Fed's Powell downplays potential for a rate hike despite higher price pressures
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again.
Speaker Mike Johnson's appearance at Trump's felony trial marks a remarkable moment in US politics
U.S. House Speaker Mike Johnson has become the highest-level Republican to attend court with Donald Trump for his hush money trial, a signal of the former presidentโs grip on the GOP as the country heads toward the November election.
New Builders initiative looks to fight polarization by encouraging collaboration and alliances
A coalition that includes entrepreneur and philanthropist Daniel Lubetzky, actor Liev Schreiber, journalist Katie Couric, and director of the Muhammad Ali Center Lonnie Ali announced Tuesday that it would launch Builders, a nonprofit global initiative aimed at reducing polarization while encouraging people to work together to find solutions they can all support.
Cannes kicks off with Greta Gerwig's jury and a Palme d'Or for Meryl Streep
The Cannes Film Festival opens Tuesday with the unveiling of Greta Gerwigโs jury and the presentation of an honorary Palme dโOr for Meryl Streep, as the French Riviera spectacular kicks off a potentially volatile 77th edition.
Donald Trump's GOP allies show up in force as Michael Cohen takes the stand in hush money trial
As Donald Trumpโs hush money trial reaches a pivotal moment the former presidentโs allies are out in force and serving as his voice to criticize the process and people while Trump himself is under a gag order.
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year.
Star witness Michael Cohen says Trump was intimately involved in all aspects of hush money scheme
The star prosecution witness at Donald Trump's hush money trial says Trump was intimately involved with all aspects of a scheme to stifle stories about sex that threatened to torpedo his 2016 campaign.
For a second time, Sen. Bob Menendez faces a corruption trial. This time, it involves gold bars
For the second time in a decade, Sen. Bob Menendez is finding his political career and freedom on the line in a federal criminal case that already has forced him out of one of the Senate's most powerful posts.
Controversy follows Gov. Kristi Noem as she is banned by two more South Dakota tribes
South Dakota Gov. Kristi Noem is now banned from entering nearly 20% of her state after two more tribes banished her this week over comments she made earlier this year about tribal leaders benefitting from drug cartels.
Experts say gun alone doesn't justify deadly force in fatal shooting of Florida airman
The killing of a Black U.S. Air Force senior airman by a Florida sheriff's deputy responding to a phoned-in complaint about an argument has the airman's family calling for charges, saying the shooting was completely unjustified.
Former Florida Gov. and US Sen. Bob Graham remembered for his civility at memorial service
Family and friends have remembered former Florida Gov. and U.S. Sen. Bob Graham as a politician who usually avoided rancor, enjoyed meeting regular Floridians and always behaved civilly, even behind closed doors.
US special operations leaders are having to do more with less and learning from the war in Ukraine
U.S. special operations commanders are having to do more with less and they're learning from the war in Ukraine, That means juggling how to add more high-tech experts to their teams while still cutting their overall forces by about 5,000 troops over the next five years.
Trump trial turns to sex, bank accounts and power: Highlights from the third week of testimony
The alleged sexual encounter at the center of Donald Trumpโs criminal hush money trial got a graphic airing in court this past week as porn actor Stormy Daniels shared her account before a rapt jury.
WWII soldiers posthumously receive Purple Heart medals 79 years after fatal plane crash
The families of five Hawaii men who served in a unit of Japanese-language linguists during World War II have received posthumous Purple Heart medals on behalf of their loved ones nearly eight decades after the soldiers died in a plane crash in the final days of the conflict.
Hawaii officials outline efforts to prevent another devastating wildfire ahead of a dry season
Hawaii Gov. Josh Green announced Wildfire Mitigation and Risk Reduction Preparedness Month nine months after the nationโs deadliest wildfire in over a century burned the historic town of Lahaina.
Alleged Rushdie attacker, awaiting trial in New York, could still face federal charges, lawyer says
The lawyer for the New Jersey man charged with stabbing author Salman Rushdie says he's in talks with prosecutors to try to resolve existing charges of attempted murder without a trial โ as well as potential terrorism-related charges that could still be coming.
Here's what to know about conservatorships and how Brian Wilson's case evolved
A judge has put Beach Boys founder Brian Wilson under a court conservatorship to oversee his personal and medical affairs after the legendary songwriterโs doctor reported that he has a major neurocognitive disorder.