JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday. Powell did not say when rate cuts would begin or how large they might be, but the Fed is widely expected to announce a modest quarter-point cut in its benchmark rate when it meets in mid-September. “The time has come for policy to adjust," Powell said in his keynot

World Business Aug. 24, 2024

A head-on collision of vehicles on a New Zealand highway killed three South Korean skiers and seriously injured two other people, local police and South Korean sports officials said. The van and a four-wheel-drive vehicle were traveling in opposite directions before crashing at an intersection near the rural South Island town of Geraldine, the district’s police inspector Vicki Walker said. The collision Wednesday killed three of the van’s passengers and critically injured another p

Social Affairs Aug. 22, 2024

The Democratic National Convention kicks off Monday, with delegates and officials descending on Chicago after a wild few weeks that saw the party switch out its nominee, upending what had already been an unprecedented campaign year. With the departure of President Joe Biden from the campaign, and Vice President Kamala Harris' swift ascension to the top of the ticket, Democrats have essentially rejiggered the general election fight against Republican nominee and former President Donald Tru

World News Aug. 18, 2024

Vietnam's new leader To Lam is making China the destination for his first overseas visit, signaling the continuing importance the Southeast Asian country places on its giant neighbor even as it strengthens ties with the United States and others. Lam stepped off a Vietnam Airlines plane on an overcast Sunday morning in Guangzhou, a major manufacturing and export hub near Hong Kong, China's state media reported. He will meet Chinese leader Xi Jinping on his three-day visit, which com

World News Aug. 18, 2024

KYIV -- Ukrainian forces pushed on with their major cross-border incursion into Russia's Kursk region for a second week Wednesday, claiming to have taken more ground, captured more Russian prisoners and destroyed a jet bomber while launching what officials said was a massive attack on Russian military airfields. Since the start of the day, assault troops had advanced one to two kilometers in some parts of Kursk, the commander of the Ukrainian military, Oleksandr Syrskyi, said in a video pos

World News Aug. 14, 2024

Gaza Strip (AP) -- The Israeli military ordered more evacuations in southern Gaza early Sunday after a deadly airstrike on a school-turned-shelter in the north killed at least 80 Palestinians, according to local health authorities. Israel said it targeted a militant command post, killing 19 fighters. Israel has repeatedly ordered mass evacuations as its troops have returned to heavily destroyed areas where they had previously battled Palestinian militants. The vast majority of Gaza's popula

World News Aug. 11, 2024

PHILADELPHIA (AP) -- Kamala Harris introduced Minnesota Gov. Tim Walz to the nation at a raucous rally Tuesday in battleground Pennsylvania that was aimed at building momentum for the newly minted Democratic presidential ticket in the sprint toward Election Day. “He’s the kind of person who makes people feel like they belong and then inspires them to dream big. ... That’s the kind of vice president America deserves,” Harris said while standing with Walz in Philadelphia. T

World News Aug. 7, 2024

Bangladesh’s Prime Minister Sheikh Hasina resigned on Monday, ending 15 years in power as thousands of protesters defied a military curfew and stormed her official residence. Shortly after local media showed the embattled leader boarding a military helicopter with her sister, Bangladesh’s military chief Gen. Waker-uz-Zaman announced plans to seek the president's guidance on forming interim government. He promised that the military would stand down, and to launch an investigation

World News Aug. 5, 2024

WAYANAD, India — Hopes of finding more than 180 missing people alive waned as rescue workers searched through mud and debris for a third day Thursday after landslides set off by torrential rains killed at least 194 people in southern India. The rescue work was challenging in a forested, hilly area while more rain fell, said PM Manoj, a spokesperson for Kerala state’s top elected official. Nearly 40 bodies were found some 30 kilometers from the area in Wayanad district where the mai

World News Aug. 1, 2024

Deadly landslides in the southern Indian state of Kerala killed at least 188 people, local government officials said on Wednesday, as rescuers resumed search operations for the 225 missing people feared trapped by mud and debris. The landslides in the hilly Wayanad region took place in the early hours of Tuesday, trapping people in their homes while they were asleep. The local government is compiling data on the number of people residing in the area, those found after the landslide and those sti

World News July 31, 2024

WASHINGTON (AP) — Shortly after President Joe Biden announced Sunday that he would drop his reelection campaign , Democratic National Committee Chair Jaime Harrison had a message: There would be no automatic coronation for his replacement. “In the coming days, the party will undertake a transparent and orderly process to move forward,” Harrison said in a statement. “This process will be governed by established rules and procedures of the party. Our delegates are prepare

Foreign Affairs July 22, 2024

WASHINGTON (AP) — President Joe Biden dropped out of the 2024 race for the White House on Sunday, ending his bid for reelection after a disastrous debate with Donald Trump that raised doubts about the incumbent's fitness for office. The unprecedented announcement, delivered less than four months before the election, immediately upended a campaign that both political parties view as the most consequential in generations. The president — intent on serving out the remainder of hi

Foreign Affairs July 22, 2024

WASHINGTON (AP) — President Joe Biden dropped out of the 2024 race for the White House on Sunday, ending his bid for reelection after a disastrous debate with Donald Trump that raised doubts about the incumbent's fitness for office. The unprecedented announcement, delivered less than four months before the election, immediately upended a campaign that both political parties view as the most consequential in generations. The president — intent on serving out the remainder of his term

World News July 22, 2024

A major internet outage affecting Microsoft is disrupting flights, banks, media outlets and companies across the world, with problems continuing hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services. Airlines and airports in the US, Europe, Australia, India and elsewhere were reporting problems, with some flights grounded. Retail outlets, banks, railway companies and hospitals in several parts of the world were also affecte

World News July 19, 2024

COLUMBUS, Ohio — Former President Donald Trump on Monday chose US Sen. JD Vance of Ohio to be his running mate as he looks to return to the White House. Here are some things to know about Vance, a 39-year-old Republican now in his first term in the Senate: Vance rose to prominence with the memoir 'Hillbilly Elegy' Vance was born and raised in Middletown, Ohio. He joined the Marines and served in Iraq, and later earned degrees from Ohio State University and Yale Law School.

World News July 16, 2024