Author: Press Room

Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty ImagesTraders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump’s tariffs could tip the U.S. into a recession.Odds of five quarter-point reductions coming this year jumped to 37.9%, up from 18.3% one day prior, according to data from the CME Group on Friday morning. That would put the federal funds rate at 3.00% to 3.25%, down from 4.25% to 4.50% where it…

Anna Moneymaker/Getty Images Protesters attend a “Hands Off” rally to demonstrate against President Donald Trump on the National Mall, April 5, 2025 in Washington, D.C. Hundreds of thousands took to the streets in cities across the United States in opposition to the policies of Mr. Trump, in the largest protests since he returned to the presidency. At least 1,300 rallies were held in all 50 states and in U.S. territories, according to organizers, who said attendance far exceeded expectations. Demonstrations were also held in a dozen cities overseas.  Washington, D.C. AMID FARAHI/AFP via Getty Images Demonstrators gather on the National Mall…

A judge awarded a total of $6.6 million to four former high-level aides to Ken Paxton, the Texas attorney general, who claimed that they were unduly fired after reporting him to federal investigators and accusing him of corruption in 2020.The plaintiffs — Blake Brickman, Mark Penley, David Maxwell and Ryan Vassar — proved that the attorney general’s office violated the state’s whistle-blower act, Judge Catherine Mauzy of a district court in Travis County ruled on Friday.Each plaintiff was awarded between $1 million and more than $2 million for lost wages, emotional pain, legal fees and other costs associated with the…

Philadelphia Phillies infielder Bryson Stott went the extra mile to help a friend make a special announcement. During the Phillies’ game against the Los Angeles Dodgers at Citizens Bank Park Saturday, Stott wore a unique piece of equipment for an in-game baby gender reveal. Stott wore a pink armband when he walked into the batter’s box for the first time in Saturday’s game. Phillies broadcaster Tom McCarthy announced the second baseman’s friend, Ryan Stevens, would soon be a father to a baby girl. Philadelphia Phillies second baseman Bryson Stott hits a single against the Los Angeles Dodgers during the fifth inning at…

Investors are bracing themselves in for a sea of red when the Aussie share market opens on Monday after the Trump tariffs wreaked havoc on global shares.

US media reports citing unnamed US and Israeli officials say the meeting would take place at the White House on Monday.Israeli Prime Minister Benjamin Netanyahu will travel to Washington, DC for talks with US President Donald Trump on a range of issues, including tariffs and Iran, Netanyahu’s office announced. The agenda for the trip will include Turkiye-Israel relations, “the Iranian threat”, Israel’s ongoing war on Gaza, tariffs and the “fight against the International Criminal Court,” the Israeli prime minister’s office said on Saturday. US media reports citing unnamed US and Israeli officials said the meeting would take place at the…

Federal prosecutors are seeking a prison sentence of more than seven years for George Santos, the former Republican congressman from New York whose career unraveled after much of his résumé was revealed to be the product of a stunning series of lies.In a court filing on Friday, prosecutors for the Eastern District of New York asked for a sentence of 87 months for Mr. Santos to reflect the “seriousness of his unparalleled crimes.”In 2023, prosecutors charged Mr. Santos with 23 felony counts while he was still a representative in Congress. He pleaded guilty last August, after his expulsion from the…

The University of Massachusetts Amherst said Friday that five international students enrolled at the school have had their visas revoked by U.S. Immigration and Customs Enforcement (ICE). “The university has learned that, throughout the course of this week and as of tonight, five international students have had their visas revoked and student statuses terminated by the federal government,” UMass Chancellor Javier Reyes said in a letter posted to the university website. “I regret sending this news so late on a Friday; given that we learned of some of these revocations this evening, I felt it important to share this troubling news at…

Music is one of the many great reasons to visit Britain. Its heritage of pop and rock is unrivalled, its live scene exhilarating.This northern summer, fans will fly in from across the world to witness Oasis’ comeback, which is expected to inject $1 billion into Britain’s stagnant economy. But for those who haven’t got tickets or don’t fancy paying mega-bucks ($350-plus), yet still have a nostalgic soft spot for 1990s Britpop-rock tunes, there are alternatives for your sonic radar, whenever you’re looking to visit.While many bands who surfed or rode close to the same wave as Oasis have fallen by…

The Israeli military on Saturday acknowledged that the initial accounts from troops involved in the killing last month of 15 people in southern Gaza — who the United Nations said were paramedics and rescue workers — had been partially “mistaken.”The assessment, which was shared in a briefing with reporters by an Israeli military official, came the day after a video obtained by The New York Times appeared to contradict the military’s earlier version of events. The official spoke on the condition of anonymity under army rules.The Israeli military official said the internal investigation of the attack, which has drawn international…