Author: Press Room

US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging oil prices dampened investor sentiment.The Dow Jones Industrial Average dropped 793.47 points, or 1.73%, to 45,166.64, entering correction territory on an intraday basis. The S&P 500 fell 1.67% to 6,368.85, while the Nasdaq Composite slid 2.15% to 20,948.36, leaving it nearly 13% below its October peak.The selloff marked the fifth straight weekly decline for the major averages, the longest losing streak in nearly four years, as markets struggled to absorb…

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Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.The attack consisted of Iranian missiles and drones, sources told CBS News.Two of the Americans were very seriously injured, sources said. Eight were seriously injured, which is a different category of injury under the military’s classification system.More than 300 American service members have been wounded in action as part of the U.S.’s war with Iran, most of whom have returned to duty, a U.S. Central Command spokesperson said Friday. Since the war began, 13 U.S. service members have been killed.…

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NEWYou can now listen to Fox News articles! A former Los Angeles Unified School District (LAUSD) IT employee and a tech company owner are facing felony charges in what prosecutors describe as one of the “largest” alleged money laundering schemes in the district’s history.Hong “Grace” Peng, a former LAUSD technical project manager, and Gautham Sampath, owner of the tech firm Innive, are accused of orchestrating a years-long “pay-to-play” scheme that allegedly steered more than $22 million in school district contracts to Sampath’s company.”This case involves a blatant abuse of public trust — funneling taxpayer dollars intended for students into personal…

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The City of Calgary is proposing an overhaul to the zoning district at the centre of the citywide rezoning debate, as a public hearing into the policy’s repeal continues at city hall. Citywide rezoning, often referred to as blanket rezoning, saw the city’s base residential zoning changed to Residential Grade-oriented Infill District (R-CG) in August 2024 after an historic public hearing earlier that year.R-CG was first introduced as a zoning district in 2014, and allows the development of rowhouses, townhomes, semi-detached and single-detached homes with up to four units as well as four secondary suites on a single property.Redevelopment using…

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NEWYou can now listen to Fox News articles! North Carolina’s men’s basketball program parted ways with head coach Hubert Davis earlier this week following an upset loss to VCU in the opening round of the NCAA tournament.UNC did not disclose details about Davis’ departure, instead describing the move as a change in leadership. The now-former Tar Heels coach later confirmed on social media he was “let go” despite wanting to continue coaching at Chapel Hill.Since Davis’ exit, several possible candidates with ties to UNC have emerged, including Kenny “The Jet” Smith, who was notably mentioned by ESPN’s Stephen A. Smith.…

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The monster storm that ripped through WA has been downgraded — but its destructive trail is only just emerging.Narelle is no longer a tropical cyclone, weakening into a fast-moving tropical low as it charges south across the State.At last check, the system was sitting over the Gascoyne, east of Geraldton, still whipping up wind gusts of up to 100km/h.It comes after Narelle tore down the coast as a category 4 system, smashing towns in its path.In Exmouth, winds above 250km/h shredded roofs, cut power and flooded homes, forcing dozens to flee a damaged evacuation centre.Further south, Carnarvon was engulfed by…

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The Iran-aligned Yemeni group have the ability to target key shipping lanes around the Arabian Peninsula.Published On 27 Mar 202627 Mar 2026Yemen’s Iran-allied Houthis say they are prepared to intervene ⁠militarily if ⁠other countries join the United States and Israel in their war against Iran, or if the Red Sea is used to launch attacks on their ally.“We confirm that our fingers are on the trigger for direct military intervention” if any new alliances join Washington and Israel against Iran and its ⁠allies, or if the Red Sea is used for “hostile operations” against Iran, the group’s military spokesperson Yahya…

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NEWYou can now listen to Fox News articles! The White House pushed back hard Friday amid a news report that Todd Lyons, the acting director of U.S. Immigration and Customs Enforcement (ICE), has been hospitalized at least twice for stress-related issues with the Trump administration that left him visibly upset and strained. The pushback came following a Politico report that said Lyons was hospitalized at least twice for stress-related issues while carrying out President Donald Trump’s immigration agenda. The stress has left Lyons unable to carry out key decisions, the report states, citing two current and two former administration officials, who were…

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