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Two Federal Reserve officials on Thursday indicated some optimism on inflation, though neither indicated a likelihood that interest rates will change anytime soon.Chicago Federal Reserve President Austan Goolsbee said Thursday that inflation is still trending the wrong way though there has been a few bright spots. A little later in the afternoon, New York Fed President John Williams said he expects inflation readings to start trending lower.In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed. However, he said he remains squarely focused on inflation, in remarks that reflected…

The US secretary of state tells Gulf Cooperation Council (GCC) states that the Iran deal will ensure their security.United States Secretary of State Marco Rubio has been holding talks in the Gulf.He wants to reassure US allies in the region that Washington will prioritise their security in the wake of an agreement to end the US-Israel war on Iran.Recommended Stories list of 3 itemsend of listWhile meeting Gulf Cooperation Council (GCC) officials in Manama, Bahrain, Rubio said the US wants a permanent deal with Tehran – but not at any price. He also insisted Iran should not charge for ships…

NEWYou can now listen to Fox News articles! Rep. Alexandria Ocasio-Cortez, D-N.Y., declined to rule out a future Senate campaign after a trio of far-left candidates won New York’s primary elections Tuesday, saying the results left her “inspired and encouraged.””I’m sorry I’m not going to be breaking any news here as I consider what’s going to happen in the future,” Ocasio-Cortez told Fox News Digital when asked whether the election results made her more inclined to run for Senate.”But I’m definitely inspired and encouraged by all the new faces that we’re going to be sending to the states and to…

close Video Viral gelatin drink gains traction online as dietitian urges caution on claims Promoted across social media as a budget-friendly appetite suppressant, the effect of drinking gelatin before a meal has been compared to that of GLP-1 weight-loss medications. But an expert urges caution. NEWYou can now listen to Fox News articles! → A viral gelatin drink is drawing Ozempic comparisons, but one expert explains what it can — and can’t — do. → This Fourth of July favorite is making waves again as its already eye-popping price climbs even higher.→ America’s favorite fast-food chain won over customers again…

NEWYou can now listen to Fox News articles! California sued the Trump administration Monday after the Environmental Protection Agency moved to subject the state’s vehicle emissions waivers to congressional review, setting up a legal battle that could determine whether California retains its longstanding influence over the US auto market.The lawsuit, filed by California Attorney General Rob Bonta, challenges the EPA’s decision to submit four California emissions waivers to Congress under the Congressional Review Act, which allows lawmakers to overturn certain federal regulations.The EPA declined to comment on the litigation.In a press release announcing the move earlier this month, the agency…

The federal government says it’s heard loud and clear that public safety is an “issue of grave concern” and has brought in legislation to combat retail theft and violence against transit workers. Business associations in the Halifax region are applauding the Bail and Sentencing Reform Act (Bill C-14), after having spoken out repeatedly, calling for more to be done to stop such crimes in the city’s downtown.Federal Justice Minister and Attorney General Sean Fraser told reporters in Halifax Thursday that stricter bail and sentencing legislation across Canada aims to alleviate pressures on businesses.“These changes are going to have a positive…

NEWYou can now listen to Fox News articles! Brooks Nader is giving fans a sneak peek at her “Baywatch” character.The 29-year-old actress and model was recently photographed in the iconic red “Baywatch” swimsuit, as she and the rest of the cast filmed beach scenes for the upcoming reboot.In the photos, Nader is seen flaunting her beach babe bod in a red one-piece swimsuit with a high-cut leg, showing off her long legs.Also starring Stephen Amell, Shay Mitchell, Hassie Harrison and others, the reboot is set to premiere on Fox in January 2027. Nader was photographed filming for the new “Baywatch”…

The race to build data centres could come with a risk: “fly-by-night” operators with little concern for Australia’s best interests.

This week’s selloff in technology stocks underscores a gnawing anxiety among investors: What happens if you throw a big party and few people show up?The Nasdaq Composite Index has slipped nearly 3% this week as Wall Street frets over whether the trillions of dollars going into artificial intelligence will deliver the revenue and profit growth needed to justify that exorbitant cost.Goldman Sachs estimates tech companies will spend $7.6 trillion through 2031 to build thousands of new data centers to power the rise of AI. But fresh data is raising questions about whether enough consumers and businesses are willing to pay up for these…