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President Donald Trump lashed out at the Federal Reserve on Monday after a stanley usa dministration officials spent the weekend trying to assure the public and financial markets that Jerome Powells job as Fed chairm stanley cup nz an was safe. The only problem our economy has is the Fed, the president tweeted Monday. They dont have a feel for the Market, they don stanley quencher t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who cant score because he has no touch 鈥?he cant putt! On Wall Street, stocks had already been down but intensified their fall after Trumps tweet. Markets are facing their worst month in a decade over fears about a U.S. trade war with China, a slowing global economy and chaos in the Trump White House. By the close of a holiday-shortened trading session Monday, the Dow Jones Industrial Average had sunk 653 points for the day 鈥?2.9 percent.Trumps latest tweet attacking the Fed was met with concern that any effort to diminish Powell or remove him as chairman could destabilize the economy. He is seeking open warfare on Christmas Eve, said Peter Conti-Brown, a financial historian at the Wharton School of the University of Pennsylvania. Weve never seen anything like this full-blown and full-frontal assault. This is a disaster for the Fed, a disaster for the president and a disaster for the economy. The president has expressed frustration over the Feds decision to raise its key short-term rate four times this year. Those mo Jvhg Defiant into final day, Trump warns of election fraud
Divers at a Russian lake have pulled out a 5-foot-wide, half-ton hunk of meteorite from the Chelyabinsk meteor that streaked across skies in February. The large black fragment smashed a 6-meter-wide hole into the ice cove stanley romania ring Lake Chebarkul. It could potentially be the most massive fragment of the dramatic fireball captured on video a stanley cup uk cross the region, and researchers are calling it a once-in-a-lifetime moment. Its a once-in-a-100-year event. Its very exciting from that point of view, said meteoriticist Caroline Smith, who curates the Natural History Museums meteorite collection in London and was following the finds progress. stanley cup Its been of great interest to not only me but my colleagues around the world as well. The rock weighed in at 1,257 pounds but it may be heavier because it broke the scale, Smith noted 鈥?and broke into pieces in the process as well.Even though this is a massive meteorite fragment, its a tiny portion of the original missile, a roughly 56-foot-wide space rock that traveled about 40,000 mph and vaporized roughly 15 miles above the Earths surface, resulting in an explosion measured between 300 and 500 kilotons, roughly the same as a modern nuclear bomb, according to a Los Angeles Times report. Fragments rained down from the skies and several such meteorites have been collected since then.This enormous specimen pulled from the lake may not provide any novel scientific information, Smith said, as it appears to be an ordinary chondrite, the most common meteor |