Author: Press Room

A small plane has crashed into a San Diego neighbourhood during foggy weather, setting about 15 homes on fire as well as vehicles, and forcing evacuations along several blocks, authorities say.”We have jet fuel all over the place,” Assistant Fire Department Chief Dan Eddy said during a news conference.”Our main goal is to search all these homes and get everybody out right now.”He said “there is a direct hit to multiple homes” in the Murphy Canyon neighbourhood and described “a gigantic debris field” in a dense, packed neighbourhood where a number of military families live.It was not known if there…

HANOI: The United States and Vietnam have concluded a second round of trade negotiations on tariffs and agreed to continue the talks to address unresolved issues, Vietnam’s trade ministry said in a statement on Thursday (May 22). The second round of talks took place in Washington on May 19-22 involving Vietnam’s Trade Minister Nguyen Hong Dien and the US Trade Representative Jamieson Greer, the Vietnamese ministry said on its website showing pictures of meetings. “At the end of the negotiation round, Vietnam and the United States made positive progress, identifying groups of issues on which consensus was close, and groups…

The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The legislation, which would enact much of President Donald Trump’s policy agenda, passed early Thursday morning after an overnight session. The bill, which is now headed to the Senate, will cut taxes, but also saddle the country with trillions of dollars more in debt. The bill would fulfil many of Trump’s populist campaign pledges, delivering new tax breaks on tips and car loans and boosting spending on the military and border enforcement. It will add about $3.8 trillion…

President Trump’s missile defense project, called the “Golden Dome for America,” aims to protect the U.S. from foreign threats. But it has a steep price and has been criticized by China as threatening to increase the risks of militarizing space and a global arms race.The president on Tuesday said his administration had “selected an architecture” for the “state-of-the-art system,” which could cost hundreds of billions of dollars and put U.S. weapons in space for the first time in history.What is the Golden Dome and how will it work?The Golden Dome is a multilayered defense system that the president, speaking in…

NEWYou can now listen to Fox News articles! The sports world was rocked by the death of legendary Indianapolis Colts owner Jim Irsay on Wednesday. The news struck especially hard for many of Irsay’s former Colts players, including Pro Football Hall of Famer Peyton Manning.Manning, who played his first 13 seasons for the Colts and helped them win the Super Bowl in the 2006 season, shared his respect for Irsay in an Instagram post Wednesday night. “I am heartbroken to hear about Jim Irsay’s passing. He was an incredibly generous and passionate owner and I will always be indebted to him for…

The aunt of Derrick Groves, one of the five remaining Orleans Parish jail escapees, is calling on her nephew to turn himself in for his safety.A New Orleans jury last October found Groves guilty of two counts of second-degree murder after he killed two men on Mardi Gras Day in 2024. He later pleaded guilty to two manslaughter charges in two other killings.Groves, already serving two life sentences for the Mardi Gras murders, was awaiting his sentencing for the manslaughter charges when he escaped the Orleans Justice Center on May 16 with nine other inmates, five of whom have been…

By Staff The Canadian Press Posted May 22, 2025 11:35 am 1 min read Descrease article font size Increase article font size Automaker Stellantis is postponing production of the Dodge Charger Daytona R/T at its assembly plant in Windsor, Ont., for the 2026 model year as it continues to assess the effects of U.S. tariff policies. However, the company says it is continuing to produce other versions of the popular Dodge Charger muscle car at the plant. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Stellantis says there will…

Chery’s first and thus far only electric vehicle (EV) in Australia now has a slightly different name.The Chery Omoda E5 small electric SUV has become the Chery E5, with the Omoda lettering on its front and rear ends and steering wheel replaced with Chery lettering.That’s because Chery will launch the Omoda brand in its own right in Australia during the second half of 2025. While the Chery C5 (formerly the Chery Omoda 5) and E5 are sold under this brand in other markets, they won’t be here.Hundreds of new car deals are available through CarExpert right now. Get the experts…

DHAKA: Bangladesh’s powerful army chief has said the first elections since the country’s former leader was ousted in a mass uprising should be held by December, local media reported and military sources confirmed on Thursday (May 22). General Waker-Uz-Zaman was reported to have told officers on Wednesday that elections should be held by December this year – if not earlier, according to Bangladeshi newspapers. The South Asian nation of around 170 million people has been in political turmoil since the student-led revolt that ousted then-prime minister Sheikh Hasina in August, with parties protesting on the streets making rafts of demands. “Bangladesh…

Ajay Rajadhyaksha is global chair of research at Barclays.The Japanese government bond market was already having a bit of a springtime nightmare, but a poor auction of 20-year debt earlier this week has sent long-end yields soaring to their highest levels ever. Here’s a long-term chart of the 30-year Japanese bond yield. As you can see, there’s been an almost parabolic rise in long-term interest rates, with seemingly no end in sight.The 40-year Japanese bond now yields nearly 3.7 per cent, up a full percentage point just since the beginning of April. That hurts. If the duration of the bond…