Federal Reserve Governor Christopher Waller said Thursday that the central bank could lower interest rates multiple times this year if inflation eases as he is expecting. In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year, with others to follow so long as economic…
The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change where…
EPA A Palestinian boy sits on rubble following Israeli airstrikes on Al Nuseirat refugee camp, central Gaza Civilians in Gaza were waiting anxiously on Friday for a pause after 15 relentless months of war, as Israel’s cabinet met in Jerusalem to finalise a temporary ceasefire deal with Hamas. As they waited, Israel pounded the strip…
South Sudan’s President Salva Kiir has called for calm and urged citizens not to take the law into their own hands, following a spate of attacks on businesses and homes owned by people from neighbouring Sudan. Three people have been killed and seven were wounded in violent confrontations with security officers in the capital, Juba,…
President-elect Donald Trump’s inaugural address on 20 January will take place indoors due to dangerously cold weather being forecast next week in Washington, he has confirmed. The address, as well as other speeches, will now take place inside the US Capitol’s rotunda, rather than outside the building. The inaugural parade will also be held indoors…
The Supreme Court did not give TikTok a last minute stay of execution. If the popular social media site is going to continue to operate in the US, it will have to be politicians or businessmen, not judges, who save it. And the politicians – pressed to balance national concerns about China with TikTok’s massive…
Russia and Iran have agreed to closer military co-operation, in a move announced during a visit to Moscow by President Masoud Pezeshkian. The two countries signed a 20-year “strategic partnership” treaty, covering areas ranging from defence and technology to energy and trade. Iran already supplies drones to Russia, as well as, according to Western intelligence,…
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 11% and 20%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market benchmark, gained 4%. Meanwhile, bitcoin…
A leading Cuban dissident and activist has been released from jail as part of a wider prisoner release deal between the Cuban government and the United States. Jose Daniel Ferrer spent more than three years in prison following anti-government protests that swept through the Communist-run island in 2021. Under the agreement brokered by the Catholic…
After the first 20 minutes, the water temperature seemed to increase at a fairly constant rate of 0.0006 degrees Celsius per second. This increase in temperature means there is an increase in thermal energy, which we can calculate as: Here m is the mass of the stuff (in this case, water), and C is the…
