Trump says Powell should resign ‘immediately’ in latest attack on Fed chair | Business and Economy News

By Michelle NicholsSouth Korea has finalized a draft U.N. Security Council resolution to permanently lift sanctions on Iran, but a vote is not yet scheduled. Meanwhile, Britain, France, and Germany are attempting to reimpose sanctions due to Iran's non-compliance with a nuclear deal, while Russia and China propose extending the deal and resuming negotiations. Want More Context? 🔎

At least 10 people were killed and over 60 injured when a freight train collided with a double-decker bus in an industrial zone near Atlacomulco, Mexico, on September 8, 2025. The incident's cause remains unclear, although videos indicate the bus was stalled on the tracks; authorities and the train operator, Canadian Pacific Kansas City of Mexico, are investigating the crash. Want More Context? 🔎

Lachlan Murdoch has secured a $3.3 billion deal to control the family's media empire, ensuring it remains conservative post-Rupert Murdoch's death, while his siblings receive $1.1 billion each for their shares. This agreement resolves ongoing litigation over the family trust and establishes a new trust that guarantees Lachlan's leadership until at least 2050. Want More Context? 🔎

Four hikers in New York's Catskill Mountains, who had taken psychedelic mushrooms, were rescued after straying off the trail and calling for help due to one member's severe disorientation. The group was located by rangers and firefighters, guided back to safety, and none required hospitalization, highlighting the risks of hiking under the influence of hallucinogens in treacherous terrain. Want More Context? 🔎

Eighty-five employees at Auckland's Absolute Traffic Solutions lost their jobs after the company faced liquidation due to $1.1 million in debts to the Inland Revenue, including $937,000 in GST and $192,000 in PAYE tax. Following the liquidation, about 60 staff have been re-employed on short-term contracts as the liquidator intends to sell the business. Want More Context? 🔎

A 36-year-old woman participating in a YouTube survival challenge was rescued after nearly 18 hours in the Michigan woods. She went missing while searching for water, prompting a coordinated search that located her in a swampy area; she was unharmed and praised by authorities for her rescue, while YouTube stated it had no involvement in the incident. Want More Context? 🔎