Fed holds rates of interest for fourth time regardless of tariff turmoil

Fed holds rates of interest for fourth time regardless of tariff turmoil

Bloomberg/Getty People and businesses in the US have faced a whirlwind of policy change in recent months. But one thing has remained fixed: borrowing costs set by the US central bank. The Federal Reserve stuck with that strategy on Wednesday, leaving its key interest rate unchanged, even as officials’ expectations for the economy worsened. The … Read more

Israel vows Iran will ‘pay the value’ as assaults proceed for a fourth day

Israel vows Iran will ‘pay the value’ as assaults proceed for a fourth day

Trails of Iranian ballistic missiles light up the night sky as seen from Gaza City during renewed missile strikes launched by Iran in retaliation against Israel on June 15, 2025. Anadolu | Anadolu | Getty Images Tehran will “pay the price” for its fresh missile onslaught against Israel, the Jewish state’s defense minister warned Monday, … Read more