Author: Press Room

Both main oil prices also fell to hold below US$100, with West Texas Intermediate down around 2 per cent and Brent 1.5 per cent lower.The equity advances extended a rebound enjoyed last week after Washington and Tehran announced a two-week ceasefire in the war, which has sent shockwaves through the world economy since it started on Feb 28.SPI Asset Management’s Stephen Innes said the rallies have been built on “the belief that diplomacy, however imperfect, remains in play. Last week’s advance was not driven by resolution but by hope”. “The talks in Pakistan did not deliver a deal, but they did…

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new video loaded: U.S. Begins Blockade in the Strait of HormuztranscriptBacktranscriptU.S. Begins Blockade in the Strait of HormuzPresident Trump said the U.S. began its blockade in the Straight of Hormuz on Monday. The blockade comes as talks between American and Iranian negotiators ended without a breakthrough over the weekend.“Right now, we have a blockade. They’re doing no business. If they were doing business with Iran, but if they weren’t, no boats came out. So now, Iran is doing absolutely no business, and we’re going to keep it that way very easily.” “The impact of Iran’s behavior in the Strait is…

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NEWYou can now listen to Fox News articles! Rep. Eric Swalwell, D-Calif., announced he was planning to resign from Congress following sexual misconduct allegations, leading top Senate Democrats like Sen. Elizabeth Warren, D-Mass., to praise the decision.Meanwhile, Republicans are questioning how much top Democrats knew before the final ball dropped Monday with Swalwell’s resignation, which came just days after he suspended his California gubernatorial campaign.Swalwell said Monday that he was “deeply sorry” to his family, staff and constituents for his “mistakes,” but stood headstrong in calling the sexual misconduct and abuse allegations against him “false.””I am aware of efforts to…

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NEWYou can now listen to Fox News articles! SPRING, Texas – The FBI raided the Texas home of a 20-year-old suspect who is accused of throwing a Molotov cocktail at OpenAI CEO Sam Altman’s house in San Francisco last week, Fox News has learned.Fox News was exclusively on the ground as agents gathered evidence while executing a search warrant in Spring, Texas, on Monday morning.The suspect, identified as Daniel Moreno-Gama, is accused of traveling from Texas to San Francisco to try and kill the OpenAI CEO.Sources close to the investigation tell Fox News that Moreno-Gama was driven by his anti-AI…

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NEWYou can now listen to Fox News articles! Dave McGinnis, a former Arizona Cardinals head coach and Tennessee Titans assistant coach, died on Monday. He was 74.The Titans announced the death of McGinnis, who died after being hospitalized for an illness in early March. The Titans’ news release said that he passed away at Ascension St. Thomas Midtown Hospital with his family by his side.”My heart aches with the loss of Coach Mac, who was so much more than a coach and broadcaster – he was family,” Titans owner Amy Adams Strunk said in a statement. Head coach Dave McGinnis…

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The gap between Canada’s richest and poorest grew last year as financial markets gained while interest payouts declined and the job market softened, said Statistics Canada on Monday. The agency says the income gap, measuring the difference in the share of disposable income between households in the top 40 per cent and those in the bottom 40 per cent, reached 46.7 percentage points in 2025.The result compared with a gap of 46.4 percentage points a year earlier.The wider gap came as the lowest-income households saw wages rise slower than the overall average, and saw their investment income fall because of lower interest payments on savings, the agency said.Meanwhile, Statistics Canada says the top 20 per cent of the wealth distribution accounted for 65.7 per cent of Canada’s total net worth at the end…

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A 20-year-old Texan faces potential life imprisonment after an arson attack on Sam Altman’s San Francisco residence.Published On 14 Apr 202614 Apr 2026Authorities in the United States have charged a 20-year-old Texas man with attempted murder and arson after he allegedly threw a Molotov cocktail at the home of OpenAI CEO Sam Altman.Daniel Moreno-Gama faces two counts of attempted murder and nine other charges following last week’s arson attack on Altman’s residence in San Francisco, District Attorney of San Francisco Brooke Jenkins said on Monday.Recommended Stories list of 4 itemsend of list“We interpret this behaviour for just what it is: An attempt on Mr Altman’s…

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The U.S. military said it killed two people in a strike on an alleged drug-trafficking boat in the eastern Pacific Ocean on Monday, bringing the death toll to at least 170 since strikes began last September. U.S. Southern Command, which is responsible for Washington’s forces in the region, said in a post on X that “the vessel was transiting along known narco-trafficking routes in the Eastern Pacific and was engaged in narco-trafficking operations.””Two male narco-terrorists were killed during this action. No U.S. military forces were harmed,” the post said.CBS News reached out to U.S. Southern Command for evidence of narco-terror operations…

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NEWYou can now listen to Fox News articles! The U.S. military carried out another lethal strike targeting suspected cartel operatives in the Eastern Pacific on Monday, killing two individuals believed to be involved in narcotics trafficking, according to U.S. Southern Command (SOUTHCOM).”Applying total systemic friction on the cartels,” SOUTHCOM said in a post on X. “On April 13, at the direction of #SOUTHCOM commander Gen. Francis L. Donovan, Joint Task Force Southern Spear conducted a lethal kinetic strike on a vessel operated by Designated Terrorist Organizations.”Intelligence confirmed the vessel was transiting along known narco-trafficking routes in the Eastern Pacific and…

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