Fed's Barr says future interest rate hikes 'likely' needed to tame inflation

AI superpower ambitions take centre stage as Trump and Xi meet

The US and China are vying for AI supremacy while seeking to keep it under human control.

Lidl banned from selling copycat Birkenstock sandals, Dutch court rules

Lidl must also compensate Birkenstock and pay its legal fees, according to the court ruling

Trump Backtracks on Plan for New Controls on N.I.H. Grants

Democrats and Republicans in Congress opposed the creation of a commission with the power to veto federal research awards.

Tories would prevent long-term jobless spending benefits on alcohol and cigarettes

The proposals would also see benefits cut for people who are able to work but have failed to hold down a job.

Collins rips report on pay-for-play allegations: 'Partisan hit job' 

Sen. Susan Collins (R-Maine) ripped a recent report about an FBI inquiry into an alleged pay-to-play scheme as a "partisan hit job" and "offensive." "I do not understand how anyone would take the word of a felon who's been convicted twice — twice —  two separate cases of five counts of money laundering, counts of...

Bessent ‘Inadvertently’ Failed to Report Holdings of JPMorgan Stock

Treasury Secretary Scott Bessent’s finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which was owned by his husband, as cash.

Where Is the U.S. Beating China on A.I., and Where Is It Lagging?

As Xi Jinping visits President Trump in Washington, his country lags behind the United States on A.I. development in key areas — but Beijing has advantages elsewhere.

The New York Times stopped publishing White House pool photos in support of the banned outlets.

Economic frustrations chip away at Trump’s rural support: Survey

President Trump’s approval ratings among rural voters are taking a hit as concerns mount about rising living costs across the country, according to survey results published Wednesday. While about half of respondents in the new KFF/Associated Press poll expressed support for the president’s overall job performance, 57 percent said they disapproved of how Trump has...

Florida Files Lawsuit Against The New York Times

The state’s attorney general demanded access to company records to examine how the newspaper’s board oversees editorial standards amid claims of anti-Israel bias.

The judge in this case once restored White House access for a CNN reporter after Trump stripped it.

Bentley unveils its first fully electric car

The SUVs will be built on a new production line in Crewe, which has been Bentley's base since 1946.