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Why Fed rate-hike pause may not be good for stocks as Wall Street hopes?

Traders have already built bets for the Fed to cut rates later this year, while the Fed has said it expects none if things go according to plan

Biden's re-election campaign sees 'viable pathways' to 2024 election win

Biden's political advisers have long argued that Biden beat Trump once and can do so again. If someone else captures the GOP presidential nomination like Florida Gov

Deutsche Bank to pay $75 mn to settle lawsuit from Epstein victims: Lawyers

Deutsche Bank had previously joined JPMorgan Chase, which is also facing a lawsuit over its ties to Epstein, in fighting the allegations

Would not recommend books featuring bad ideologies: Hong Kong leader

Chief Executive John Lee was addressing a lawmaker's question about dozens of books in public libraries that were taken down without a clear explanation

World leaders land in Hiroshima for G7 meet, Ukraine war high on agenda

The Japan-US alliance is the very foundation of peace and security in the Indo- Pacific region, Kishida told Biden in opening remarks

Ukraine says it shot down 29 of 30 Russia cruise missiles fired today

Ukraine also shot down two Russian exploding drones and two reconnaissance drones, according to authorities

Anti-migration operation on French African island of Mayotte stirs tensions

Mayotte is by far the poorest corner of France, but its average annual income of around $3,500 is still more than double that in Comoros. This has created a powerful pull

China asks embassies to avoid 'propaganda' in pro-Ukrainian displays

"The request cites a need to avoid causing disputes between countries, but doesn't define propaganda or give other details," EU spokesperson

Myanmar military imported $1 billion in weapons since 2021 coup: UN expert

Myanmar's military imported at least 1 bn worth of weapons and related material from Russia, China and other countries since its Feb 2021 coup, according to a UN report

Confident of budget deal, Biden declares 'America will not default'

"It would be catastrophic for the American economy and the American people if we did not pay our bills," Biden said

US debt limit: There's 'work to do', says Biden as he heads to Japan

"I have made clear America is not a deadbeat nation, we pay our bills," he added

Russian conduct unchanged with Western warships in east Med: US commander

A US Navy commander said there is no significant change in the conduct of Russian aircraft and warships toward Western naval and air assets in eastern Mediterranean as Moscow's war in Ukraine goes on

UN forecasts 2 in 3 chance of briefly hitting key heat limit soon

There's a two-out-of-three chance within next 5 years that world will temporarily reach internationally accepted global temperature threshold for limiting the worst effects of climate change

Five on trial in Germany over plot to kidnap health minister, topple govt

Five people go on trial in Germany on Wednesday accused of planning a far-right coup and plotting to kidnap the country's health minister

Hostel fire that killed 6 people was arson, says New Zealand police

New Zealand police said Wednesday they believe a fire that killed at least six people in a Wellington hostel was arson and launched a homicide investigation

Russia threat to exit Ukraine grain deal adds risk to global food security

UN is racing to extend a deal that has allowed shipments of Ukrainian grain through Black Sea to parts of world struggling with hunger

Former British PM Liz Truss warns of China threats during Taiwan visit

Former British Prime Minister Liz Truss warned of the economic and political threats to the West posed by China during a visit Wednesday to Beijing's democratic rival Taiwan

Japan's economy rebounds on healthy consumption as Covid restrictions ease

Japan's economy grew at an annual pace of 1.6 per cent in the quarter through March as private demand rebounded after Covid-19-related restrictions were eased, according to data released on Wednesday

Not stepping down as Tesla CEO, company will start advertising soon: Musk

Tesla famously has avoided paying for advertising like its competitors, relying a lot on Musk's ability to generate free publicity he has 140 million followers on Twitter

It's the algorithms: Study finds YouTube sends gun videos to 9-year-olds

When researchers at a nonprofit that studies social media wanted to understand the connection between YouTube videos and gun violence, they set up accounts on the platform