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US borrowing costs hit 19-year high as Fed holds interest rates

Bank’s chair pledges to keep up fight against inflation but decision brings fears the Fed is failing to keep pace US government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold its key interest rate steady, feeding fears that the central bank may not move fast enough to tame a rise in inflation. The yield – or interest rate – on the 30-year US Treasury bond rose 14 basis points to nearly 5.24%, a 19-year high, after the Fed announced its decision to

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Australia news live: Jillian Segal returns to antisemitism royal commission; three dead in Sydney house fire

Government’s special envoy returns to the witness box again today; three victims found in burned-out house in Wiley Park. Follow updates live Get our breaking news email , free app or daily news podcast One of the 19 Closing the Gap targets has officially been reached after early childhood education enrolment for First Nations children hit 95% across the country. Released by the Productivity Commission today, the annual data compilation report showed an increase from 61.3% enrolments in 2016 (th

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‘Grey lump with orange wings’: migrating moth descends on UK gardens

Boom in hummingbird hawk-moth sightings put down to hot weather, strong winds and food scarcity in Europe He had just sat down to dinner in the garden when a speedy visitor whizzed by – a “grey lump with orange wings”, recalled Luke Burstow, from Sussex. It was a hummingbird hawk-moth , a flying insect that migrates to the UK from continental Europe and north Africa. “I was like: ‘Wow!’,” said the software project manager. “I didn’t even know they existed.” Continue reading...

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‘Warring kingdoms’: cofounder of religious Reformers compares NSW Liberal party factionalism to Braveheart

A member of a group of young conservative Liberal power brokers being investigated for allegedly soliciting illegal donations has compared their factional work to Mel Gibson’s Braveheart – and said they “didn’t think the law applied to us” when it came to political funding. The Independent Commission Against Corruption (Icac) on Thursday heard from Robert Assaf, the first witness from the conservative right Liberal factional group the Reformers to give evidence. Icac is investigating whether Lib

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Trump considering AI controls after OpenAI hacking incidents

It marks a change of tone for his administration, which has taken a more hands-off approach to the technology.

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Man sentenced to 6 months in jail for ramming car into Jewish group's world headquarters in New York

A man was sentenced on Wednesday to six months and a week behind bars for ramming his car into the Chabad Lubavitch World Headquarters in January, damaging some of the a side-entrance door. Dan Sohail, 36, of New Jersey, was sentenced in Brooklyn federal court, where he was also ordered to pay $20,000 in restitution. The sentence will allow Sohail, who has already spent six months in custody, to be released in about a week. Sohail was charged with intentionally damaging religious property, and h

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Guardian - World · 5h ago

Shell’s profits more than double after jump in oil and gas prices

Shell more than doubled its profit in its second quarter of the year, as Europe’s biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East. The FTSE 100 company’s net profit hit $9.84bn (£7.4bn) in the three months ended in June, more than double compared with the same period last year. The surge in profit comes as wholesale energy prices have soared because of the conflict in the Middle East, boosting profit margins and activity on

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Guardian - World · 5h ago

Was Florentine friars’ fatigue-fighting elixir a precursor to Coca-Cola?

An Italian friar has unearthed a document from the pharmacy archives of an ancient convent in Florence describing a medicinal potion made from Bolivian coca leaves and kola nuts, prompting suggestions it could have been a precursor to the famous US soft drink, Coca-Cola. Father Manuel Russo, rector of the San Marco convent, said he stumbled across the yellowed document, a sort-of promotional flyer, while sorting out the archives. The flyer details the recipe for an elixir vinoso ricostituente, o

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ABC News · 5h ago

WATCH: 'The Brady Experience' offers tours of iconic TV home

A new fan experience opening soon in Los Angeles lets fans tour the original home from “The Brady Bunch,” replicated to include many details from the show.

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Guardian - World · 5h ago

Death toll in Japan earthquake rises to 17 as aftershock and heat complicate rescue efforts

The death toll from the major earthquake that hit Japan on Tuesday has risen to 17, as the search for trapped survivors inside a badly damaged shopping mall and collapsed houses in the country’s south-west continues. The magnitude 6.8 earthquake that struck the Kumamoto prefecture on the island of Kyushu has injured at least 62, the prefectural government said. That number has steadily grown, fanning fears it will rise. Almost 5,000 Self-Defence Forces personnel deployed to the region will be ch

Today's highlights

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Polls open in Greater Manchester mayoral byelection overshadowed by new PM and Farage’s antics

Labour’s Bev Craig expected to win contest that lost column inches to Andy Burnham’s ascent and Reform UK leader’s self-imposed Clacton vote Voting has begun in the biggest byelection in British political history, with more than 2 million people eligible to choose Andy Burnham’s successor as Greater Manchester mayor. In normal times, such a large and politically significant byelection would have dominated the headlines for weeks, particularly as senior Labour figures only weeks ago feared losing

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Senate panel delays vote on Blanche's nomination as key Republicans withhold support

The Senate Judiciary Committee had been expected to vote Thursday on whether to advance Todd Blanche's nomination. But resistance from two Republican senators threw his confirmation into doubt. (Image credit: Allison Robbert)

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Man convicted in terrorism trial over 2022 stabbing of author Salman Rushdie

A man has been convicted of federal terrorism charges in the 2022 stabbing of author Salman Rushdie

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Man convicted in terrorism trial over the 2022 stabbing of author Salman Rushdie

Man convicted in terrorism trial over the 2022 stabbing of author Salman Rushdie A man was convicted Wednesday of federal terrorism charges in the 2022 stabbing of Salman Rushdie, the author who has faced a decades-old death threat over his novel "The Satanic Verses." After just a couple of hours of deliberations, a jury found Hadi Matar guilty of all the charges against him, including engaging in an act of transnational terrorism. Rushdie, who was about to speak on writers' safety, was slashed

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Guardian - World · 5h ago

Archibald prize 2026: portrait of Jewish leader after Bondi terror attack wins people’s choice award

Artist Michael Zavros says he was inspired by a deep respect for Alex Ryvchin’s leadership, as well as an uncanny likeness between the two men An artist’s portrayal of a Jewish leader produced just weeks after the Bondi massacre has won the Archibald people’s choice category. Michael Zavros won the $5,000 prize for his portrait of Alex Ryvchin, the co-head of the Executive Council of Australian Jewry, who Zavros called an “unmistakably and unashamedly Jewish” leader. Sign up for a weekly email f

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Fox News · 5h ago

George and Amal Clooney evacuate France home as wildfires spread across Europe

A representative for George Clooney confirmed the evacuation to People and shared a letter the couple sent to Brignoles Mayor Didier Brémond The couple and their 9-year-old twins left their home in Brignoles, in France's Provence-Alpes-Côte d'Azur region, as fires threatened large swaths of the Mediterranean, the outlet reported. A representative for George Clooney confirmed to People that the couple sent a letter to Brignoles Mayor Didier Brémond before leaving. "Dear Didier, At this point we h

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Guardian - World · 5h ago

Campaigners rail against ‘plundering’ of ancient Kent woodland to make way for quarry expansion

Forty hectares of Oaken Wood could be razed after it was identified as potential site of expansion by Reform-run council It was at the confluence of seven forest paths that Allison Sweetman came to a stop. Trees rose on all sides, save for a recently coppiced section to the north-east. The noon heat had silenced most birds, but the quiet was peaceful. “This is what they call Seven Wents,” she said. For centuries, the people of Kent had travelled this way, from East Malling to Barming, from Ditto

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Hope dwindles for rescue in southwestern Japan quake as death toll climbs to 23

Hope dwindles for rescue in southwestern Japan quake as death toll climbs to 23 KUMAMOTO, Japan — Rural communities in southwestern Japan were struggling to get their lives back to normal Thursday, two days after a powerful earthquake set off an explosion at a mall, toppled a factory chimney and flattened homes, killing at least 23 people. Time was running out to find survivors, as rescuers continued to work in the Kumamoto area on Japan 's southern main island of Kyushu, where the magnitude 7.1

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Judge orders Amy Winehouse’s father to pay nearly £1m to her friends

The father of British music sensation Amy Winehouse has been ordered to pay £950,000 (US$1.26m, A$1.82m) to his late daughter’s friends, who he unsuccessfully sued for auctioning the singer’s clothes and other items. Mitch Winehouse earlier this year lost a case in the high court in London against two of Winehouse’s friends who auctioned dozens of her clothes and other possessions years after her death. The late singer-songwriter, who was famed for her distinctive husky voice and enjoyed global

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Storm co-owner suspended after incident with Sophie Cunningham fans as star breaks silence on controversy

Seattle Storm co-owner Celeste Keaton has been fined and suspended from attending the team's next five home games, the WNBA confirmed to Fox News Digital. The suspension and fine come after Keaton allegedly called a pair of teenage Sophie Cunningham fans "f—ing insane" during a game on Tuesday, independent Seattle-based journalist Brandi Kruse told Fox News Digital. Kruse was in the arena and accompanied the girls, who were there to watch Cunningham and the Indiana a Fever take on the Storm. Cun