Author: Press Room

Construction work continues at the Marriner S. Eccles Federal Reserve building in Washington, DC, on Dec. 30, 2025.Brendan Smialowski | AFP | Getty ImagesUpdate: Fed votes to hold rates steady, notes ‘uncertain’ impacts from Iran warA hotter-than-expected wholesale inflation reading for February had traders contemplating the possibility that the Federal Reserve won’t be lowering interest rates at all this year.Following a Bureau of Labor Statistics report that the producer price index posted its biggest gain in a year, futures markets took any realistic chance of a cut off the table until at least December.Even then, odds of a reduction at…

Brazilian President Luiz Inacio Lula da Silva has criticised what he called the return of a colonial approach towards developing nations during a summit in Colombia.But while Lula did not mention United States President Donald Trump in his remarks, he gestured at actions undertaken by the Trump administration, including the January 3 abduction of Venezuelan leader Nicolas Maduro and the fuel blockade in Cuba.Recommended Stories list of 3 itemsend of list“It’s not possible for someone to think that they own other countries,” Lula said, in an apparent reference to US policy.“What are they doing with Cuba now? What did they…

3/20: The Takeout with Major Garrett – CBS News Watch CBS News Pentagon makes detailed preparations for potentially sending troops into Iran; Trump lashes out at NATO for not sending troops to Strait of Hormuz.

More than two years after a Toronto father vanished without a trace, his sister is speaking out, pleading for answers as police continue to investigate his disappearance as a homicide. Taron Stepanyan, 40, was last seen leaving his apartment building near Chichester Place on Dec. 23, 2023.On Saturday, his sister, Tatev Stepanyan, spoke with Global News during a visit to Toronto, where she has travelled from Armenia in search of answers.“Till now we have no answer… what happened to him, where is he… is he alive?” she said.Stepanyan said the last time she spoke with her brother was just days…

Cuba’s electricity ‌grid has collapsed again, leaving 10 million people without power, amid a ‌US ‌oil blockade ⁠that’s ​crippled the island’s power system.

NEWYou can now listen to Fox News articles! Major League Baseball’s Automated Ball-Strike System (ABS) had arguably its best moment on Saturday afternoon in spring training.In a game between the Cleveland Guardians and San Francisco Giants in Scottsdale, Arizona, Robbie Ray was facing Sean Mooney, who was at the plate as the tying run in a 3-0 game and an 0-2 count with two outs in the top of the fourth.Mooney took a low sinker that was called a ball by home plate umpire Bill Miller, but catcher Patrick Bailey challenged the call. Only a batter, catcher or pitcher can challenge…

Li Lu may not be a household name for retail investors, but in the halls of Berkshire Hathaway, he is revered.Born in China and shaped by the 1989 student protests, Lu eventually found his calling at Columbia University after hearing a lecture by Warren Buffett.His investment firm, Himalaya Capital, now manages $3.5 billion with a concentrated strategy that mirrors the “buy and hold” philosophy of his late mentor, Charlie Munger.By the end of 2025, a staggering 75% of Lu’s portfolio was anchored in just three powerhouses: Alphabet, Bank of America, and PDD Holdings.Alphabet Inc: the AI fortress and search dominantAlphabet…

The move follows a drone strike on the Red Sea port of Yanbu, Saudi Arabia’s main oil export outlet, after Iran blocked the Strait of Hormuz.Published On 21 Mar 202621 Mar 2026Saudi Arabia has given Iran’s military attache and embassy staff 24 hours to leave the kingdom due to “repeated Iranian attacks” on its territory.The Saudi Ministry of Foreign Affairs said in a statement on Saturday that it had declared personae non gratae the “military attache of the Embassy of the Islamic Republic of Iran to the Kingdom, the assistant military attache and three members of the mission staff”.Recommended Stories list…

NEWYou can now listen to Fox News articles! The Department of Justice (DOJ) on Friday urged a judge to dissolve the injunction that keeps the Trump administration from detaining Kilmar Abrego Garcia again so he can quickly be deported to Liberia.”Dissolution is also warranted because the Court’s Memorandum Order failed to acknowledge that the Court’s own prior injunction against removal is the sole impediment to Petitioner’s prompt removal,” the DOJ wrote in a court filing obtained by Fox News Digital. “The Court cannot both impose the impediment that delays removal and consequently prolongs detention and, at the same time, hold…

NEWYou can now listen to Fox News articles! Court documents revealed a Texas man accused of abusing a corpse on Monday posted a YouTube video throwing a bucket of stolen human bones over the fence of the FBI Dallas office to “summon them by force.”Michael Chadwick Fry is charged with two counts of abuse of a corpse without legal authority, and tampering with physical evidence with intent to impair a human corpse, according to Denton County jail records.He was booked into jail Wednesday and later granted a $30,000 surety bond.Fry’s mother contacted the Bartonville Police Department Monday after he allegedly…