Today’s edition of quick hits.
* Tsunami waves after one of the most powerful earthquakes ever recorded: “The 8.8-magnitude temblor struck early today off Russia’s remote Far East and sparked tsunami warnings and evacuations across the Pacific. Hawaii was braced for the most severe impact, but the alert level there was downgraded to a tsunami advisory just before 5 a.m. ET, allowing residents to return to their homes.”
* The Fed tells the White House what it didn’t want to hear: “The Federal Reserve on Wednesday left its key interest rate unchanged, a widely expected move that comes despite enormous pressure from the Trump administration to lower it. The Fed, in a statement announcing the decision, said that economic growth had moderated in the first half of the year but that inflation remained ‘somewhat elevated.’”
* I’m struggling to imagine why anyone would voluntarily participate in a project like this one: “The Trump administration is pushing an initiative for millions of Americans to upload personal health data and medical records on new apps and systems run by private tech companies, promising that will make it easier to access health records and monitor wellness.”
* I’ll be counting down the days: “Trump told reporters that the United States will impose tariffs and secondary sanctions on Russia in 10 days if it can’t come to a ceasefire agreement on Ukraine.”
* A welcome reversal: “Days before the Pentagon was set to cut off access to satellite observations that help meteorologists track hurricanes overnight, Defense Department officials told government forecasters they would continue sharing the data, after all.”








