Author: Press Room

Big cuts in next week’s Budget will help reduce demand in the economy as inflation runs hot again, Jim Chalmers says as he pledges to deliver a net saving in the bottom line.The Treasurer has also revealed that savings will have more of an impact in dollar terms than proposed tax changes, and again hosed down expectations of large windfall revenues on the back of the war in Iran.Some years will see more revenue than previously thought — which he’s promised to bank — but others will have falls, Dr Chalmers revealed.And he’s making no apologies for taking aim at…

Shake intensity Pop. density Note: Map shows the area with a shake intensity of 3 or greater, which U.S.G.S. defines as “weak,” though the earthquake may be felt outside the areas shown.  All times on the map are Philippine time. The New York Times A strong, 6.0-magnitude earthquake struck in the Philippines on Monday, according to the United States Geological Survey.The temblor happened at 2:09 p.m. Philippine time about 3 miles northwest of Nena, Philippines, data from the agency shows.As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt…

The Japanese yen was largely unchanged on Monday morning as investors reacted to last week’s intervention by the Bank of Japan (BoJ). The USD/JPY exchange rate was trading at 158 on Monday, down from last week’s high of 160.Bank of Japan intervention The USD/JPY exchange rate is in the spotlight this week as investors react to last week’s intervention, in which the Bank of Japan spent as much as $35 billion in yen buying.This purchasing happened after the pair rose to the important resistance level at 160 for the first time in months. Yen buying is a situation where the central…

NEWYou can now listen to Fox News articles! “Yellowstone” fans are already saddling up for “Dutton Ranch,” with the new trailer for the upcoming spinoff series sparking a wave of excitement across social media.”Dutton Ranch,” which will premiere on May 15, follows “Yellowstone’s” Beth Dutton (Kelly Reilly) and Rip Wheeler (Cole Hauser) as they leave Montana behind after the events of the flagship show’s finale.On Thursday, Paramount+ released the latest trailer for “Dutton Ranch, which teased a new chapter for Beth and Rip as they try to start over in Texas, only to be pulled into a fresh wave of…

Share Last updated:  May 4, 2026 A lot of crypto presales are running right now. The market conditions are not exactly exciting. Prices are flat. Sentiment is cautious. Yet every week, a new token launch tries to grab attention.Choosing the right one is not easy. Most projects promise big things with nothing to show. No product. No users. Just a website and a dream.Divine Ray ($DCR) just launched its presale today on Cosmos. And this one could be the next big crypto. Not because of publicity, but because the platform already works.What Divine Ray Actually IsMost blockchain projects build a…

NEWYou can now listen to Fox News articles! Democratic lawmakers are defending redistricting efforts across the country, calling their efforts a necessary foil to similar Republican-led plans, while arguing vulnerable Republicans should have fought harder to prevent the “arms race” reshuffling district lines nationally.”I feel like the system is fundamentally broken, but let’s be clear. Republicans began the redistricting arms race. And, so, Democrats are left with no choice but to level the playing field for the sake of democracy,” Rep. Jason Crow, D-Colo., told Fox News Digital.Lawmakers’ comments come as the Supreme Court handed down a decision on Wednesday,…

NEWYou can now listen to Fox News articles! Nearly 10 people were detained in New York over the weekend as anti-ICE demonstrators were protesting against the arrest of an illegal immigrant accused of assault and drug possession, according to officials.The protests erupted in Brooklyn’s Bushwick neighborhood after ICE arrested Chidozie Wilson Okeke, an illegal immigrant from Nigeria with previous arrests for assault and drug possession, according to the Department of Homeland Security.Okeke entered the U.S. on a tourist visa in 2023 and overstayed his visa that required him to leave the country by Feb. 26, 2024, DHS said.During an immigration…

VANCOUVER, CANADA – APRIL 28: Gianni Infantino, FIFA President, presents Vittorio Montagliani, FIFA Vice-President and President of the Confederation of North, Central America and Caribbean Association Football (CONCACAF), with a gift during FIFA Council Meeting No. 36 at Fairmont Pacific Rim hotel on April 28, 2026 in Vancouver, Canada. (Photo by Verity Griffin – FIFA/FIFA via Getty Images)Verity Griffin – Fifa | Fifa | Getty ImagesFIFA has increased payments to teams competing in the 2026 World Cup, raising the total distribution to $871 million, making it the most lucrative edition on record.But the increased financial distributions, announced last Wednesday at the…

A spreadsheet has been blamed for a state’s premier horse race being “catastrophically” run over an incorrect distance with starting barriers in the wrong position.Eyebrows were raised when Blonde Star won the $250,000 annual 2400m Hobart Cup at Elwick Racecourse in February in a record time of two minutes and 29.67 seconds.An investigation by Tasmania’s Racing Integrity Commissioner has revealed a host of failings that resulted in the barriers being placed 37.71m forward of the correct position.Track operations staff relied on an incorrect spreadsheet when marking the starting barriers, the report found.In late 2025, two staff with significant knowledge and…

Inter Milan win their 21st Scudetto, edging Napoli, with three matches remaining in the Italian football league season.Published On 4 May 20264 May 2026Celebrations have erupted across Milan after Inter clinched the Serie A title with a 2-0 victory over Parma, sending thousands of supporters into the streets.The Piazza del Duomo was filled with fans clad in blue and black on Sunday, moments after the final whistle at the nearby San Siro, as flares and fireworks lit up the night sky.Marcus Thuram opened the scoring in first-half stoppage time before Henrikh Mkhitaryan sealed the win 10 minutes from time. The…