The suspected Chinese spy balloon that attracted national attention as it traversed the United States was part of a larger surveillance program, the U.S. intelligence officials have concluded.
U.S. President Joe Biden faces condemnation from leading Republicans “protecting the unborn” after he urged Congress to end “extreme abortion bans.”
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.
Iran’s Islamic extremist regime on Monday threatened revenge against Israel if investigators confirm Israeli involvement in Saturday’s drone attack on a weapons facility in the Iranian city of Isfahan, the Times of Israel (TOI) reports.
Islamic extremists enraged at the preaching of the Gospel sprayed acid in the face of evangelist Pastor Frank Mutabaazi in Kampala, Uganda last month, causing severe burns and almost completely blinding him, Morning Star News (MSN) reports. While Christianity is legal in Uganda, Christians have come under increasing violent attacks from extremists in the minority Muslim population.
As European legislators prepared for their long Christmas holidays, Hungary’s prime minister advised them not to return.
The Federal Reserve announced on Wednesday it’s raising interest rates by another half point in an effort to stifle America’s crushing inflation problem. While this is smaller than the three quarter-point hikes from the past four Fed meetings, it’s still double the customary quarter-point raise.
The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point and signaled more tightening next year as it continues to battle high inflation, a fight that’s expected to slow the economy and raise unemployment.
Existing home sales in the United States fell for the ninth straight month in October as higher mortgage rates kept buyers out of the housing market.
Commentators said Wednesday that Democrats defied historical odds in the critical U.S. midterm elections as an anticipated “red wave” of Republican victories did not materialize.
U.S. interest rates rose again Wednesday in a sign that soaring inflation is hard to control in the world’s largest economy.
The US Federal Reserve is expected Wednesday to announce its fourth consecutive 0.75% interest rate hike since June, Reuters reports. Numerous economists polled by Reuters have said the Fed should not pause until inflation falls to around half its current level.
Hungary says persecuted Christians “need help to be given in their homelands,” while those who have fled “must receive help to return.”
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal Reserve will keep raising interest rates aggressively.
The average interest rate on the most popular U.S. home loan rose to its highest level since 2006 as the housing sector continued to bear the brunt of tightening financial conditions, data from the Mortgage Bankers Association (MBA) showed on Wednesday.
Israel announced on Tuesday morning that it had reached a “historic” agreement with Lebanon over the maritime border between the two countries in gas-rich Mediterranean waters.
A coalition of 130 lawmakers sent a letter to a top federal watchdog raising the alarm about a spike in foreign ownership of U.S. farmland.
Israeli archaeologists have unearthed 44 Byzantine gold coins at a location in northern Israel where, according to Christian tradition, Peter proclaimed Jesus to be the Christ, Christian Headlines (CH) reports.
Nearly two dozen states are sending National Guard troops to the U.S.-Mexico border to help federal immigration officials grapple with an unprecedented surge of undocumented migrants.
The U.S. economy shrank for the second consecutive quarter in the three months ended June, according to the final estimate from the Bureau of Economic Analysis, meeting the criteria for a so-called technical recession as raging inflation and higher interest rates weighed on spending.