The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. The cut decreased the Fed’s rate to about 3.6%, the lowest it has been in nearly three years. Lower rates from the Fed can bring…
Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…
NEWYou can now listen to Fox News articles! Venezuelan opposition leader María Corina Machado appeared in public Thursday for the first time in 11 months in Norway as her daughter accepted the Nobel Peace Prize award on her behalf. Machado had been in hiding since Jan. 9, when she was briefly detained after joining supporters…
US President Donald Trump on Wednesday (local time) launched the “Trump Gold Card,” offering legal status and an eventual pathway to United States citizenship for individuals and corporations willing to make large financial contributions.Announcing the rollout on Truth Social, Trump wrote, “The United States Government’s Trump Gold Card is here today! A direct path to…
NEWYou can now listen to Fox News articles! Russian Foreign Minister Sergey Lavrov warned on Wednesday that Moscow will retaliate if European governments deploy troops to Ukraine or seize frozen Russian assets to support Kyiv, according to Reuters. Lavrov delivered the remarks before the Federation Council, Russia’s upper house of parliament, outlining Moscow’s stance on…
US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. “In support of its…
Nvidia CEO Jensen Huang outside the Capitol, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday responded to a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned the export of Nvidia’s Blackwell chips, which are considered the…
NEWYou can now listen to Fox News articles! A federal judge on Wednesday blocked President Donald Trump’s deployment of National Guard troops to Los Angeles and ordered them returned to the control of California Gov. Gavin Newsom. The order, handed down by U.S. District Court Judge Charles Breyer, is a blow to the Trump administration….
NEWYou can now listen to Fox News articles! The U.S. deployed two fighter jets over the Gulf of Venezuela Tuesday, marking what appeared to be the closest known approach of military aircraft to Venezuelan airspace to date, according to reports. The F/A-18 jets were observed on Flightradar24 flying for roughly 30 minutes over the waters…