The fragile ceasefire between Israel and Iran appeared to be holding on Wednesday after a rocky start, giving rise to cautious hope that it could lead to a long-term peace agreement even as Tehran insists it will not give up its nuclear program. The ceasefire took hold on Tuesday, the 12th day of the war … Read more
Thomas Mackintosh BBC News Global Images Ukraine via Getty Images A Ukrainian serviceman looks through the scope of a rifle shortly after the incursion into Kursk Ukraine’s top military commander says its forces are still defending a small area of territory inside Russia that it captured almost a year ago. In August 2024 Ukraine launched … Read more
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday. … Read more
President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday. Trump said “Too Late” Powell is costing the United States “hundreds of billions of dollars” by not cutting rates, leveling a familiar criticism against the Fed chair who has repeatedly … Read more
Exterior of the Bank of England in the capital’s financial district, on Feb. 6. 2025 in London, England. Richard Baker | In Pictures | Getty Images The Bank of England kept its key interest rate on hold at 4.25% during its Thursday meeting, with economists expecting the central bank to wait until August before it … Read more
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
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a … Read more
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank on Tuesday said it would slow the pace of government bond purchases from April next year, while it also held its benchmark rate at 0.5% amid rising … Read more
Bernd Debusmann, John Sudworth and Kayla Epstein Reporting from Washington, Los Angeles and New York Getty Images A protest outside the Michigan Capitol in Lansing, Michigan Protests against President Donald Trump have taken place in towns and cities across the US in a coordinated event titled “No Kings”. The demonstrations were held to counter a … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Trump signs bills ending California electric vehicle mandates ‘once and for all’ 01:07 Judge declares a mistrial on one count in Harvey Weinstein retrial 02:59 Sailor missing from Virginia’s Naval Station Norfolk found dead 01:47 Man saves 6-year-old … Read more