#JeromePowell, who is nearing the end of his tenure as chair of the #FederalReserve, explains that he had long planned to retire from the Fed when his term ended, but now plans to stay on until a #DOJ investigation is “well and truly over with transparency and finality.”
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Trending
As part of our ongoing series on Hump Day, we look at some of the stories that are getting the most buzz. This week: a scathing report on California’s high-speed rail project, allegations that the late labor leader Cesar Chavez sexually abused girls, and the death of a woman who was trying to collect millions from multiple life insurance policies. Plus, Israel and Iran are engaging in a war over the Strait of Hormuz that has driven up oil prices.
Breaking news is an urgent event that requires a television or radio station to interrupt regular programming. The news may be accompanied by a special graphic or a countdown sequence. Before 24-hour news networks became common, the interruption was typically reserved for events that demanded nationwide coverage and required numerous stations to cut their own programs to cover it, such as the assassination of U.S. President John F. Kennedy in 1963. Other terms for breaking news include Newsflash or Special report.
