A lone dissenting vote on the Fed’s rate cut marks the first split by a central bank governor in 2 decades
Federal Reserve Board Governor Michelle Bowman The Federal Reserve’s jumbo rate cut garnered support from all but one of its 12 voting members. Federal Reserve Governor Michelle Bowman dissented, advocating for a smaller, 25 basis point cut as the committee opted for a large, 50 basis point cut. Bowman’s dissent marks the first time a…
YouTube’s product chief explains its approach to AI as the tech becomes a bigger part of content creation
Johanna Voolich, chief product officer at YouTube. At Google’s Made on YouTube event on Monday, the product roadmap was clear: AI, AI, and more AI. YouTube creators can now use generative AI to come up with future video ideas, add background images or AI-generated video clips to their shorts, automatically dub their videos into new…
The stock market got just what it wanted from the Fed
Fed Chair Jerome Powell noted in his remarks that the central bank believes the economy is in good shape and unemployment is still relatively low. Stocks got a brief leg up to a new intraday record on Wednesday after the Federal Reserve issued its first rate cut since 2020. Major indexes then wobbled into the…
Ukraine war analyst says Russia keeps surprising him with just how bad its soldiers are: ‘The bar is very, very low’
Russian soldiers, like the ones seen here firing a 2S7M Malka self-propelled cannon, haven’t performed at the level expected of a major power in the war in Ukraine. A Ukraine war analyst told B-17 that while watching this conflict, he’s been continually surprised by how poorly trained Russia’s soldiers are. Even when he thinks they…
Russia is after more Iranian and North Korean missiles to help it tip the balance in Ukraine, experts say
Russia’s Vladimir Putin and Sergei Shoigu meet with Ali Akbar Ahmadian, secretary of Iran’s Supreme National Security Council, in Saint Petersburg in September 2024. A close Putin ally visited Iran this week while on a tour of Russia’s authoritarian allies, as the Kremlin seemingly sought to secure more weapons to fuel its war in Ukraine.…
Satellite images show the difficult mission to save a stricken oil tanker in the Red Sea
An overview of the Sounion with a salvage tug and support vessels in the Red Sea on September 14, 2024. Satellite imagery obtained by B-17 captures the difficult mission to rescue an oil tanker stranded in the Red Sea nearly a month after the Iran-backed Houthi rebels first attacked the vessel. After an unsuccessful earlier…
More devices are blowing up in Lebanon a day after fatal Hezbollah-pager explosions
Sidon, Lebanon, on Wednesday. Handheld radios exploded across Lebanon on Wednesday, according to multiple reports, signaling a second wave of coordinated attacks targeting personal devices in the Middle Eastern country. The official broadcaster of the Iran-backed Hezbollah militant group, Al-Manar, reported a wave of explosions from wireless devices across Lebanon, according to local and international…
Ukraine says it wiped a key Russian missile and artillery arsenal ‘off the face of the earth’ in long-range strikes
Satellite imagery of a Russian weapons storage facility in Toropets on September 7. Ukraine hit it overnight. Ukrainian forces used long-range drones to strike a key Russian ammunition depot overnight, destroying missiles, bombs, and artillery. A source in the Security Service of Ukraine told B-17 on Wednesday that the attack targeted a large warehouse in…
US Marines just added a new long-range missile to their arsenal that will keep their fighter jets out of reach of enemy air defenses during strikes
Marines at Air Station Miramar in California became the first of the branch to conduct ordnance with the new weapon. The US Marine Corps has a new long-range weapon in its arsenal, the AGM-158A joint air-to-surface standoff missile (JASSM). The addition is a boost in firepower, the Marines said, as the weapon’s long range allows…
