U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., February 12, 2025. Nathan Howard | Reuters Federal Reserve officials slashed its economic outlook in its latest projections released Wednesday, seeing the U.S. economy growing…
John Fanta College Basketball Broadcaster and Reporter Michael Cohen College Football and College Basketball Writer The 2025 College Basketball Crown field is set, which means it’s time to break out your No. 2 pencils and fill out your brackets ahead of the first-year postseason event, which is set to take place from March 31 to…
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted…
A top teachers union has sued the US Department of Education after it stopped processing applications for affordable repayment plans of student loans last month and disabled the online application for the programs. The American Federation of Teachers, or AFT – one the country’s largest unions, representing 1.8 million workers – filed a lawsuit alleging…
The back and forth between a federal judge and the Trump administration over the timing of two flights it arranged last weekend deporting a group of Venezuelan immigrants to El Salvador under the extraordinary powers of a wartime statute will last at least another day. The judge in the case, James E. Boasberg, has given…
Cagil Kasapoglu BBC World Service EPA Ekrem Imamoglu, the Turkish presidential hopeful detained on charges including corruption and aiding a terrorist group, is one of the country’s most popular politicians. A leading figure in the opposition Republican People’s Party (CHP) and mayor of Istanbul, the 54-year-old has long been seen as President Recep Tayyip Erdogan’s…
Getty Images Protesters blocked a bridge in Budapest after the law passed on Tuesday Hungary has passed a law banning Pride marches held by the LGBT community, sparking outrage in and out of the country. Parliament voted for the measure just a day after the bill was submitted on Monday, in a process fast-tracked by…
A visual representation of the digital cryptocurrency XRP. S3studio | Getty Images XRP surged after Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by nearly 14% at $2.57. “It’s been almost four…
A tourist buried by an avalanche in northern Norway has been pulled out alive in a “miracle” rescue after spending seven hours trapped beneath the snow, local media reported. The man, described as being in his 40s or 50s, was found conscious under about 1.5 metres (5ft) of snow shortly after midnight in the municipality…
Officials work at the site of destruction and fire after the Russian attack in Sumy, Ukraine on March 19, 2025. State Emergency Service of Ukraine | Anadolu | Getty Images U.S. President Donald Trump on Wednesday said he had a “very good” call with Ukrainian President Volodymyr Zelenskyy, as the U.S. works to broker peace…
