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US regulators unveiled fines of almost $350 million Thursday against US bank JPMorgan Chase for what they called inadequate trade reporting and surveillance.The fines, levied by the US Federal Reserve and the Office of the Comptroller of the Currency (OCC), relate to issues with the US banking giant...
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President Vladimir Putin has no doubt he will secure another term in Russia’s election. The vote that leaves him in suspense, and could do more to change his policies, will occur eight months later in the United States.Putin has publicly said he prefers US President Joe Biden to his predecesso...
President Joe Biden touted the strength of the US economy during his State of the Union speech to Congress Thursday, pointing to the country's post-pandemic recovery. "Folks, I inherited an economy that was on the brink," he told the joint session of the House and Senate at the Ca...
World
US forces struck and destroyed a Huthi surface-to-air missile in Yemen on Friday after deciding it posed an "imminent threat" to American aircraft, the US Central Command in the Middle East announced.The Iran-backed Huthis, who control much of war-torn Yemen, have been attacking shipping i...
Democrats and Republicans in the US Congress reached an agreement in principle on Wednesday to extend the federal budget by a few days and defer the threat of a government shutdown.The agreement by Republican and Democratic leaders in the House and Senate would push back the start of a shutdown from...
The first American spaceship to the Moon since the Apollo era is probably lying sideways following its dramatic landing, the company that built it said Friday, even as ground controllers ork to download data and surface photos from the uncrewed robot.BSS/The Odysseus spacecraft landed near the lunar...
The International Monetary Fund said Thursday it will disburse $880 million to Ukraine in the third phase of a $15.6 billion aid package approved last year as Kyiv fights the Russian invasion.The aid, announced almost two years to the day after Russian forces poured across the border, must still be ...
American forces launched "self-defense strikes" Wednesday against Huthi missiles and launch positions in rebel-controlled Yemen that posed threats to commercial shipping and naval forces in the Red Sea, the US military said.The Iran-backed Huthis, who control much of war-torn Yemen, have b...
US President Joe Biden directly blamed Russian leader Vladimir Putin on Friday for the reported death of Alexei Navalny in prison, describing the Kremlin critic as a "powerful voice for the truth."Saying he was "outraged" by the news, Biden said he did not yet know exactly what h...
A house explosion in northern Virginia killed one firefighter and injured at least 11 people on Friday evening, authorities said.James Williams, assistant chief of the local fire department, described the scene of the blast as "total devastation.""There's a debris field well into ...
The World Bank's executive board endorsed a new approach to its relationship with the people of Afghanistan Thursday under which new funds of around $300 million could be made available, outside the control of the Taliban authorities.The Bank's new engagement with Afghanistan, dubbed "A...
Asian markets rose Friday, supported by Wall Street and eurozone records, as traders shrugged off weak US retail sales and recession in Britain and Japan.US and European stocks rallied Thursday, with the broad-based S&P 500 up 0.6 percent to finish at an all-time high, along with Paris and Frank...
White House hopeful Donald Trump said on Saturday he would "encourage" Russia to attack members of NATO who had not met their financial obligations, his most extreme broadside against the military alliance he has long expressed skepticism about. With US lawmakers debating new a...
The US military launched retaliatory air strikes against Iranian forces and Tehran-backed militia groups in both Iraq and Syria on Friday, following a drone attack that killed three American soldiers at a remote base in Jordan.The United States blamed the Sunday drone attack on Iran-backed forces bu...
US Secretary of State Antony Blinken will press a proposal to release Gaza-held hostages in return for a pause in the Israeli offensive during his latest crisis trip to the region next week, the State Department said Friday.On his fifth crisis trip to the Middle East, Blinken will visit Qatar and Eg...
The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.The US Federal Reserve, the European Central Bank (ECB) and others have held interest rates e...
Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels per day, abandoning a planned increase, the firm said on Tuesday."Aramco announces that it has received a directive from the ministry of energy to maintain its maximum sustainable capacity...
Ending months of negotiations, the US government on Friday approved a $23 billion deal to sell F-16 warplanes to Turkey, after Ankara ratified Sweden's NATO membership, the State Department said. As required by US law, the State Department notified Congress of the agreement, as well as a s...
The southern US state of Alabama on Thursday put to death a convicted murderer using nitrogen gas, the first time the controversial method decried by human rights advocates has been used in the country.Kenneth Eugene Smith was pronounced dead at 8:25 pm (0225 GMT Friday), according to the state atto...
NASA's Ingenuity Mars helicopter, which made history by achieving the first powered flight on another world, has officially ended its nearly three-year mission after sustaining rotor damage during its last outing, the space agency said Thursday.The tissue-box sized aircraft, which hitched a ride...
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