FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell arrives to testify before the Congress Joint Economic Committee, on the economic outlook, on Capitol Hill in Washington. About a year ago, Federal Reserve policymakers were nervous. The financial markets were cratering and worries about a trade war abounded, yet the Fed couldn't gauge the economic impact. Fed policymakers turned to a backup: Consumer spending figures that the Fed had purchased from First Data, a card payment company. That data showed only a small decline in spending in December, followed by a solid gain in January. The Fed's experience provides a tantalizing glimpse of how technology could improve the way government officials track the economy. (AP Photo/Jose Luis Magana, File)
Featured Photo Galleries
Military parade celebrates Army’s 250th
Cheers and chants rang out Saturday from a crowd of thousands as soldiers manned modern and historic tanks and aircraft for the Army’s 250th anniversary celebration in the District.
Ovi scores goal 890, Caps lose to Sabres 8-5
Alexander Ovechkin scored goal number 890, but the Washington Capitals fell short, losing to the visiting Buffalo Sabres Sunday afternoon 8-5 at Capital One Arena in Washington D.C., March 30, 2025 (Photos for the Washington Times.)
Hegseth joins veterans, generals to mark 80th anniversary of battle of Iwo Jima
A handful of retired Marines – all in the late 90s or over 100 — joined Defense Secretary Pete Hegseth and Japan’s Prime Minister Takeru Ishida on Saturday to mark the anniversary of one of the bloodiest battles of World War II in the Pacific that ended 80 years ago this week.
