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Fed Chair: may make sense to raise rates but at 'more moderate pace'

Fed Chair: may make sense to raise rates but at 'more moderate pace'

The US Federal Reserve expects to continue raising interest rates but to slow down the pace of hikes, Fed chair Jerome Powell told a Congressional hearing Wednesday.

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Rescuers 'target' underwater noises in hunt for lost Titanic sub

Rescuers 'target' underwater noises in hunt for lost Titanic sub

Rescue workers raced to beat a rapidly closing oxygen window Wednesday as they hunt for a missing submersible near the wreck of the Titanic, after noises detected by sonar raised hopes the five people onboard are still alive.

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US school test scores haven't recovered since pandemic

US school test scores haven't recovered since pandemic

American 13-year-olds continue to struggle academically in the wake of the pandemic, especially in mathematics, according to official data out Wednesday.

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England to stick with 'Bazball' despite agonising Australia loss

England to stick with 'Bazball' despite agonising Australia loss

Is it possible to play reduced-risk 'Bazball', or is that missing the point of England's pioneering, aggressive approach to Test cricket?

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Sudan no closer to peace as another breached truce ends

Sudan no closer to peace as another breached truce ends

The Sudanese capital was again under fire Wednesday, after the latest breached ceasefire between warring generals ended without any sign of an end to more than two months of war.

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Medvedev through to last eight at Halle Open

Medvedev through to last eight at Halle Open

Russian top seed Daniil Medvedev is through to the quarter-finals of the Halle Open after defeating Serbian Laslo Djere on Wednesday.

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Stocks dip as Powell warns of more rate hikes

Stocks dip as Powell warns of more rate hikes

Stock markets fell Wednesday as investors fretted about stubbornly high inflation in Britain and warnings from US Federal Reserve chief Jerome Powell that further interest rate hikes were likely.

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Top French court drops rape case  
against filmmaker Luc Besson

Top French court drops rape case against filmmaker Luc Besson

France's top appeals court on Wednesday rejected a request to reopen a rape claim against film director Luc Besson, ending one of the most high-profile cases to emerge in the country's MeToo movement against sexual assault.

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Influencer Andrew Tate fights Romania house arrest

Influencer Andrew Tate fights Romania house arrest

Influencer Andrew Tate and his brother appeared in court in Romania Wednesday, their lawyers arguing that the pair, indicted on human trafficking charges, should no longer be under house arrest.

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Stock markets dip as UK inflation stays high

Stock markets dip as UK inflation stays high

Stock markets fell Wednesday as investors fretted about stubbornly high inflation in Britain and braced for fresh interest-rate signals from US Federal Reserve chief Jerome Powell.

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