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US Fed pencils in one interest rate cut this year

The US Federal Reserve has signalled that it will cut its key interest rate just once this year despite inflation easing. Back in March, the central bank had been expected to reduce borrowing costs three times by the end of 2024. However, on Wednesday, new forecasts from Fed officials who make decisions on rates pencilled […]

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Robinhood Ventures Into Crypto With Bitstamp Purchase

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood Markets, Inc., an American company that offers financial services, has made a deal to buy Bitstamp, a global cryptocurrency exchange. Robinhood is buying the global exchange for $200 million to strengthen its […]

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Explorer Ernest Shackleton’s ‘last ship’ Quest discovered

17 hours ago By Jonathan Amos, @BBCAmos, Science correspondent RCGS A sonar image of the sunken vessel. It went down on 5 May 1962 Wreck hunters have found the ship on which the famous polar explorer Ernest Shackleton made his final voyage. The vessel, called “Quest”, has been located on the seafloor off the coast of Newfoundland, Canada. […]

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Juventus hire Thiago Motta as manager after Bologna success

Jun 12, 2024, 01:03 PM ET Juventus have hired Thiago Motta to replace Massimiliano Allegri as their manager, the Italian giants announced Wednesday. “Juventus is delighted to announce Thiago Motta as the new First Team head coach. The Italian-Brazilian has signed an agreement with the Club until June 30, 2027,” Juventus said in a statement. […]

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The ACLU is suing over Biden’s new executive actions on the border : NPR

President Biden delivers remarks on June 4 on executive actions to limit asylum. Kevin Dietsch/Getty Images/Getty Images North America hide caption toggle caption Kevin Dietsch/Getty Images/Getty Images North America The ACLU filed a lawsuit in federal court on Wednesday challenging the Biden administration’s new executive actions that block migrants from seeking asylum at the southern […]

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Evidence that Iran and UAE drones used

3 hours ago By Abdelrahman Abu Taleb, BBC News Arabic Reuters Cities such as Omdurman have been turned into ghost towns by a year of fighting Iran and the United Arab Emirates (UAE) have been accused of violating a UN arms embargo by supplying drones to the warring sides in the 14-month conflict that has devastated Sudan. […]

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£8m Longitude prize won for tackling superbug rise

3 hours ago By James Gallagher, @JamesTGallagher, Health and science correspondent, BBC News Getty The £8m Longitude Prize has been won after a decade-long competition to find new tools to tackle the scourge of superbugs. It has been awarded for a test that rapidly detects whether an infection is caused by bacteria and identifies the right antibiotics to […]

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