Author: Press Room

DOLLAR STRENGTHThe US dollar was on a tear, hovering near a 13-month high on its major peers, after a hawkish turn from the Federal Reserve led markets to price in more than one rate hike this year.The US dollar index is set for a weekly gain of 1 per cent on Friday at 100.78. That pushed the yen to 161.26 a dollar, the lowest since July 2024 and well beyond the 160 level widely seen as a line in the sand for Japanese intervention.The British pound was off 0.1 per cent at US$1.3195, after a 0.7 per cent drop overnight…

SpaceX shares fell sharply on Thursday as investors reassessed the company’s lofty valuation following its blockbuster market debut.Investors also weighed reports of a potential multibillion-dollar debt offering to support the company’s ambitious artificial intelligence expansion plans.Shares of Elon Musk’s rockets-to-AI company declined 3% to $184.81 in trading, recovering from earlier losses in the session.SPCX stock remained more than 30% above its initial public offering price of $135.The decline came after SpaceX’s market capitalization briefly surpassed those of Amazon and Microsoft earlier this week, propelling the newly public company into the ranks of the world’s most valuable corporations.Post-IPO rally loses momentumSpaceX’s…

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Greater Manchester Mayor Andy Burnham has cruised to victory in a high-stakes by-election in northern England, paving the way for him to challenge Prime Minister Keir Starmer for the leadership of the Labour Party and the United Kingdom.Burnham handily defeated his closest challenger, Robert Kenyon, the candidate for the anti-immigration Reform UK, in the seat of Makerfield, vote results showed early on Friday, securing the House of Commons seat he needs to mount a bid for the prime ministership.Recommended Stories list of 4 itemsend of listBurnham won 24,927 votes, beating Kenyon by more than 9,000 votes.Rebecca Shepherd of Restore Britain…

NEWYou can now listen to Fox News articles! At Thursday’s ceremony marking the beginning of the Obama Presidential Center’s opening weekend, the master of ceremonies began with a left-wing “land acknowledgment ritual,” for which the entire event was promptly mocked. Valerie Jarrett, the former senior advisor to Obama when he was president and the current CEO of the Obama Foundation, kicked things off.”We’d also like to take a moment to recognize the original inhabitants of the land upon which we are gathered today,” she said. “We honor the Anishinaabe, the Council of Three Fires, the Ojibwe, the Odawa and the Potawatomi…

Democrats call for closure of Delaney Hall ICE detention center House Homeland Security Committee Democrats hold an unsanctioned field hearing in Newark, NJ, to investigate an ICE detention facility amid recent riots. Congressional correspondent Bill Melugin details how Democrats, unable to call sanctioned hearings, are hosting their own “shadow hearing” led by Congressman Bennie Thompson. Former Acting DHS Secretary Chad Wolf provides context, highlighting that Delaney Hall operated under the Obama administration without similar complaints from Democrats. NEWYou can now listen to Fox News articles! A federal judge on Thursday ordered immigration officials to free the Palestinian president of Wisconsin’s…

By Ashley Beherns Global News Posted June 18, 2026 9:07 pm 1 min read Descrease article font size Increase article font size It’s a meaningful walk for students from the Chief Ahtahkakoop School, commemorating 150 years of Treaty 6. With horses, a wagon, and ferries to help them along the way, the class of 19 Native Studies students trekked about 140 km over the span of five days, from Ahtahkakoop Cree Nation to Fort Carlton.“We wanted to do something out of the ordinary, we wanted to do something where they could remember it,” said Eleonore R. Maurcie, a teacher. Get…

New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026.Eric Lee | ReutersWednesday’s Federal Open Market Committee statement alone showed the Federal Reserve is entering a new era under Chairman Kevin Warsh.The statement released Wednesday contained around 130 words, down from figures above 300 recorded in recent meetings, according to a CNBC analysis of the releases.Warsh acknowledged a “difference” in the statement early in his first press conference as chair on Wednesday. He said there was…

Counter-terrorism police say they have charged a third man in relation to the firebombing of a synagogue that caused worldwide outrage.

BC Place was a battlefield as Kone was stretchered off, Qatar got 2 red cards, and both teams brawled after full time.Published On 19 Jun 202619 Jun 2026Canada thrashed nine-man Qatar 6-0 to clinch their first-ever World Cup victory in a Group B match marred by a horrific injury to the home team’s midfielder Ismael Kone and disciplinary issues both during and after the match.A Jonathan David hat-trick, one apiece from Cyle Larin and Nathan Saliba, as well as a Qatar own goal, sealed a momentous victory for the Canadians at the BC Place Stadium on Thursday.Recommended Stories list of…