Author: Press Room

Wall Street rallied strongly on Wednesday, with the Dow Jones Industrial Average surging more than 600 points as optimism over a potential US-Iran agreement combined with robust earnings and continued enthusiasm for artificial intelligence-driven growth.The Dow rose 612 points, or 1.24%, while the S&P 500 climbed 1.46% to a record close of 7,365.09. The Nasdaq Composite led gains, advancing 2.03% to 25,838.94, also setting a new high.Geopolitical optimism drives risk appetiteInvestor sentiment was buoyed by reports that Washington and Tehran were nearing a deal to end the conflict. According to Axios, the proposal could include a moratorium on nuclear enrichment,…

NEWYou can now listen to Fox News articles! President Donald Trump warned nearly a year ago that the District of Columbia may have been reporting “fake crime numbers” when he deployed the National Guard to the nation’s capital.Now, the Metropolitan Police Department is embroiled in scandal, as 13 officers have been placed on leave, with some already undergoing termination, according to MPD Interim Chief Jeffrey Carroll, as an ongoing probe into alleged manipulation of statistics unfolds.”Our Internal Affairs Bureau has completed an investigation into crime reporting,” Carroll said. The MPD did not immediately respond to a Tuesday request for comment.…

An exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington.Jonathan Ernst | ReutersPrediction markets traders are confident the Securities and Exchange Commission will change its rules governing how often companies must report financial statements to shareholders, to semiannually from quarterly, following a formal proposal by regulators on Tuesday. Opinion is more divided, however, as to when it will happen. After the proposal was disclosed Tuesday, odds on the Kalshi prediction market that regulations will be eased by April 2027 surged to 73% from 46%. Chances of faster approval, by next Jan. 1, initially jumped to 67%, fell to…

NEWYou can now listen to Fox News articles! A federal jury has found a California man tied to a controversial underground biolab guilty of orchestrating a multimillion-dollar COVID-19 test fraud scheme, prosecutors said.Jia Bei Zhu, 64, a Chinese national, was convicted on all 12 counts following a two-week trial in Sacramento, including conspiracy, wire fraud, distributing misbranded medical devices and lying to the Food and Drug Administration, according to the U.S. Attorney’s Office.Prosecutors say Zhu used his Fresno-based company, Universal Meditech Inc. (UMI), to sell more than one million faulty COVID-19 test kits across the United States, raking in nearly…

Nestled in Ontario’s Kawarthas where Sturgeon and Pigeon lakes meet lies a small quintessential town. A destination for passersby, cottagers and campers, the serene water is dotted with kayakers and fishers in the summer, and in the fall, the leaves turn every shade of red, yellow and orange. With a population of just 3,500, you might think no one would remember the name. But if you’re from Ontario, chances are you’ve heard of Bobcaygeon.In 1998, the Canadian Rock Bank The Tragically Hip released a song by the same name. A chart-topper, The Tragically Hip put Bobcaygeon on the map.Headquartered in…

Town of Bassendean Wind In The Willows childcare centres could be amalgamated after sale abandoned | The West Australian Close navigation menuSubscribeLog In

These state elections could reshape national politics for 200 million Muslims.For nearly 50 years, India’s West Bengal state was governed by opposition parties. First, by the communists and for the past 15 years, the centrist Trinamool Congress.But on Monday, the governing Hindu nationalist Bharatiya Janata Party (BJP) swept to victory in the state assembly polls.Recommended Stories list of 3 itemsend of listCritics say a controversial revision of the electoral roll, which stripped millions of people of their right to vote, helped secure its landslide win.What does this mean for India’s democracy in the face of a dwindling opposition? And what…

Democratic Pennsylvania Gov. Josh Shapiro’s reelection campaign raised $3.6 million over five weeks, according to a senior Shapiro aide. The haul, which came in between March 31 and May 5, boosted the campaign’s cash on hand to a massive $37 million, the aide said.Treasurer Stacy Garrity, Shapiro’s presumptive Republican opponent, has not yet released her campaign’s fundraising numbers from the same period but Shapiro’s campaign outraised hers 10-to-1 over the first three months of the year, bringing in more than $10 million. Shapiro currently holds the record for the most money raised in a Pennsylvania gubernatorial race, pulling in $68 million for…

NEWYou can now listen to Fox News articles! One of the biggest losses of the Houston Astros’ season occurred during practice this week.Star shortstop Carlos Correa injured his ankle while taking swings in the batting cage prior to the Astros’ 2-1 win over the Los Angeles Dodgers at Daikin Park on Tuesday. The 31-year-old told reporters the following day that he would require surgery for a torn tendon in his left ankle and will miss the rest of the season.Correa said he felt a “pop” in his ankle while swinging. He saw a foot specialist on Wednesday morning, and said…

NEWYou can now listen to Fox News articles! Sen. John Fetterman, D-Pa., described protesters who demonstrated in New York City on Tuesday as “Pro-Hezbollah / Hamas s[—]heads,” and indicated that the Democratic Party should speak out against them.”Mob of Pro-Hezbollah / Hamas s[—]heads raging against law enforcement and terrorizing the NYC Jewish community near a synagogue and day care,” Fetterman wrote in a Wednesday post on X.”Where’s my party’s condemnation?” ANTI-ISRAEL AGITATORS CLASH WITH NYPD OFFICERS NEAR SYNAGOGUE Sen. John Fetterman, D-Pa., speaks to reporters following a briefing by Trump administration officials to members of the Senate on U.S. strikes on…