Yahoo Finance's Myles Udland highlights the FOMC's decision to maintain the current rate cut level, closing out the final meeting of the year. In upcoming headlines, Christine Lagarde will hold her first meeting as president of the ECB and the U.K. general election results will take place.
Former President Donald Trump's youngest son, Barron Trump, won't be serving as a Florida delegate to the Republican National Convention after all, his mother's office said Friday. “While Barron is honored to have been chosen as a delegate by the Florida Republican Party, he regretfully declines to participate due to prior commitments,” Melania Trump’s office said.
The man who broke into former U.S. House Speaker Nancy Pelosi's home and clubbed her husband with a hammer should serve 40 years in prison for his conviction on federal offenses that amount to a crime of terrorism, prosecutors urged on Friday. In a sentencing memorandum filed in U.S. District Court in San Francisco, prosecutors said David Wayne DePape has shown no remorse, deserves no leniency and should receive the statutory maximum penalties for each of the two counts on which he was convicted last year. Sentencing is set for May 17.
Thomas Jefferson University is apologizing after the names of graduates from the nursing program were unrecognizably pronounced at their commencement, as seen in viral videos.
Australian Foreign Minister Penny Wong said on Saturday the country's support for a Palestinian bid to become a full United Nations member was part of building momentum to secure peace in the Israel-Hamas war in Gaza. Australia voted on Friday with the overwhelming majority of the U.N. General Assembly in backing the resolution that would effectively recognise a Palestinian state. The United States had vetoed a recommendation that "the State of Palestine be admitted to membership" in a Security Council vote last month.
China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy.A debt crisis in the real estate sector and high unemployment are weighing on the economy and contributing to a slump in demand.
Mexico’s ruling party presidential candidate slipped up during a campaign speech Friday and said President Andrés Manuel López Obrador was motivated by “personal ambition,” but later acknowledged the phrase “could be misinterpreted.” In Mexico it is used to describe a desire for personal economic gain. Former Mexico City Mayor Claudia Sheinbaum holds a comfortable polling lead ahead of the June 2 elections and has sought to link her candidacy to López Obrador, who founded their Morena party.
Pregnant mom caught COVID-19 and developed mucormycosis, a rare, often fatal fungal infection. Patients normally need surgery to treat it. But somehow she survived.
An Arizona State University academic seen in viral video confronting a woman in a hijab during a pro-Israel protest near campus has been booted from the institution, ASU said this week.
The report said while it's "reasonable to assess" Israel has violated international law in Gaza, the U.S. hasn’t verified instances to justify withholding military aid.
Savannah Guthrie, Hoda Kotb, Jenna Bush Hager, Dylan Dreyer and Sheinelle Jones are here to encourage you to keep on being the amazing mom you are.
North Korean leader Kim Jong Un supervised another test firing of a new multiple rocket launch system the country plans to deploy to its forces starting this year, state media said Saturday, part of its move to bolster its lineup of weapons targeting South Korean population centers. The agency said the system, which the North already tested twice this year, will be deployed to combat units from 2024 to 2026 to replace older weapons.
The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. "Specifically, for the Department of Energy, it will move forward work both countries are doing on climate cooperation and to diversify the energy economy." Granholm will participate in a meeting of the Net-Zero Producers Forum, a group of countries representing 40% of global oil and gas production, including the U.S., Saudi Arabia and Qatar, the sources said.
The families of five Hawaii men who served in a unit of Japanese-language linguists during World War II received posthumous Purple Heart medals on behalf of their loved ones on Friday, nearly eight decades after the soldiers died in a plane crash in the final days of the conflict. The older Ikemoto was among 31 men killed when their C-46 transport plane hit a cliff while attempting to land in Okinawa, Japan, on Aug. 13, 1945. Army records indicate only two of the 31 ever received Purple Heart medals, which the military awards to those wounded or killed during action against an enemy.
A three-judge panel of the U.S. Circuit Court of Appeals for the District of Columbia has upheld Steve Bannon’s conviction on two counts of contempt of Congress.
Pro-Palestinian encampments were cleared from at least three college campuses early Friday, marking some of the latest examples of schools using law enforcement to respond to demonstrations that have popped up across the country in recent weeks. Here are the latest developments:
Honolulu has agreed to grant or deny applications to carry guns in public within four months of submission in response to a lawsuit by residents who complained of delays of up to a year, according to a stipulation signed by a federal judge Friday. The March lawsuit alleged that the long delays were the city’s way of keeping the permitting process as restrictive as it was before a 2022 U.S. Supreme Court decision in a case, New York State Rifle & Pistol Association v. Bruen, that upended gun laws nationwide. Before the Bruen decision, which held that people have a right to carry for self-defense, Hawaii’s county police chiefs rarely issued licenses for either open or concealed carry.
The justice has faced criticisms that he accepted luxury trips from a GOP donor without reporting them.
A man who died earlier this year in Immigration and Customs Enforcement custody had been sick for months, his condition seeming to worsen as he was held at a troubled detention center in Louisiana, advocates say and ICE records show.
North Korea will equip its military with a new 240mm multiple rocket launcher starting this year, state media said Saturday, adding a "significant change" for the army's artillery combat capabilities was under way.It also said a "significant change will be soon made in increasing the artillery combat ability of our army", without providing details.
"We're not investing in students' future by engaging in relationships with companies that profit from war," Sacramento State University President Luke Wood told CBS News.
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