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Russia was mocked by Ukraine in 2024 for displaying a lone tank in Red Square
Mass kidnappings are a common way for gangs and armed groups to make quick money in Nigeria
The Cabinet has greenlit a health care draft law designed to lower insurance rates. The bill heads to parliament next, but doctors' associations and patient protection advocates say it amounts to austerity measures
The Federal Reserve left interest rates steady in what was almost certainly Jerome Powell's final meeting as its leader, but there were the most internal dissents at a Fed meeting in 34 years. The big picture: The surprising dissents show that Kevin Warsh, whose confirmation to lead the Fed is pending in the Senate, will face significant internal resistance to delivering the interest rate cuts that President Trump desires. Driving the news: The central bank's policy committee left its target interest rate in a range between 3.5% and 3.75% for the third straight meeting to start 2026 and made only small changes to its policy statement. Three reserve bank presidents — Beth Hammack (Cleveland), Neel Kashkari (Minneapolis) and Lorie Logan (Dallas) — dissented not against the rate decision, but because they "did not support inclusion of an easing bias in the statement at this time."Governor Stephen Miran also dissented, but in the other direction, favoring an interest rate cut.The four total dissents were the most there have been at a Fed policy meeting since October 1992. State of play: There has been simmering resistance among Fed officials, especially at the reserve banks, to signaling that further interest rate cuts are anticipated, given five consecutive years of above-target inflation. Now, it has burst out into the open, in Powell's final meeting at the helm.Powell's term concludes May 15, and Warsh's nomination to be his successor advanced through the Senate Banking Committee Wednesday morning. Warsh appears on track to be confirmed by the full Senate well before the next Fed meeting in mid-June. Between the lines: The clause in the policy statement the three dissenting reserve bank presidents object to is language, repeated from recent statements, that in considering "the extent and timing of additional adjustments" to rates, the Fed will carefully assess data, the outlook and balance of risks. ·The phrase "additional adjustments" implies a continuation of the r
Denny Adán González, 33, whose death is being investigated as suicide, is 18th person to die in ICE custody this year
Assistant commissioner Louisa Rolfe attributed the rise to ‘toxic influencers’ online and access to violent pornography
Exxon Mobil Corp. and Chevron Corp. exceeded profit expectations as higher oil and natural gas prices outweighed production outages from the Iran war
The prime minister called on marchers who hear chants of ‘globalise the Intifada’ to stop and ask themselves ‘why am I not calling this out?’
The FBI says it is treating a vehicle ramming at a Michigan synagogue as an attack on the Jewish community
A French soldier was killed and three others wounded in an attack Saturday on UN peacekeepers in Lebanon that appeared to have been carried out by Hezbollah, French President Emmanuel Macron said, an accusation the group has denied. The attack follows an agreement between Israel and Lebanon on Thursday for a 10-day ceasefire to negotiate an end to six weeks of fighting between Israel and the Iran-backed group Hezbollah. "Everything points to Hezbollah being responsible for this attack," Macron said on X, urging Lebanese authorities to arrest the perpetrators
Leaders held rare talks with Arab and Gulf nations on Friday in Cyprus
In leaked remarks, Christian Turner also says it is ‘extraordinary’ that Epstein scandal has not affected sex offender’s US associates