Trade War Turmoil, Rising Unemployment Send Markets Diving
As Trump's initial 90-day self-imposed delay of 'reciprocal' tariffs comes to an end, and in the aftermath of gross domestic product data showing the economy slowing, there was fresh bad news for the president on Friday. Grim employment numbers released by the Bureau of Labor Statistics (BLS) appeared to hammer another nail into the coffin of what had been a few years of record US employment.
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Yahoo
26 minutes ago
- Yahoo
Senate heads home with no deal to speed confirmations as irate Trump tells Schumer to 'go to hell'
WASHINGTON (AP) — The Senate is leaving Washington Saturday night for its monthlong August recess without a deal to advance dozens of President Donald Trump's nominees, calling it quits after days of contentious bipartisan negotiations and Donald Trump posting on social media that Senate Democratic Leader Chuck Schumer can 'GO TO HELL!' Without a deal in hand, Republicans say they may try to change Senate rules when they return in September to speed up the pace of confirmations. Trump has been pressuring senators to move quickly as Democrats blocked more nominees than usual this year, denying any fast unanimous consent votes and forcing roll calls on each one, a lengthy process that can take several days per nominee. 'I think they're desperately in need of change," Senate Majority Leader John Thune said of Senate rules Saturday after negotiations with Chuck Schumer and Trump broke down. "I think that the last six months have demonstrated that this process, nominations is broken. And so I expect there will be some good robust conversations about that.' The latest standoff comes as Democrats and Republicans have gradually escalated their obstruction of the other party's executive branch and judicial nominees over the last two decades, and as Senate leaders have incrementally changed Senate rules to speed up confirmations — and make them less bipartisan. In 2013, Democrats changed Senate rules for lower court judicial nominees to remove the 60-vote threshold for confirmations as Republicans blocked President Barack Obama's judicial picks. In 2017, Republicans did the same for Supreme Court nominees as Democrats tried to block Trump's nomination of Justice Neil Gorsuch. Trump has been pressuring Senate Republicans for weeks to cancel the August recess and grind through dozens of his nominations as Democrats have slowed the process. But Republicans hoped to make a deal with Democrats instead, and came close several times over the last few days as the two parties and the White House negotiated over moving a large tranche of nominees in exchange for reversing some of the Trump administration's spending cuts on foreign aid, among other issues. But it was clear that there would be no agreement when Trump attacked Schumer on social media Saturday evening and told them to pack it up and go home. 'Tell Schumer, who is under tremendous political pressure from within his own party, the Radical Left Lunatics, to GO TO HELL!' Trump posted on Truth Social. 'Do not accept the offer, go home and explain to your constituents what bad people the Democrats are, and what a great job the Republicans are doing, and have done, for our Country.' Thune said afterward that there were 'several different times' when the two sides thought they had a deal, but in the end 'we didn't close it out.' It's the first time in recent history that the minority party hasn't allowed at least some quick confirmations. Thune has already kept the Senate in session for more days, and with longer hours, this year to try and confirm as many of Trump's nominees as possible. But Democrats had little desire to give in without the spending cut reversals or some other incentive, even though they too were eager to skip town after several long months of work and bitter partisan fights over legislation. 'We have never seen nominees as flawed, as compromised, as unqualified as we have right now,' Schumer said Saturday.
Yahoo
26 minutes ago
- Yahoo
Our View: Republicans, Democrats scheming on mid-term elections
Two wrongs don't make a right. It's wrong that at the urging of President Trump, Texas Republicans are scheming to redrawn political boundaries to dilute the power of minorities and Democratic voters in next year's mid-term elections. It's wrong that California Democrats, led by Gov. Gavin Newsom, now are scheming to usurp the will of California voters and reshape the state's political boundaries to block Texas Republicans from gaming the congressional elections. For many, this may seem like boring insider political baseball. But the scheming shows how politicians care less about the people they represent at home and more about retaining the power of their political parties — Republican and Democratic — in Washington. The scheming we now see is a shameful corruption of democracy and the electoral system politicians claim they support. At its heart is control of the House of Representatives. The House of Representatives has 435 members — each representing about the same number of constituents. Every 10 years, after completion of a U.S. Census, allocation of a state's share of House seats is decided and the political boundary lines of congressional districts within the states are adjusted. In most states, such as Texas, state politicians and their donor buddies scheme on adjusting district boundary lines to protect incumbents and assure a political party's election. That's called gerrymandering. Texas Republicans are not waiting for the next 10-year census to redraw district lines. Texas Gov. Greg Abbott has called the Republican-dominated Legislature back into a special session to consider a new political map that shifts district lines and is designed to elect more Republicans to Congress. If all goes as the schemers hope, Texas Republicans could pick up five additional seats in next year's mid-term elections. That would be a big deal in the House, where Republicans now hold a slim majority. Democratic takeover of the House would apply the brakes on Trump's controversial agenda. And that's where California Gov. Newsom comes in. He's scheming on a plan to fight fire with fire. Redraw California's political boundary lines before next year's mid-term elections to advantage Democratic candidates. That could shrink California's nine-member Republican delegation to three or four. But there is a catch. In 2010, California voters, who were fed up with self-dealing politicians, overwhelmingly passed a ballot measure that created a bipartisan independent redistricting commission. No longer could the state's politicians draw their own district lines. In 2011 and 2021, the commission drew district lines, with a focus on creating competitive districts, within coherent geographic areas, containing voters with shared interests, and providing representations for minority communities. Both Democratic and Republican parties, refusing to quietly give up their power, strongly opposed creation of a bipartisan independent commission in 2010. To accomplish his mid-term scheme, Newsom would have to quickly call a statewide special election — at a cost of what some estimate to be $200 million — and ask voters to return redistricting power to self-serving politicians. Fat chance voters would go along with that. As an alternative, Newsom and his co-conspirators are considering crawling through an imaginary loophole in the law that created the bipartisan independent redistricting commission. They reason that since the law voters created only called for an independent commission to set political district lines after a U.S. Census every 10 years, the Legislature is free to undo the commission's work in the years between — drawing legislators' own self-serving lines. Good luck with that. Let the lawsuits begin! Warning: This threatened gerrymandering war — which could expand to other states — may blow up in both Democratic and Republican party faces. Voters are not as dumb as politicians think they are. They can spot election cheating when they see it. Like it or not, the balance of power in Washington should be decided by voters at the ballot box, not schemers in the backroom. If we believe in the electoral system that is the foundation of our democracy, we must trust voters. California's legislators will return to Sacramento after a summer break in a couple of weeks. Hopefully Democrats then also will return to their good senses.
Yahoo
26 minutes ago
- Yahoo
Did anyone win Powerball drawing last night, Aug. 2, 2025? Winning numbers, jackpot results
The Powerball lottery jackpot continues to grow after no one matched all six numbers from Wednesday night's drawing. Grab your tickets and check your numbers to see if you're the game's newest millionaire. Here are the numbers for Saturday, Aug. 2, Powerball jackpot worth an estimated $410 million with a cash option of $186.2 million. Winning Powerball numbers tonight: Aug. 2, 2025 Saturday night's drawing will take place at 10:59 p.m. ET. The winning numbers for Wednesday night's drawing were 4, 15, 35, 50, 64, and the Powerball is 8. The Power Play was 4X. Powerball, Mega Millions: Want to win the lottery? Here are luckiest numbers, places to play Who won Powerball drawing jackpot tonight, 8/2/25? Did anyone match Powerball numbers last night? Lottery results Results are pending. Powerball winner? Lock up your ticket and go hide. What to know if you win the jackpot How many Powerball numbers do you need to win a prize payout? You only need to match one number in Powerball to win a prize. However, that number must be the Powerball worth $4. Visit for the entire prize chart. What is the Powerball payout on matching 2 lottery numbers? Matching two numbers won't win anything in Powerball unless one of the numbers is the Powerball. A ticket matching one of the five numbers and the Powerball is also worth $4. Visit for the entire prize chart. Powerball numbers you need to know: These most commonly drawn numbers could help you win How much is the Powerball drawing jackpot 8/2/25? The Powerball jackpot for Saturday, Aug. 2, 2025, grows to an estimated $410 million with a cash option of $186.2 million, according to What time is the next Powerball drawing? What are draw days? Drawings are held three times per week at approximately 10:59 p.m. ET every Monday, Wednesday, and Saturday. How much is a Powerball lottery ticket today? A single Powerball ticket costs $2. Pay an additional $1 to add the Power Play for a chance to multiply all Powerball winnings except for the jackpot. Players can also add the Double Play for one more $1 to have a second chance at winning $10 million. How to play Powerball today Mega Millions numbers: Anyone win Friday night's drawing? Winning Mega Millions numbers 8/1/25 Friday night's winning numbers were 18, 27, 29, 33, 70, and the Mega Ball was 22. How much is the Mega Millions drawing jackpot on 8/5/25? The Mega Millions jackpot for Tuesday's drawing grows to an estimated $150 million with a cash option of $67.9 million after no Mega Millions tickets matched all six numbers to win the jackpot, according to 2025 Powerball jackpot winners Here is the list of 2025 Powerball jackpot wins, according to $328.5 million — Jan. 18; Oregon. $526.5 million — March 29; California $167.3 million — April 26; Kentucky. $204.5 million — June 1; California. Powerball Top 10 lottery drawing jackpot results Here are the all-time top 10 Powerball jackpots, according to $2.04 billion — Nov. 7, 2022; California. $1.765 billion — Oct. 11, 2023; California. $1.586 billion — Jan. 13, 2016; California, Florida, Tennessee. $1.326 billion — April 6, 2024; Oregon. $1.08 billion — July 19, 2023; California. $842 million — Jan. 1, 2024; Michigan. $768.4 million — March 27, 2019; Wisconsin. $758.7 million — Aug. 23, 2017; Massachusetts. $754.6 million — Feb. 6, 2023; Washington. $731.1 million — Jan. 20, 2021; Maryland. Powerball numbers: Anyone win Wednesday night's drawing? Powerball, Mega Millions history: Top 10 U.S. lottery drawing jackpot results Here are the nation's all-time top 10 Powerball and Mega Millions jackpots, according to $2.04 billion, Powerball — Nov. 7, 2022; California. $1.765 billion, Powerball — Oct. 11, 2023; California. $1.586 billion, Powerball — Jan. 13, 2016; California, Florida, Tennessee. $1.58 million, Mega Millions — Aug. 8, 2023; Florida. $1.537 billion, Mega Millions — Oct. 23, 2018; South Carolina. $1.35 billion, Mega Millions — Jan. 13, 2023; Maine. $1.337 billion, Mega Millions — July 29, 2022; Illinois. $1.326 billion, Powerball — April 6, 2024; Oregon $1.22 billion, Mega Millions — Dec. 27, 2024; California. $1.13 billion, Mega Millions — March 26, 2024; New Jersey. Chris Sims is a digital content producer at Midwest Connect Gannett. Follow him on Twitter: @ChrisFSims. This article originally appeared on Indianapolis Star: Powerball Aug. 2, 2025: Winning numbers, drawing time, lottery results Solve the daily Crossword
