Fed officials back rate-cut pause as inflation concerns linger

Fed officials back rate-cut pause as inflation concerns linger

The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting [NEW YORK] Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming policy meeting, citing a labour market that appears to be stabilising and ongoing inflation pressures.…

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European shares extend record run on technology, financial gains

European shares extend record run on technology, financial gains

EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy. The pan-European Stoxx 600 advanced 0.5 per cent to 614.57 points. Technology stocks gained 2.3 per cent and hovered at levels last seen in 2000, while financial…

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US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC

US stocks: Wall Street ends up as banks gain following results; chips rally with TSMC

[NEW YORK] US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly results, while Taiwan-based chipmaker TSMC’s blockbuster results boosted shares of US chipmakers. Goldman Sachs and Morgan Stanley both reported a rise in quarterly profit, helped by a flurry of dealmaking. Shares of Goldman…

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Kyrsten Sinema accused of being a homewrecker, pushing her ex-bodyguard to take molly in bonkers lawsuit

Kyrsten Sinema accused of being a homewrecker, pushing her ex-bodyguard to take molly in bonkers lawsuit

WASHINGTON — Kyrsten Sinema’s famous independent streak impacted her former bodyguard’s fidelity, his ex-wife alleged in a bonkers lawsuit against the ex-senator. Heather Ammel, a mother of three and ex-wife of Sinema’s former bodyguard, accused the Arizonan of destroying their 14-year-long marriage by sustaining an affair with him during their trips together around the world,…

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Newsom-linked San Francisco cafe covered in mouse droppings as health inspectors demand action

Newsom-linked San Francisco cafe covered in mouse droppings as health inspectors demand action

An iconic San Francisco restaurant with ties to California Governor Gavin Newsom has a major rodent problem. The 112-year-old Balboa Cafe was cited on Tuesday by the city’s public heath department for mice droppings covering food prep areas. The report also shared concerns about dirty floors and hygiene among staff. Getty Images “Observed lots of…

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Who Is Julio Cesar Sosa-Celis? Venezuelan Illegal Migrant Shot in Leg for Trying to Murder ICE Agent in Minneapolis Has Long Criminal History

Who Is Julio Cesar Sosa-Celis? Venezuelan Illegal Migrant Shot in Leg for Trying to Murder ICE Agent in Minneapolis Has Long Criminal History

The three men arrested in connection with the ambush of an ICE agent in Minneapolis on Wednesday have been identified as Venezuelan nationals who had entered the United States illegally under the Biden administration, officials said Thursday, describing the incident as an “attempted murder” of a federal law enforcement officer. The Department of Homeland Security…

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Verizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved

Verizon Outage: Real Reason Behind Massive Network Outage Revealed as Investigators Believe No Cyberattack Was Involved

Verizon’s widespread network outage on Wednesday was reportedly triggered by a technical failure originating in a single East Coast state, despite affecting customers nationwide. Officials say early findings suggest the outage may have started when a network server in New Jersey went offline. Law enforcement agencies along the East Coast have been looking into the…

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Trump Threatens to Invoke Insurrection Act and Deploy US Troops If Minnesota Doesn’t Stop Rioters from Attacking ICE Agents

Trump Threatens to Invoke Insurrection Act and Deploy US Troops If Minnesota Doesn’t Stop Rioters from Attacking ICE Agents

President Trump on Thursday threatened to invoke the Insurrection Act, a law that would allow him to deploy military forces in Minnesota, if state leaders don’t stop protesters from attacking Immigration and Customs Enforcement officers. The 1807 law allows the president to deploy troops within the United States to restore order during periods of serious…

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