Author: Press Room

NEWYou can now listen to Fox News articles! Federal prosecutors obtained a guilty plea on Wednesday from a father-daughter duo accused of selling counterfeit art purported to be from famed contemporary artists.Erwin Bankowski, 50, and Karolina Bankowska, 26, are facing maximum sentences of 20 years in prison, as well as restitution of up to $1.9 million. Prosecutors say the pair were selling “lies on canvas,” going so far as to generate false ownership histories for the counterfeit works they sold.”These two individuals didn’t just sell counterfeit art – they undermined trust, exploited buyers and attempted to profit from fraud. In…

United States Defense Secretary Pete Hegseth has clashed with American lawmakers over the cost of war on Iran in his first appearance on Capitol Hill since the conflict – now into its third month – broke out.The Pentagon told a hearing of the House Armed Services Committee on Wednesday that the US had spent $25bn on its war on Iran, largely on munitions and equipment maintenance.But Democratic leaders and several economists believe that number to be a significant underestimate. They say the actual cost to the US economy and the country’s 330 million people could amount to between $630bn and…

World Liberty Financial’s token WLFI has deepened its decline, trading to below $0.06 amid an 18% drop in 24 hours as a governance proposal to unlock 62.28 billion WLFI tokens passes overwhelmingly.The result has intensified sell‑off pressure, with market sentiment souring over perceived insider‑friendly mechanisms and looming overhang from the newly structured vesting schedule.WLFI price chart from CoinMarketCapWLFI vote to unlock 62 billion tokens passesOn‑chain data show the governance proposal to restructure 62.28 billion locked WLFI tokens has all but passed. While the voting period ends on May 6, 2026, details indicate backers have a 99.4% approval, with strong support…

Check out the companies making the biggest moves in premarket trading: Meta Platforms — The Facebook parent dropped 9% after the company hiked its full-year capital expenditures guidance to a range of $125 billion to $145 billion, raising concern over its AI spending. That forecast overshadowed a better-than-expected Q1 report. Eli Lilly — The Zepbound and Mounjaro maker’s first-quarter earnings and revenue blew past analyst expectations, sending the stock nearly 8% higher. Eli Lilly also increased its full-year sales outlook to between $82 billion and $85 billion, up from a previous guidance of $80 billion to $83 billion. Alphabet —…

NEWYou can now listen to Fox News articles! News that a local steel manufacturing company would soon pour $43.4 million into expanding its Michigan-based operations prompted praise from the White House — but not for the state’s Democratic governor.”Democrats like Gretchen Whitmer spent decades talking about fixing broken trade deals and creating manufacturing jobs here in America for American workers,” Kush Desai, a White House spokesperson, told Fox News Digital, referring to the Michigan governor who is often floated as a potential Democratic candidate for president in 2028.”President Trump is actually delivering — and he’s delivering with the same agenda…

LIV Golf faces funding cut as Saudi Public Investment Fund pulls out PGA Tour announcer Doug Bell discusses reports that the Saudi Public Investment Fund will cease funding the LIV Golf league after the current season, jeopardizing its future. LIV Golf has incurred reported losses between $6 and $9 billion since its 2021 launch, surprising many agents and players. This significant financial shift underscores a broader reevaluation of investment priorities by Saudi Arabia. NEWYou can now listen to Fox News articles! Former NFL star Tony Romo’s amateur golf career has been well documented since his retirement. But the quarterback-turned-broadcaster will…

Descrease article font size Increase article font size Saskatoon’s debate around the 1st Avenue BRT platform has come to a close, after the motion for the controversial concept was struck down by a single vote. The debate in Saskatoon city council went on for over six hours. A number of speakers representing the various interests of the area took the podium to explain their support and their objections to the project.Chief among them was Michael Mehak with Mehak Kelly and Associates, the company that manages Midtown Mall.“As a central hub that welcomes 4.3 million visitors annually, contributes an estimated $207…

In tonight’s show, Ben Harvey explains why a decision made when Kevin Rudd was Prime Minister means budgets for the next decade are at the mercy of boomers.

NEWYou can now listen to Fox News articles! A man living overseas has been arrested in a nearly 40-year-old cold case after authorities say DNA evidence linked him to the 1989 kidnapping and sexual battery of a young Florida girl. Young Tom Talmadge, 69, was taken into custody at his home in Cavite, Philippines, on April 23 after local authorities received information regarding the case from U.S. Homeland Security Investigations, the Bureau of Immigration (BI) of the Philippines said in a press release. The development comes after Hillsborough County authorities issued a warrant for Talmadge’s arrest in March, according to officials.DNA CRACKS…

As oil markets shift, OPEC’s grip is under pressure, US exports rise, and China drives the push towards renewables.The US-Israel war on Iran is forcing governments worldwide to rethink where their energy supplies come from and how dependent they are on volatile regions.And the market is already shifting. US energy exports have hit record highs. The United Arab Emirates is leaving OPEC.So, as the world adjusts to the disruption in the Strait of Hormuz, what comes next? For many, the answer is clear.As fossil fuels get more expensive and subject to wild swings, renewables are becoming harder to ignore.Once installed,…