Author: Press Room

Federal Reserve Chairman Kevin Warsh departs from the East Room of the White House after a swearing-in ceremony, May 22, 2026.Aaron Schwartz | AFP | Getty ImagesFederal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the central bank, a person familiar with the matter told CNBC.The two researchers are Paul Winfree, the author of the chapter on the Federal Reserve in the conservative policy blueprint “Project 2025,” and Daniel Heil, a fellow at Stanford’s Hoover Institution think tank, where Warsh held a position before joining the Fed.The two are “working as temporary…

Sam Mac says he was honoured to be asked by the late Neale Daniher to take part in an icy plunge for the Big Freeze 12 and will do “absolutely anything” to help fight motor neurone disease.The Sunrise weather presenter will make his debut as a slider at the event next Monday, and while he is still working on his costume, he was shocked to learn the freezing water he will be plunging into is between -2 and -6 degrees.“My confidence levels for the slide have dropped slightly, but I’m so honoured to be a part of, hopefully, a record-breaking…

ECONOMIC BENEFITS EXPECTEDRefugees granted legal access to work in Malaysia could boost the country’s gross domestic product (GDP) by US$750 million over five years and generate more than US$12 million in annual tax revenue, according to a study by the Institute for Democracy and Economic Affairs, a Malaysian think tank.Meanwhile, human rights advocates are urging authorities to ensure transparency and protect refugees from exploitation. Charles Santiago, co-chair of the ASEAN Parliamentarians for Human Rights, said authorities must clamp down on corruption, warning that labour brokers who currently bring foreign workers into the workforce could simply adapt and continue operating under different…

Rubio says the US will lift sanctions on Iran only if it gives up enriched uranium, rejecting a Strait of Hormuz-linked deal.Published On 3 Jun 20263 Jun 2026As the US-Israel war on Iran entered its 96th day, the conflict widened across the Gulf region, with both sides reporting new military actions.The United States military said on Wednesday it carried out “self-defence” strikes on Iran’s Qeshm Island, while Iranian media reported explosions in the area.Recommended Stories list of 1 itemend of listThe escalation spilled into neighbouring countries, with Kuwait saying its air defence systems had intercepted incoming drones and missiles, and…

Voters in San Francisco on Tuesday advanced state Sen. Scott Wiener in the race to succeed former House Speaker Nancy Pelosi in California’s 11th Congressional District, CBS News projects. The other candidate to advance has not yet been projected.Eight Democrats, two Republicans and one no party preference candidate ran to represent the 11th District, the boundaries for which are entirely within San Francisco and cover most neighborhoods in the city except for the Excelsior District, Ocean View, Portola and Visitacion Valley. The top two vote-getters will advance to the November election.The Democratic field includes economic policy director Saikat Chakrabarti, San Francisco…

NEWYou can now listen to Fox News articles! The Vegas Golden Knights have taken Game 1 of the Stanley Cup Final, erasing the Carolina Hurricanes’ early 2-0 lead to win a thrilling 5-4 game in Raleigh and set the tone for this best-of-seven series.It’s a seven-game win streak for Vegas now, as they haven’t lost since Game 4 of the Western Conference Semifinals against the Anaheim Ducks. They surprisingly swept the Colorado Avalanche to win the West, and they kept that momentum going on the road.Tomas Hertl was the hero for the Golden Knights in Game 1, as he scored…

NEWYou can now listen to Fox News articles! LAS VEGAS — A longtime Texas prosecutor with a perfect conviction rate in murder trials says Idaho authorities never had the weak case Bryan Kohberger’s defense team claimed they did, arguing investigators quietly built a “slam dunk” case that would have ended in conviction even if the accused killer hadn’t pleaded guilty.”I think they did a great job — look how it ended,” Kelly Siegler, a former Harris County prosecutor, told Fox News Digital on the sidelines of CrimeCon Las Vegas Saturday. “I mean, he pled, and they did have a whole…

Descrease article font size Increase article font size Usually when people are in Canmore, most of their time is spent looking up at the Rocky Mountains all around the western Alberta community. But after a deluge of rain hit the province over the past few of days, residents and visitors alike are spending a lot more time than they bargained for looking down to see just how much water there is.Canmore resident Kevin McDonald is one of them, finding it hard to shake the memories of the 2013 flood that damaged parts of Calgary, High River, Canmore and other southern…

Underworld figure Mick Gatto and a woman have been arrested after detectives executed a search warrant at a property in Melbourne’s south-east as part of an investigation into alleged financial offences.Police moved in on Wednesday morning, raiding a home in the suburb of Mount Martha.Victoria Police said the operation was carried out by detectives from Taskforce Hawk, a unit established to investigate alleged criminal activity linked to the construction industry.Authorities said the raid formed “part of a current investigation into alleged financial offences”.“Two people at the address, a man and a woman both in their 70s, were arrested and are…

In May, leading potato chip maker Calbee unveiled new grey packaging for 14 product lines, swapping its signature orange-and-yellow packets, with local media attributing the move to an ink shortage linked to the Iran war.Takaichi said the government expects to secure a stable supply of oil until next spring.She added that alternative supplies for naphtha, an oil byproduct used in a wide range of industries, from outside the Middle East have recovered to more than 80 per cent of previous levels.Japan’s central bank hiked its inflation forecasts in April and cut its growth projections after the Iran war sent oil…