US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Philippines mulls pullout of Syria peacekeepers The Philippine foreign secretary says he is recommending to President Benigno Aquino III to pull out all Filipino U.N. peacekeepers from the Golan Heights following the abduction of four by Syrian rebels. More
Fed's Kashkari says 50 basis points rate cut was 'right decision' Sept 23 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of ... 09/23/2024 - 2:18 am | View Link
Why Fed rate cuts may juice the stock market and your 401(k) Since 1980, during the 20 episodes when the Fed began lowering rates as the S&P 500 hovered within 2% of its all-time high, the benchmark index posted further gains the following year ... 09/22/2024 - 1:01 pm | View Link
Fed's preferred inflation gauge and second quarter GDP: What to know this week likely giving color to the Fed's decision to cut interest rates by 50 basis points. Fed members see two more 25 basis point cuts this year, followed by four more in 2025. Powell has said the ... 09/22/2024 - 1:01 pm | View Link
Lula Seeks to Lead Push for Global AI Rules During Brazil’s G-20 The Brazilian leader has added AI to his list of priorities for his country’s presidency of the Group of 20 nations this year, seizing on the position to try to shape regulatory discussions that ... 09/22/2024 - 3:13 am | View Link
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more. Behind the Fed's decision to make a jumbo cut are its efforts to juggle its so-called "dual mandate" to maintain stable prices — in other words, to keep inflation low — and ensure full employment. 09/19/2024 - 8:58 am | View Link
President Vladimir Putin will play host to Russia’s biggest gathering of world leaders since the invasion of Ukraine and use the BRICS summit to show the U. S. and its allies that he’s no pariah.
With Russian troops advancing in eastern Ukraine and evidence of growing war fatigue among some of Kyiv’s allies, the Kremlin is seizing its opportunity to cast Putin as standing up to the West in attempting to reshape the global order.
LIMA, Peru — Peru’s former President Alejandro Toledo on Monday was sentenced to 20 years and six months in prison in a case involving Brazilian construction giant Odebrecht, which became synonymous with corruption across Latin America, where it paid millions of dollars in bribes to government officials and others.
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Authorities accused Toledo of accepting $35 million in bribes from Odebrecht in exchange for allowing the construction of a highway in the South American country.
SAYLORSBURG, Pa. — Fethullah Gülen, a reclusive U. S.-based Islamic cleric who inspired a global social movement while facing accusations he masterminded a failed 2016 coup in his native Turkey, has died.
Abdullah Bozkurt, the former editor of the Gulen-linked Today’s Zaman newspaper, who is now in exile in Sweden, said Monday that he spoke to Gulen’s nephew, Kemal Gulen, who confirmed the death.
An Indigenous senator has interrupted a reception for British monarch King Charles III during his first visit since taking the throne, calling for a treaty between the Australian government and First Nations peoples.
At an event held to welcome the king to Australia at Parliament House in Canberra on Monday, Senator Lidia Thorpe shouted to the British monarch that he was not her king and he should “give us our land back.”
“Give us what you stole from us,” Thorpe said, before being quickly escorted out of the room by security.
JAKARTA, Indonesia — Prabowo Subianto was inaugurated Sunday as the eighth president of the world’s most populous Muslim-majority nation, completing his journey from an ex-general accused of rights abuses during the dark days of Indonesia’s military dictatorship to the presidential palace.
The former defense minister, who turned 73 on Thursday, was cheered through the streets by thousands of waving supporters after taking his oath on the Quran in front of lawmakers and foreign dignitaries.
Two and a half years into Russia’s war in Ukraine, the Western effort to wean Europe off of Russian oil and gas and isolate the Kremlin has stalled. The E. U.’s much lauded energy transition has kept apace, but it has also provided cover for continuing and in some cases increasing purchase of Russian energy that is funding its ongoing assault on Ukraine.