Author: Press Room

Stay informed with free updatesSimply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox.US regulators are calling on the world’s financial rulemakers to downgrade a flagship project to tackle the risks of climate change in the latest sign of America’s retreat from environmental causes since Donald Trump became president.Top officials at US financial watchdogs are seeking to weaken the power of a high-level task force set up in 2020 to examine climate change risks to the financial system by the Basel Committee on Banking Supervision, the standard-setter for global financial regulation.The proposal to…

Ras Baraka denies charge against him a day after he spent several hours in police custody.Newark Mayor Ras Baraka has denied trespassing at a new United States federal immigration detention centre following his arrest and release. Baraka, who has been protesting the centre’s opening this week, denied his trespassing charge on Saturday, a day after he spent several hours in police custody. The mayor, who is seeking the Democratic party’s nomination for governor,  has gone head-to-head with the Trump administration over undocumented immigration, pushing back against the opening of the Delaney Hall Immigration and Customs Enforcement (ICE) 1,000-bed detention facility,…

The Trump administration has fired the head of the U.S. Copyright Office, two sources familiar with the situation confirmed to CBS News Saturday. The firing of Register of Copyrights Shira Perlmutter came after Perlmutter and her office earlier this week issued part three of a lengthy report about artificial intelligence and expressed some concerns and questions about the usage of copyrighted materials by AI technology.”It is an open question, however, how much data an AI developer needs, and the marginal effect of more data on a model’s capabilities,” the report read. “Not everyone agrees that further increases in data and…

Join Fox News for access to this content You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. A military Humvee towing a trailer careened off Interstate 90 in Bellevue, Washington, Saturday, crashing over a retaining wall and landing on a street below, according to the Washington State Patrol.The crash happened on eastbound I-90…

NEWYou can now listen to Fox News articles! Quinn Ewers entered the 2024 college football season with many pundits projecting him as a first-rounder in the 2025 NFL Draft. But the former Texas quarterback fell to the seventh and final round last month. Ewers also became the last player at his position to come off the board. This year’s draft class featured 14 quarterbacks. Ewers’ agent spoke out after the quarterback’s draft slide, and the 23-year-old is now breaking his silence. Ewers admitted having to wait until the seventh round to hear his name called took him by surprise, but he is…

Police officers returning from a routine morning were thrown into action when a man flagged them down, as his wife was giving birth in their car.

One of the most recognized names in personal finance is urging Americans to increase their financial literacy, and urging the country to do a better job of providing the education. “We spend a lot of time trying to improve financial literacy. We stink at it,” said Ric Edelman, founder of Edelman Financial Engines, on this week’s CNBC “ETF Edge.”Edelman believes the problem is rooted in the fact the U.S. has never had a great tradition of encouraging smart personal finance, and he says it has never been more important to fix, given how long people are now living. That increases the risks…

Margot Friedländer, a Holocaust survivor who spent more than 60 years in exile (as she saw it) in New York City before returning to Germany in 2010 and finding her voice as a champion of Holocaust remembrance — work that made her a celebrity to young Germans and landed her on the cover of German Vogue last year — died on Friday in Berlin. She was 103.Her death, in a hospital, was announced by the Margot Friedländer Foundation, an organization promoting tolerance and democracy.“It helps me to talk about what happened,” she told the members of a UNICEF Club in…

As a conflict between India and Pakistan escalated, Vice President JD Vance told Fox News on Thursday that it was “fundamentally none of our business.” The United States could counsel both sides to back away, he suggested, but this was not America’s fight.Yet within 24 hours, Mr. Vance and Marco Rubio, in his first week in the dual role of national security adviser and secretary of state, found themselves plunged into the details. The reason was the same one that has driven every president since Bill Clinton to deal with another major conflict between the two longtime enemies in 1999:…

Rumeysa Ozturk’s plane touched down in Boston on Saturday evening, ending a six-week odyssey for the student in federal custody that stirred outrage over President Trump’s immigration crackdown.Her return to Massachusetts, where she was arrested in March, came one day after a federal judge in Vermont ordered that she be immediately released from a detention facility in Louisiana.After arriving at Boston Logan International Airport, Ms. Ozturk walked into a room with a big smile on her face, and was joined by her lawyers and Massachusetts lawmakers, including Senator Edward J. Markey and Representative Ayanna Pressley.Ms. Ozturk became visibly emotional as…