Author: Press Room

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023.Bloomberg | Bloomberg | Getty ImagesBillionaire investor Ray Dalio on Thursday sounded another alarm on soaring U.S. debt and deficits, saying it should make investors fearful of the government bond market.”I think we should be afraid of the bond market,” Dalio said at an event for the Paley Media Council in New York. “It’s like … I’m a doctor, and I’m looking at the patient, and I’ve said, you’re having this accumulation, and I can tell you that this is very,…

Washington — House Republicans made a number of last-minute changes to the legislation containing President Trump’s second-term agenda in order to win over opposing factions in the GOP. And, after an all-night session, the measure, entitled the “one big, beautiful bill,” squeaked through by a single vote.  It’ll now go to the Senate, which will leave its own mark on the bill. But here’s what’s in the legislation that was passed by the House Thursday. Tax cuts and extensionsAt the center of the legislation — and accounting for its biggest expense — are the provisions extending Mr. Trump’s 2017 Tax Cuts…

NEWYou can now listen to Fox News articles! WWE star Zoey Stark broke her silence on Wednesday after a devastating injury left her unable to compete in a Money in the Bank qualifying match on “Monday Night Raw.”Stark suffered a knee injury as she was going for a drop kick on Kairi Sane. She misfired and came up lame as she writhed in pain on the mat. A trainer nearby needed to come into the ring to help Stark out and to the backstage area. Zoey Stark makes her entrance during Monday Night RAW at Bon Secours Wellness Arena on…

A small aircraft crashed in a large San Diego military neighborhood Thursday morning, killing two people and injuring eight others, police said.The aircraft, a Cessna 550, crashed around 3:45 a.m. in the Murphy Canyon neighborhood, igniting multiple homes and cars in flames.Officials said about 100 residents were displaced; Liberty Military Housing and the Red Cross are assisting in finding immediate accommodations.TWO PLANES DO ‘GO-AROUNDS’ TO AVOID MILITARY HELICOPTER NEAR REAGAN WASHINGTON NATIONAL AIRPORT Authorities work the scene of a house where a small plane crashed into a San Diego neighborhood, setting several homes on fire and forcing evacuations along several…

Reviving a liquefied natural gas export project in Quebec’s Saguenay region would be costly and likely unprofitable, a shareholder advocacy group says, as economic threats from the U.S. rekindle interest across the country in new pipelines. Demand for LNG in Europe dropped by 18 per cent between 2022 and 2024, and Canadian exports would have a hard time competing in Asian markets, says advocacy group Investors for Paris Compliance.“Investing in infrastructure that will be very expensive and likely won’t be profitable will weaken our economy rather than strengthen it,” Renaud Gignac, an economist and senior adviser for the group, said…

An international awards showcase for the world’s best vineyards will take place in Margaret River this year alongside the Pair’d festival.The State Government secured the World’s 50 Best Vineyards 2025 awards to be held on November 19.The awards celebrate outstanding vineyards around the world which combine “exceptional wine, food and visitor experiences” and would wrap in an official function, a Government spokesperson said.It was hoped “an enormous international media platform for the South West” would result, replicating in part the overseas promotion the region secured through the past Gourmet Escape.The awards were part of the “50 Best” global brand.Last year’s…

Russia and Ukraine are expected to each swap 1,000 prisoners of war as part of deal reached at recent talks in Istanbul.Russia has received a list of names of prisoners of war (POWs) that Ukraine wants freed as part of an expected exchange between the two countries, a Kremlin spokesperson told the Russian news agency Interfax. Dmitry Peskov told Interfax on Thursday that the list had been received after Moscow gave Kyiv its own list of prisoners it wants released. The exchange – which will see each side free 1,000 POWs in what would be the largest swap of the…

President Donald Trump has not directed his administration to declassify documents related to former President Joe Biden’s health and an alleged “cover-up” of the 46th president’s slipping mental acuity while commander-in-chief, White House Press Secretary Karoline Leavitt said Thursday. “The president can declassify anything that he wants. Has he looked to see if there are any records here that would contradict what we’ve been told about Joe Biden’s decline?” Fox News’ Peter Doocy asked Leavitt during the Thursday press briefing. “He has not directed anyone, to my knowledge, to look into that,” Leavitt responded. “But surely, I can ask him if he…

The National Park Service recently identified a hiker who died in the Grand Canyon last week as a beloved 74-year-old Washington state doctor.Grand Canyon Regional Communications Center staff received a report on May 15 of an unresponsive hiker on the North Kaibab Trail, about half a mile below the North Kaibab Trailhead.Dr. Dennis Smith, of Olympia, Washington, was attempting a rim-to-rim hike from the South Rim to the North Rim when authorities and friends said he collapsed on the trail. Dr. Dennis Smith pictured on a hike in 2016. (Photo courtesy of Tom Helpenstell)HIKER, 33, DIES AFTER HIKING ARIZONA MOUNTAINS…

Summer is just around the corner, and for many young Canadians struggling to find a job, this year may be one of the most challenging. In recent months, many age groups and sectors have found it difficult to land a job, but younger workers seeking seasonal positions or their first job after graduating are among those getting hit the hardest.“Amidst tariffs and the extreme uncertainty that many (businesses) feel, it is absolutely brutal out there,” public policy expert Vass Bednar says. 2:57 Implications of the U.S.-China trade agreement for the Canadian economy Why is this year different? The trade war…