Author: Press Room

Rep. Jerry Nadler, D-N.Y., criticized the Trump administration for “sowing chaos” in communities while announcing that a member of his staff was handcuffed and briefly detained at his New York City office last week.Federal Protective Service (FPS) officers were responding Wednesday to reports that protesters were inside Nadler’s district office in Manhattan. At the time, a protest was taking place outside an immigration courthouse in the same facility as the congressman’s office. “Based on earlier incidents in a nearby facility, FPS officers were concerned about the safety of the federal employees in the office and went to the location to ensure…

The Federal Bureau of Investigation (FBI) is investigating a “targeted terror attack” Sunday afternoon near Pearl Street Mall in Boulder, Colorado.At about 4:30 p.m., the Boulder Police Department said it was responding to a report of an attack near the mall with reports of several victims.”We are aware of and fully investigating a targeted terror attack in Boulder, Colorado,” FBI Director Kash Patel wrote in a statement on X. “Our agents and local law enforcement are on the scene already, and we will share updates as more information becomes available.” Boulder police are responding to an attack near Pearl Street…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP’s sale of its lubricants arm Castrol has drawn early interest from private equity and industry bidders, including China’s state-owned investment company Citic, although some are considering offers below the expected $8bn-plus range. Failing to achieve a higher price would be a blow to BP, which put Castrol up for sale in February. The disposal is the key part of a package to raise at least $20bn from asset sales by 2027 as it tries to revive its share price and fend…

Stay informed with free updatesSimply sign up to the Indian business & finance myFT Digest — delivered directly to your inbox.The investment opportunity in India’s technology sector is akin to Silicon Valley in the 1990s or China in the 2000s, according to the founders of an Indian tech-focused hedge fund set to launch next year, as foreign capital shows signs of returning to the market.India-based Panvira aims to raise $200mn in foreign capital to invest from January 2026 in the burgeoning tech sector of the world’s most populous country. The fund will focus on public rather than private markets to…

US Defense Secretary Pete Hegseth asked Australia to increase its defence spending to 3.5 per cent of gross domestic product during a meeting with Australian Defence Minister Richard Marles, the Pentagon said.The defence chiefs also discussed security issues on Sunday, including accelerating US defence capabilities in Australia, advancing defence industrial base cooperation and creating supply chain resilience, the defence department said in a statement.“On defence spending, Secretary Hegseth conveyed that Australia should increase its defence spending to 3.5 per cent of its GDP as soon as possible,” the statement said.The ministers’ meeting on Friday on the sidelines of the Shangri-La…

NEWYou can now listen to Fox News articles! WWE star R-Truth announced on Sunday he will be departing from the organization after two stints and nearly 20 years with the company.R-Truth, whose real name is Ron Killings, made the revelation in a post on social media. R-Truth makes his entrance during SmackDown at the Capital One Arena on Feb. 14, 2025, in Washington, D.C. (Craig Melvin/WWE via Getty Images)”Im sorry to inform you all. I just got released from WWE,” he wrote on X. “I want to thank WWE for the ride, but MOSTLY I want to thank each and…

The 12-person crew, which includes climate activist Greta Thunberg, expects to take seven days to reach Gaza.International nonprofit organisation Freedom Flotilla Coalition (FFC) says one of its vessels has left Sicily to deliver humanitarian aid to Gaza, after a previous attempt failed due to a drone attack on a different ship in the Mediterranean. The 12-person crew, which includes Swedish climate activist Greta Thunberg, Irish actor Liam Cunningham and Franco-Palestinian MEP Rima Hassan, set sail on the Madleen from the port of Catania on Sunday, carrying barrels of relief supplies that the group called “limited amounts, though symbolic”. The voyage…

Amid the wave of pardons and commutations President Trump has doled out to some of his supporters and surrogates, one former MAGA loyalist in Idaho is fighting to return her pardon.Pamela Hemphill is one of the more than 1,500 people whom Mr. Trump pardoned earlier this year for their roles in the U.S. Capitol Insurrection. She has invoked help from her Republican senator to formally refuse and block the pardon Trump issued her on Jan. 20, his first day back in the White House.Though Hemphill was a defendant of the largest criminal prosecution in American history, she is seemingly standing alone…

Investors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action is telling investors to stick to the shorter-end of the fixed-income market with their maturities.”There’s lots of concern and volatility, but on the short and middle end, we’re seeing less volatility and stable yields,” Joanna Gallegos, CEO and founder of bond ETF company BondBloxx, said on CNBC’s “ETF Edge.”The 3-month T-Bill right now is paying above 4.3%, annualized. The two-year is paying 3.9% while the 10-year is offering about 4.4%. ETF flows in 2025 show that it’s…