Mathew Grisham

3 days ago | san.com | Mathew Grisham |Simone Del Rosario

Federal Reserve Chair Jerome Powell faced some heat from both sides of the political aisle regarding the committee’s decision against lowering interest rates. During the first of two days of congressional testimony, the chair said the current data supports rate cuts, but inflation forecasts give him pause. President Donald Trump said he hoped Congress would work over “Too Late” Powell ahead of Powell’s testimony in front of the House Financial Services Committee on Tuesday, June 24.

1 week ago | san.com | Brett Baker |Jake Larsen |Mathew Grisham |Ryan Robertson

As the saying goes, war is hell — but it’s also expensive. The conflict between Israel and Iran continues to escalate, driving up the costs. With every volley of missiles fired, sortie launched and bomb dropped, military operations are costing millions of dollars. One of the most significant expenses is Israel’s Iron Dome defense system. Experts estimate that when Iran fires a wave of missiles, the cost to intercept can range from tens of millions to $200 million a day.

1 week ago | san.com | Craig Nigrelli |Evan Hummel |Emma Stoltzfus |Mathew Grisham

A federal judge on Thursday, June 19, ruled that the Trump administration cannot withhold billions of dollars in federal funds from 20 Democratic-led states in order to force them to cooperate with immigration enforcement. U.S. District Judge John McConnell of Providence, Rhode Island, ruled that the Department of Transportation (DOT) does not have the authority to compel states to assist U.S. Immigration and Customs Enforcement (ICE), calling the requirement unconstitutional.

1 week ago | san.com | Evan Hummel |Harry Fogle |Lauren Keenan |Mathew Grisham

The European Space Agency has ambitious goals for space exploration in the near future. In a new report published during the week of June 15, the space agency revealed that one of its ambitions is to have humans living on Mars within 15 years. The prediction could be overly optimistic, given that one of the aerospace companies leading the space race has seen some of its rockets explode.

1 week ago | san.com | Devan Markham |Maggie Gordon |Mathew Grisham

For years, the city of Houston has struggled to open its public pools. Pinched by a COVID-19 pandemic-born lifeguard shortage that hampered the ability of cities across the country to fully staff pool decks, Houston’s once-lively cache of three dozen outdoor pools fell largely silent. As a result, thousands of families lacked access to a safe place to swim in a sweltering city that logged 45 days with temperatures above 100 degrees in 2023. But things are looking up.