Turkey has shocked markets with a 100 basis point cut in interest rates despite inflation nearing 80%, as the central bank further eases policy to boost growth ahead of next year’s general election . The bank was expected to hold the rate at 14%, which has already pushed Turkish real yields into deep negative territory, … Read more
Placeholder while loading article actions A “rapidly evolving” epidemic of E. coli in Michigan and Ohio has left 29 people sick and nine of them hospitalized, according to the Centers for Disease Control and Prevention said Wednesday. In an urgent public announcement aimed at finding the source of the outbreak, the CDC said no deaths … Read more
The federal government wants to roll out another round of COVID-19 boosters this fall, but drugmakers are still testing the new boosters. The Food and Drug Administration said it would base its assessment of the recalls on data from mouse studies, in a controversial move. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images … Read more
NEW YORK (AP) — Donald Trump’s chief financial officer is expected to plead guilty tax offenses On Thursday, as part of a deal that would require him to testify about illicit business practices at the former president’s company, two people familiar with the matter told The Associated Press. Allen Weisselberg is accused of taking over … Read more
The pushback marks the White House’s most aggressive response to the FBI’s search to date and comes as other Republicans, including former Vice President Mike Pence, sound the alarm over the message amid threats increased against law enforcement. “Just as President Biden rejects funding for the police, he rejects funding for other law enforcement agencies, … Read more
The biggest news of the day came minutes before the release of the 2022-23 NBA schedule. The Lakers and james lebron agreed to a two-year, $97.1 million contract extensionsources said Athleticism Shams Charania. The deal keeps James under contract with Los Angeles for at least the 2023-24 season. James has a player option for 2024-25, … Read more
The biggest news of the day came minutes before the release of the 2022-23 NBA schedule. The Lakers and james lebron agreed to a two-year, $97.1 million contract extensionsources said Athleticism Shams Charania. The deal keeps James under contract with Los Angeles for at least the 2023-24 season. James has a player option for 2024-25, … Read more
Although he is no longer on Twitter, Donald Trump still knows how to troll. The indicted twice The former president ruffled political feathers in his hometown of New York on Wednesday night by offering eye-popping endorsements to Dan Goldman and Rep. Carolyn Maloney (DN.Y.) in their respective Democratic congressional races. Goldman, who is running for … Read more
Red jellyfish found just at the bottom of the deep sea in Alaska. Credit: Hidden Ocean 2005/NOAA The movement of the continents is capable of strangling marine oxygen. A previously overlooked factor – the position of the continents – helps fill Earth’s oceans with vital oxygen. The movement of the continents could ultimately have the … Read more
KABUL, Afghanistan (AP) — A bombing at a mosque in the Afghan capital, Kabul, during evening prayers on Wednesday killed at least 10 people, including a prominent cleric, and injured at least 27, said an eyewitness and the police. There was no immediate claim of responsibility for the attack, the latest to hit the country … Read more
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