Graeme Sloan

The US power grid is facing strain due to rising heat, requiring off-season repairs. Power transmission lines are being affected, and repairs are necessary to maintain the grid's stability. The issue is particularly concerning in areas like Hyattsville, Maryland.

A Circle K shop and Irving gas station in Winthrop, Maine, US, is shown on May 5, 2026, ahead of the Bureau of Labor Statistics' release of US consumer price index figures on May 12. The image was captured by photographer Graeme Sloan. The scene highlights everyday economic activity.

Kevin Warsh, US Federal Reserve nominee, testified before a Senate committee, walking a fine line between President Donald Trump's demands and defending the Fed's autonomy. The testimony comes as the bond market reacts to surging oil prices. Warsh aims to reassure investors while navigating political pressures.

Kevin Warsh, nominee for US Federal Reserve chairman, testified before a Senate committee, facing challenges in balancing President Donald Trump's demands for lower rates and maintaining the Fed's autonomy. Warsh's testimony highlighted the fine line he must walk during the hearing. The bond market is affected by inflation risk due to oil prices.

Congress has ended the record-breaking shutdown of the Department of Homeland Security. May Day protests across the U.S. are expected to draw crowds opposing the Trump administration.

Kevin Warsh, the US Federal Reserve nominee for Donald Trump, testified before the Senate Banking Committee about balancing Trump's push for lower interest rates with maintaining the Fed's rate-setting independence. The hearing highlighted tensions between political pressures and central bank autonomy.

Polymarket's promotional event in Washington, DC, highlighted its prediction market platform, where most traders lose money, and winners appear to be automated systems. The event, held at a bar near the White House, showcased betting on current events as a new entertainment form.