Divided US Fed makes third straight rate cut on jobs risk
The Peninsula
Washington, United States: A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, flagging labor market...
Washington, United States: A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, flagging labor market concerns even as inflation remained elevated while President Donald Trump's tariffs bite.
The cut by a quarter percentage point brings rates to a range between 3.50 percent and 3.75 percent, but the path ahead is less certain.
A split within the central bank deepened with two officials voting to keep rates unchanged, while one policymaker sought a bigger reduction.
Tokyo, Japan: The number of people injured in a 7.5 magnitude earthquake in Japan rose to 51 on Wednesday, authorities said, after warning an even big...
Rome: UNESCO recognized Wednesday that Italian food is more than pizza, pasta and gelato, adding the range and ritual of the famous cuisine to its lis...
Beijing: A fire that broke out in a residential building in southern China killed 12 people, state media reported Wednesday. The blaze at the four...
Washington, United States: The US federal agency tasked with protecting the environment has deleted facts from its website about how human activity dr...
Mexico City: Mexican President Claudia Sheinbaum said Tuesday she was confident of reaching an agreement with US President Donald Trump in a water sha...
New Delhi: From Argentine cuarteto dancing to Yemeni musical poetry, Italian cooking and India s Hindu festival of lights Diwali, UNESCO is weighing 6...
Islamabad, Pakistan: Pakistan on Tuesday welcomed the release of a further $1.2 billion in loans from the International Monetary Fund to help its econ...
London, UK: Ukrainian President Volodymyr Zelensky met with top European leaders in London yesterday amid continuing public pressure from President Do...
Washington, USA:President Donald Trump is set to announce a $12bn aid package for US farmers yesterday, a White House official told AFP, targeting a k...
Beijing, China: A Beijing court ordered Malaysia Airlines on Monday to pay compensation to the families of eight passengers from flight MH370, more th...
Paris, France: Trade unions at the Louvre Museum in Paris on Monday called for a rolling strike next week over working conditions, piling more bad new...
Washington, United States: US President Donald Trump commented Sunday on Netflix s effort to acquire storied Hollywood studio Warner Bros., saying the...
Port Sudan, Sudan: An engineer at Sudan s largest oil field said Monday that the paramilitary Rapid Support Forces had seized the facility along the c...