Something that hasn’t been done since March 2020 will likely occur next week. The Federal Reserve will issue a cut to its benchmark interest rate, which has been stuck at a range between 5.25% and 5.50% for more than a year. That’s the highest rates have been in more than two decades and borrowers who have applied for mortgages, personal …

Credit card interest rates have been on a steady climb over the past few years, with the average credit card rate now sitting at 22.76%, marking a record high. This upward trend can be attributed to various factors, including the Federal Reserve’s aggressive interest rate hikes aimed at combating inflation, as well as credit card companies’ efforts to offset potential …

Gold has proven to be a smart investment overall this year, with the price of the precious metal rising steadily since the start of 2024. Not only has gold’s price hit several price milestones so far this year, but it has also demonstrated significant growth in value. For example, on January 1, gold was priced at $2,063.73 per ounce. Today, …

As Election Day 2024 approaches, neither former President Donald Trump nor Vice President Kamala Harris have released their plans to address climate change or energy policy. Their campaign speeches, party platforms and track records in office provide some guidance for voters on what they might expect from a Harris or Trump administration. The public record shows the two hold widely …

Washington — Vice President Kamala Harris is heading into the presidential debate with former President Donald Trump on Tuesday locked in a tight race with her GOP opponent, but is continuing to see a growing number of Republicans endorse her ahead of the 2024 election. Harris and Trump are poised to go head-to-head in Philadelphia in their first and maybe …

The U.S. Coast Guard said Tuesday that it had offloaded more than $54 million worth of cocaine that was intercepted in the Caribbean Sea in a “complex counter-drug mission” — including over 1,200 pounds of cocaine that was seized from a semisubmersible vessel, or so-called “narco sub.” The crew of Coast Guard Cutter Diligence offloaded more than 4,125 pounds of …

Former Tottenham and Chelsea manager Mauricio Pochettino was hired Tuesday to succeed Gregg Berhalter as the U.S. men’s national team coach, 21 months before the Americans host the 2026 World Cup. A 52-year-old Argentine, Pochettino became the 10th U.S. coach in 14 years and its first foreign-born leader since Jurgen Klinsmann from 2011-16. Pochettino has coached Espanyol in Spain (2009-12), …

DETROIT —A Michigan judge has ordered beleaguered hip-hop mogul Sean “P. Diddy” Combs to pay out a $100 million judgment to a man currently in prison who claimed Combs drugged and sexually assaulted him back in 1997. Derrick Lee Cardello-Smith, 51, was awarded the amount by a Lenawee County Circuit Court Judge in a default judgment Monday after Combs failed …

A new trove of sunken Nazi ships has emerged in the River Danube, following a blistering summer drought that caused water levels to drop, according to new reporting by Reuters. The German vessels, still decked out with explosives, were discovered by the Serbian town of Prahovo. Hundreds of miles up the river, receding water revealed four other ships by Hungary’s …

Apple’s AirPods Pro 2 will soon come with a novel feature aimed at a generally more mature population: Americans who suffer from hearing loss. The wireless earbuds, designed for listening to music on the go, now double as a medical device that doctors and hearing experts say could be a game changer. The devices address a number of problems that …

The head of all U.S. forces in the Indo-Pacific spoke to a Chinese counterpart for the first time in years, according to a statement from the U.S. Indo-Pacific Command. The video call between the head of U.S. Indo-Pacific command Admiral Samuel Paparo and Gen. Wu Yanan, the commander of the People’s Liberation Army’s Southern Theater Command, on Monday was the …

As efforts got underway Tuesday to retrieve a first sample of the highly radioactive debris festering in the depths of Japan’scrippled Fukushima Daiichi Nuclear Power Plant, shoppers with deep pockets almost 6,000 miles away were being offered another, less threatening product from the earthquake- and tsunami-battered region. Harrods, arguably the world’s poshest department store, has lured luxury shoppers and tourists …

Foo Fighters frontman Dave Grohl said on Tuesday that he fathered a new baby outside of his 21-year marriage. In an Instagram post, Grohl announced, “I’ve recently become the father of a new baby daughter, born outside my marriage.” Grohl added that he plans to be a loving and supportive father to his new daughter. Grohl married his wife, Jordyn …

The man suspected of opening fire on a highway in Kentucky sent a text message vowing to “kill a lot of people” less than 30 minutes before he shot and wounded five people on Interstate 75, authorities said in an arrest warrant. “I’m going to kill a lot of people. Well try at least,” Joseph Couch, 32, wrote in the …

Newly-released bodycam video from 2023 shows the teenager accused of killing four people at Apalachee High School in Georgiabeing interviewed along with his father by police. The May 2023 interview, conducted by a deputy from the Jackson County Sheriff’s Office more than a year before last week’s deadly shooting, came after Colt Gray allegedly made online threats to “shoot up” …