Gold prices continued to surge to new record highs as the yellow metal cleared $5,600 per ounce on Thursday. Gold had surged past the $5,000 threshold for the first time this Monday, marking a weekly gain of over 10%. This rally is attributed to a combination of strong factors: robust safe-haven investment, persistent central bank […]
SK Hynix has overtaken Samsung Electronics in operating profit for the first time, marking a shift in South Korea’s semiconductor hierarchy as artificial intelligence reshapes the memory market. The crossover became clear this week when the two rivals reported earnings on consecutive days. SK Hynix’s results highlighted how leadership in advanced memory chips tied to […]
President Donald Trump on Wednesday nominated federal prosecutor Colin McDonald to serve in the newly formed role of assistant attorney general for national fraud enforcement. McDonald is currently serving as an associate deputy attorney general at the Department of Justice. ‘I am pleased to nominate Colin McDonald to serve as the first ever Assistant Attorney […]
Shipping in the Persian Gulf dipped sharply Wednesday as tensions with Iran intensified amid signs the U.S. was positioning military forces for a potential strike, according to maritime intelligence assessments. The U.S. Navy’s USS Abraham Lincoln Carrier Strike Group entered the U.S. Central Command area of responsibility Monday, a U.S. official confirmed to Fox News […]
Shipping in the Persian Gulf dipped sharply Wednesday as tensions with Iran intensified amid signs the U.S. was positioning military forces for a potential strike, according to maritime intelligence assessments. The U.S. Navy’s USS Abraham Lincoln Carrier Strike Group entered the U.S. Central Command area of responsibility Monday, a U.S. official confirmed to Fox News […]
Federal Reserve Chair Jerome Powell warned Wednesday that a Supreme Court showdown over sitting Fed governor Lisa Cook could have far-reaching consequences for the central bank’s independence and the U.S. economy. ‘I would say that that case is perhaps the most important legal case in the Fed’s 113-year history. As I thought about it, it […]
The White House invited rank-and-file Senate Democrats to discuss government funding options, but they declined, instead opting to unveil a list of demands to rein in Immigration and Customs Enforcement (ICE) agents in exchange for their votes to avert a shutdown. ‘The White House hopes to avoid another debilitating government shutdown, and invited Democrats for […]
The U.S. will ‘very quickly’ reopen its embassy in Venezuela and establish a diplomatic presence on the ground, according to Secretary of State Marco Rubio. ‘We have a team on the ground there assessing it, and we think very quickly we’ll be able to open a U.S. diplomatic presence on the ground,’ Rubio told members […]
The U.S. Capitol Police told Fox News Digital one person was arrested for disrupting Secretary of State Marco Rubio on Wednesday during his Senate Foreign Relations Committee hearing on Capitol Hill. The individual was escorted from the hearing room at the Dirksen Senate Office Building as Rubio was about to deliver his opening statement about […]
Senate Democrats on Wednesday revealed the DHS restrictions they need in exchange for helping Republicans avert a shutdown Friday night, including the tightening of rules on warrants. Senate Minority Leader Chuck Schumer outlined the asks after a closed-door caucus meeting, telling reporters that Democrats were united around “common sense and necessary policy goals.” The list […]