World

Fed's Powell faces a puzzling crisis with no simple solution

WASHINGTON - Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even mo...

Mar 05, 2020

Asian stocks mixed after Wall Street sinks despite rate cut

BEIJING - Asian stock markets were mixed Wednesday after Wall Street sank despite an emergency U.S. interest cut aimed at defusing fears a virus outbreak might depress global economic activity. Benchm...

Mar 05, 2020

A record low on average 30-year fixed mortgage: 3.29%

WASHINGTON - The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the viral outbreak deepens. Mortga...

Mar 05, 2020

Former UAW President Gary Jones charged with corruption

DETROIT - Federal prosecutors on Thursday charged the former president of the United Auto Workers with corruption, alleging he conspired with others at the union to embezzle more than $1 million. Gary...

Mar 05, 2020

Global markets slide again on enduring concern over virus

NEW YORK - And back down goes the U.S. stock market. The S&P 500 sank more than 2% in early trading Thursday as the market swung back to fear about the effects of a fast-spreading virus in its lat...

Mar 05, 2020

Airstrike in northwest Syria kills 15 ahead of Moscow summit

BEIRUT - An airstrike on a rebel-held village in northwestern Syria hit a poultry farm where several displaced families were taking shelter early Thursday, killing at least 15 people including childre...

Mar 05, 2020

Virus outbreak delays Xi's state visit to neighbouring Japan

TOKYO - Chinese President Xi Jinping's state visit to Japan has been postponed so both countries can fight the coronavirus outbreak, Japan's chief government spokesman said Thursday. The visit had bee...

Mar 05, 2020

Pérez de Cuéllar, Peruvian two-term UN chief, dies at 100

LIMA, Peru - Javier Prez de Cullar, the two-term United Nations secretary-general who brokered a historic cease-fire between Iran and Iraq in 1988 and who in later life came out of retirement to help ...

Mar 04, 2020

Kim Kardashian West, former prisoners visit White House

WASHINGTON - Kim Kardashian West visited the White House on Wednesday along with three women who had their sentences commuted by President Donald Trump last month, allowing them early release from fed...

Mar 04, 2020

Brian Urlacher's brother pleads not guilty in gambling case

CHICAGO - Casey Urlacher, the brother of Chicago Bears Hall of Fame linebacker Brian Urlacher, pleaded not guilty Wednesday to federal charges alleging he was part of an offshore sports gambling busin...

Mar 04, 2020