U.S. Treasury Secretary Scott Bessent said on Monday that the Federal Reserve is and should remain independent, but argued the central bank has “made a lot of mistakes” and defended President Donald Trump’s decision to dismiss Fed Governor Lisa Cook over alleged mortgage fraud.
Trump has repeatedly criticised the Fed and Chair Jerome Powell for not cutting interest rates, and recently attacked him over the costly renovation of the central bank’s Washington headquarters.
“The Fed should be independent. The Fed is independent, but I also think that they’ve made a lot of mistakes,” Bessent told Reuters during an interview at a diner in suburban Washington.
U.S. President Donald Trump faced pointed criticism over the Iran war on Wednesday in a closed-door meeting with fellow Republicans, shortly before hi...
Strong earthquakes struck west of Venezuela's capital on Wednesday, toppling buildings in Caracas, trapping people in the rubble and prompting scienti...
Brazil moved closer to the World Cup 2026 knockout stage with a Vinícius Jr double, while Morocco fought back in a six-goal thriller against Haiti, a...
Villagers took part in Dragon Boat Festival celebrations on 24 June in Foshan, Guangdong province, where traditional racing was held on the narrow, wi...
A cemetery in the Gaza Strip containing the remains of 22 Canadian soldiers killed during a 1956 United Nations peacekeeping mission has been destroye...
Brazil moved closer to the World Cup 2026 knockout stage with a Vinícius Jr double, while Morocco fought back in a six-goal thriller against Haiti, as Scotland’s campaign suffered a setback after another difficult attacking display.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Villagers took part in Dragon Boat Festival celebrations on 24 June in Foshan, Guangdong province, where traditional racing was held on the narrow, winding Diejiao River.
A cemetery in the Gaza Strip containing the remains of 22 Canadian soldiers killed during a 1956 United Nations peacekeeping mission has been destroyed, according to media reports citing families of the deceased.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
A Ukrainian strike has damaged a school building in a Russian-controlled area of Ukraine’s Zaporizhzhia region, according to local authorities cited by the TASS news agency. No injuries were reported in the incident.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
Authorities in France are reporting that about 20 people have died over the weekend while swimming in unsupervised areas of rivers, lakes and coastal waters as they tried to escape the heatwave.
Ebola cases in the Democratic Republic of Congo have surpassed 1,000, with health officials warning that the outbreak is spreading rapidly through displacement camps and across borders.
Strong earthquakes struck west of Venezuela's capital on Wednesday, toppling buildings in Caracas, trapping people in the rubble and prompting scientists to warn of potentially heavy casualties.
A cemetery in the Gaza Strip containing the remains of 22 Canadian soldiers killed during a 1956 United Nations peacekeeping mission has been destroyed, according to media reports citing families of the deceased.
Tesla has been sued by the family of a 76-year-old Texas woman who was killed when a driver using the company’s Model 3 driver-assistance system crashed into her suburban Houston home, according to a lawsuit filed Tuesday (23 June).
Extreme heat in France has killed hundreds of thousands of poultry and overwhelmed carcass disposal systems, agricultural organisations said. A severe heatwave continues to disrupt farming, energy supplies and daily life across Western Europe.
Israeli forces issued stop-work orders for 15 Palestinian homes in the village of Al-Walaja in the occupied West Bank on Wednesday (24 June), citing a lack of building permits, according to a local official.
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