The US Federal Reserve met on Tuesday (May 6) and Wednesday (May 7) for the third time in 2025. Ultimately, the committee decided to maintain its benchmark rate in the 4.25 to 4.5 percent range that was last set in November 2024. Fed Chair Jerome Powell cited balance in the…
Here’s a quick recap of the crypto landscape for Friday (May 9) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$103,116 as markets closed for…
This week proved pivotal for the tech and energy sectors as market dynamics and the regulatory landscape shifted. Apple (NASDAQ:AAPL) made waves by signaling a foray into artificial intelligence (AI) search and challenging app store regulations, while OpenAI underwent a major restructuring amid legal battles with Elon Musk. Meanwhile, legislation…
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train cars, according to industry experts and law enforcement officials CNBC interviewed during a six-month investigation. It’s all part of a record surge…
Ukraine said Friday it had exposed a network of Hungarian spies trying to obtain defense secrets in a border region of Ukraine – the first time it said such an operation has been discovered. The Security Services of Ukraine (SBU) said it had detained two Hungarian special services agents, whom…
Ukraine’s Western allies including the US are threatening to slap Russia with more sanctions if Moscow fails to sign up to the 30-day truce in Ukraine proposed by the United States. US President Donald Trump on Thursday added the threat of additional sanctions from the US and “its partners” to…
A diver died on Friday during preliminary operations to recover British tech tycoon Mike Lynch’s superyacht from the waters off the coast of northern Sicily, local police said. The 56-meter-long (184-foot) Bayesian was moored off the small port of Porticello, near Palermo, in August last year when it was likely…
In the southern Philippine city of Davao, a spirited mayoral election campaign is in full swing, with candidates and their supporters out canvassing for votes. But one of the leading contenders is conspicuously absent from the stump. Instead he’s 7,000 miles away, languishing in the custody of the International Criminal…
The leaders of Germany, France, the United Kingdom and Poland have arrived in Kyiv for meetings with Ukraine’s President Volodymyr Zelensky, a symbol of a united European position to publicly pressure Russian President Vladimir Putin. Friedrich Merz, the new German Chancellor, French President Emmanuel Macron, Britain’s Prime Minister Keir Starmer…
Around 160,000 people in Spain’s northeastern Catalonia region were warned to stay inside on Saturday after a fire at an industrial estate caused a toxic cloud of chlorine over a wide area, emergency services said. The blaze at a swimming pool cleaning products company started at 2.20 a.m. local time…