With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say. Traders expect a rate cut in September, according to the CME FedWatch Tool, which could lower the target range for the federal funds rate by a quarter percentage point or more. Meanwhile, many…
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open the way for a widely anticipated September interest rate cut. The personal consumption expenditures price index increased 0.1% on the month and was up 2.5% from a year ago, in…
The death toll from devastating landslides in southern Ethiopia has climbed to more than 250 and could rise as high as 500, the UN warned, citing local authorities. The landslides hit thousands of people in Gofa Zone on Sunday and Monday and are the deadliest ever reported in Ethiopia, Africa’s…
An 18-year-old man has been detained on suspicion of killing a former Ukrainian lawmaker, local authorities say, after her fatal shooting in the city of Lviv. Iryna Farion, 60, died in hospital last Friday after she was shot in western Ukraine, the mayor of Lviv, Andriy Sadoviy, posted on Facebook.…
As Venezuela girds for what could be a historic presidential election this weekend, one of the most important names in the race isn’t on the ballot: María Corina Machado – the woman who galvanized Venezuela’s opposition movement, and whom many voters see as the real challenger to socialist incumbent Nicolás…
Ambar Leáñez grows quiet when she thinks of a future beyond this weekend. A staunch supporter of Venezuela’s opposition movement, she’s buoyant about her coalition’s chances to win this Sunday’s presidential election. The thought of another six years under the incumbent – Venezuela’s entrenched authoritarian president Nicolás Maduro – would drive her to…
Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to the city on Thursday. The United States and European Union have sanctioned dozens of companies in Hong Kong and mainland China for evading the extensive…
A debt-ridden laborer in central India said his family’s life has been “changed forever” after he unearthed a 19.22-carat diamond worth almost $100,000. Raju Gond normally makes about $4 a day taking whatever work comes his way to provide for his large family, working in fields or diamond mines in his…
An emotional, accelerating campaign to allow assisted dying for terminally ill adults in Britain has reached parliament, with activists hoping the country will become one of few to legalize the process. A Private Member’s Bill is to be introduced in the House of Lords on Friday, putting the issue back…
France’s high-speed train lines were targeted by multiple “malicious” acts including arson on Friday, in what has been described as “an attack on France” and “coordinated sabotage” to disrupt travel ahead of the opening ceremony of the Paris Olympics. The French state railway company SNCF called the overnight disruption a…