Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When Donald Trump won the US election in November, many bankers and money managers predicted that his presidency would create a bonanza for American finance. Now he could be Wall Street’s Achilles heel. For the past 15 years, the big US banks and money managers have been on the march. The banks recovered more quickly from the 2008 financial crisis than their European rivals and have been snapping up market share ever since. Goldman Sachs, JPMorgan, Morgan Stanley and Bank of America…

Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. 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. EXCLUSIVE: Women’s fencer Stephanie Turner’s protest kneel against Redmond Sullivan will be her last memory on the strip, for a while.The 31-year-old Maryland native is stepping away from the sport after being dealt a 12-month probation by USA Fencing…

Despite a ceasefire agreed upon in January, Israeli forces have resumed bombing Gaza. On March 19, a day after the bombing resumed, Prime Minister Benjamin Netanyahu declared the latest air strikes, which have killed hundreds of people, were “only the beginning.” Eighteen months into Israel’s genocidal war on Gaza, more than 51,000 Palestinians, mostly women and children, have been confirmed killed. At least 10,000 more are missing, buried under the rubble and presumed dead. The Al Jazeera Investigative Unit’s feature documentary GAZA exposes Israeli war crimes through the use of videos and photographs posted online by Israeli soldiers themselves. Here…

Vice President JD Vance asserted that he and President Donald Trump will not allow the “illegal migrant invasion” that occurred during President Joe Biden’s White House tenure to be ratified via “fake legal process.”He suggested that if the people crying “lack of due process” regarding the deportation of illegal aliens do not have a proposed solution that allows the nation to remove at least several million illegal aliens annually, they do not actually want to achieve border security and expel the illegal immigrants.”When the media and the far left obsess over an MS-13 gang member and demand that he be…

Traders work on the floor of the New York Stock Exchange on April 10, 2025.Michael M. Santiago | Getty Images News | Getty ImagesInvestors may feel an impulse to move to cash amid the recent tumult in the stock market. While cash might feel safer than stocks, it can also pose risks for long-term savers, financial advisors say.Cash — like money held in a high-yield bank savings account or a money market fund — is substantially less volatile than stocks over the short term, experts said.But cash has historically delivered lower returns than stocks over the long term. Holding on…

The Trump administration is considering taking control of the seating in the White House press briefing room from the independent White House Correspondents’ Association. Ashley Wu, a graphics reporter for The New York Times, explains why this matters and notes how questions at the briefings have already started to change.

Huge waves are expected to hit the south east Queensland and NSW coastline heading into the Easter long weekend.

BEIJING: China warned on Wednesday (Apr 16) it was “not afraid” to fight a trade war with the United States and reiterated calls for dialogue, after US President Donald Trump said it was up to Beijing to come to the negotiating table. “If the US really wants to resolve the issue through dialogue and negotiation, it should stop exerting extreme pressure, stop threatening and blackmailing, and talk to China on the basis of equality, respect and mutual benefit,” foreign ministry spokesman Lin Jian said. Trump initially imposed tariffs on imports from China over its alleged role in the fentanyl supply…

Donald Trump is holding the world hostage. True to his erratic nature, the US president has toyed with the global trading regimen like a yo-yo. We are captive, to one degree or another, to Trump’s trigger-happy whims that – beyond the costs to balance sheets, jobs, retirement savings, and wallets – have exacted a heavy toll on our weary psyches. His omnipotence overwhelms, leaving most of us feeling bereft and pining for a moment’s reprieve from the incessant chaos. Last week, Trump confirmed, yet again, his talent for self-preservation without a speck of regret for the trauma and uncertainty he…

The Defense Department’s (DOD) deputy chief of staff was placed on administrative leave on Tuesday, following the steps of another Pentagon official earlier in the day.Darin Selnick, the deputy chief of staff for Defense Secretary Pete Hegseth, has been removed, a senior U.S. official confirmed to Fox News.Selnick is under investigation for the same leak probe that saw Hegseth aide Dan Caldwell escorted out of the Pentagon by security. Both Selnick and Caldwell are on administrative leave.According to the Pentagon’s website, Selnick is a retired Air Force officer who has worked extensively in veterans’ affairs organizations.”Mr. Selnick leverages his extensive…