Business

Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

WASHINGTON (AP) — President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower...

1h ago

Suspected Somali pirates hijack oil vessel headed to the capital

MOGADISHU, Somalia (AP) — Suspected Somali pirates hijacked a fuel tanker off the northeastern coast of Somalia, according to a local official and the British military. The vessel was seized...

2h ago

Suspected Somali pirates hijack oil vessel headed to the capital

MOGADISHU, Somalia (AP) — Suspected Somali pirates hijacked a fuel tanker off the northeastern coast of Somalia, according to a local official and the British military. The vessel was seized...

2h ago

Commercial flights resume at Tehran’s international airport for first time since the war, Iranian state media report

CAIRO (AP) — Commercial flights resume at Tehran’s international airport for first time since the war, Iranian state media report. The Associated Press

3h ago

The Latest: Trump sending Witkoff and Kushner to Pakistan for talks with Iran's foreign minister

U.S. President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan to take part in a second round of ceasefire negotiations with Iran, the White House said Friday. ...

16m ago

Trump to send envoys to Islamabad as Iran rules out direct talks

ISLAMABAD (AP) — U.S. envoys are expected to travel to Pakistan on Saturday in a new bid to salvage ceasefire talks with Tehran, even as Iran ruled out direct negotiations with U.S. representatives as...

3h ago

EU considers helping with Mideast energy infrastructure to bypass conflict zones

NICOSIA, Cyprus (AP) — A painful fuel crunch and soaring oil and gas prices triggered by the Iran war have nudged the European Union to look hard into funding alternative energy routes in the Middle...

7h ago

Screenwriters overwhelmingly approve a 4-year contract with Hollywood studios

LOS ANGELES (AP) — Members of the screenwriters union overwhelmingly ratified a four-year agreement with Hollywood studios and streamers on Friday, bringing an end to a surprisingly smooth and quick...

12h ago

US won't renew Iranian and Russian oil waivers, Bessent says

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Friday that the U.S. does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at sea. And,...

13h ago

Nation's first state moratorium on data centers vetoed by Maine's governor

PORTLAND, Maine (AP) — Maine's Democratic governor on Friday vetoed what would have been the country's first state moratorium on the construction of data centers. The bill passed by the...

14h ago