Author: Press Room

New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee at the U.S. Federal Reserve in Washington, June 17, 2026.Eric Lee | ReutersFederal Reserve Chairman Kevin Warsh has added two more key advisors as he seeks to remake how the central bank approaches its views on the economy and monetary policy, people familiar with the moves confirmed to CNBC. Though Warsh has talked about broad changes that need to be made at the Fed, he instead reached inside for these appointments, naming economists Daniel Covitz and Eric Engstrom to…

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JOHOR: Malaysia has established a special task force to deal with any potential travel disruptions at the Johor-Singapore border crossings on Jul 11 as Johoreans return to vote in the southern state’s legislature election, says its home minister.Speaking to reporters on Saturday (Jun 27) in Johor, Saifuddin Nasution Ismail said travel at the Singapore-Johor border crossings continue to face a “possibility of disruptions” as the country rolls out a new immigration system.But he stressed that the ministry’s “highest priority” was to ensure no disruptions on the Jul 11 polling day, with his ministry’s task force on hand to handle any that might occur. “Naturally,…

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US prosecutors reach into Somalia for a suspect in US fraud case.Published On 27 Jun 202627 Jun 2026Mogadishu, Somalia – United States prosecutors have reached across the world to seize a leading suspect in a Minnesota fraud case, arresting him in the Somali capital, Mogadishu.Abdikerm Abdelahi Eidleh, 42, was taken into custody on Thursday, with US authorities announcing the arrest on Friday. His capture is the clearest sign yet that the pursuit of those behind the scheme has gone international.Recommended Stories list of 3 itemsend of listNeither US nor Somali officials have disclosed how Eidleh was located. However, the Department…

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President Trump has “a fundamentally different conception of the U.S. presidency” than his predecessors, New York Times reporters Maggie Haberman and Jonathan Swan explain in their new book, “Regime Change: Inside the Imperial Presidency of Donald Trump.”Haberman and Swan sat down with “CBS Mornings” Friday to talk about their book, which dives into the president’s second term and is the result of more than 1,000 interviews. “This administration is so unrecognizable [compared] to Trump’s first one,” Haberman told “CBS Mornings” co-host Gayle King. She said “it became really clear to us,” over many months of reporting, “that we were covering not the…

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Zhipu’s GLM 5.2 artificial intelligence model landed last week with the kind of Silicon Valley buzz that followed DeepSeek’s launch last year.The Chinese AI startup’s new open source model has blown past every other open release and now sits within a percentage point of Anthropic’s Opus 4.8 on one closely watched agentic benchmark, at roughly a fifth of the cost.Developers are piling in, with OpenRouter token traffic climbing faster than it did after DeepSeek’s V4 launch in April. And unlike DeepSeek, which the market eventually dismissed as a one-off chatbot shock, GLM 5.2 is strong at agentic work like planning,…

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Purchasing concert tickets has long been a high-stakes affair, with popular events often selling out within minutes. Increasingly, however, fans are competing against automated ticket-buying programs, commonly referred to as bots, that can snap up seats in seconds before reselling them at higher prices.This has distorted access not only to concert tickets but also to everyday services such as train ticket reservations. Purchasing a ticket has always been “very luck-based,” said Bryce Sng, a 23-year-old concert enthusiast. The added competition of bots “feels very unfair,” he added. Half the joy when fighting for tickets is the stress, Sng said, using a bot feels…

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The latest on-court attack on Caitlin Clark might just be the biggest yet — and possibly the point where a line was finally drawn.The Phoenix Mercury’s Alyssa Thomas shoved her fist into the point guard’s neck before stepping over her on the ground, and the play initially went uncalled — a review of the play resulted in a Flagrant 2 and a one-game suspension.But the foul caught the ire of Rep. Tim Burchett (R-Tenn.), who said Clark gets the “thug treatment” in the WNBA and called it “pathetic.”OUTKICK SPORTS CARTOON OF THE DAY: THE LATEST ATTACK ON CAITLIN CLARK Rep.…

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The Department of Fire and Emergency Services is responding to a growing number of calls for assistance across the State, with the total now reaching 37 incidents.On Patheon Avenue, near the Coogee marina, a roof panel has ripped off the fifth floor of a property, with DFES attending the scene to provide on-going assistance.DEFES crews busy overnight with 37 calls for help recorded across the Perth metropolitan area and the South West.Although most of the callouts were considered minor — most involving water ingress, roof damage and fallen trees — the wild weather still left a trail of damage across…

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