Author: Editor-In-Chief

U.S. Federal Reserve Chairman Jerome Powell departs after his final press conference after the two-day Federal Open Market Committee (FOMC) meeting at the U.S. Federal Reserve Board in Washington, DC, on April 29, 2026. Kevin Lamarque | ReutersHow do you change the government if the head of the old government does not resign?This will be a question facing Fed Chairman nominee Kevin Warsh next month once he is confirmed by the Senate, although outgoing Chairman Jerome Powell has confirmed that he will remain as a voting member of the Fed’s Board of Governors indefinitely.Mr. Powell’s decision to stay on is…

President Donald Trump has said the United States will maintain a naval blockade against Iran until a nuclear deal is reached.The US president told Axios on Wednesday that he has no intention of lifting the Iranian port blockade, appearing to refuse to reopen the Strait of Hormuz to advance US-Iran negotiations.Recommended stories list of 3 itemsend of listPresident Trump said of Iran: “A blockade is somewhat more effective than bombing. They’re suffocating like a stuffed pig.” “And it’s going to get even worse for them. They can’t have nuclear weapons.”Iran has made lifting the siege a prerequisite for returning to…

Chelsea winger Mykhailo Mudryk is appealing to the Court of Arbitration for Sport after being handed a four-year ban by the Football Association for doping.CAS confirmed on February 25 that it had accepted his appeal to the FA. The FA, Chelsea and the player’s lawyer have not commented. Chelsea signed Mudryk from Shakhtar Donetsk in January 2023 for £88 million, but he still has five years left on his contract. The test came back positive for the banned substance meldonium, but Mudryk believes the sample was contaminated while he was on an international mission with Ukraine in October 2024.Mudryk was…

The Class of 2026 is entering a job market that is completely different than when they entered college, and AI is playing a role in that.As of March 2026, 10.3% of internships on early career employment platform Handshake mentioned AI keywords, such as the use of specific AI tools to enhance their work. Meanwhile, Handshake’s 2026 Graduation Report found that 4.2% of full-time early career jobs mention them, nearly double the percentage from a year ago.According to the report, roles that require AI skills range from engineering roles, where candidates are expected to have “exposure to (natural language processing), knowledge…

U.S. Federal Reserve Chairman candidate Kevin Warsh testifies during a Senate Banking Committee hearing on his nomination on April 21, 2026, at the U.S. Capitol in Washington, DC.Mandel Gunn | AFP | Getty ImagesFederal Reserve Chairman candidate Kevin Warsh said in a written response released Tuesday to a question from Senate Democrats about the Fed’s authority to set swap lines that he believes the Fed’s statutory independence does not fully extend to international policy matters.In those comments, Mr. Warsh also flatly denied any ties to the late sex offender Jeffrey Epstein and hinted that he would abide by a plan…

U.S. Secretary of Defense Pete Hegseth faced his first public questioning in Congress regarding the U.S.-Israel war with Iran.After several hours of tense testimony alongside Chairman of the Joint Chiefs of Staff Dan Cain, Mr. Hegseth ended questions about the long-term goals and timeline of the war, which began on February 28 when the United States and Israel launched attacks on Iran.Recommended stories list of 3 itemsend of listMr. Hegseth has defended President Donald Trump’s policies, sometimes harshly, and the Pentagon has for the first time publicly announced the cost of the war so far at $25 billion. Hegseth also…

Mohamed Salah has sustained a “minor” muscle injury but is expected to return to Liverpool before the end of the season, the club has announced. The 33-year-old collapsed holding his leg during Liverpool’s 3-1 win over Crystal Palace on Saturday and was substituted just before the hour mark. Salah appeared emotional as he took time to applaud the Anfield crowd as he left the field. The Egypt international announced last month that he had reached an agreement with Liverpool to end his nine-year stay on Merseyside, and the final day’s game against Brentford at Anfield looks to be the perfect…

Parallel Web Systems, an AI agent tools startup founded by former Twitter CEO Parag Agrawal, has raised $100 million in Series B led by Sequoia at a $2 billion valuation. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital and Terrain Capital also participated, the company said. The raise comes just five months after the startup announced a $100 million Series A led by Kleiner and Index at a valuation of $740 million, bringing its total funding to $230 million. Parallel offers a suite of web search and research APIs focused on AI agents, and counts…

Google CEO Sundar Pichai looks on at the AI ​​Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | AFP | Getty Imagesalphabet announced its first-quarter results after the bell on Wednesday, showing that revenue exceeded expectations due to rapid growth in its cloud business. The stock price rose in response to this news.Earnings per share: $5.11 Revenue: $109.9 billion compared to $107.2 billion expected by analysts surveyed by LSEGIt’s unclear whether EPS will match the $2.63 expected by analysts surveyed by LSEG.Wall Street also took note of several other numbers in the report.Google Cloud: $20.02 billion vs.…

Amazon CEO Andy Jassy speaks during the keynote at AWS re:Invent 2024, a conference hosted by Amazon Web Services, held at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.Noah Berger | Getty ImagesAmazon On Wednesday, the company reported better-than-expected first-quarter profits and revenue, with cloud revenue beating analysts’ expectations. Shares fell more than 1% in extended trading. Here’s how the company performed compared to the expectations of analysts surveyed by LSEG:Earnings per share: $2.78 vs. $1.64 Revenue: $181.52 vs. $177.3 billionWall Street was also focused on other important earnings numbers. Amazon Web Services: $37.59 billion vs.…