Could Donald Trump fire Federal Reserve chair Jay Powell?

Los Angeles Mayor Karen Bass expressed regret for her controversial trip to Ghana while wildfires ravaged the city, stating she was unaware of the impending danger. Despite her claims of not being briefed, reports indicate her team was aware of the fire risks before her departure, and she returned just as the fires began devastating neighborhoods, resulting in significant destruction and loss of life. Want More Context? 🔎

Volkswagen reported $1.5bn in losses for the first half of the year due to tariffs imposed by the U.S., revising its operating profit margin forecast to 4-5%. The company, along with GM and Stellantis, faces significant profit hits from these tariffs, prompting calls for a reduction in U.S. tariffs as they navigate tough market conditions and restructuring efforts. Want More Context? 🔎

Poundland is closing 68 stores as part of a restructuring plan following its £1 sale to Gordon Brothers, with 32 branches set to shut next month alone. The company aims to reduce its store count from about 800 to between 650 and 700, while also discontinuing frozen food products and halting online sales. Want More Context? 🔎

Canadians hold one of the world's most powerful passports, ranking 8th in the 2025 Henley & Partners global passport index, ahead of the U.S. in 10th place; Canadians can visit 184 countries without a visa. Factors influencing these rankings include global perceptions of Canadian travelers, recent visa access changes, and Canada's historical high standing since 2006. Want More Context? 🔎

The leaders of Britain, France, and Germany have called for an immediate end to the humanitarian crisis in Gaza, urging Israel to lift aid restrictions and allow humanitarian organizations to operate. They emphasized the need for a ceasefire and a political resolution, as the conflict has resulted in significant civilian casualties, with over 59,000 Palestinians reported dead due to the ongoing military campaign. Want More Context? 🔎

A Chuck E. Cheese mascot, 41-year-old Jermel Jarreau Jones, was arrested in Tallahassee, Florida, on larceny charges for allegedly stealing a customer's debit card and using it for purchases. The victim helped police identify Jones through surveillance footage after noticing unauthorized charges, leading to his apprehension while still in costume. Want More Context? 🔎