Author: Press Room

NEWYou can now listen to Fox News articles! The Senate Banking Committee will vote Wednesday on President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, in a key test of how much influence the White House can exert over the central bank.If he clears committee, Warsh’s nomination heads to the Senate floor, where Republicans’ narrow majority leaves little room for defections if they want to place Trump’s pick at the helm of the Fed for the next four years.The Federal Reserve operates largely out of public view, but its influence touches nearly every corner of the U.S. economy…

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NEWYou can now listen to Fox News articles! Alex Cora was fired as manager of the Boston Red Sox Saturday and was reportedly offered a different managerial job just days later.The Philadelphia Phillies fired Rob Thomson Tuesday and offered the job to Cora, but the former Red Sox manager declined, according to USA Today. Cora decided to spend time with family instead, so the Phillies turned to bench coach Don Mattingly as their interim manager.The Red Sox fired Cora and five other members of their coaching staff amid their 10-17 start to the season. After the firing, Cora’s former players…

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The Ford government is moving to permanently add third bunks to some of its jail cells, Global News can reveal, as it looks to squeeze as much space as it can from its major corrections expansion plan. Ontario’s jails are currently struggling with overcrowding issues, including an average of around 130 per cent capacity, growing violent incidents and a higher number of staff shortages leading to lockdowns.In response, the government has said it plans to build thousands of new jail beds across the province — with Premier Doug Ford saying he will “stack them 10 high.”Now, internal documents accessed by…

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At the same time, the Manus case raises questions about how far such a reversal can go once technology, talent and capital have crossed borders.China has handed Manus and Meta a preliminary deadline of several weeks to unwind the deal and fully restore Manus’ Chinese assets to their original state, The Wall Street Journal reported on Apr 27, citing people familiar with the matter.According to the report, this includes stripping any previously transferred data or technology from Meta. Beijing has also considered imposing penalties on Manus and Meta if the deal cannot be fully rescinded, the report said.“The Manus decision…

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London, United Kingdom – Recent headlines from British newspapers speak to different areas of tension in the UK due to the United States-Israel war on Iran: economic woes, political friction and worries about the country’s readiness for the future, strategically and militarily, if the conflict persists.On Thursday, the Financial Times blared, “Consumer confidence slumps to two-year low,” as The Guardian reported, “UK braces for price rises driven by Iran war as economic confidence plummets” and “UK prepared to deploy RAF Typhoons to keep Strait of Hormuz open after Iran war.” Earlier this month, The Independent reported that Prime Minister Keir…

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A company in San Francisco that prosecutors likened to a sex cult has embarked on a campaign to court allies of President Trump as it seeks pardons for its two convicted leaders, CBS News has learned through interviews and records.OneTaste, a self-described “orgasmic meditation” company, is on the hunt for clemency for its former CEO and founder Nicole Daedone and former head of sales Rachel Cherwitz. In late March, a federal judge sentenced the two women to prison — nine years for Daedone and over six for Cherwitz — after their conviction in 2025 for forced labor conspiracy.OneTaste has taken…

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BEIJING: A celebrity food influencer has been hit with an 18.9 million yuan (US$2.8 million) fine after Chinese tax authorities found he had underpaid more than 9 million yuan in taxes.In a statement on Tuesday (Apr 28), China’s State Taxation Administration said Bai Bing, 32, an internet personality known for his food reviews, had underpaid taxes between 2021 and 2024.Bai, who has more than 40 million followers on popular video-sharing platform Douyin, was found to have evaded personal income tax, value-added tax and other levies by misclassifying income and filing false returns, authorities said.He was ordered in October 2025 to…

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The researchers credit the slowdown to policies implemented by Brazil’s President Lula da Silva to curb deforestation.Published On 29 Apr 202629 Apr 2026The pace of tropical forest destruction eased last year from a record high but has remained at alarming levels, according to a new study that praises “decisive government action”.The world lost 4.3 million hectares (10.6 million acres) of tropical primary rainforest in 2025 – down 36 percent from the previous year, researchers from the World Resources Institute (WRI) and the University of Maryland said on Wednesday.Recommended Stories list of 3 itemsend of list“A drop of this scale in…

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