US House passes bill to compete with China in tech, science
ANKARA
The House of Representatives on Friday passed a bill that would make the US more competitive against countries like China in technology, scientific research and manufacturing.
The America COMPETES Act...
Fed's hawkish stance may remove $2T in liquidity by 2024: Fitch
ANKARA
The US Federal Reserve’s hawkish stance may be removing more than $2 trillion of liquidity from the banking system by the end of 2024, Fitch Ratings warned Thursday.
The Fed's...
US snow storm cancels 4,000 flights, power outages top 100,000
WASHINGTON
Thousands of flights have been canceled and more than 100,000 power outages were reported Wednesday and Thursday because of a massive winter storm in the central US.
An estimated 108...
White House backpedals on describing Russian invasion of Ukraine as 'imminent'
WASHINGTON
White House will no longer use "imminent" to describe the potential invasion of Ukraine by Russia, spokeswoman Jen Psaki said Wednesday.
She said at a news conference that she...
CNN's Jeff Zucker resigns, citing relationship with colleague
WASHINGTON
CNN President Jeff Zucker resigned Wednesday, citing failure to disclose a relationship with a top-ranking colleague.
In a memo to employees, Zucker said he was asked about a "consensual relationship"...
US bracing for massive winter storm
HOUSTON, Texas
A winter storm is expected to wreak havoc on a nearly 2,000-mile swath of the US over the next few days, bringing heavy snow, ice and bitter cold...
39 missing after boat capsizes off Florida Coast
Houston, TEXAS
The United States Coast Guard is currently on a frantic search looking for survivors, after a boat capsized off the east coast of Florida.
Thirty-nine people are believed missing.
Coast...
US State Department OKs $2.5B plane, radar sales for Egypt
WASHINGTON
The US State Department notified Congress on Tuesday of potential sales to Egypt of aircraft and air defense radar systems valued at over $2.5 billion.
The two sales include Egypt's...
IMF calls on El Salvador to halt use of Bitcoin as legal tender
WASHINGTON
The International Monetary Fund (IMF) "urged" the government of El Salvador to halt the use of Bitcoin as legal tender, citing what it said are "large risks" for that...
FBI identifies Texas synagogue hostage-taker
WASHINGTON
The FBI on Sunday identified the gunman who held hostages at a Texas synagogue as British national Malik Faisal Akram, 44.
Matthew DeSarno, special agent in charge of the FBI's...