Author: Press Room

new video loaded: How Jerome Powell Managed a Chaotic EraOur reporter Colby Smith, who covers the Federal Reserve and the economy, looks back at Jerome Powell’s tenure as chair of the Fed.By Colby Smith, Nour Idriss, Stephanie Swart and Rafaela BalsterMay 13, 2026

By Staff The Canadian Press Posted May 13, 2026 6:57 pm 1 min read Descrease article font size Increase article font size Vancouver Mayor Ken Sim is clarifying his remarks that he uses “11 AI agents” to do a lot of his work, saying it’s in a strictly personal capacity. Sim had praised the efficiency of AI tools at the Web Summit in Vancouver on Tuesday, saying he expects AI to be 64 times better in three years.He said he uses AI agents to do a lot of his work “in the background,” but online critics including rival mayoral candidate…

The risk is that taxation policy begins influencing investment decisions in ways that may not necessarily produce the best long-term economic outcomes for investors or for capital markets more broadly.

new video loaded: Chaos Erupts Inside Philippine Senate After Apparent GunshotsChaos erupted inside the Philippine Senate building on Wednesday after the sound of gunshots were heard. The scene unfolded after Senator Ronald dela Rosa, a top ally of former president Rodrigo Duterte, said the police were coming to arrest him.By Jorge MitssunagaMay 13, 2026

Louisiana lawmakers on Wednesday unveiled a new congressional map for the 2026 election after the Supreme Court struck down the state’s current map in a landmark ruling last month. The new map will eliminate one of the state’s majority Black, Democratic-leaning districts while keeping one Democratic-leaning district. The district map now favors Republicans in five districts and Democrats in one. The state Senate and Governmental Affairs committee advanced the map in the early hours on Wednesday. Democrats had proposed their own map that kept the 4-2 map in place. The new single Democratic-leaning district stretches from New Orleans into parts of Baton Rouge,…

NEWYou can now listen to Fox News articles! A mother has been arrested in Florida, three months after her two young daughters allegedly drowned in Texas with cocaine in their systems, according to authorities.The case dates back to Feb. 11, when deputies with the Harris County Sheriff’s Office responded to a home in Katy, Texas, for reports of two children drowning. The victims, ages 2 and 3, were later found to have cocaine in their systems.The circumstances surrounding the deaths have raised questions about how the children were exposed to the drug and what alleged role their mother, Laura Nicholson,…

There are calls for New Brunswick to bring in a social media ban for young people and to reconsider its inclusion of AI chatbots in its draft curriculum for the anglophone sector. During Question Period on Wednesday, Green Party Deputy Leader Megan Mitton asked the premier if she would consider banning social media and AI for children, as Manitoba is set to do.Manitoba will be the first province to bring in such a ban. Other provinces are eyeing similar bans, including Saskatchewan, which is gathering feedback on the idea.The federal Liberals recently adopted a non-binding resolution mandating a minimum age of…

Commonwealth Bank’s share price tumble on Wednesday signals a rough year ahead for shares as investors delivered a brutal verdict on the Labor Government’s changes to taxes on equities and investment properties in its Budget.Australia’s largest bank and economic bellwether tumbled 10.3 per cent to $153.67 per share for its worst day on record, as investors scrambled to avoid big tax hikes and the market worried about weakening property prices.The selling in CBA spilled across Westpac, NAB and ANZ Bank, which all lost more than 1.5 per cent.“The market is still digesting the implications,” said Emmanuel Datt, the founder of…

Artificial intelligence is fabricating references to medical research that does not exist, according to recent findings. A recent audit found that, among millions of biomedical papers, more than 4,000 contained citations to non-existent research, according to an article in The Lancet. Such fabricated citations can undermine the clinical guidelines that health care professionals rely on to provide care, said Maxim Topaz, an associate professor at the Columbia School of Nursing and the study’s lead author.An audit of millions of biomedical papers found more than 4,000 citations to bogus studies, the researchers said in a recent article published in The Lancet. Fabricated citations…

An Allegiant Air plane lands at Harry Reid International Airport on July 26, 2022, in Las Vegas.Chase Stevens | Las Vegas Review-Journal | Tribune News Service | Getty ImagesAllegiant Travel Co.’s acquisition of Sun Country Airlines closed on Wednesday, and the chief executive of the combined company, Greg Anderson, said Allegiant Air will continue to stand out despite industry turmoil, including a surge in jet fuel costs.”Our model was built to protect margins and not chase growth,” Anderson said in an interview with CNBC. The Las Vegas-based airline announced its $1.5 billion cash-and-stock agreement, including debt, to buy Minneapolis-based Sun…