Author: Press Room

NEWYou can now listen to Fox News articles! Prominent figures from across the media, business and political landscapes showed up as guests to President Donald Trump’s State of the Union address on Tuesday evening.Notable attendees included Erika Kirk, the widowed wife of conservative activist Charlie Kirk, David Ellison, the media mogul and CEO of Paramount, and Kevin O’Leary, the Shark Tank media personality and businessman.Several of the more notable attendees were highlighted by Trump during his address.Kirk received a mention from the president as he condemned political violence of all kinds in his address.”We must all come together to reaffirm…

The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The USD/CNY exchange rate was trading at 6.8365, its lowest level since April 2023. It has dropped in the last 14 consecutive weeks, and is down by almost 7% from its highest level last year.Why the Chinese yuan is in a strong bullish run The USD/CNY exchange rate continued its strong downward trend as the US dollar debasement trade gained steam. This performance mirrors the performance of other Asian currencies.The USD/KRW dropped to 1,425 from last year’s high of 1,485. Other Asian currencies from countries…

A major mining manufacturer just made a decisive move in Texas.Canaan Inc. spent $39.75M in stock to acquire Cipher Mining’s 49% stake in three operational Texas projects, instantly adding 4.4 EH/s to its mining fleet and securing 120 MW of power capacity.For a company long known as a hardware seller, this marks a clear pivot toward direct Bitcoin production. pic.twitter.com/DryJUo8ywz— Cipher Digital (@CipherInc) February 24, 2026 This is vertical integration in action. Canaan is no longer just selling ASICs. It is operating them. The deal also brings thousands of its own Avalon rigs back under its control, tightening its grip…

People watch performances to welcome the ‘God of Wealth’ during Lunar New Year festivities at Qianmen Street in Beijing, China, on February 21, 2026.Nurphoto | Nurphoto | Getty ImagesBEIJING — China’s consumer market is recovering — just enough that policymakers likely won’t need to roll out the large-scale stimulus that investors have long hoped for.The nine-day Lunar New Year, which ended Monday, saw a steady rise in spending across the country, from hotel bookings to duty-free shopping. Rail travel hit a record of over 18.7 million passengers in a single day.The better-than-expected data suggest that Beijing’s recent support measures are…

NEWYou can now listen to Fox News articles! Law enforcement is preparing to turn Nancy Guthrie’s Tucson-area home back over to her family, sources told NBC News on Wednesday.The United States Attorney’s Office for the District of Arizona confirmed to Fox News Digital that federal prosecutors visited the 84-year-old’s property Wednesday to assist the FBI with a “routine legal process.”Federal agents remained at the home for several hours Wednesday afternoon, and several vehicles were seen entering and leaving the driveway throughout the afternoon. Nancy Guthrie disappeared from her Tucson home in the early morning hours of Feb. 1, with investigators…

Despite being considered one of the best tools to reduce wildfire risk,  prescribed burns are not that common. For instance, a controlled fire on Kelowna‘s Knox Mountain last October was one of only two performed in the city in 2025.In neighbouring West Kelowna, there’s been plenty of fire damage over the years but not a prescribed burn.“For us here, we’ve never done one here in West Kelowna,” said West Kelowna fire chief Jason Brolund.  “It’s very complex. It takes a lot of work to prepare in advance and the people who are doing it need to be highly trained and…

The company behind some of Australia’s best-known brands says consumers were “rattled” about interest rate hikes as early as December, which led to a more cautious shopping behaviour during Christmas.

HONG KONG: A Hong Kong court on Thursday (Feb 26) sentenced the father of a wanted pro-democracy activist to eight months in prison under the city’s national security law after he attempted to terminate her insurance policy and withdraw the funds.Kwok Yin-sang, 69, was found guilty on Feb 11 of “attempting to deal with, directly or indirectly, any funds or other financial assets or economic resources” belonging to an “absconder” under the city’s national security law. He is the first person to be charged and convicted of the offence.He is the first person in the city to be charged and…

US eases oil embargo on Cuba as Caribbean neighbours warn worsening humanitarian crisis could destabilise region.Listen to this article | 4 minsinfoThe United States has said it will allow the resale of some Venezuelan oil to Cuba in a move that could ease the island’s acute fuel shortages, as neighbouring countries raised the alarm over a rapidly deteriorating humanitarian situation caused by Washington’s oil blockade.In a statement on Wednesday, the US Department of the Treasury said it would authorise companies seeking licences to resell Venezuelan oil for “commercial and humanitarian use in Cuba”.Recommended Stories list of 4 itemsend of listIt said the…

The Trump administration is blocking Venezuela’s government from paying for the cost of former Venezuelan president Nicolás Maduro’s defense against drug trafficking charges in New York, a move that potentially interferes with his constitutional right to counsel, his lawyer says.Attorney Barry Pollack told a Manhattan federal judge in an email dated Feb. 20 that the U.S. Treasury Department had blocked the authorization of legal fees that the government of Venezuela is required to pay for Maduro and first lady Cilia Flores under its law and custom. The email was entered into the public court record on Wednesday.Maduro and his wife…