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
The White House on Sunday pledged help from the Justice Department for training armed American teachers, but dropped an idea the president discussed earlier about age limits on gun purchases, NBC News reported.
The move is part of President Donald Trump's plan to respond after 17 students were massacred at a Florida high school last month.
Trump's administration launched a commission, chaired by Education Secretary Betsy DeVos, to explore school safety measures.
Current proposals include stronger firearm background checks, mental health programs and a recommendation that more military veterans and retired police be hired to work in schools, NBC News said.
Such schemes are a "pragmatic plan to dramatically increase school safety," NBC quoted DeVos as saying.
For now, the White House is not considering raising the minimum legal age to buy semi-automatic weapons from 18 to 21, even though Trump publicly talked about that idea earlier this month, NBC added.