Chinese Balloon Shot Down Over US After Pressure

U.S. President Joe Biden confirmed Saturday that he ordered the American military to shoot down a suspected Chinese spy balloon over the United States following mounting pressure.

Federal Reserve raises interest rates by 25 basis points

The Federal Reserve on Wednesday raised interest rates by 25 basis points, issuing an 0.25% hike in line with earlier expectations in a move that signals a rate slowdown in the Fed’s fight against inflation.

US Deadly Icy Storm Traps Millions

More than 50 million Americans were under winter weather warning Tuesday afternoon as a deadly cold front expanded, killing at least two people.

Facing Drone Strikes, Iran Warns Any U.S. Military Action Means War

In the wake of a drone strike against at least one defense factory in the central city of Isfahan, Iranian officials told Newsweek that any military option pursued by the United States against the Islamic Republic would result in all-out conflict with regionwide ramifications.

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