800,000 US government employees face potential pay cuts due to the government shutdown, and Friday's non-farm payroll report is likely to be delayed.

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…

The post Trump threatening broadcast station licenses — explained appeared on BitcoinEthereumNews.com. A sign is seen outside of the “Jimmy Kimmel Live!” show outside the El Capitan Entertainment Centre on Hollywood Boulevard, from where the show is broadcast in Hollywood, California on Sept. 18, 2025. Frederic J. Brown | AFP | Getty Images Disney’s decision this week to pull “Jimmy Kimmel Live!” from its broadcast network ABC is shining a light on a part of the media business over which the federal government has control.  On Thursday, President Donald Trump suggested his administration should revoke the licenses of broadcast TV stations that he said are “against” him. Federal Communications Commission Chair Brendan Carr has made similar threats, including during a CNBC interview, also on Thursday. It’s not the first time Trump or Carr has invoked the government’s power to pull a broadcast station license — putting an in-the-weeds part of the media business front and center for consumers, and flexing the government’s power over a major part of the industry.  What’s a broadcast license? Let’s start with the basics: Networks such as Disney’s ABC, Paramount Skydance’s CBS, Comcast Corp.’s NBC and Fox Corp.’s Fox are part of a system that requires them to obtain over-the-air spectrum licenses from the federal government in order to broadcast these household-name stations.  That means free, over-the-air service to anyone with an antenna on their TV.  Pay-TV networks such as CNN, MTV or FX, for example, are considered “over-the-top” and available for subscription fees. They’re often bundled together and distributed by companies such as Comcast, Charter Communications or DirecTV.  Broadcasters such as ABC are known for programming that includes local news, live sports, prime-time sitcoms and dramas, as well as late-night shows such as “Jimmy Kimmel Live!” Although the way consumers watch these programs has significantly changed from the days of using an antenna for free viewership…

The post Is Patrick Schwarzenegger In ‘Gen V’ Season 2? Why He Doesn’t Return appeared on BitcoinEthereumNews.com. Patrick Schwarzenegger as Luke Riordan/Golden Boy and Maddie Phillips as Cate Dunlap on season one of “Gen V.” Brooke Palmer/Prime Video Warning: Spoilers ahead for season two, episodes one through three of Gen V. Gen V is back for season two, and fans of Patrick Schwarzenegger’s Golden Boy might be disappointed to learn that he’s not part of the latest installment. Schwarzenegger starred as Luke Riordan/Golden Boy, the No.1 student at Godolkin University, on season one of the college-set spinoff of The Boys. His powers included manipulating fire, engulfing his body in flames, superhuman strength and flying. He had a promising future ahead of him and was even poised to be part of the premier supe group known as The Seven. But in a twist, at the end of the first episode, Luke flamed up and flew into the sky, committing suicide by using his powers and exploding. Still, Schwarzenegger appeared throughout the remainder of the season in flashbacks, a video message, his younger brother Sam Riordan’s (Asa Germann) hallucinations and in Cate Dunlap’s (Maddie Phillips) memories during episode six. It’s natural to wonder if Schwarzenegger would reprise the role in some capacity in season two, but the actor already explained why fans wouldn’t see him this time around. Schwarzengger Missed Out On Season 2 Of Gen V Because Of Scheduling Conflicts With The White Lotus Patrick Schwarzenegger as Luke Riordan/Golden Boy and Jaz Sinclair as Marie Moreau on season one of “Gen V.” Brooke Palmer/Prime Video Long before the release of season two of Gen V, Schwarzengger revealed that he couldn’t return because he was filming season three of HBO’s The White Lotus. Schwarzenegger starred as Saxon Ratliff, the eldest child of a wealthy family from North Carolina, in the Thailand-set season of Mike White’s anthology series. “No, I…