By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation. A key reason for the delay
Continue ReadingBy SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — Belgium’s federal prosecutor’s office says police have searched the residence of an employee of the European Parliament and his office in the Parliament’s building in Brussels over suspected Russian interference. They said Wednesday that the suspect’s office in Strasbourg, where the EU Parliament’s headquarters are located in
Continue ReadingBy Esha Mitra and Joshua Berlinger, CNN New Delhi (CNN) — India’s capital territory of Delhi sweltered to its highest-ever temperature of 49.9 degrees Celsius (121.8 degrees Fahrenheit) on Tuesday, as an oppressive heat wave forced authorities to impose water rationing. The Indian Meteorological Department (IMD) said the new record was measured in the suburb
Continue ReadingBy Amy Woodyatt and Kevin Dotson, CNN (CNN) — Novak Djokovic secured a comfortable win over wildcard Pierre-Hugues Herbert in the first round of the French Open on Tuesday, but the world No. 1 said he isn’t going to “get too excited” by the victory after experiencing a dip in form this season. The Serbian,
Continue ReadingBy GERALD IMRAY, MOGOMOTSI MAGOME and FARAI MUTSAKA Associated Press JOHANNESBURG (AP) — South Africans voted Wednesday at schools, community centers, and in large white tents set up in open fields in an election seen as their country’s most important in 30 years. It could put the young democracy in unknown territory. At stake is
Continue ReadingBy YURI KAGEYAMA AP Business Writer TOKYO (AP) — Shares retreated Wednesday in Europe and Asia as a rise in bond yields added to pressure on stocks. France’s CAC 40 slipped 0.7% in early trading to 8,001.58, while Germany’s DAX declined 0.4% to 18,596.23. Britain’s FTSE 100 edged nearly 0.2% lower, to 8,240.60. The future
Continue ReadingBRUSSELS (AP) — Belgium’s federal prosecutor’s office says police have carried out searches at the residence of an employee of the European Parliament and at his office in the Parliament’s building in Brussels over possible Russian interference. They said Wednesday that the suspect’s office in Strasbourg, where the EU Parliament’s headquarters are located in France,
Continue ReadingBy GERALD IMRAY, MOGOMOTSI MAGOME and FARAI MUTSAKA Associated Press JOHANNESBURG (AP) — South Africans voted Wednesday at schools, community centers, and in large white tents set up in open fields in an election seen as their country’s most important in 30 years. It could put the young democracy in unknown territory. At stake is
Continue ReadingDUBAI, United Arab Emirates (AP) — Iran says that Saudi Arabia expelled six members of a crew from its state television broadcaster after they had been detained for nearly a week in the kingdom ahead of the Hajj. The incident comes a year after Riyadh and Tehran reached a Chinese-mediated detente. There have been tensions
Continue ReadingBy Hanna Ziady, CNN London (CNN) — The owner of Royal Mail has accepted a £3.57 billion ($4.6 billion) takeover bid from Czech billionaire Daniel Křetínský, paving the way for the sale of one of Britain’s oldest and most iconic institutions to a foreign owner for the first time. International Distribution Services, which owns the
Continue ReadingBy AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden and Vice President Kamala Harris are stepping up their reelection pitch to Black voters, a key part of their 2020 winning coalition that has shown signs of fraying. They’ll launch a new Black voter outreach effort during a visit to the battleground state of
Continue ReadingBy STEPHEN GROVES Associated Press WASHINGTON (AP) — The top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense, saying aggressive and significant spending increases are necessary to deter coordinated threats from U.S. adversaries such as Russia, Iran and China. Sen. Roger Wicker told The Associated
Continue ReadingBy Joan Biskupic, CNN Senior Supreme Court Analyst (CNN) — Retired US Appeals Court Judge David Tatel, a former civil rights lawyer and nearly 30-year veteran of the country’s “second highest court,” laments the actions of the current Supreme Court and Chief Justice John Roberts in a candid new memoir. Rarely do US jurists, even in retirement, write so bluntly.
Continue ReadingTAIPEI, Taiwan (AP) — The U.S. has appointed a new representative to Taiwan as China boosts its threats against the self-ruled island following the election of a new president who wants the territory to maintain its de-facto independence. China claims Taiwan as its own territory and this week staged naval and air force drills that
Continue ReadingBy George Ramsay, CNN (CNN) — Brazilian Olympic gold medalist pole vaulter Thiago Braz is set to miss the upcoming Games in Paris after he was handed a 16-month doping suspension. The Athletics Integrity Unit (AIU), an independent body which combats doping, announced on Tuesday that Braz, who won gold in front of home fans at
Continue ReadingBy Ben Morse, CNN (CNN) — With their playoff elimination on the line, the Minnesota Timberwolves put in a gutsy performance to fend off the Dallas Mavericks 105-100 on Tuesday and force a Game 5 in the Western Conference finals. Having lost the opening three games of the best-of-seven series, the Timberwolves faced the proposition
Continue ReadingDERA ISMAIL KHAN, Pakistan (AP) — Police say militants have burned a girls’ school in a former Pakistani Taliban stronghold, destroying furniture, computers and books. No one was hurt in the overnight attack in North Waziristan in Khyber Pakhtunkhwa province. A police official said Wednesday that officers are still investigating to determine who was behind
Continue ReadingBy ELAINE KURTENBACH AP Business Writer The International Monetary Fund has upgraded its forecast for China’s economy, while warning that reforms are needed to sustain growth. The IMF said the world’s second-largest economy will likely grow at a 5% annual rate this year, based on its growth in the first quarter and recent moves to
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By Mindy Weisberger, CNN (CNN) — Cancer is often regarded as a disease of the modern age. However, medical texts from ancient Egypt indicate that healers of the time were aware of the condition. Now, new evidence from a skull more than 4,000 years old has revealed that ancient Egyptian physicians may have tried to treat
Continue ReadingBy BINAJ GURUBACHARYA Associated Press KATHMANDU, Nepal (AP) — One of the greatest Mount Everest guides on Wednesday expressed concerns about the peak’s growing piles of garbage, as he was honored by his government to mark Everest Day. Sherpa guide Kami Rita, who has scaled Mount Everest a record 30 times, was honored by Nepal’s
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