reporting clause
reported clause
Direct speech.
In direct speech we usually put a comma between the reporting clause and the reported clause. The words of the original speaker are enclosed in inverted commas, either single (‘…’) or double (“…”). If the reported clause comes first, we put the comma inside the inverted commas:
“ I couldn’t sleep last night, ” he said.
Rita said, ‘ I don’t need you any more. ’
If the direct speech is a question or exclamation, we use a question mark or exclamation mark, not a comma:
‘Is there a reason for this ? ’ she asked.
“I hate you ! ” he shouted.
We sometimes use a colon (:) between the reporting clause and the reported clause when the reporting clause is first:
The officer replied: ‘It is not possible to see the General. He’s busy.’
Punctuation
In indirect speech it is more common for the reporting clause to come first. When the reporting clause is first, we don’t put a comma between the reporting clause and the reported clause. When the reporting clause comes after the reported clause, we use a comma to separate the two parts:
She told me they had left her without any money.
Not: She told me, they had left her without any money .
Nobody had gone in or out during the previous hour, he informed us.
We don’t use question marks or exclamation marks in indirect reports of questions and exclamations:
He asked me why I was so upset.
Not: He asked me why I was so upset?
Say and tell.
We can use say and tell to report statements in direct speech, but say is more common. We don’t always mention the person being spoken to with say , but if we do mention them, we use a prepositional phrase with to ( to me, to Lorna ):
‘I’ll give you a ring tomorrow,’ she said .
‘Try to stay calm,’ she said to us in a low voice.
Not: ‘Try to stay calm,’ she said us in a low voice .
With tell , we always mention the person being spoken to; we use an indirect object (underlined):
‘Enjoy yourselves,’ he told them .
Not: ‘Enjoy yourselves,’ he told .
In indirect speech, say and tell are both common as reporting verbs. We don’t use an indirect object with say , but we always use an indirect object (underlined) with tell :
He said he was moving to New Zealand.
Not: He said me he was moving to New Zealand .
He told me he was moving to New Zealand.
Not: He told he was moving to New Zealand .
We use say , but not tell , to report questions:
‘Are you going now?’ she said .
Not: ‘Are you going now?’ she told me .
We use say , not tell , to report greetings, congratulations and other wishes:
‘Happy birthday!’ she said .
Not: Happy birthday!’ she told me .
Everyone said good luck to me as I went into the interview.
Not: Everyone told me good luck …
Say or tell ?
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The reporting verbs in this list are more common in indirect reports, in both speaking and writing:
Simon admitted that he had forgotten to email Andrea.
Louis always maintains that there is royal blood in his family.
The builder pointed out that the roof was in very poor condition.
Most of the verbs in the list are used in direct speech reports in written texts such as novels and newspaper reports. In ordinary conversation, we don’t use them in direct speech. The reporting clause usually comes second, but can sometimes come first:
‘Who is that person?’ she asked .
‘It was my fault,’ he confessed .
‘There is no cause for alarm,’ the Minister insisted .
Verb patterns: verb + that -clause
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by Andrea Byaruhanga
Published on March 23, 2021 / Updated on December 12, 2022
If you’ve been wondering ‘What is indirect speech in English , and how do I use it?’ you’ve come to the right place!
Indirect speech can be confusing at first, but you’ll see plenty of explanations and examples below to get you on the right track.
In order to understand what indirect speech is, it’s important to first understand its counterpart: direct speech.
Direct speech refers to repeating, or quoting, what someone said, word for word.
Direct speech can be useful – and even important – in some scenarios, such as these:
The US president said, ‘I will end this pandemic’.
The man said, ‘If you give me all your money, no one will get hurt!’
Yesterday night, before we went to bed, you said to me (and I quote): ‘Honey, I promise I will take out the rubbish bin first thing in the morning’.
But in reality, indirect speech is more common in most everyday situations.
When and how to use a hyphen in English
Indirect speech is also known as reported speech . We use it to report on what someone has said, much like direct speech, but not as a direct quote.
To show you what we mean, let’s take one of the examples from above and turn it into an indirect statement:
While the message is the same, you can see that the indirect speech is no longer directly quoting the US president’s words.
Here’s another one:
Now, let’s discuss how to change direct speech into indirect speech!
How to use affect and effect in English
First, we’ll look at the most common forms of indirect speech, which most commonly use the reporting verbs say and tell . A reporting verb is the verb you use to introduce what someone said.
subject + reporting verb + (that) + clause
Direct: Brother: I’ve quit my job.
Indirect: My brother said (that) he had quit his job.
subject + reporting verb + direct object** + (that) + clause
Direct: Carmel: I am leaving.
Indirect: Carmel told me (that) she was leaving.
**While the verb ‘say’ can stand alone, the verb ‘tell’ must use a direct object (in the example above that’s ‘me’).
You’ll see in the forms above, the word ‘ that ’ is in parenthese. That’s because you can decide to use it or not – it doesn’t usually make much difference.
The main reason you’d add the word ‘that’ is to give a bit of extra clarity to a sentence whose meaning could otherwise be a bit confusing.
Use and used to in English
When we report on something someone tells or asks you to do, or something that they’ve promised or offered, the form is different. A variety of reporting verbs can be used, such as promise , offer , ask , and order . Sometimes you should use a direct object, whereas other times, you shouldn’t.
subject + reporting verb + infinitive
Direct: Brother: ‘I will pay you back in one month’.
Indirect: My brother promised to pay me back in one month.
Direct: Sister: I can help you with your homework, if you’d like.
Indirect: My sister offered to help me with my homework.
subject + reporting verb + direct object + infinitive
Direct: Uncle: ‘Can you please watch the movie with us?’
Indirect: My uncle asked me to watch the movie with them.
Direct: Grandmother: Wash the dishes before the party!
Indirect: My grandmother ordered me to wash the dishes before the party.
How to confidently use reported speech in English
When you change a sentence from direct to indirect, the verb tenses change. Let’s look at some general rules:
Karen: ‘I’m tired’. | → | Karen said she was tired. | ||
Bob and Mark: ‘They are travelling’. | → | Bob and Mark said that they were travelling. | ||
Mom: ‘Kara was nervous’. | → | Mom told me Kara had been nervous. | ||
Friends: ‘We’ve worked out every day’. | → | My friends said that they had worked out every day. | ||
Daughter: ‘I will help you cook’. | → | My daughter told me she would help me cook. |
In addition to the verb tense changes above, there are other words you need to change, such as time markers and modal verbs.
Lily: ‘I come to the party’. | → | Lily said she come to the party. |
Parents: ‘We get a new car soon’. | → | My parents told me they get a new car soon. |
Customer: ‘We’ll buy shoes’. | → | The customer said they would buy shoes. |
Little girl: ‘I want one’ | → | The little girl said she wanted one. |
Me: ‘He has to leave right ’. | → | I said he had to leave right . |
Friends: ‘It would be nice to walk in the park ’. | → | My friends told me it would be nice to walk in the park . |
Neighbour: ‘We just saw them ’. | → | My neighbour said they had just seen them . |
Nico: ‘I want to visit them ’. | → | Nico told me he wanted to visit them |
Alana: I might go shopping . | → | Alana said she might go shopping . |
When you’re reporting on what someone else has said, it’s important that you modify the pronouns accordingly. Check out the following rules:
Now that you’ve got the basics, why not take your English to the next level?
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Andrea is a Canadian freelance writer and editor specializing in English, e-learning, EdTech, and SaaS. She has a background as an ESL teacher in beautiful Vancouver, British Columbia. In her free time, Andrea loves hanging out with her husband and children, creating recipes in the kitchen, and reading fiction. She also loves camping and jumping into lakes whenever possible. Learn more about Andrea on LinkedIn or check out her website .
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In writing, an "indirect quotation" is a paraphrase of someone else's words: It "reports" on what a person said without using the exact words of the speaker. It's also called "indirect discourse" and " indirect speech."
An indirect quotation (unlike a direct quotation ) is not placed in quotation marks. For example: Dr. King said that he had a dream.
The combination of a direct quotation and an indirect quotation is called a "mixed quotation." For example: King melodiously praised the "veterans of creative suffering," urging them to continue the struggle.
Note: In the following quoted examples, we would normally use quotation marks because we are giving you examples and observations of indirect quotes from newspapers and books that we are directly quoting. To avoid confusion in addressing the subject of indirect quotes and also situations where you would be shifting between direct and indirect quotes, we have decided to forgo the extra quotation marks.
It was Jean Shepherd, I believe, who said that after three weeks in chemistry he was six months behind the class. (Baker, Russell. "The Cruelest Month." New York Times, Sept. 21, 1980. )
U.S. Navy Admiral William Fallon, commander of the U.S. Pacific Command said he called Chinese counterparts to discuss North Korea's missile tests, for example, and got a written response that said, in essence, "Thanks, but no thanks." (Scott, Alwyn. "U.S. May Slap China With Suit in Intellectual-Property Dispute." The Seattle Times , July 10, 2006.)
In his order yesterday, Judge Sand said, in effect, that if the city was willing to offer incentives to developers of luxury housing, commercial centers, shopping malls, and executive parks, it should also be assisting housing for minority group members. (Feron, James. "Citing Bias Order, U.S. Curbs Yonkers on Aid to Builders." The New York Times , Nov. 20, 1987.)
Indirect discourse is an excellent way to say what someone said and avoid the matter of verbatim quoting altogether. It is hard to be uncomfortable with indirect discourse. If a quote is something like "I'll be there prepared for anything, at the first hint of dawn," and you think, for any reason, that it might not be in the verbatim zone, get rid of the quotation marks and state it in indirect discourse (improving the logic while you're at it).
She said she would be there at the first hint of dawn, prepared for anything.
(McPhee, John. "Elicitation." The New Yorker , April 7, 2014.)
An indirect quotation reports someone's words without quoting word for word: Annabelle said that she is a Virgo. A direct quotation presents the exact words of a speaker or writer, set off with quotation marks: Annabelle said, "I am a Virgo." Unannounced shifts from indirect to direct quotations are distracting and confusing, especially when the writer fails to insert the necessary quotation marks.
(Hacker, Diane. The Bedford Handbook , 6th ed., Bedford/St. Martin's, 2002.)
There are many reasons why we might opt to mixed quote another rather than directly or indirectly quote him. We often mixed quote another because (i) the reported utterance is too long to directly quote, but the reporter wants to ensure accuracy on certain key passages, (ii) certain passages in the original utterance were particularly well put ..., (iii) perhaps the words used by the original speaker were (potentially) offensive to an audience and the speaker wants to distance himself from them by indicating that they are the words of the individual being reported and not his own ..., and (iv) the expressions being mixed quoted might be ungrammatical or a solecism and the speaker might be trying to indicate that he's not responsible . ... (Johnson, Michael and Ernie Lepore. Misrepresenting Misrepresentation , Understanding Quotation , ed. by Elke Brendel, Jorg Meibauer, and Markus Steinbach, Walter de Gruyter, 2011.)
In indirect speech, the reporter is free to introduce information about the reported speech event from his point of view and on the basis of his knowledge about the world, as he does not purport to give the actual words that were uttered by the original speaker(s) or that his report is restricted to what was actually said. Indirect speech is the speech of the reporter, its pivot is in the speech situation of the report. (Coulmas, Florian. Direct and Indirect Speech, Mouton de Gruyter, 1986.)
Watch CBS News
Updated on: June 15, 2024 / 8:42 AM EDT / CBS/AP
A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones′ personal assets , but also dismissed the bankruptcy case of Infowars' parent company, Free Speech Systems.
The decisions leave the future of his Infowars media platform uncertain, as Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Judge Christopher Lopez approved converting Jones' proposed personal bankruptcy reorganization to a liquidation , but threw out the attempted reorganization of his company, Austin, Texas-based Free Speech Systems. Many of the Sandy Hook families had asked that the company also be liquidated.
It wasn't immediately clear what will happen to the company that Jones built into a multimillion-dollar moneymaker over the past 25 years.
One scenario could be that the company and Infowars are allowed to keep operating while efforts to collect on the $1.5 billion debt are made in state courts in Texas and Connecticut, where the families won lawsuits against Jones, according to lawyers involved with the case.
Another scenario is that lawyers for the Sandy Hook families go back to the bankruptcy court and ask Lopez to liquidate the company as part of Jones' personal case, because Jones owns the business, lawyers said.
Many of Jones' personal assets will be sold off, but he is expected to keep his primary home in the Austin area and some other belongings that are exempt from bankruptcy liquidation. He already has moved to sell his Texas ranch worth about $2.8 million, a gun collection and other assets to help pay debts.
Jones did not have any real reaction after the judge issued the order about his personal assets. CBS affiliate KHOU reported that every seat in the gallery was filled when the hearing began this morning.
Jones has been telling his web viewers and radio listeners that Infowars' parent company, Free Speech Systems, is on the verge of being shut down because of the bankruptcy. A headline on Infowars' website Friday said: "Watch Live! Will This Be The Final Day Of Infowars Transmissions?"
"This is probably the end of Infowars here very, very soon. If not today, in the next few weeks or months," Jones told reporters before the hearing began. "But it's just the beginning of my fight against tyranny."
Jones has been urging his followers to download videos from his online archive to preserve them and pointing them to a new website of his father's company if they want to continue buying the dietary supplements he sells on his show.
Jones and Free Speech Systems filed for bankruptcy protection in 2022, when relatives of many victims of the 2012 Sandy Hook school shooting that killed 20 first graders and six educators in Newtown, Connecticut, won lawsuit judgments of more than $1.4 billion in Connecticut and $49 million in Texas.
Lawyers for the Sandy Hook families have been seeking liquidation.
"Doing so will enable the Connecticut families to enforce their $1.4 billion in judgments now and into the future while also depriving Jones of the ability to inflict mass harm as he has done for some 25 years," Chris Mattei, a lawyer for the families in the Connecticut case, said.
The relatives said they were traumatized by Jones' comments and his followers' actions. They testified about being harassed and threatened by Jones' believers, some of whom confronted the grieving families in person saying the shooting never happened and their children never existed. One parent said someone threatened to dig up his dead son's grave.
Robbie Parker, whose daughter Emily was among those killed in the shooting, told CBS News before the hearing that seeing Jones take accountability is "part of a healing process" for him.
"There's the forgiveness part, that's a very internal, very sacred and personal thing, and then there's the things that you see in your life that have been impacted by things that Alex Jones has done, and so that accountability helps bring another layer of closure," said Parker.
Jones and Free Speech Systems initially filed for bankruptcy reorganization protection that would have allowed him to run Infowars while paying the families with revenues from his show. But the two sides couldn't agree on a final plan, and Jones recently filed for permission to switch his personal bankruptcy from a reorganization to a liquidation.
The families in the Connecticut lawsuit, including relatives of eight dead children and adults, have asked that Free Speech Systems' separate bankruptcy case also be converted to a liquidation. But the parents in the Texas suit — whose child, 6-year-old Jesse Lewis, died — want the company's case dismissed.
"You can forgive someone, but that doesn't mean that you forget," Scarlett Lewis, Jesse's mother, told CBS News before the judge's ruling. "They need to be held accountable so they don't do it to someone else."
Lawyers for the company filed documents indicating it supported liquidation, but attorneys for Jones' personal bankruptcy case filed a motion Wednesday saying he does not support that plan and wants the judge to dismiss the company's case.
With the Free Speech Systems' case is dismissed, the company could return to the same position it was in after the $1.5 billion was awarded in the lawsuits. Efforts to collect the damages would go back to the state courts in Texas and Connecticut. That could give Infowars an extended lifeline as collection efforts played out.
Although he has since acknowledged that the Sandy Hook shooting happened, Jones has been saying on his recent shows that Democrats and the "deep state" are conspiring to shut down his companies and take away his free speech rights because of his views. He also has said the Sandy Hook families are being used as pawns in the conspiracy. The families' lawyers say that is nonsense.
According to the most recent financial statements filed in the bankruptcy court, Jones personally has about $9 million in assets, including his $2.6 million Austin-area home and other real estate. He listed his living expenses at about $69,000 for April alone, including about $16,500 for expenses on his home.
Free Speech Systems, which employs 44 people, made nearly $3.2 million in April, including from selling the dietary supplements, clothing and other items that Jones promotes on his show, while listing $1.9 million in expenses.
The families have a pending lawsuit in Texas accusing Jones of illegally diverting and hiding millions of dollars. Jones has denied the allegations.
WASHINGTON— The Federal Reserve kept its key interest rate unchanged again Wednesday and scaled back its forecast from three rate cuts to just one this year after an inflation pickup in early 2024.
The outlook will likely disappoint markets that figured the Fed would pencil in two cuts after an encouraging report early Wednesday showed inflation slowing more than expected.
In a statement after a two-day meeting, the central bank acknowledged a resumption of at least some gains in its battle to tame inflation that has bedeviled Americans the past three years.
“In recent months, there has been modest further progress toward the (Fed’s) 2 percent inflation objective,” the Fed said.
In early May, officials had cited a “lack of further progress” in their battle to curtail price increases.
But the central bank also reiterated that it “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation (now running about 3% to 3.5%) is moving sustainably toward” the Fed’s 2% goal.
At a news conference, Fed Chair Jerome Powell said, "We want to see more good data to bolster our confidence that inflation is moving sustainably toward 2%."
The inflation report Wednesday came in cooler than expected, bolstering the view that a gradual moderation has resumed after price increases accelerated in the first quarter. Inflation overall was flat in May and a core price measure that excludes volatile food and energy items rose 0.2%, nudging down the annual increase to 3.4% from 3.6% the previous month, according to the consumer price index (CPI).
"We see today's report as progress and building confidence," Powell said. "This is a step in the right direction but it really is only one reading." He added, "We hope we get more like it."
Officials now estimate they’ll lower the federal funds rate by a quarter of a percentage point to a range of 5% to 5.25% by year’s end, according to their median estimate. That’s equivalent to one quarter point cut, fewer than the three decreases they projected in March. Most economists expected the first cut in September.
Policymakers are divided, though, with eight predicting two cuts this year, seven foreseeing one and four looking for none, suggesting the median could change depending on how inflation evolves in coming months.
Officials expect four rate cuts next year and another four in 2026, more than they previously anticipated, a blueprint that would lower the key rate to 3.1% by the end of 2026. That’s in line with their March estimate.
Some economists still believe the Fed will trim rates twice this year.
"Overall, there’s nothing here that rules out a September rate cut," Paul Ashworth of Capital Economics wrote in a note to clients. "It all depends on the incoming data. If employment growth edges down again and the May price data prove to be the start of a renewed disinflationary trend, as we expect, then two rate cuts this year is still the most likely outcome."
Rate cuts lower borrowing costs for consumers, stimulating the economy, and juice the stock market. In recent weeks, Fed officials have said they can be cautious as they weigh lower rates because inflation is still too high and the economy and job market are performing solidly despite nascent signs of a slowdown.
The Fed’s decision to stand pat for now leaves its benchmark short-term interest rate at a 23-year high of 5.25% to 5.5%. That means Americans will keep paying higher mortgage, credit card, auto loan and other rates but will continue to benefit from more generous bank savings yields after years of meager returns.
Since March 2022, the central bank has hiked the federal funds rate 11 times from near zero to corral a pandemic-induced inflation spike but it has left the rate unchanged since last July.
After hitting a 40-year high of 9.1% in mid-2022, annual inflation eased significantly last year as COVID-related product and labor shortages resolved. But progress stalled early this year in part because wage growth slowed more gradually, propping up price increases for services such as dining out and haircuts. Even some goods prices that had been falling moved higher.
In April, inflation showed signs of softening again but at a slower pace and Wednesday’s CPI report showed the pullback gathered force last month. Although rent, the chief inflation driver, kept rising, auto insurance, which had been surging, dipped and airline fares fell 3.6%. Economists expect cost increases for rent, auto insurance and healthcare to downshift in the months ahead as delayed pandemic effects fade but it’s uncertain how rapidly that will play out.
Fed officials estimate their preferred measure of annual inflation, the personal consumption expenditures (PCE) index, will fall from 2.7% to 2.6% by December, above the 2.4% they predicted in March.
A core PCE inflation reading that the Fed watches more closely is expected to hold steady at 2.8% by the end of the year, above the prior 2.6% estimate. Both overall inflation and the core measure are projected to fall to 2.3% by the end of 2025.
On Wednesday, the Fed said it expects the economy to grow 2.1% this year, similar to the prior estimate. It predicts 2% growth in 2025.
The economy grew a sturdy 3.1% in 2023 (as measured from the fourth quarter of 2022 to the fourth quarter of 2023). But growth slowed to less than 2% annualized in the first quarter of this year as low- and middle-income households largely depleted COVID savings and built up massive credit card debt while incurring high delinquency rates,
The current 4% unemployment rate is projected to end 2024 unchanged, in line with the March forecast, the Fed’s median estimate shows. Monthly job growth has averaged a surprisingly robust 248,000 this year, in line with 2023’s average. Although hiring has slowed, employers have been reluctant to lay off workers after enduring severe pandemic-related labor shortages but that benefit is expected to fade later this year, curtailing payroll gains.
Meanwhile, average yearly wage growth has tumbled to 4.1% from 5.9% in March 2022 but rose from 4% in April. The Fed wants pay increases to come down to 3.5% to align with its 2% inflation target.
Want to learn more? USA TODAY explains the news on interest rates. For more answers to your questions about today's report and other economic trends, keep reading:
The Fed on Wednesday kept its benchmark short-term interest rate unchanged at 5.25% to 5.5%, as seen in the chart below.
- James Sergent, Bailey Schulz
The FOMC is the Federal Open Market Committee, a 12-member branch of the Federal Reserve System that votes on interest rate decisions.
The committee includes the seven members of the Board of Governors at the Fed; the president of the Federal Reserve Bank of New York; and four other Reserve Bank presidents who hold one-year terms on a rotating basis.
Stocks remain bullish, with more than two-thirds of S&P 500 stocks pointing upwards and half trading above their 50-day moving average, according to Liz Sonders, Schwab’s chief investment strategist.
But underneath the surface, changes are afoot, analysts said.
“Higher inflation and interest rates have weighed on the outlook for consumer spending as excess savings have largely been spent,” wrote LPL Financial strategists Adam Turnquist and Jeffrey Buchbinder in a report.
In contrast, industrials have benefitted from “increased infrastructure spending, re-shoring activity, and defense spending,” they said. “Industrials are also a backdoor artificial intelligence (AI) play given their role in data center construction and maintenance.”
- Medora Lee
Stocks hit record highs Wednesday on the news that inflation is not rising and the Fed could begin cutting rates this year.
The Dow Jones, S&P 500 and Nasdaq all surged in the minutes after the market opened over an inflation report that was downright boring: exactly what the market wanted. Inflation was essentially flat, with the annual rate rising 3.3% in May, compared with 3.4% in April.
The Dow ended the day down 0.09%. The S&P gained 0.9% and the Nasdaq jumped 1.5%, ending the day at record highs.
- Daniel de Visé , Bailey Schulz
If the Fed looks like it’s willing to cut rates on a mere forecast, rather than actual evidence, of inflation slowing to its 2% target, U.S. bond investors “should worry,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA.
“Sure, the Fed is itching to cut rates, but easing policy with a weak economy and a high level of joblessness is very different from the macro environment that the Fed is currently facing,” he said. “Although the domestic economy looks to be slowing back toward trend, the labor market remains tight, unit labor costs and wages are still rising faster than what is consistent with 2% inflation.”
If inflation reaccelerates or stays high, bond yields will, too.
Credit card interest rates are still climbing, even with the Fed on hold . The average annual percentage rate (ARP) on a new card in June notched the biggest monthly increase since November, rising to 24.80%, LendingTree said.
“Consumers need to understand that the cavalry isn’t coming anytime soon, so the best thing you can do is take things into your own hands when it comes to lowering credit card interest rates,” said Matt Schulz, LendingTree credit analyst.
According to LendingTree credit analyst Matt Schulz, options include:
Last week, the European Central Bank and Bank of Canada each lowered their key rates by a quarter point.
Do those moves put the Fed under pressure to cut rates in the U.S.?
"Publicly, the Fed has to say there's no pressure, but privately, it might be a consideration," said Stephen Bittel, founder and chairman of Terranova Corporation, noting that businesses may head abroad to borrow at a cheaper rate.
But to safeguard consumer purchasing power, experts say, the Fed needs to stay focused on lowering inflation.
"The average person is going through hell," said David Lynd, chief executive at real estate company The Lynd Company. "Inflation is ravaging the consumer. They're out of money, used up their credit cards, borrowing from mom and dad. There's not a lot left with inflation not going down."
Minneapolis Fed President Neel Kasharki says consumers “viscerally hate high inflation” and prefer recession to inflation. "High inflation affects everybody. There’s no one I can lean on for help because everyone in my network is experiencing the same thing I’m experiencing."
And there's still a risk that high inflation could persist. "The economy has repeatedly surprised to the upside since the Fed stopped hiking and began forecasting cuts," said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA.
The Fed doesn't set mortgage rates, but what it does with the federal funds rate can influence them, along with the bond market and inflation.
“There’s a good chance that we’re going to need to get used to rates around 7% again, at least until we start getting better economic news,” said Jacob Channel, senior economist at comparison site LendingTree. “Unfortunately, this probably means that summer homebuying season is going to be expensive and difficult for many would-be buyers to navigate.”
That shouldn’t dissuade you from buying a home you love and can afford.
“If you spend too much time waiting for the ‘perfect’ conditions to arise, you could end up letting a lot of good opportunities go to waste,” he said.
You can also refinance when rates drop, experts said.
The average 30-year fixed mortgage rate was 7.38% on June 7. The average rate was 6.59% on a 15-year fixed-rate mortgage.
Borrowers’ rates on auto loans are mostly based on factors like credit background, vehicle price, down payment and the lender’s borrowing costs and risks. Fed rate moves have only a small effect.
Still, interest rates on new and used car loans are elevated, hampering car sales, analysts said.
In the first three months of the year, the average APR for new vehicles was 7.1%, marking the fifth consecutive quarter this figure has remained above 7%, while used-vehicle APRs rose one-tenth of a percentage point to 11.7% from the end of last year, car comparison site Edmunds said.
Even the return of new-vehicle incentives isn’t enough to combat steadily high interest rates and climbing negative equity , said Jessica Caldwell, Edmunds’ head of insights. Negative equity means your car’s value is less than what you paid. Negative equity on trade-ins reached an all-time average high of $6,167 this year, she said.
The latest estimate of Social Security' s cost-of-living adjustment for 2025 slipped to 3% after the government reported 3.3% inflation in May , new calculations showed on Wednesday.
The 2025 COLA adjustment eased along with inflation, following an uptick earlier this year . But the increase probably lowballs what seniors will need to keep up with inflation, said Mary Johnson, a retired analyst for the nonprofit Senior Citizens League who tracks and calculates COLA estimates.
The consumer price index (CPI), a broad measure of goods and services costs, rose 3.3% in May from a year earlier. That's down from 3.4% in April .
The Social Security cost-of-living adjustment is based on the "consumer price index for urban wage earners and clerical workers," or CPI-W. That figure dipped to 3.3% from April's 3.4% , but it still outpaced the 3.2% COLA Social Security recipients began receiving in January .
COLA estimate: Social Security COLA estimate dips, but seniors remain in a hole. Here's why.
A lot has happened in the last three years. But not a lot of interest rate cuts.
For months now, market forecasters have wondered when the Federal Reserve would step in to reduce interest rates. But the Fed hasn’t budged. The benchmark rate stands at a target range of 5.25% to 5.5%, where it has been since July: Nearly a year.
The last time the Fed actually cut interest rates was in March 2020, at the peak of the pandemic. In an emergency meeting on March 14 and 15, the Fed moved to trim its target rate by a full percentage point , from a range of 1%-1.25% to a range of 0-0.25%: Effectively, zero.
The next time the Fed acted on interest rates was two years later, almost to the day, in a meeting on March 15 and 16, 2022. Worried about rising inflation, the panel ordered a quarter-point increase, to a target range of 0.25% to 0.50%.
It’s been all uphill from there. In a series of meetings between that March and July 2023, the Fed pushed interest rates up five full points, setting them at their current level.
- Daniel de Visé
The economy: At 3.3%, inflation remains too high for Fed. What economic data are saying, too
While the Fed's recent campaign of interest-rate hikes doesn't directly affect mortgage rates, the increases have rippled through the economy and made the math more difficult for homebuyers.
As of Tuesday, the average annual percentage rate (APR) for a 30-year fixed mortgage was 7.50%. That rate was about the same as a month ago, but much higher than the mortgage rates we saw between 2010 and early 2022.
Late last year, mortgage rates reached a peak of 7.79%. At that rate, new buyers were paying $2,877 in principle and interest on a $400,000 mortgage, according to Bankrate's mortgage calculator . That's more than $1,000 higher than payments on a similar mortgage before the Fed started battling inflation.
Mortgage rates are up from the beginning of the year and well above the 10-year median.
Not surprisingly, as mortgage rates have risen, existing home sales have tumbled. At the same time, average home prices are rising, because fewer homes are on the market. According to economists, homeowners with mortgage rates of 3% or lower are understandably reluctant to give them up.
- Jim Sergent and Daniel de Visé
The U.S. unemployment rate rose to 4% in May. The monthly number, which represents the percentage of people who are unemployed and looking for work, ticked up from 3.9% in April.
The unemployment rate is rising slowly, which could suggest that employers are pulling back on hiring. Still, the rate remains below the 10-year monthly median rate of 4.3%. The job market had been on a similar roll in 2020 before the pandemic put millions out of work.
The U.S. economy produced $22.7 trillion of goods on an inflation-adjusted, annualized basis in the first quarter of 2024. That activity pushed up GDP by 1.3% – recently adjusted down from 1.6% – from the fourth quarter of 2023.
In other words, the U.S. economy is still growing, but not at a very brisk pace. Some have speculated the Fed's campaign of interest-rate increases may be starting to weigh on businesses and consumers. Another factor is a spike in imports, reflecting Americans’ purchases from overseas producers.
- Jim Sergent
The annual inflation rate seems to be stalled in the range of 3% to 3.5%, a space it has occupied since the start of the year. And while that figure isn't particularly high, it's higher than the 2% rate the Federal Reserve has set as a goal.
Why does inflation remain elevated?
One of the “uncontrollable” inflation components is rent, which remains high and accounts for about one-third of the basket of goods and services used to calculate the consumer price index, said Stephen Bittel, founder and chairman of Terranova Corporation, an alternative investment firm specializing in commercial real estate.
Last month, at a conference in Amsterdam , Fed Chair Jerome Powell called housing inflation “a bit of a puzzle.” Measures of new apartment leases show rents barely increasing.
Friday’s surprisingly strong jobs report , coupled with a 4.1% year-over-year jump in wages, “should drive a rebound in consumer spending,” said Nationwide chief economist Kathy Bostjancic. That trend, too, “could help keep inflation more buoyant," she said, further delaying the timeline of any interest rate cuts by the Fed.
Wednesday’s inflation report should come as welcome news to the Federal Reserve, analysts and forecasters said.
Inflation was essentially flat in May, defying fears of an overheated economy.
“As we hear from the Fed later today, today’s inflation data should be another feather in the cap for Chairman Powell and raise the confidence for the rest of the voting members,” said Charlie Ripley, Senior Investment Strategist for Allianz Investment Management. “More importantly, as we look further out on the calendar, the distance from here to the first rate cut of the cycle appears to be rapidly approaching.”
But analysts cautioned that the new inflation report was hardly definitive.
“Overall, today’s inflation numbers will be a welcome sight for the Fed, though certainly not enough to push them to cut rates,” said Elizabeth Renter , a data analyst at NerdWallet, the personal finance site.
"The Fed will be glad to see inflation slow in this report,” said Bill Adams, Chief Economist for Comerica Bank. “But they will wait for clearer progress toward their inflation target before they start cutting interest rates.”
Comerica’s forecast has the Fed holding interest rates steady today, and again at its next meeting in July, then cutting rates in September, with another likely cut in December: two in all.
After today’s meeting, the Federal Reserve has four more chances to act on interest rates this year. The panel meets every month or two.
Here are the remaining Fed meetings planned for 2024 , including this week’s session:
The Fed’s benchmark, short-term interest rate has stood at a 23-year high of 5.25% to 5.5% since July, as the Fed waits for inflation to cool.
Annual inflation dipped to 3.3% in May from 3.4% in April – far below the peak of 9.1% in June 2022, but still above the Fed’s 2% goal.
Odds are slim for a rate cut this summer. Yet, futures markets are still betting on one cut this year, probably in September, as inflation retreats, according to the CME FedWatch Tool, which measures market expectations for changes in the benchmark rate.
As recently as March, the median forecast called for three rate cuts this year. Fed officials have since acknowledged that inflation has been surprisingly slow to drop , and economists expect the panel to pencil in fewer rate cuts. But one cut, or two? It will be a close call.
The May consumer price index (CPI) is out, coming just hours before the Fed’s meeting ends, and new inflation data could influence the Fed’s rate cut forecasts.
The Bureau of Labor Statistics released May's consumer price index Wednesday morning. For the month, inflation, as measured by the CPI, was unchanged when seasonally adjusted. The annual inflation rate fell slightly to 3.3%.
Thus, while inflation isn’t spiking, the annual rate appears stuck above 3%. That's more than a full percentage point above where Fed officials want to see it, and another sign that borrowing costs will remain elevated.
The inflation report “could influence the tone” of the Fed meeting, wrote Deutsche Bank chief economist Matthew Luzzetti, in a note. Fed Chair Jerome Powell’s “comments on inflation will no doubt reflect the May CPI data released that morning.”
- Medora Lee and James Sergent
Almost no one expects the Federal Reserve to lower interest rates when officials conclude their two-day meeting Wednesday. But economists and investors will be looking for clues about when the central bank finally might cut its key rate, and how many times it might do so this year.
Coming into the year, many economists predicted rates would already be falling. They expected as many as six or seven rate cuts this year.
But inflation endures, and at this point, most economists have scaled back their rate cut predictions to two, one or none in 2024. A few experts, including Minneapolis Fed President Neel Kashkari, have even suggested a rate hike probably won’t happen at all .
Interest rates are the main tool the Fed uses to combat inflation. High rates make borrowing more expensive, which slows spending and the economy, generally easing overall price hikes.
Right-wing conspiracy theorist Alex Jones pauses before speaking to the media after arriving at the federal courthouse for a hearing in front of a bankruptcy judge Friday, June 14, 2024, in Houston. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones gives a thumbs-up as he goes through security at the federal courthouse after arriving for a hearing in front of a bankruptcy judge Friday, June 14, 2024, in Houston. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones speaks to the media as he arrives at the federal courthouse for a hearing in front of a bankruptcy judge Friday, June 14, 2024, in Houston. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones speaks to the media after arriving at the federal courthouse for a hearing in front of a bankruptcy judge Friday, June 14, 2024, in Houston. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones leaves the federal courthouse during a lunch break in a bankruptcy hearing Friday, June 14, 2024, in Houston. A federal judge has ordered the liquidation of Jones′ personal assets. The judge is still deciding on a separate bankruptcy case involving Jones’ company. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones wipes his forehead as he speaks to the media after arriving at the federal courthouse for a hearing in front of a bankruptcy judge Friday, June 14, 2024, in Houston. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones returns to the federal courthouse for a hearing in front of a bankruptcy judge Friday, June 14, 2024, in Houston. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
FILE - Parents leave a staging area after being reunited with their children following a shooting at the Sandy Hook Elementary School in Newtown, Conn., where authorities say a gunman opened fire, Dec. 14, 2012. Right-wing conspiracy theorist Alex Jones appears on the brink of losing the Infowars media platform that he turned into a multimillion-dollar moneymaker, as a bankruptcy judge is set to rule, Friday, June 14, 2024, whether to liquidate his assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/Jessica Hill, File)
The Bob Casey Federal Courthouse is shown Friday, June 14, 2024, in Houston, before the expected appearance of right-wing conspiracy theorist Alex Jones for a hearing in front of a bankruptcy judge. The judge is expected to rule on whether to liquidate Jones’ assets to help pay the $1.5 billion he owes for his false claims that the Sandy Hook Elementary School shooting was a hoax. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones listens to his lawyer outside the federal courthouse after a bankruptcy hearing Friday, June 14, 2024, in Houston. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones leaves the federal courthouse after a bankruptcy hearing Friday, June 14, 2024, in Houston. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones, right, leaves the federal courthouse after a bankruptcy hearing Friday, June 14, 2024, in Houston. (AP Photo/David J. Phillip)
Right-wing conspiracy theorist Alex Jones speaks outside the federal courthouse after a bankruptcy hearing Friday, June 14, 2024, in Houston. (AP Photo/David J. Phillip)
HOUSTON (AP) — A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones′ personal assets but dismissed his company’s separate bankruptcy case, leaving the immediate future of his Infowars media platform uncertain as he owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Judge Christopher Lopez approved converting Jones’ proposed personal bankruptcy reorganization to a liquidation. But Lopez threw out the case of his company, Austin, Texas-based Free Speech Systems, after failed attempts by Jones to reach an agreement with Sandy Hook families on his proposals to reorganize and keep operating the company while paying them millions of dollars.
It wasn’t immediately clear what will happen in the coming weeks to Free Speech Systems, Infowars’ parent company, which Jones built into a multimillion-dollar moneymaker over the past 25 years by selling dietary supplements and other products. But both Jones and lawyers for the Sandy Hook families said they expect Infowars to cease operating at some point because of the huge debt.
A trustee appointed Friday in Jones’ personal bankruptcy case to oversee the liquidation now has control over his assets, including Infowars, according to lawyers for Sandy Hook families.
Dismissal of Free Speech Systems’ case means the families can now move immediately to collect on the $1.5 billion in state courts in Texas and Connecticut where they won defamation lawsuits against Jones and the company. It’s possible Infowars will continue operating during the collection efforts, which could include selling off the company’s assets.
Jones, who smiled as the judge dismissed the company’s case, called in to Infowars after the court hearing and predicted more battles in the state courts. “The bizarre political attempts to hijack the operation have failed,” he said, and added that he would find another way to broadcast his shows if he loses Infowars.
Outside the courthouse, he railed about the families not accepting his reorganization proposals and alleged that they were being used by political groups in a conspiracy to silence him. He said he would try to maximize revenues at Infowars to make money for creditors and then wind down the business in a way that takes care of its 44 employees.
“This is about taking me off the air,” Jones said. “Understand that what you’ve seen in the corporate media about me, or what I said about Sandy Hook or any of this, has no bearing on reality.”
Chris Mattei, a lawyer for the Sandy Hook families, called Infowars “soon-to-be defunct” as his clients move to collect on the debt in state courts. He said the families will also pursue Jones’ future earnings.
“Today is a good day,” Mattei said in a text message after the hearing. “Alex Jones has lost ownership of Infowars, the corrupt business he has used for years to attack the Connecticut families and so many others. ... Alex Jones is neither a martyr nor a victim. He is the perpetrator of the worst defamation in American history.”
Lopez had been asked to either convert Free Speech Systems’ bankruptcy reorganization to a liquidation or dismiss the case. He said his sole focus was what would be best for the company and its creditors. He also said Free Speech Systems’ case appeared to be one of the longest running of its kind in the country, and it was approaching a deadline to resolve it.
“I was never asked today to make a decision to shut down a show or not. That was never going to happen today one way or another,” Lopez said. “This case is one of the more difficult cases I’ve had. When you look at it, I think creditors are better served in pursuing their state court rights.”
Many of Jones’ personal assets will be sold off, but his primary home in the Austin area and some other belongings are exempt from bankruptcy liquidation. He already has moved to sell his Texas ranch worth about $2.8 million, a gun collection and other assets to pay debts.
In the lead-up to Friday’s hearing, Jones had been telling his web viewers and radio listeners that Free Speech Systems was on the verge of being shut down because of the bankruptcy. He urged them to download videos from his online archive to preserve them and pointed them to a new website of his father’s company if they want to continue buying the dietary supplements he sells on his show.
Jones has about $9 million in personal assets, according to the most recent financial filings in court. Free Speech Systems has about $6 million in cash on hand and about $1.2 million worth of inventory, according to J. Patrick Magill, the chief restructuring officer appointed by the court to run the company during the bankruptcy.
During Friday’s hearing, lawyers for the Sandy Hook families repeated claims that Jones illegally diverted millions of dollars both before and during the bankruptcies, and questioned his sending his audience to his father’s website. The families have a pending lawsuit in Texas accusing Jones of illegally diverting money, which he denies, and said they will continue efforts to claw it back.
Jones and Free Speech Systems filed for bankruptcy protection in 2022, when relatives of many victims of the 2012 school shooting that killed 20 first graders and six educators in Newtown, Connecticut, won lawsuit judgments of more than $1.4 billion in Connecticut and $49 million in Texas .
The relatives said they were traumatized by Jones’ comments and his followers’ actions. They have testified about being harassed and threatened by Jones’ believers, some of whom confronted the grieving families in person saying the shooting never happened and their children never existed. One parent said someone threatened to dig up his dead son’s grave.
Jones is appealing the judgments in the state courts.
The families in the Connecticut lawsuit, including relatives of eight dead children and adults, had asked that Free Speech Systems’ bankruptcy case also be converted to a liquidation. But the parents in the Texas suit — whose child, 6-year-old Jesse Lewis, died — wanted the company’s case dismissed, saying it would speed up collection of Jones’ debt to them.
Lawyers for the company filed documents indicating it supported liquidation, but attorneys for Jones’ personal bankruptcy case wanted the judge to dismiss the company’s case.
Collins reported from Hartford, Connecticut.
Morning Rundown: First storm warning of hurricane season, partnership grows between Mexican cartels and Chinese organized crime, and meet the 'Harriet Tubman of Texas'
WASHINGTON — Three and a half years ago, President Donald Trump incited a violent riot at the Capitol in a bid to overturn Joe Biden’s election victory and remain in power, a special House committee concluded after a lengthy investigation.
On Thursday, Trump made his first visit to Capitol Hill since before the Jan. 6 attack as Republicans gave a hero’s welcome to their party’s presumptive 2024 nominee.
Less than five months before Trump's rematch with Biden, the closed-door meetings with House and Senate Republicans represented a rare moment of unity for a party that has been engaged in a civil war since Jan. 6.
In the Senate meeting, Trump made peace with Minority Leader Mitch McConnell, R-Ky., who had blamed Trump for the deadly Capitol riot. The two men had not spoken since December 2020. McConnell said he and Trump shook hands several times Thursday, calling it “a good meeting” and an “entirely positive session."
Rep. Matt Gaetz, R-Fla., a Trump loyalist, said as he left the House gathering, “It was a pep rally for President Trump.”
With Trump and Biden locked in a competitive race and control of Congress up for grabs this fall, many in the GOP expressed optimism about sweeping the 2024 elections and acting swiftly on Trump’s agenda.
Trump delivered a message about "unity," saying Republicans need to come together to defeat Democrats in November, said a source in his meeting with House Republicans. He offered to do tele-town halls for members facing tough races and stressed that Republicans should not attack one another.
At one point, two sources said, Trump implored a close ally, Rep. Marjorie Taylor Greene, R-Ga., to get along with House Speaker Mike Johnson, R-La., whom she attempted to oust from power .
"Marjorie, are you being nice to Mike?" Trump asked, the sources said, eliciting laughter from House Republicans.
A source who observed Greene's reaction said she made a “sort of” hand gesture, which Greene herself confirmed afterward.
During his talk, Trump jumped from topic to topic, touching on border security and China — "They are ripping us off" — to railing against trans athletes in women's sports.
Minutes after the Supreme Court rejected a challenge to the abortion pill mifepristone, Trump told House Republicans that in the post-Roe-v.-Wade environment, the party needs to talk about abortion correctly, multiple sources said.
He acknowledged that the issue of abortion rights had cost Republicans and that it’s too important to ignore while adding it's now back in the hands of the people and the states — his stated preference. He also voiced support for abortion policy that includes exceptions in cases like rape and incest and to protect the life of the woman.
“We’re the party of common sense” on that and other key issues, Trump told the lawmakers. He did not directly refer to mifepristone or the Supreme Court ruling.
Members in the room had mixed reactions to his abortion riff, the sources said.
Trump also took a shot at Milwaukee, the host city of the Republican National Convention, where Trump will formally accept the GOP presidential nomination. It's planned for July 15 through 18, though Trump may not attend in person .
He called Milwaukee “horrible” and said it was overrun by crime, a source said, adding that no one in the room disagreed with him.
As Trump arrived for his first meeting at the Capitol Hill Club on Thursday morning, a handful of protesters held signs reading things like “Failed Coup” and “Democracy forever, Trump never.” The Democratic National Committee, meanwhile, has set up a mobile billboard that will try to follow Trump between meetings while airing video from the Jan. 6 attack.
Thursday's meeting was the first time since the Capitol riot that Trump had been in the same room with McConnell, with Trump's campaign having accused McConnell of "killing the Republican Party through weakness and cowardice" and having gone after McConnell's wife, Elaine Chao, with racist attacks.
At the time, McConnell slammed Trump as being “practically and morally responsible for provoking the events” of Jan. 6. He has since endorsed Trump for president — and announced that he will step down as Senate GOP leader after this year.
“I said three years ago right after the Capitol was attacked that I would support our nominee, regardless of who it was — including him. I’ve said earlier this year I support him. He’s earned the nomination by the voters all across the country,” McConnell told reporters Tuesday, without using Trump’s name.
Senators described the handshakes between Trump and McConnell as a unifying moment. "To me, that was some type of reconciliation," said Sen. Mike Braun, R-Ind. "There was a lot of unity in that room."
During the meeting, Senate GOP Conference Chair John Barrasso of Wyoming brought out a birthday cake to mark Trump's 78th birthday on Friday. Candles on the cake read "45" — Trump was the 45th president — but Barrasso added another set of candles on the cake that read "47," as Trump seeks to return to the White House as the 47th president.
Senators wished Trump a happy birthday, and he made a wish before he blew out the candles.
The Senate discussion focused heavily on energy and economic policy, including threatening tariffs on China if it buys oil from Iran. And he spoke about a new policy proposal he raised at a Las Vegas rally over the weekend: getting rid of taxes on tips .
Trump joked to senators that he has become very popular among the caddies at Mar-a-Lago, his golf club and home in Florida, after he proposed tax exemptions for tips, according to Sen. Kevin Cramer, R-N.D.
Sen. Mike Rounds, R-S.D., told NBC News, "The little guy who makes his money on tips — making that no longer taxable is something that really resonates with a lot of people."
Between meetings with House and Senate Republicans, Trump sat down with CEOs with the Business Roundtable, a lobbying group that says it represents more than 200 major companies, as Washington and key industries prepare for the reality that Trump might be president again.
Several top contenders vying to be Trump's running mate also had a chance to catch his attention Thursday. They included GOP Sens. JD Vance of Ohio, Marco Rubio of Florida and Tim Scott of South Carolina. Trump mentioned the trio by name but not in a way that revealed his thinking about a decision about his running mate, a source said.
Some Trump critics in the party did skip out on the Senate meeting, including Sens. Lisa Murkowski of Alaska and Susan Collins of Maine. Both voted to convict Trump after he was impeached in connection with Jan. 6.
Sen. Mitt Romney, R-Utah, another vocal Trump critic who voted for conviction, had planned to catch a flight rather than attend the meeting. But on Wednesday, he said his flight to Florida had been canceled and that therefore he would join the event.
Trump was not expected to set foot in the Capitol complex itself, which his supporters overran in 2021. He huddled in the morning with House Republicans at the Capitol Hill Club, a private Republican club just steps from the Capitol office buildings. In the afternoon, he was to meet with GOP senators at the National Republican Senatorial Committee headquarters after having addressed the Business Roundtable.
Sen. Todd Young, R-Ind., who has not endorsed Trump for president, declined to say whether he would attend.
“No Trump questions,” Young said, adding that it is a personal rule “until I decide to make it no longer a rule.”
Scott Wong is a senior congressional reporter for NBC News.
Sahil Kapur is a senior national political reporter for NBC News.
Ali Vitali is a Capitol Hill correspondent for NBC News, based in Washington.
Julie Tsirkin is a correspondent covering Capitol Hill.
On April 9, Twitter/X began automatically modifying links that mention “twitter.com” to read “x.com” instead. But over the past 48 hours, dozens of new domain names have been registered that demonstrate how this change could be used to craft convincing phishing links — such as fedetwitter[.]com , which until very recently rendered as fedex.com in tweets.
The message displayed when one visits goodrtwitter.com, which Twitter/X displayed as goodrx.com in tweets and messages.
A search at DomainTools.com shows at least 60 domain names have been registered over the past two days for domains ending in “twitter.com,” although research so far shows the majority of these domains have been registered “defensively” by private individuals to prevent the domains from being purchased by scammers.
Those include carfatwitter.com , which Twitter/X truncated to carfax.com when the domain appeared in user messages or tweets. Visiting this domain currently displays a message that begins, “Are you serious, X Corp?”
Update: It appears Twitter/X has corrected its mistake, and no longer truncates any domain ending in “twitter.com” to “x.com.”
Original story:
The same message is on other newly registered domains, including goodrtwitter.com (goodrx.com), neobutwitter.com (neobux.com), roblotwitter.com (roblox.com), square-enitwitter.com (square-enix.com) and yandetwitter.com (yandex.com). The message left on these domains indicates they were defensively registered by a user on Mastodon whose bio says they are a systems admin/engineer. That profile has not responded to requests for comment.
A number of these new domains including “twitter.com” appear to be registered defensively by Twitter/X users in Japan. The domain netflitwitter.com (netflix.com, to Twitter/X users) now displays a message saying it was “acquired to prevent its use for malicious purposes,” along with a Twitter/X username.
The domain mentioned at the beginning of this story — fedetwitter.com — redirects users to the blog of a Japanese technology enthusiast. A user with the handle “amplest0e” appears to have registered space-twitter.com , which Twitter/X users would see as the CEO’s “space-x.com.” The domain “ametwitter.com” already redirects to the real americanexpress.com.
Some of the domains registered recently and ending in “twitter.com” currently do not resolve and contain no useful contact information in their registration records. Those include firefotwitter[.]com (firefox.com), ngintwitter[.]com (nginx.com), and webetwitter[.]com (webex.com).
The domain setwitter.com, which Twitter/X until very recently rendered as “sex.com,” redirects to this blog post warning about the recent changes and their potential use for phishing.
Sean McNee , vice president of research and data at DomainTools, told KrebsOnSecurity it appears Twitter/X did not properly limit its redirection efforts.
“Bad actors could register domains as a way to divert traffic from legitimate sites or brands given the opportunity — many such brands in the top million domains end in x, such as webex, hbomax, xerox, xbox, and more,” McNee said. “It is also notable that several other globally popular brands, such as Rolex and Linux, were also on the list of registered domains.”
The apparent oversight by Twitter/X was cause for amusement and amazement from many former users who have migrated to other social media platforms since the new CEO took over. Matthew Garrett , a lecturer at U.C. Berkeley’s School of Information, summed up the Schadenfreude thusly:
“Twitter just doing a ‘redirect links in tweets that go to x.com to twitter.com instead but accidentally do so for all domains that end x.com like eg spacex.com going to spacetwitter.com’ is not absolutely the funniest thing I could imagine but it’s high up there.”
It’s been patched already, before anyone could abuse, click-bait article.
Came to say the same Krebs must no like X.
I started reporting this last night, when it was still very much a thing. The story has been updated to note that Twitter/X apparently has fixed its mistake.
Hopefully the coders behind this innovative case, and those who tested the work, do not go anywhere near the alleged blue-sky-one-day-promise self-driving vehicle elon keeps hyping to pump his stock. It is known Elon uses his companies interchangeably and brought Tesla people to X, so no doubt the reverse can happen. Or, perhaps, he lost the password to his fiverr account 🙂
Even if it was patched, this was a monumental blunder. Lessons learned in outsourcing your regex to high schoolers.
Yes, and unlikely to help the CEO with his efforts to win back advertisers and major brands, many of whom are probably hopping mad about this.
I’m sorry, did you mean regetwitter?
Ha! Ha! Nice, Gene
But the fact is that Twitter systems admins and operators made a newbie mistake, and didn’t test their changes. And we surely will take your word that the problem has been resolved…
Even if it has been patched, it shows a lack of quality control on the part of Twitter/X. This is an elementary mistake that should have easily been caught through proper testing. Also sounds like it took them at least 2 days to fix it given the increase in domain registrations ending in twitter.
Seriously? KOS doesn’t need to do click bait.
Everything Musk Touches Gets FU In Time.
Don’t cry you bitch
And on cue, the bot/troll accounts arrive to do their thing. Someone is submitting a lot of these comments. Typical.
You hit a lot of nerve with the russian trolls for sure. My guess is that “your love” for mother ruzzia is egging them on.
This is what happens when a manchild fires all the good developers.
Although, Brian, I’m not sure I understand how fedex.com turned into fedetwitter.com when they were replacing twitter.com with x.com?
You can call him a manchild if you like, but that manchild has more money than you…and was smart enough to purge Twitter/X of the indoctrinated horde…
And replaces them with sycophants too frightened to challenge him? Yep, that’s progress…
“was smart enough to purge Twitter/X of the indoctrinated horde…”
… and replaced them with a vile pit of indoctrinated Andrew Tate wannabees, costing said manchild billions in advertising revenue. LOL
Your comment is not the flex you think it is.
fedetwitter.com -> (replace all instances of ‘twitter.com’ with ‘x.com’) -> fede(twitter.com) -> fede(x.com) -> fedex.com
You don’t work for Twitter?
I think it goes like this (Brian will correct me):
A bad actor registers a Domain called completwitter.com, and creates a tweet with the text and underlying URL completwitter.com.
Along comes X’s silly bot and changes the text in the tweet to complex.com, but leaves the underlying URL as-is, namely completwitter.com.
An unsuspecting user sees the tweet with text complex.com and clicks on it, and is taken to the site built by the bad actor for completwitter.com.
Does that help?
–PeterinFtL
It’s interesting to go to the setwitter.com website.
I think we can just say, “Elon Musk” to explain this debacle! Glad it’s been found, being dealt with, and reported. Thank you, Kerbs on Security! You saved me from some major issues this morning, or yesterday with reports on Microsofts major security issues and required updates. I took care of that, immediately!
You are the top notifier of web security awareness!
This is an epic but ‘clbuttic’ text substitution mistake!
Needed a good chuckle this a.m. Thx, Brian.
krebs still big mad with TDS and his hate for elon and free speech.
Do they teach rudimentary English where you live? Or if this is your fifth language? I suppose we should be grateful that you’ve tried. Mostly when writing English, we use a capital letter (that is a B for big letter) at the start of a sentence.
Krebs IS still mad… (if so, I guess you have the evidence). As in use “is” – not the big letters that I used for emphasis.
Elon is a person’s name, so it also has a capital letter.
My daughter could understand this by, oh maybe the seventh grade, and English is her third language.
Even I can manage better and I have a visual handicap (so severe, for example, that I cannot drive a motor vehicle).
If you are going to insult somebody, try doing it properly.
You might not be American, neither am I, but even I have a rudimentary understanding of the concept of free speech and Constitutional protections in that country. Much of the same provisions are broadly applicable in most civilised countries anyway. Just because you might open your mouth and shout fire in a crowded theatre, when there is no fire, does not mean your free speech is emasculated when you appear in front of a judicial body.
Your hatred of the English language is evident.
Krebs is the Jon Stewart of security reporting.
-> back to Breitbart, human fleas.
Comments are closed.
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The former president is engaging in policy briefings — but no role playing, or other traditional aspects of debate preparations — ahead of the June 27 debate against President Biden.
By Maggie Haberman and Jonathan Swan
Former President Donald J. Trump’s aides often downplay his preparations for events like debates.
But Mr. Trump used part of his Thursday afternoon in Washington to participate in what passes for debate prep in his world — a policy session with Senators Marco Rubio of Florida and Eric Schmitt of Missouri, according to five people familiar with the meeting.
The session, which also included members of Mr. Trump’s staff, was held at the Republican National Committee headquarters near Capitol Hill, the area where Mr. Trump had held other meetings with lawmakers earlier in the day.
One of the people familiar with the meeting said Mr. Rubio, a top contender to be Mr. Trump’s vice-presidential nominee, flew back on Mr. Trump’s plane with him to Florida afterward.
Mr. Trump has not engaged in conventional debate preparations ahead of his June 27 debate with President Biden, and his aides have said they have no plans for anyone to play Mr. Biden in role-playing exercises. Instead, they’re using different people in meetings for policy refreshers.
Campaign officials didn’t address specific questions about what Mr. Trump and the senators discussed on Thursday. Mr. Trump’s adviser Jason Miller said in a statement that “President Trump takes on numerous tough interviews every single week and delivers lengthy rally speeches while standing, demonstrating elite stamina.”
The Thursday session was led by Mr. Miller, who is heading up the efforts, according to one of the people familiar with the meeting. Other aides included Mr. Trump’s top advisers, Susie Wiles and Chris LaCivita, as well as his communications director Steven Cheung, and his policy advisers Ross Worthington and Vince Haley.
The Trump team is acutely aware that Mr. Trump is vulnerable with swing voters over his efforts to stay in power after he lost the 2020 election and after the violence of the pro-Trump mob that attacked the Capitol on Jan. 6, 2021. Mr. Biden has made those events and concerns that Mr. Trump would undermine democratic institutions a centerpiece of his campaign message.
The Trump team used its time Thursday talking about how to push back on those attacks and to respond to questions about Jan. 6, including if Mr. Trump were asked about pardoning the rioters who entered the building, one of the people briefed on the meeting said.
One idea discussed was suggesting that Mr. Biden presents his own threat, which Mr. Trump has said publicly since last year. But specifics of that discussion included focusing on the crisis at the border, the prosecutions against Mr. Trump — who was criminally convicted in Manhattan last month — and government censorship of free speech.
Mr. Schmitt, back when he was serving as the attorney general in Missouri, sued the Biden administration and accused it of stifling free speech by trying to suppress information on social media.
Maggie Haberman is a senior political correspondent reporting on the 2024 presidential campaign, down ballot races across the country and the investigations into former President Donald J. Trump. More about Maggie Haberman
Jonathan Swan is a political reporter covering the 2024 presidential election and Donald Trump’s campaign. More about Jonathan Swan
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Reported speech: indirect speech - English Grammar Today - a reference to written and spoken English grammar and usage - Cambridge Dictionary
Indirect speech: Mary said that she loved ice cream. Step 3: Change the Tense of the Verb. When you use indirect speech, you need to change the tense of the verb in the reported speech to match the tense of the reporting verb. For example: Direct speech: "I am going to the store," said John. Indirect speech: John said that he was going to ...
You can do this while speaking or writing. There are two kinds of reported speech you can use: direct speech and indirect speech. I'll break each down for you. A direct speech sentence mentions the exact words the other person said. For example: Kryz said, "These are all my necklaces.". Indirect speech changes the original speaker's words.
Watch my reported speech video: Here's how it works: We use a 'reporting verb' like 'say' or 'tell'. ( Click here for more about using 'say' and 'tell' .) If this verb is in the present tense, it's easy. We just put 'she says' and then the sentence: Direct speech: I like ice cream. Reported speech: She says (that) she likes ice cream.
Reported speech is the form in which one can convey a message said by oneself or someone else, mostly in the past. It can also be said to be the third person view of what someone has said. In this form of speech, you need not use quotation marks as you are not quoting the exact words spoken by the speaker, but just conveying the message. Q2.
Introduction. In English grammar, we use reported speech to say what another person has said. We can use their exact words with quotation marks, this is known as direct speech, or we can use indirect speech. In indirect speech, we change the tense and pronouns to show that some time has passed. Indirect speech is often introduced by a reporting ...
Exercises on Reported Speech If we report what another person has said, we usually do not use the speaker's exact words (direct speech), but reported (indirect) speech. Therefore, you need to learn how to transform direct speech into reported speech.
Future Tense. An action in the future (present continuous tense or future) doesn't have to change verb tense, either, as these examples demonstrate. Direct speech: Jerry said, "I'm going to buy a new car." Indirect speech: Jerry said (that) he's going to buy a new car. Direct speech: Jerry said, "I will buy a new car."
Learn the proper use of reported speech (also called indirect speech), a... Billy TOLD ME that you wanted to learn this, so I responded with this grammar video! Learn the proper use of reported ...
Direct speech: Elisabeth said, "I like coffee.". As indirect reported speech, it looks like this: Indirect speech: Elisabeth said she liked coffee. You can see that the subject ("I") has been changed to "she," to show who is being spoken about. If I'm reporting the direct speech of someone else, and this person says "I," I'd ...
Speech in a reported clause is not separated from the reporting verb by a comma, is not enclosed in inverted commas, and does not begin with a capital letter unless it is a proper noun. Reported questions are not followed by question marks. An alternative position for main clauses that would normally have a linking that, is after the reported ...
Here's an example: Direct speech: "I'm going to the store now," she said. Reported speech: She said she was going to the store then. In this example, the pronoun "I" is changed to "she" and the adverb "now" is changed to "then.". 2.
REPORTED SPEECH! https://7esl.com/reported-speech/Reported speech is often also called indirect speech in English.Direct Speech: https://7esl.com/direct-spee...
In direct speech, the speaker most often speaks in the first person. That is, the speaker speaks from his person. John will not talk about himself: John is a good boy. John will say it on his behalf: I am a good boy. But when we retell the words of John (indirect speech), we cannot speak on his behalf.
A direct speech can be transformed into an indirect speech and vice versa using a suitable reporting verb and a linker depending on the sentence. Let's have an example first. Tina said to me, "Are you busy now?" [direct speech] Tina asked me whether I was busy then. [indirect speech] Direct Speech. Speaker. Reporting verb. Direct speech ...
Direct: "I will help you," she promised. Reported: She promised that she would help me. Direct: "You should study harder," he advised. Reported: He advised that I should study harder. Direct: "I didn't take your book," he denied. Reported: He denied taking my book. Direct: "Let's go to the cinema," she suggested.
Sometimes we may wish to report the words of others. In fact, this is quite a regular occurrence in any language. There are two ways to do this: reported (indirect) speech, and direct speech. Here's how they work. Direct speech As the name would suggest, direct speech is when you directly report the words of […]
Reported speech - English Grammar Today - a reference to written and spoken English grammar and usage - Cambridge Dictionary
In linguistics, speech or indirect discourse is a grammatical mechanism for reporting the content of another utterance without directly quoting it. For example, the English sentence Jill said she was coming is indirect discourse while Jill said "I'm coming" would be direct discourse.In fiction, the "utterance" might amount to an unvoiced thought that passes through a stream of consciousness ...
Learning materials. Career. Culture. Italian resources. Learning materials. Culture. How to use indirect speech in English. by Andrea Byaruhanga. Published on March 23, 2021 / Updated on December 12, 2022.
Updated on July 24, 2019. In writing, an "indirect quotation" is a paraphrase of someone else's words: It "reports" on what a person said without using the exact words of the speaker. It's also called "indirect discourse" and " indirect speech." An indirect quotation (unlike a direct quotation) is not placed in quotation marks.
4) Time Delay, which includes indirect speech acts that signify time delay and two distinct types of refusals predicated on time delay; 5) Conditional acceptance; and 6) Use of ellipsis. Chinese television dramas articulate refusals in an indirect and culturally manner through these strategies. The results are further elaborated and discussed ...
Free Speech Systems, which employs 44 people, made nearly $3.2 million in April, including from selling the dietary supplements, clothing and other items that Jones promotes on his show, while ...
The latest estimate of Social Security's cost-of-living adjustment for 2025 slipped to 3% after the government reported 3.3% inflation in May, new calculations showed on Wednesday.
A group of Russian Navy ships, including a nuclear-powered submarine, arrived in Cuba on Wednesday morning in a sign of strengthening ties between the two Cold War allies.
Jones has about $9 million in personal assets, according to the most recent financial filings in court. Free Speech Systems has about $6 million in cash on hand and about $1.2 million worth of inventory, according to J. Patrick Magill, the chief restructuring officer appointed by the court to run the company during the bankruptcy.
Kate briefly patted her stomach, whether to smooth her dress after being seated on the journey from the Palace or a reflex to protect herself after recent surgery it was hard to tell.
WASHINGTON — Three and a half years ago, President Donald Trump incited a violent riot at the Capitol in a bid to overturn Joe Biden's election victory and remain in power, a special House ...
"Twitter just doing a 'redirect links in tweets that go to x.com to twitter.com instead but accidentally do so for all domains that end x.com like eg spacex.com going to spacetwitter.com' is ...
Campaign officials didn't address specific questions about what Mr. Trump and the senators discussed on Thursday. Mr. Trump's adviser Jason Miller said in a statement that "President Trump ...