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Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7 Business live – latest updates A further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund has warned. Against an increasingly volatile backdrop, the Washington-based fund … Read more
Kevin Warsh, seeking to replace Fed chair Jerome Powell, had to file financial disclosures for Senate approval Kevin Warsh, the former Federal Reserve governor chosen by Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100m. The document is required for his nomination to advance … Read more
Regan Prater admits to setting blaze at Highlander center and bid to aid Hezbollah. His sentencing is set for September Sign up for the Breaking News US email to get newsletter alerts in your inbox A man linked to white supremacist movements pleaded guilty on Monday to setting a fire that destroyed an office at … Read more
Catholic vice-president effectively tells Leo to stay in his lane after pope criticized the White House over the Iran war JD Vance has weighed in on Donald Trump’s feud with Pope Leo, effectively telling the pontiff to stay in his lane after the head of the Catholic church criticized the White House over the Iran … Read more
New York City Mayor Zohran Mamdani announced plans to open the city’s first government-run supermarket in East Harlem next year, a move critics warn could cost taxpayers millions and undercut nearby private grocers. Mamdani vowed during an address celebrating his first 100 days in office Sunday that the city will have five government-run grocery stores … Read more
Crocker hired Emma Hayes and Mauricio Pochettino Sporting director duties to be split in the meantime US Soccer sporting director Matt Crocker is leaving his post with less than two months to go until the 2026 World Cup, US Soccer announced on Tuesday. The Guardian can also confirm Fox Sports’ earlier reporting that Crocker is … Read more
Video shot in the town of Fallon showed shattered glass and food scattered on the floor in the aisles of a grocery store Sign up for the Breaking News US email to get newsletter alerts in your inbox A magnitude 5.7 earthquake struck a rural part of Nevada east of the state’s capital of Carson … Read more
Democratic incumbents and candidates in the House and Senate are facing calls from Republicans to return money they received from disgraced Democratic Rep. Eric Swalwell, and many of them have rushed to do so in light of the allegations of sexual assault that caused him to drop out of the California governor race and resign … Read more
FBI Director Kash Patel on Monday invited Rep. Eric Swalwell to sit down with the bureau for an interview after the California Democrat resigned amid sexual misconduct allegations, escalating the pair’s long-running feud. Patel’s offer came as Swalwell said he planned to resign from Congress while facing mounting scrutiny following multiple allegations of sexual misconduct, … Read more
The contest to replace Gavin Newsom was already bizarre – now after the downfall of its apparent frontrunner, the state’s Democrats are scrambling Democrats were already fretting about the California governor’s race – a tangle of candidates with strong resumes but little star power all vying to lead the country’s most populous state – and … Read more
