Federal Reserve Chair Jerome Powell said it was time to slow the pace of coming interest rate hikes while also signaling a protracted economic adjustment to a world where borrowing costs will remain high, inflation comes down slowly and the U.S. remains chronically short of workers.
- WorldHeaviest Ukraine fighting rages in east, NATO seeks to sustain support against Russia
Russian forces tried to advance in eastern Ukraine and trained tank, mortar and artillery fire on Kherson in the south, the Ukrainian military said, as Western allies sought to buttress Ukraine and its neighbours against Moscow.
- TechnologySam Bankman-Fried says he 'didn't ever try to commit fraud'
Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.
- Argentina outclass Poland despite Messi penalty miss to advanceSoccer ·
December 1, 2022 · 12:10 AM UTC
Lionel Messi missed a first-half penalty but Argentina's Alexis Mac Allister and Julian Alvarez scored in a 2-0 victory over Poland at Stadium 974 on Wednesday as both teams booked their places in the knockout stages of the World Cup.
- MarketsOil edges higher on tight supply, China demand recovery optimism
Oil prices nosed ahead in early Asian trade on Thursday, lifted by signs of tighter supply and by optimism over a Chinese demand recovery.