Inflation is bad enough. One country is making it even worse
CNN
Unnerved by surging prices, the Bank of England on Thursday became the first major central bank to hike interest rates since the pandemic began. The US Federal Reserve will follow in the coming months, with three rate hikes expected next year.
You can quibble over the timing or the size of interest rate hikes, but just about every economist agrees that when prices rise quickly, higher borrowing costs can help reduce demand and inflation.
The host of the Kennedy Center’s annual Christmas Eve jazz performance canceled Wednesday’s concert, citing the board of trustees’ move to rename the facility for both the 35th president and President Donald Trump.
The phone rings. Would your 10-year-old like to speak with the president? He’s tracking Santa Claus from his living room in Palm Beach.
Nasry “Tito” Asfura, a conservative politician backed by US President Donald Trump, has been declared the winner of the Honduran presidential election, narrowly edging out right-leaning centrist Salvador Nasralla in a contest marked by allegations of foreign intervention and voting irregularities.
The Justice Department on Wednesday said it has uncovered over a million more documents potentially related to the Jeffrey Epstein case and may need “a few more weeks” to process and release them to the public.
Eighteen Democratic-led states and the District of Columbia filed a lawsuit Tuesday challenging a new Trump administration policy seeking to bar transgender care for minors at federally-funded hospitals.
Wassail — from a greeting meaning “be in good health” — evokes some kind of ancient holiday tradition. But its particulars, like the spiced beverage, can be cloudy.
A federal judge has blocked the Trump administration’s attempt to reallocate federal Homeland Security funding away from states that refuse to cooperate with certain federal immigration enforcement.
When the Justice Department released a first batch of Jeffrey Epstein files on Friday that included photographs of former President Bill Clinton, White House officials raced to amplify the importance of the new documents.
One year ago this week, Joe Biden was president. I was in Doha, Qatar, negotiating with Israel and Hamas to finalize a ceasefire and hostage release deal. The incoming Trump team worked closely with us, a rare display of nonpartisanship to free hostages and end a war. It feels like a decade ago. A lot can happen in a year, as 2025 has shown.
Two people are dead and others are missing after a fire and explosion tore into a nursing home on the outskirts of Philadelphia, Pennsylvania, spurring local responders, bystanders and staff to rush the elderly population to safety, Gov. Josh Shapiro said.
Botched Epstein redactions trace back to Virgin Islands’ 2020 civil racketeering case against estate
A botched redaction in the Epstein files revealed that government attorneys once accused his lawyers of paying over $400,000 to “young female models and actresses” to cover up his criminal activities
Some Medicare enrollees may soon be able to access super-popular drugs for obesity under a voluntary model program, the Centers for Medicare and Medicaid Services announced Tuesday. Eligible beneficiaries will only have to pay $50 a month.
The Justice Department’s leadership asked career prosecutors in Florida Tuesday to volunteer over the “next several days” to help to redact the Epstein files, in the latest internal Trump administrationpush toward releasing the hundreds of thousands of photos, internal memos and other evidence around the late convicted sex offender Jeffrey Epstein.