‑minute performance combined dazzling costume changes, high‑energy choreography and a stage that seemed to rise two stories above the desert floor, creating a spectacle that felt both meticulously crafted and effortlessly vibrant.From the opening number “Latina Foreva,” where she strutted in a glittering gold bikini, to the cave‑like rave set that highlighted the “primordial wildness of women,” the show never lost its momentum. Even a half‑hour delay for lighting adjustments was quickly forgiven as the music surged forward, blending hard‑hitting tracks from her 2025 album Tropicoqueta with hits from 2023’s Mañana Será Bonito.Musically, the set was a tour of Latin genres. After a brief interlude, Karol G returned wearing a Carnival‑style feathered headdress for the mambo‑infused “Tropicoqueta.” She then invited an all‑female Mexican mariachi band for “Ese Hombre Es Malo,” followed by a duet with Becky G that mixed Spanish‑language celebration of Mexico and Colombia with a pointed nod to the United States’ immigration debate.Speaking amid the roar of the crowd, the 35‑year‑old artist said, “This is not just about me, this is about the Latina community, the love of my people,” acknowledging the delicate balance of celebrating Latin pride while the U.S. government tightens immigration policies. Her remarks highlighted the symbolic weight of performing such a vibrant, unapologetic Latin set on a stage that reaches millions worldwide.The finale reinforced the message of unity. After a soulful cover of Gloria Estefan’s “Mi Tierra,” Karol G launched into an EDM‑styled version of “Provenza,” complete with rainbow lasers, strobe lights, fireworks and a cascade of confetti. Three false‑ending beat drops and a megawatt smile underscored her point: the victory belongs to the entire Latin community, not just the performer.
#her #she #karol
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World Economy Apr 10, 2026

Dallas Aims to Lure Financial Firms from New York with 'Y'all Street' Pitch

Dallas is aggressively promoting itself as a financial hub, seeking to lure firms and talent away f…
Dallas is positioning itself as a major player in the financial sector, with a bold initiative dubbed 'Y'all Street' aimed at stealing New York's financial crown. The city's aggressive push is backed by significant investments and incentives, including a $700m project by Goldman Sachs to build a new campus that will host over 5,000 staff.The Dallas-Fort Worth metro area has seen its financial sector workforce boom, surging 40% to 386,000 staff over the past decade. This growth has been fueled by multimillion-dollar subsidies and new fast-track business courts, as well as Texas's complete lack of corporation and income tax. Recent wins include a 10-year property tax break and $2.7m in grants that helped convince Scotiabank to relocate from North Carolina, bringing 1,000 jobs to the state.Nasdaq and the NYSE have also launched branches of their stock exchanges in Dallas, while a new Texas stock exchange (TXSE) is set to launch later this year with looser listing rules that are likely to appeal to right-leaning executives. The TXSE has even launched a TV ad campaign targeting New York, with a Texas longhorn shattering Wall Street's famous bull statue.Dallas's mayor, Eric Johnson, is serious about stealing finance jobs from New York, citing policy differences with liberal-leaning cities like New York as a major factor. Johnson's team is actively targeting firms put off by left-leaning policies, with a 10-person delegation sent to New York this month to meet and lure Wall Street executives southward.The city's pitches are intensifying, with a focus on being closer to big business clients and major tech firms that have shifted their center of gravity to Texas. Over the course of the 2020s, Texas surpassed California and became host to the largest number of NYSE-listed and Fortune 500 company headquarters of any American state.However, experts warn that the flood of wealthy bankers may put pressure on poorer families, particularly when it comes to rental prices. The surge in rental prices over the past 15 years has disproportionately hurt lower-income families, with rent eating up more than half their wages. Campaigners are now warning that, without targeted support, inequality across Dallas is likely to grow.To address these concerns, Dallas is trying to rapidly tackle the problem, with initiatives such as slashing parking requirements for new developments and rewriting building regulations to make it easier to push through smaller-scale developments for multi-family buildings.
#dallas #new #people
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Sports Apr 07, 2026

Keira Barry Secures First England Call‑Up as Niamc Charles Returns for World Cup Qualifiers

Bay FC forward Keira Barry receives her inaugural senior England call‑up for upcoming World Cup qua…
The Bay FC forward Keira Barry has earned her first senior England cap, being named by manager Sarina Wiegman for the Women’s World Cup qualifying matches against Spain and Iceland. She joins Chelsea full‑back Niamh Charles, who has recovered from a recent injury, in the squad.The selections come after London City Lionesses striker Freya Godfrey withdrew due to a shoulder problem. Barry, a product of the Manchester United academy, was promoted from the Under‑23s and has previously turned out for Crystal Palace and Sunderland before signing with Bay FC in February.At 20 years old, Barry has already featured in four NWSL matches, netting a goal against the North Carolina Courage in March, underscoring her rapid adaptation to the American league.The England squad will convene at St George’s Park on Tuesday to begin preparations for hosting the world champions Spain at Wembley on 14 April, before traveling to Reykjavik for the Iceland fixture four days later.
#squad #barry #england
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Film Apr 07, 2026

James Gunn's Slither Rebooted for Reputational Glow-Up

James Gunn's 2006 comedy horror film Slither is getting a reboot ahead of its 20th anniversary, cap…
James Gunn's early feature film Slither, initially released in 2006, is being re-released in cinemas ahead of its 20th anniversary. The film, a comedy horror with a heavy focus on body horror, was Gunn's first feature-length project. At the time, it was met with commercial disappointment but has since garnered attention due to Gunn's subsequent success with major franchises such as Guardians of the Galaxy and Superman.The film's plot revolves around an alien lifeform that crash-lands on Earth and takes over a small town in South Carolina. The alien larvae, resembling flaccid phallic worms, infect the townspeople through various orifices, turning them into evil minions or hideously swollen incubators. The movie features Michael Rooker, Elizabeth Banks, and Nathan Fillion in key roles.Despite its thinly conceived science fiction elements and reliance on rubbery practical effects and lame jokes, which align more closely with the style of Troma, a production company where Gunn got his start, the film does showcase Gunn's early experimentation with comic timing and musical cues. A notable scene features a killing spree set to Air Supply's 'Every Woman in the World', a technique Gunn would later refine in his Guardians of the Galaxy films.The cast, including Michael Rooker and Elizabeth Banks, appears to be enjoying the film's humor, bringing some bright spots of wit and amusement to the movie. Slither is set to re-release in UK cinemas on April 10 and will be available on digital platforms from May 1.
#gunn #work #his
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Sport Apr 05, 2026

UCLA Bruins Claim Historic First NCAA Women's Basketball Championship

The UCLA Bruins secured their first NCAA women's basketball championship with a dominant 79-51 vict…
The UCLA Bruins have made history by capturing their first NCAA women's basketball title with a convincing 79-51 win over South Carolina. This victory marks a significant milestone for the program, which had not won a championship since the 1978 AIAW championship.Gabriela Jaquez led the charge with 21 points, while Lauren Betts added 16 points and secured 11 rebounds, earning her the Most Outstanding Player honors of the Final Four. The Bruins' defense was stellar, holding South Carolina to a season-low 17% shooting in the first quarter.Coach Cori Close expressed her pride and joy, stating, “It’s immeasurably more than I could ask or imagine. It’s beyond my wildest dreams.” The team's success was built on a combination of high school commitments and transfer portal players, showcasing Close's ability to build a cohesive and talented roster.The Gamecocks, led by coach Dawn Staley, faced a tough challenge and struggled with their shooting, ultimately suffering their second consecutive national championship loss. Despite the setback, Staley's team is expected to return to the championship game in the future, led by talented players like Joyce Edwards and Agot Makeer.Close's connection to UCLA runs deep, having been mentored by the legendary coach John Wooden, who won 10 national championships at the school. Her adoption of Wooden's 'Pyramid of Success' and focus on character has clearly paid off, as evidenced by the Bruins' championship win.
#bruins #game #ucla
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Sports Apr 05, 2026

Michigan Routs Arizona, Sets Up NCAA Championship Game Against UConn

Michigan dominated Arizona 91-73 in the Final Four, setting up a championship game against UConn. T…
Michigan overpowered Arizona from the start, turning their highly anticipated Final Four matchup into a 91-73 rout in Indianapolis. Junior center Aday Mara scored a career-high 26 points and grabbed nine rebounds, leading the Wolverines to their fifth straight March Madness victory by double digits.The Wolverines (36-3) became the first team to break 90 points five times in a single tournament. Michigan will face UConn in the championship game after the Huskies defeated Illinois 71-62 in the earlier semi-final.UConn is seeking its third championship in four seasons under Dan Hurley, who would become the only active coach with more than two titles if they win. The Huskies have not lost a tournament game past the opening weekend since 2009.Arizona, led by Koa Peat's 16 points and 11 rebounds, struggled with poor shooting, including just 6 for 17 from three-point range. Michigan's victory marked a significant upset given the Wildcats' strong defensive reputation entering the game.In the championship game, UConn will look to break a tie with North Carolina and move into third place alone in national titles, trailing only UCLA (11) and Kentucky (eight).
#Michigan Wolverines #Arizona Wildcats #UConn Huskies
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Sport Apr 04, 2026

Will Sherman emerges as US rugby’s next star as Anthem breaks 32‑game losing streak ahead of 2031 World Cup

22‑year‑old second‑row forward Will Sherman, son of former Cal champion Wade Sherman, is being hail…
Will Sherman, a 22‑year‑old second‑row forward for Anthem Rugby Carolina, is quickly being labelled the next cornerstone of US rugby. The Charlotte‑based player combines a deep family legacy with a modern development pathway that could shape the national team ahead of the 2031 Rugby World Cup. Sherman’s rugby pedigree begins with his father, Wade Sherman, a member of the 1990s Cal Berkeley champion side that featured Mark Bingham – one of the heroic passengers on Flight 93. Wade’s own introduction to the sport came after a teenage trip to Australia’s Bondi Beach, where he and friends first saw the game and later founded a high‑school team in northern California before playing for Cal and BYU. He now serves as Will’s first coach. Raised in Utah’s vibrant Pacific Islander community, Sherman attended East High School, a hub for the state’s long‑standing rugby culture. Standing 6 ft 4 in and capable of playing both lock and flanker, he attributes his physicality and work ethic to the “hard‑knock” lessons learned on Utah pitches. After a stint at UCLA—where the club side operates with varsity‑level commitment but without the same resources—Sherman caught the eye of Australian coach Harry Bennett. Bennett’s mentorship helped Sherman earn a place on the US under‑23 tour of South Africa, a tour overseen by Argentine coach Agustín Cavalieri, now head coach at Anthem. In his MLR debut against the California Legion, Sherman logged roughly 50 minutes, received a yellow card for repeated infringements, and recorded 19 tackles. While impressive, it was eclipsed by the 36 tackles he made in a single match for Australia’s storied Randwick club last season, underscoring his rapid adaptation to elite competition. Anthem, backed by World Rugby as a development vehicle for the 2031 World Cup, endured a winless first two seasons (0‑32). The team finally broke the streak with a 39‑26 victory over the Legion, a game in which Sherman’s performance earned him the nickname “Wreck‑It Will” from college friends. Reflecting on the win, Sherman said the moment was “an amazing honor” and highlighted the broader significance: “Every game now feels like a first—our first win at home, our first win against Chicago—so the motivation keeps building.” He also praised the experience of matching up against veteran lock and Eagles captain Jason Damm, calling it “an honor to play against someone I’ve looked up to for so long.” Looking ahead, Anthem’s schedule includes a clash with the Chicago Hounds on ESPN+, a key step in the club’s quest to become a consistent pipeline for American talent ahead of the 2031 World Cup.
#sherman #rugby #you
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