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 received the Federal Bureau of Investigation's report on sexual misconduct allegations against U.S. Supreme Court nominee Brett Kavanaugh and is "fully confident" the Senate will approve his nomination, a spokesman said.
The chamber was expected to receive the report early on Thursday, two sources familiar with the matter told Reuters.
Senators were to be granted access to review it during the day before a procedural vote, Majority Leader Mitch McConnell said on Wednesday.
Senators had been given ample time to review the background investigation and the White House was "fully confident" they would endorse Kavanaugh, the administration's Deputy Press Secretary Raj Shah said in a tweet early on Thursday.
Several people with information related to allegations against Kavanaugh told Reuters they had not heard from the FBI, suggesting its report may be narrower than was desired by some of the lawmakers who demanded it just days ago.
With the report's conclusions as yet unclear, a partisan struggle over it has been developing.
U.S. President Donald Trump and the Senate Republican leadership are battling to corral enough support for a majority vote for Kavanaugh, a conservative federal appeals court judge, while Democrats are in near unanimity against him.
McConnell, a Republican, filed a petition for a cloture vote, which if successful would limit debate on the nomination and start the clock ticking on a final 30-hour waiting period before a Senate confirmation vote.
After filing a cloture petition, lawmakers must wait one legislative day before proceeding to a vote, according to Senate rules. That means a cloture vote could come on Friday morning at the soonest.
As Senate Republican leaders marched toward a final vote on Kavanaugh's nomination, the three Republicans who could be key to whether Kavanaugh is confirmed — Senators Jeff Flake, Susan Collins, and Lisa Murkowski — criticized Trump for mocking Ford at a political rally in Mississippi on Tuesday.
Ford, who testified last week at an extraordinary Senate Judiciary Committee hearing, said she could not remember the precise date or location of the alleged assault or how she got home later, but offered a detailed account of the incident.