AP Economics Writer WASHINGTON (AP) — Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September. A rate reduction this fall — the
Continue ReadingCNN By CNN Stefano Pozzebon, Karol Suarez, Abel Alvarado, Ivana Kottasová, Jessie Yeung and Tara John, CNN Caracas, Venezuela (CNN) — Both Venezuela’s President Nicolás Maduro and his political opponent claimed victory in the country’s election on Monday, a vote that was marked by accusations of fraud and counting irregularities. With 80% of votes counted,
Continue ReadingAssociated Press COHASSET, Calif. (AP) — In the small forest community of Cohasset, Ron Ward watched as flames hundreds of feet high from California’s deadly Park Fire approached his family ranch. He had lost insurance coverage on it just a month earlier as companies increasingly drop California homeowners due to the growing risk of wildfires
Continue ReadingAssociated Press CARACAS, Venezuela (AP) — As thousands of people demonstrated across Venezuela, opposition candidate Edmundo González announced Monday that his campaign has the proof it needs to show he won the country’s disputed election in which electoral authorities named President Nicolás Maduro the victor. González and opposition leader Maria Corina Machado told reporters they
Continue ReadingBy Zoe Sottile, Susannah Cullinane and Holly Yan, CNN (CNN) — Wildfires are raging out of control in the Western United States and Canada – destroying homes, forcing evacuations and injuring residents. One inferno has reportedly destroyed the historic mining community of Havilah. Another has scorched more than 360,000 acres of California – an area
Continue ReadingAssociated Press GALÁPAGOS ISLANDS, Ecuador (AP) — Warm morning light reflects from the remains of a natural rock arch near Darwin Island, one of the most remote islands in the Galapagos. In clear, deep blue water, thousands of creatures — fish, hammerhead sharks, marine iguanas — move in search of food. The 2021 collapse of
Continue ReadingAssociated Press SINJAR, Iraq (AP) — When Rihan Ismail returned to her family’s home in the heartland of her Yazidi community, she was sure she was coming back for good. She had yearned for that moment throughout long years of captivity. Islamic State militants had abducted then-adolescent Ismail as they rampaged through Iraq’s Sinjar district,
Continue ReadingAssociated Press SINJAR, Iraq (AP) — When Rihan Ismail returned to her family’s home in the heartland of her Yazidi community, she was sure she was coming back for good. She had yearned for that moment throughout long years of captivity. Islamic State militants had abducted then-adolescent Ismail as they rampaged through Iraq’s Sinjar district,
Continue ReadingTOKYO (AP) — U.S. Secretary of State Antony Blinken said the United States has ‘serious concerns’ about the announced result of Venezuela’s hotly contested presidential election that authorities say was won by incumbent Nicolas Maduro. Speaking in Tokyo on Monday shortly after the announcement was made, Blinken said the U.S. was concerned that the result
Continue ReadingAP Business Writer TOKYO (AP) — Asian shares mostly declined in cautious trading Tuesday ahead of central bank meetings around the world. The Federal Reserve, the Bank of England and the Bank of Japan are holding monetary policy meetings this week. Japan’s benchmark Nikkei 225 lost 0.5% in morning trading to 38,268.72. Australia’s S&P/ASX 200
Continue ReadingBy Xiaofei Xu and Chris Lau, CNN Paris (CNN) — Olympics organizers have “deeply apologized” to South Korea over a “human error” that saw its 143 athletes wrongly introduced as North Korean at the opening ceremony. The mishap occurred on Friday, when the South Korean athletes made their debut on a boat cruising down the
Continue ReadingBy CNN Stefano Pozzebon, Karol Suarez, Abel Alvarado, Ivana Kottasová, Jessie Yeung and Tara John, CNN Caracas, Venezuela (CNN) — Both Venezuela’s President Nicolás Maduro and his political opponent claimed victory in the country’s election on Monday, a vote that was marked by accusations of fraud and counting irregularities. With 80% of votes counted, Maduro
Continue ReadingBy Polo Sandoval, Holmes Lybrand, Evan Perez, Ivonne Valdés and Eric Levenson, CNN (CNN) — Joaquín Guzmán López, the son of Mexican drug lord “El Chapo,” surrendered to US authorities on Thursday, leading to the arrest of alleged cartel leader Ismael “El Mayo” Zambada, Mexico’s Secretary of Security and Citizen Protection Rosa Icela Rodríguez, citing
Continue ReadingAssociated Press DEARBORN, Mich. (AP) — Osama Siblani’s phone won’t stop ringing. Just days after President Joe Biden withdrew his bid for reelection and endorsed Vice President Kamala Harris for the Democratic presidential nomination, top officials from both major political parties have been asking the publisher of the Dearborn-based Arab American News if Harris can
Continue ReadingAssociated Press TEHRAN, Iran (AP) — Iran’s supreme leader has endorsed Masoud Pezeshkian as president, allowing the reformist heart surgeon to take charge of a country weakened by economic sanctions over its nuclear program. During a ceremony marking the endorsement on Sunday, Ayatollah Ali Khamenei urged Pezeshkian to prioritize neighbors, African and Asian nations as
Continue ReadingAssociated Press NEW YORK (AP) — Native American artifacts have remained out of public view but still very much in the hands of some of the nation’s largest museums some six months after institutions closed and covered exhibits in response to new federal regulations. The president of New York City’s American Museum of Natural History
Continue ReadingAssociated Press AUSTIN, Texas (AP) — No longer on the campaign trail, President Joe Biden on Monday delivered a speech at the LBJ Presidential Library designed to help cement his legacy. Slightly more than a week after dropping out of this year’s election, Biden marked the 60th Anniversary of the Civil Rights Act by speaking
Continue ReadingAssociated Press LONDON (AP) — Britain’s new Labour government has axed several construction projects and withdrawn a winter fuel payment for millions of retirees to cover what it calls a newly found 22-billion-pound ($28 billion) shortfall in the public finances. It blames the former Conservative administration. The Treasury chief in her first major speech accused
Continue ReadingAP Medical Writer NEW YORK (AP) — Tongue-tie —a condition in infants that can affect breastfeeding — may be overdiagnosed in the U.S. and too often treated with unnecessary surgery, a prominent doctors’ group said Monday. The American Academy of Pediatrics is the latest, and largest, medical society to sound an alarm about the increasing
Continue ReadingAssociated Press ST. CLOUD, Minn. (AP) — Barely a week ago, a sense of inevitability hung over the U.S. presidential election. Donald Trump’s allies gleefully predicted a landslide victory during a Republican National Convention that felt more like a coronation for a nominee who had just survived an assassination attempt and was promising to unite
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