A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Earth had one of its warmest years on record in 2017, according to two new analyses from NASA and the National Oceanic and Atmospheric Administration.
A report from NASA released Thursday said 2017 was the second-warmest year on record, while another NOAA report that used different methods said 2017 was the third-warmest year.
Both agencies are in "strong agreement" that the data indicate a long-term warming trend around the world.
Despite cold weather in certain parts of the world, overall the planet has been rapidly warming over the last four decades, said NASA Goddard Institute for Space Studies director Gavin Schmidt.
2016 was the planet's warmest year since record-keeping began in 1880, and climate scientists attributed that in part to a strong El Nino Southern Oscillation climate pattern.
But El Nino was not behind the warm temperatures in 2017.
NASA's release said the rise in Earth's temperature over the long term has been "driven largely by increased carbon dioxide and other human-made emissions into the atmosphere."