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Fed Minutes: Uncertainty ‘Elevated’ as Risks of Higher Inflation and Unemployment Rise

WASHINGTON — Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump's tariffs on inflation, unemployment, and the broader economy. According to minutes from their May 6-7 meeting, released Wednesday, "almost all" of the 19 officials that...

Fresno Man Pleads Guilty to $1 Million PPP Loan Fraud

A Fresno man pleaded guilty Tuesday to stealing more than $1 million in federal COVID-19 relief funds by submitting false applications for Paycheck Protection Program loans, authorities said. Gurjeet Bath, 37, admitted to one count of theft of government property, according to Acting U.S. Attorney Michele Beckwith. Prosecutors said Bath...

California Opens Track-and-Field Finals to More Girls After Success of Trans Athlete

SACRAMENTO — The governing board for California high school sports is changing its competition rules at this weekend's state track-and-field championships to allow more girls to take part amid controversy over the participation of a trans student-athlete. The California Interscholastic Federation said it was extending access for more "biological female"...

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