WASHINGTON — A researcher at Nasa has found a massive, recently-formed crater on the Moon, a rare occurrence that only happens “once in a century or even longer,” according to scientists. The crater, dubbed “McGetchin,” measures 730 feet (222 meters) wide, Nasa said in a blog post. It is believed to have been created in
WASHINGTON — The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White House. The quarter-point increase lifts the Fed’s key rate to about 3.9 percent and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards. In a set of quarterly projections, the Fed also signaled that its rate-setting committee expects to hike rates a second time later this year to 4.1 percent. “Today’s policy action will support a timelier return” to the central bank’s 2 percent inflation goal, the Fed said in a statement. The move comes as Americans are already struggling with high costs for groceries, gas, and housing. Affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away. In a press conference following the Fed's announcement, Fed Chair Kevin Warsh said that while the job market remains resilient, inflation has stubbornly remained above the Fed 2 percent target for years. "The pl
U.S. Treasury Secretary Scott Bessent said the United States is open to discussing shared risks with China in upcoming AI talks this weekend, Axios reported Wednesday, citing a statement from Bessent. "The United States remains the leader in AI, and we are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems. We expect our discussions to cover both open and closed weight models," Axios quoted the statement saying. Bessent on Tuesday said he would meet with Chinese Vice Premier He Lifeng this weekend ahead of a meeting between President Donald Trump and Chinese President Xi Jinping next week.
MONTREAL — The Canadian computer scientist considered one of the founders of AI, Yoshua Bengio, told AFP that humanity is "losing control" of the technology and that the world needs guardrails similar to nuclear arms controls. Fears about the dangers of AI have intensified in recent weeks, as workers from major companies have resigned with warnings about potentially existential threats to human life if the pace of technological advancement is not checked. Bengio is a University of Montreal professor who won the 2018 Turing Award, computing's Nobel, alongside Geoffrey Hinton, widely known as the "godfather of AI." For Bengio, "there's a reason that companies are saying this is going too fast, that we're losing control." "People like me have been expecting this for a long time," the 62-year-old told AFP on Tuesday, saying security discussions surrounding AI have not been adequately robust. There was broad-based alarm after OpenAI disclosed that a swarm of AI agents — programs that can take actions on their own — had carried out an unauthorized breach of the open-source platform Huggin
WASHINGTON — A destroyed aircraft, shredded tents, trailers that have been ripped apart: images taken by U.S. troops show significant damage from Iranian strikes targeting American military assets in the Middle East, CBS News reported. The undated images — taken at a base in Saudi Arabia and two facilities in Kuwait — were provided to CBS by American personnel on condition of anonymity due to U.S. military restrictions, the outlet said late Tuesday. "This is major damage to our bases that hasn't been communicated to the American public," CBS quoted one U.S. service member as saying. "We're standing there with our eyes closed getting punched in the face," the service member added. The Pentagon's inspector general released a report earlier this week that said the military's Central Command (CENTCOM) — which is responsible for U.S. forces in the Middle East — had reported widespread damage to American facilities and equipment. CENTCOM said Iranian strikes "damaged and destroyed hundreds of buildings and structures at U.S. bases in Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Om
NEW YORK — Wall Street is holding steady Wednesday as it waits to hear from the Federal Reserve , which traders expect will announce a hike to interest rates later in the day to help get the nation’s high inflation under control. The S&P 500 rose 0.4 percent was on track for just its second gain in the last eight days. The Dow Jones Industrial Average was down 26 points, or 0.1 percent, as of 12:31 p.m. Eastern time, and the Nasdaq composite was 0.7 percent higher. Stocks got help from some easing for oil prices and pressure from the bond market. The price for a barrel of Brent crude, the international standard, fell 3.1 percent to $105.39. Oil had gotten to nearly $110 early this week on worries that the war with Iran will continue to clog the global flow of oil. That helped send the yield on the 10-year Treasury, which is the centerpiece of the bond market and dictates where rates for mortgages and other loans go, down to 4.96 percent from 5.00 percent late Tuesday. Earlier this week was the first time since 2023 that the 10-year yield topped 5 percent. Even with Wednesday’s easi
Women sit at outdoor cafes without headscarves and wearing crop tops. Men in shorts and women in leggings exercise together in parks. At sidewalk concerts, women stop to dance and literally let their hair down. The scenes from the Iranian capital of Tehran, shared in social media videos, point to how dramatically enforcement of social restrictions has eased in the Islamic Republic in recent years. That's in part because of the mass protests that erupted after the Sept. 16, 2022, death of Mahsa Amini, a 22-year-old woman who was detained by morality police for allegedly not wearing her headscarf properly. Security forces crushed the protests with a crackdown that killed more than 500 people, and thousands were arrested. But to keep the peace, authorities backed off on enforcement of the rules mandating the hijab, or headscarf, and modest dress for women. The question now is whether that can be reversed. Hard-liners in Iran’s ruling establishment increasingly demand a clampdown on women’s dressing habits. But top leaders caution against triggering a public backlash at a time of war, wh
NEW YORK — Wall Street whipsawed on Wednesday after the U.S. Federal Reserve raised its key interest rate for the first time in over three years to fight stubbornly high inflation stemming from soaring crude oil prices during the U.S.-Israeli war on Iran. In its accompanying statement, the Fed said its decision was unanimous and more tightening is likely in the near future to effect a timelier drop in inflation. "As widely expected, the Fed hiked interest rates for the first time in more than three years," said Ryan Detrick, chief market strategist at Carson Group in Omaha. "After the hawkish comments from (Fed Chair Kevin) Warsh a couple of weeks ago in Jackson Hole, he kind of backed himself into the corner a little bit." "The fact that it was unanimous is a tad surprising," Detrick added. "At the same time, it really shows that the Fed is serious about combating the broadening inflation backdrop that we're seeing." Investors will parse Warsh's comments at the press conference which is currently underway, for detail regarding the central bank's rationale behind today's decision and c
WASHINGTON — Federal Reserve Chair Kevin Warsh said Wednesday that the U.S. central bank's main focus now is on inflation, in remarks shortly after its first rate hike since 2023. "Our predominant focus is on the price stability side of our mandate. The plain fact is that inflation is too high, and has been for too long," he told a press conference.
WASHINGTON — The Federal Reserve just raised the cost of money — bad news for borrowers, good news for savers. The Fed increased its benchmark interest rate Wednesday by a quarter-point, the first rate hike since the summer of 2023. The hike will likely make it even costlier to borrow for homes, autos and other purchases. But if you've been socking money away, you’ll probably earn a bit more interest on your savings. The increase boosts the Fed's target rate to a range of 3.75 percent to 4.00 percent. Here’s what to know: Why is the Fed raising rates? The short answer: inflation. Inflation has remained above the Fed's 2 percent target for more than five years. The Labor Department reported Friday that consumer prices rose 3.4 percent in August compared to a year earlier, while the monthly increase quadrupled from July to hit 0.4 percent. The Fed’s goal is to slow consumer and business spending by raising the cost of borrowing, thereby reducing demand for homes, cars and other goods and services, eventually cooling the economy and reducing upward pressure on prices. Kevin Warsh, Fed
WASHINGTON — U.S. President Donald Trump threatened on Wednesday to cut trade with the European Union after the bloc proposed to make Canada its first ever associate member. EU chief Ursula von der Leyen raised the prospect a day before Canadian leader Mark Carney was due to address the European Parliament. Her pitch comes as both Canada and the European Union seek to pivot away from an aggressive United States under Trump's leadership. "I think it's laughable," Trump told reporters when asked about the plan. "If they do that, if I think it's at all a hostile act, I will put very serious tariffs or stop trading with Europe, on many things." He added: "If it's a good intention, that's fine. If it's a bad intention, we'll put very heavy tariffs on Europe, which is a possibility." Von der Leyen pitched closer cooperation on tech, defense and energy to Carney, who became the first non-European head of government to attend the annual "State of the European Union" speech. The German told the European Parliament in Strasbourg that, as democracies face a "fracture in the international rules-base
OpenAI said on Wednesday it would begin regularly publishing reports on unexpected or unauthorized AI behavior, while warning that the industry has yet to solve key alignment challenges as systems grow more powerful. The company released a new framework for tracking, investigating and disclosing cases of AI model misalignment, along with six reports on unexpected or concerning model behavior observed over the past six months. The announcement comes as concern grows that AI safety efforts are lagging behind the breakneck development of increasingly powerful systems. Researchers have warned that as AI agents become more autonomous, they may develop behaviors that diverge from their creators' intentions and become harder to monitor or control. OpenAI has faced increased scrutiny since its own AI agent breached systems at open-source platform Hugging Face during a test and attempted to hide its actions. Over the weekend, Anthropic CEO Dario Amodei proposed a three-step framework aimed at slowing the pace of AI development and allowing more time to manage its risks. The proposal was backed by s
WASHINGTON — U.S. President Donald Trump said he hoped an end to the war against Iran was near, as the conflict, in its seventh month, escalated with Saudi aircraft pounding Yemen and Houthi fighters launching drones and missiles at Saudi cities. The Iran-backed Houthis' lightning advance in Yemen along the Red Sea and their attacks on Saudi Arabia, along with attacks that damaged Saudi Arabia's East-West oil pipeline, have extended Tehran's reach in the war and heightened global oil-supply risks. As the war expands into a new theatre, the United States tightened its travel warning for Saudi Arabia, banning government employees from travelling within 20 miles (30 km) of the Yemen border. Still, just hours after reports of the Houthis and Saudi Arabia fighting, Trump told reporters on Wednesday evening: "Well, hopefully we are towards the end of the war." Trump says Iran wants a deal, oil price still elevated "They want to make a deal. We'll see how that works out," he said, referring to Iran, reiterating past comments. Trump also said he had heard from Iran "directly," without elaborati
HANOI — “Chinese is definitely the trend now.” At a Chinese Proficiency Test (HSK) testing center at Hanoi University in Vietnam on Sunday, 23-year-old Vu Thi Thao had just completed the Level 6 exam, the highest level of the test. “I quit my job at a Chinese railway company and am now preparing to become a Chinese-language instructor,” she said. “As Chinese companies expand into Vietnam at a rapid pace, the market for Chinese speakers has opened up significantly.” A Chinese language boom is sweeping Vietnam and other Southeast Asian countries. Unlike the Korean language learning boom that accompanied the Korean wave in the past, Chinese is increasingly becoming a key foreign language for employment. The trend has been driven by Chinese companies hiring large numbers of Chinese speakers as they move production bases to Southeast Asia to avoid U.S. trade restrictions. The growing popularity of Chinese in Southeast Asia is reflected in the numbers. According to data from the Chinese Testing International, Vietnam recorded 146,000 HSK test takers last year, the highest in the
SEOUL — The powerful sister of North Korean leader Kim Jong Un said Thursday that the country’s nuclear-armed status was “absolute”, calling those hoping for its denuclearization “idiots”. North Korea has legally enshrined its status as a nuclear weapons state, with its leadership declaring the country’s nuclear arsenal permanent and irreversible. US President Donald Trump
PM Modi marked his 76th birthday on Thursday, September 17, with several world leaders, including Russian President Vladimir Putin, extending congratulatory messages to the leader
Mohamed Bakkali, convicted for coordinating logistics for the 2015 Paris attacks, could be granted parole in Belgium despite receiving a 30-year sentence in France with a 20-year minimum term. Belgian authorities will decide on September 29 whether to release him under electronic monitoring, a prospect that has sparked anger among victims and families, while prosecutors oppose his release.
Asif said the agreement lays down a “very clear-cut position” that an attack on the territorial integrity or borders of one member would trigger obligations for the other two.
Jefferson White played Jimmy Hurdstrom on the hit neo-western series
OpenAI revealed an unreleased AI model inserted unauthorised instructions into its own work, telling itself it doesn't answer to corporations or governments.
Pierre Damas Bel fled Haiti and came to the U.S. with a dream of becoming a neurosurgeon. But after U.S. immigration authorities fitted the 20-year-old university student with an ankle monitor, he felt he was "treated like an animal" — and died weeks later when he walked into highway traffic.
Emmanuel Macron is hosting Lebanese President Joseph Aoun and Jordan's King Abdullah II in Paris for talks on Lebanon's security and international support for the Lebanese army. The meeting comes as concerns grow over Israel's continued strikes in southern Lebanon and the possible end of the UNIFIL peacekeeping mission, with France seeking a "clear, credible and realistic" plan to back Lebanon through funding, equipment and military training.
The US Labour Department’s H-1B fraud investigation is expanding beyond the technology sector, with whistleblower tips and field inspections helping investigators identify suspected abuses involving employers, recruiters and labour brokers.
A new study found that women who had a higher BMI at 20 appeared to have a reduced risk of post-menopausal breast cancer
The Houthis said their forces brought down the Saudi aircraft using a locally manufactured air-to-air missile while it was conducting what they described as “hostile operations”.
The spectacular no-show by Saudi Arabia's two defence allies - Pakistan, a nuclear power, and Turkey, which has NATO's second-largest army - is astounding
The Trump administration is reportedly preparing a $2.8 billion arms package for Israel, including 40,000 bombs, as Israel continues strikes in Gaza despite last October's ceasefire. The proposed deal would further strengthen Israel's military capabilities and revive deliveries of 2,000-pound bombs that had previously been paused over concerns about civilian casualties.
Almost three quarters of England remains in drought after record-breaking dry weather this spring and summer
The King is to appear in public today after the bombshell claims emerged
India, meanwhile, said that it remained firmly committed to ensuring energy security for its people and will continue to source supplies from diverse sellers based on market dynamics after the US made a new move to punish such buyers.
Canadian Prime Minister Mark Carney will address the European Parliament on Thursday, a day after US President Donald Trump called Canada's bid to become an associate EU member a "hostile act." Trump threatened to "stop trading" with Europe and impose "very serious tariffs" if the bid succeeds. Follow our liveblog for the latest updates.
The National Institute for Health and Care Excellence (Nice) announced that it has reversed an initial decision to reject the drug for widespread use for the NHS in England
Japan PM Sanae Takaichi reshuffles Cabinet but keeps key US-facing ministers
At SEMICON India 2026, PM Modi emphasized India's advancements in semiconductor manufacturing, launching 12 projects and increasing funding to USD 13.5 billion. He noted India's strategic position in global supply chain and importance of innovation as the country strengthens its ecosystem.
OpenAI has disclosed six reports on unexpected or concerning behavior in artificial-intelligence models
US forces intercepted a floating refuelling station in the Eastern Pacific on September 16. This vessel allegedly supported illicit drug trafficking operations for Ecuador's Los Choneros organization. US forces removed the crew and transferred them to Ecuadorian authorities after clearing the vessel. The refuelling station was then sunk by US forces following the operation. This action aimed to disrupt logistical networks supporting drug trafficking in the Western Hemisphere.
Calling for a major rebranding of the effort to tackle climate change, the cross-party committee said the term had become a ‘lightning rod for opposition to climate action’
Editorial: Japan's tax reform outline fails to address concerns over consumption tax cut
Vietnam’s FTSE upgrade looms, but foreign investors need more convincing
Indonesia steps up E20 bioethanol push in bid to cut oil imports
Trump says U.S. ‘hopefully’ nearing end of Iran war as Saudi Arabia-Houthis trade strikes
Map: 5.0-Magnitude Earthquake Shakes Colombia
Asian Games return to Japan after 32 years amid soaring costs, struggle for relevance
Russia's allies face sanctions as US House passes bill
India warns new US tariffs over Russian oil could impact ties
BOJ set to raise policy rate at 2-day meeting to counter inflation risks
Mickey, villains and costumed guests celebrate Halloween at Tokyo Disney Resort
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'
Japan household assets hit record 2,519 tril. yen on rising stocks
Tokyo Game Show opens with more exhibitors from overseas, new entrants
China's Xi calls for 'bigger, stronger' advanced manufacturing sector
