Author: Press Room

When the United States speaks, Australian investors listen.And they will be doing so very closely as the much-anticipated US rates decision is handed down on Thursday.Federal Reserve chair Jerome Powell has previously indicated there will be no changes to the cash rate in May, while the bank waits for more information on the effects of recent tariffs.But what investors are mainly interested in is what comes afterwards, independent economist Craig James says.”(The decision) shouldn’t have any great impact, providing the Federal Reserve chair indicates that there is still the continued leaning towards interest rate cuts,” he told AAP.”If it is…

In the days surrounding Pope Francis’ death, Cardinal Pietro Parolin was everywhere.The No. 2 figure in the Vatican, he visited Francis in the hospital, and then helped seal the papal apartments after the pope died. He welcomed cardinals he knew from around the world to the pope’s funeral, talking to former President Joseph R. Biden Jr., President Volodymyr Zelensky of Ukraine and former Prime Minister Matteo Renzi of Italy. And leading up to the conclave to pick the next pope, he celebrated an outdoor Mass for tens of thousands of faithful on the steps of St. Peter’s Basilica.It seems that…

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. Queens, N.Y.: Rep. Alexandria Ocasio-Cortez, D-N.Y., threw down the gauntlet to Tom Homan on Friday after the border czar previously threatened to refer her to the Justice Department for giving advice to migrants on how to…

At least one person is dead, and two homes were badly damaged after a small plane crashed in a California neighborhood Saturday afternoon.Ventura County Fire Department officials confirmed a small, single-engine fixed-wing aircraft crashed into two homes on the 200 block of High Meadow Street in the Wood Ranch area of Simi Valley. A small plane crashed in Simi Valley, Calif., killing at least one person. (KTTV)TWO PLANES DO ‘GO-AROUNDS’ TO AVOID MILITARY HELICOPTER NEAR REAGAN WASHINGTON NATIONAL AIRPORTPreliminary reports indicate one person who was in the aircraft died, according to a news release from the Fire Department. That person has…

Beau Webster has reaffirmed his credentials for a World Test Championship final place with a brilliant counter-attacking debut knock for Warwickshire in the county championship.Striking the ball with real ferocity, the Tasmanian’s terrific innings of 85 off 86 balls against Yorkshire on a tricky Headingley track showcased an allrounder determined to nail down a place in next month’s Lord’s global showpiece against South Africa.The 31-year-old slugger from Snug, who made a striking international bow in January with 57 and 39 not out in the series-clinching Test win over India at the SCG, introduced himself to fans of his new Midlands…

Stay informed with free updatesSimply sign up to the Equities myFT Digest — delivered directly to your inbox.Signs of a possible thaw in trade tensions helped drive global markets higher on Friday after Beijing said it was “evaluating” recent overtures from Washington on starting trade talks.China’s commerce ministry said the US had recently “conveyed messages to China through various channels, expressing a desire to engage in discussions”.“China is currently evaluating this,” the ministry spokesperson said. Global equities extended their gains further after stronger-than-expected US jobs figures on Friday morning, with the S&P 500 climbing 1.3 per cent by late morning…

We could be in line for a bump in prices — but property is not going to be the money spinner it once was

NEWYou can now listen to Fox News articles! Sovereignty took home the Kentucky Derby Saturday in Louisville.There was a bumpy start on the inside, with Bob Baffert’s Citizen Bull in the lead early, and Journalism, the morningline favorite, not near the top.Journalism found trouble on the first turn, and jockey Umberto Rispoli moved him to the outside. He and Sovereignty met at the eighth pole before Sovereignty and jockey Junior Alvarado pulled away. Sovereignty (18), ridden by jockey Junior Alvarado, crosses the finish line to win the 151st running of the Kentucky Derby at Churchill Downs May 3, 2025, in…

Thousands of Israelis have gathered outside the Ministry of Defence in Tel Aviv, urging the government to prioritise the release of captives still held in Gaza instead of escalating military operations in the Palestinian territory. The demonstration on Saturday was held as Prime Minister Benjamin Netanyahu’s government authorised the mobilisation of up to 60,000 reserve troops, signalling plans to intensify its assault on the besieged Palestinian enclave. One protester held aloft a placard castigating Netanyahu that read, “our tyrant is a liar, because of him the state is on fire”. Government officials claim an expanded military offensive on Gaza will…

Normandy, France — The heroic D-Day landings in Normandy marked the beginning of the end of World War II, where thousands of the Americans who fell in the assault still rest in graves in northwestern France.It was the sacrifice of the American and European Allied soldiers during the Normandy Invasion, and of course their great victory over the Nazis, that formed the bedrock of an alliance that has stood firm for more than 80 years.Then, however, came President Trump’s rhetoric and the ensuing tariff war. “Europe has been very, very bad for us,” Mr. Trump told reporters last month. “Europe has…