The U.S. Federal Reserve maintained its benchmark interest rate at 4.25-4.5% despite pressure from President Trump for cuts, as signs of a weakening economy emerge, including disappointing retail sales and rising jobless claims. Trump criticized Fed Chair Jerome Powell, suggesting he might do a better job and expressing frustration over the Fed’s perceived delays in rate adjustments.
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Earth set to exhaust ‘carbon budget’ within 3 years as Paris hopes fade
Record-high greenhouse gas emissions are projected to deplete the planet's carbon budget within three years, drastically reducing the chances of limiting global warming to 1.5C, according to a study by over 60 scientists. The research highlights an alarming acceleration in climate change impacts, including rising sea levels and increased vulnerability of coastal areas, as emissions outpace climate action efforts. Need More Context? 🔎
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