Fed's Waller ready to axe 'easing bias,' though not advocating rate hikes yet

Federal Reserve Governor Christopher Waller, an influential voice in policymaking who until recently had advocated for lower ...

US consumer sentiment plumbs record lows in May; inflation expectations increase

U.S. consumer sentiment plunged to a record low in May as ​surging gasoline prices because of the war ‌with Iran fueled anxiety over worsening affordability, a survey showed on Friday.

Warsh takes over Fed with a policy problem already in view

Kevin Warsh, whose broad criticism of current U.S. Federal Reserve officials, playbook for rate cuts and ties to President Donald Trump ​elevated him past other contenders to lead the central bank, ...

Exclusive: Trump officials tried to ban half of U.S. voting machines, citing conspiracy theories

U.S. President Donald Trump’s election-security czar last year sought to ban voting machines used in more than half of U.S.

US releases second batch of government declassified UFO files

The U.S. Defense Department on Friday released a second batch of previously classified files on ​alleged UFO sightings, including references to ‌people reporting unexplained green orbs, discs and ...

Sinkhole expected to keep New York LaGuardia runway shut down until Saturday

A sinkhole that forced the closure of one of ​the runways at New ‌York's LaGuardia airport Wednesday is expected to continue ​until early Saturday, ​snarling flights for the ⁠busy Memorial Day ​travel ...

Exclusive: Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source

A Qatari negotiating team arrived in Tehran on Friday in coordination with United States to try to help ‌secure a deal to end the war with Iran and resolve outstanding issues, a source with knowledge ...

US temporarily moving immigration lawyers to DOJ to speed up citizenship crackdown, Axios reports

The Trump ​administration is ‌temporarily moving ​immigration ​lawyers to the ⁠Justice ​Department to ​speed up efforts to ...

Dow hits first intraday record high since February

The Dow Jones Industrial Average hit an intraday record high on Friday, its first since the U.S.-Iran war ​began, as AI-driven trade and market optimism over negotiations to ‌end the war lifted risk ...

ECB, banks rift hampers Europe's efforts to loosen reliance on US payments giants

Europe's push to curb its dependence on U.S. payments giants Visa and Mastercard has driven a wedge between the European Central Bank and financial firms keen to shield revenues, hobbling efforts ​to ...

Estée Lauder soars, Puig dips after merger talks collapse

Puig's shares were expected to fall at least 10% ​on Friday after the Spanish perfumery ‌and U.S. cosmetics maker Estée Lauder said on Thursday they had ended merger talks.

Paul McCartney helps Stephen Colbert say goodbye to 'Late Show'

Comedian Stephen Colbert signed off from ​his late-night talk show on Thursday after 11 seasons with a sentimental chat with ...