World

Yellen says U.S. economy remains solid, heading toward ‘soft landing’

U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS Processing Facility on September 06, 2024 in Austin, Texas.  Brandon Bell | Getty Images Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string of weak job reports that have rattled investors …

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Nobel laureate Joseph Stiglitz wants the Fed to deliver a big rate cut

Nobel Prize-winning economist Joseph Stiglitz says the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting, accusing the U.S. central bank of going “too far, too fast” with monetary policy tightening and making the inflation problem worse. His comments come ahead of Friday’s pivotal release of U.S. jobs data, with investors closely monitoring the August nonfarm …

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WATCH: Washington Spirit, USWNT star Trinity Rodman does ‘slam dunk’ celebration in front of Magic Johnson

Getty Images The Washington Spirit defeated Portland Thorns FC in a thrilling come-from-behind win on Saturday, 2-1, with Trinity Rodman showing her athletic ability in more ways than one. The Spirit’s momentum shift was led by Rodman, who entered the match as an injury substitute in the 22nd minute for striker Ouleymata Sarr. It was a clinical finish by the …

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Risk of Russia using nuclear weapon early in Ukraine war

CIA Director Bill Burns testifies next to Director of National Intelligence Avril Haines during a House (Select) Intelligence Committee hearing on diversity in the intelligence community, on Capitol Hill in Washington, October 27, 2021. Elizabeth Frantz | Reuters CIA Director William Burns believed there was a real risk in the fall of 2022 that Russia could use nuclear weapons on …

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Telegram CEO Pavel Durov says France charges are ‘misguided’

Pavel Durov, chief executive officer of Telegram, at the Mobile World Congress in Barcelona, Spain, on Tuesday, Feb. 23, 2016. Chris Ratcliffe | Bloomberg | Getty Images The boss of messaging platform Telegram said late Thursday that charges against him by France are “misguided,” in his first public comments since being detained in the country nearly two weeks ago. Pavel …

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How small modular reactors could expand nuclear power in the U.S.

Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise to speed deployment of new plants as demand for clean electricity is rising from artificial intelligence, manufacturing and …

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Trump is no threat to democracy, according to historian Niall Ferguson

Claims that former U.S. President Donald Trump is a threat to the country’s democracy have been weakened by the legacy of his first term, historian Niall Ferguson said Friday. “I think this whole argument that Donald Trump was going to end democracy and establish some kind of American fascism was blown up because of the way his first term went. …

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