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Descrease article font size Increase article font size The 2026 World Cup will feature over a dozen matches played in Canada this summer, and a new analysis estimates each game will cost $82 million of government funding. The Parliamentary Budget Officer (PBO) released its analysis Wednesday of federal commitments and costs associated with co-hosting the 2026 FIFA Men’s World Cup, and how much taxpayers will be on the hook for.It estimates a total cost of $1.1 billion, of which $473 million will come from the federal government, and the remaining $593 million will come from other levels of government. Get…

NEWYou can now listen to Fox News articles! A lone female baker was inside the famous Georgetown Cupcake shop just blocks from the Potomac River when an unidentified man smashed the front window with a stolen beer keg around 11:30 p.m. Sunday, sending her scrambling away from shattered glass.Then he left.”She was absolutely terrified,” said Katherine Berman, who co-owns the shop with her sister, Sophie LaMontagne. “She still is. She is really shaken by this. It causes a lot of psychological damage to you.”SEND US A TIP HERE The Metropolitan Police Department is asking for the public’s help identifying this…

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Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives.The job cuts were disclosed in an internal memo sent by Chief Executive Sasan Goodarzi to employees on Wednesday and reviewed by Reuters. According to the memo, the company aims to reduce organizational complexity and streamline its structure to improve execution and product delivery.Goodarzi said the restructuring would allow the company to focus more sharply on its “big bets,” including efforts to embed AI capabilities across its products and services.Shares of Intuit INTU…

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated:  May 20, 2026 Japan is executing the most consequential crypto regulatory pivot in Asia.…

Immad Akhund, CEO and co-founder of the startup Mercury.Courtesy: Mercury TechnologiesMercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.That valuation is 49% higher than the San Francisco-based company’s previous funding round just 14 months ago, bucking the downturn facing much of the fintech sector.The Series D round was led by venture firm TCV — backer of other well-known fintech firms, including Revolut and Nubank — and included existing investors Sequoia Capital, Andreessen Horowitz and Coatue, Mercury CEO Immad Akhund told CNBC.Mercury has emerged in…

The Defense Department says it wants to be “AI-first,” but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.

US Representative Thomas Massie lost his Republican primary on Tuesday after one of the most expensive and politically charged congressional campaigns in modern United States history. For the Israel lobby and its allies, the result marked a decisive victory. US President Donald Trump deployed his political weight against Massie, endorsing his chosen challenger, Ed Gallrein, and turning a local race into a national confrontation. At the same time, pro-Israel organisations and billionaire donors, including Miriam Adelson, poured extraordinary sums into Kentucky to defeat a congressman whose offence was questioning military aid to Israel and challenging the expanding influence of pro-Israel…

U.S. Secretary of State Marco Rubio spoke Wednesday directly to the Cuban people in a video recorded in Spanish, criticizing the country’s elite for being corrupt and offering a “new path,” including a proposed $100 million influx of food and medicine. The message came as U.S. officials are preparing to announce an expected indictment of former President Raúl Castro.Rubio, the son of Cuban parents who immigrated to Florida two years before Fidel Castro rose to power, targeted the Grupo de Administración Empresarial S.A., or GAESA, a politically-connected Cuban business organization that Rubio alleges has $18 billion in assets and control…

Sexual Violence Prevention Month has many advocates in Saskatchewan raising awareness on the gaps in resources. According to Sexual Assault Services of Saskatchewan, the province has one of the highest rates of sexual violence in Canada. Prevention tactics across the province are shifting to focus on transforming cultural norms.“Residents of Saskatchewan are assaulting and abusing each other at a rate that is almost double the national average, and for those behaviours to change, there needs to be role models who are leading positive change and setting the standard for what behaviour looks like,” Sexual Assault Services of Saskatchewan community outreach…