World

‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts

The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory” inflation that caused a major policy …

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USMNT’s Concacaf Nations League squad: Meet Mauricio Pochettino’s team from Christian Pulisic to Diego Luna

It’s almost time for the Concacaf Nations League semifinals where Mauricio Pochettino will have his first chance to win a trophy as manager of the United States men’s national team. While he won’t have his entire first-choice squad available with injuries keeping players like Sergino Dest, Antonee Robinson, and Folarin Balogun out of the side, that doesn’t mean that Pochettino …

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Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., February 12, 2025.  Nathan Howard | Reuters Federal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S. economy growing at a pace lower than …

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Fed holds interest rates steady

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted in a range between 4.25%-4.5%, …

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United Soccer League to bring promotion and relegation to American soccer for first time, starting in 2028

Imagn Images It’s a groundbreaking moment in American soccer. The United Soccer League has voted to adopt a promotion and relegation system. This will make the USL the first American professional sports league to work on implementing the global tiered model, which is the standard for top leagues around the world like the Premier League, Bundesliga, Serie A, Ligue 1 …

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USMNT’s Mauricio Pochettino and Canada’s Jesse Marsch sidestep politics ahead of Nations League semifinals

Hey there! The Concacaf Nations League semifinals are upon us, with the U.S. men’s national team’s showdown with Panama kicking things off on Thursday before Canada’s clash with Mexico. I’m Pardeep Cattry with the latest as the 2026 World Cup host nations gear up for a big week. 📺 Footy fix All times U.S./Eastern Wednesday, March 19🇪🇺 UWCL: Wolfsburg vs. …

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Tencent Q4 2024 earnings report

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Here’s how Tencent did in the fourth quarter of …

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How Jesse Marsch is taking Canada’s 4 Nations title to fuel his soccer team for Concacaf Nations League

Last month, the 4 Nations Challenge took the sports world by storm, with the Canadians’ dramatic 3-2 victory over the United States in the championship capturing 16.1 million viewers in North America. That made it the second-most watched hockey game of the past century, and it also continued the developing rivalry between the two nations. Canadian fans had booed the …

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