WASHINGTON — Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high inflation and signs of price pressures spreading in the economy could raise doubts about the central bank's commitment to its 2% inflation target. To...
Houthis Say Detained UN Staff to Face Trial Over Israeli Attack
SANAA — Detained local United Nations staff will face trial on suspicion of links to an Israeli airstrike that assassinated top Houthi leaders in Yemen in August, the acting foreign minister of the Houthi government told Reuters. The prime minister of Yemen's Iran-backed Houthi-run government and several other ministers were...
Wall Street Set for Strong Open as Apple, Amazon Forecasts Lift Mood
The S&P 500 and the Nasdaq were poised for a strong start on Friday after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes suffered their sharpest drop in more than three weeks. Amazon's shares surged 12.9% in premarket trading, after the company forecast quarterly...
Jamaica Reports 19 Deaths From Hurricane Melissa, Total Death Toll Climbs to 44
At least 19 people died as a result from Hurricane Melissa in Jamaica, the country's information minister told Reuters, bringing the total confirmed death toll from the storm to at least 44. Haitian authorities had earlier reported 25 deaths, including many children, when a river near the town of Petit-Goave burst...
Appellate Court Tanks Injunction That Held Off State Intervention in Kings County Groundwater
Dual appellate court opinions issued Wednesday in a closely watched groundwater case out of Kings County will likely mean three things: Farmers there could have to start reporting extractions and paying fees; the state will reopen communications with local water managers; and the lawsuit will continue. The Kings County Farm...
Fresno City Clerk Stermer Leaving for Sacramento County Post
Fresno's city clerk for the past four years is leaving for a new job. Todd Stermer tells Politics 101 he is leaving to become the clerk of Sacramento County. His last day is Nov. 30. "Fresno's really all I've ever known, so I'm excited to experience something different. I can...
Fresno Police Arrest Man in UEI Student Shooting at Manchester Center
A man was arrested after police said he shot a student in a parking lot at Manchester Center, the Fresno Police Department said on Thursday. On Wednesday, Oct. 22, officers from the Central Policing District responded to a Shot Spotter alert of four rounds fired near Blackstone and Shields avenues....
US Treasury’s Bessent Says China Has Approved TikTok Transfer Deal
WASHINGTON — China has approved the transfer agreement for the short video app TikTok, U.S. Treasury Secretary Scott Bessent said on Thursday, adding that he expects it to move forward in coming weeks and months but giving no other details. "In Kuala Lumpur, we finalized the TikTok agreement in terms...
FBI Searched California Real Estate Firm Linked to Bad Bank Loans
The FBI last month searched the offices of a California real estate investment firm Continuum Analytics, which is linked to bad loans recently disclosed by Zions and Western Alliance, according to legal correspondence seen by Reuters. Continuum Analytics is an affiliate of the little-known Cantor Group funds which Zions and...
Trump Sets Refugee Ceiling at Record-Low 7,500 With Focus on White South Africans
WASHINGTON — President Donald Trump set the refugee admissions ceiling at 7,500 for fiscal year 2026, the lowest cap on record, a White House document published on Thursday said, part of a broader effort to reshape refugee policies in the U.S. and worldwide. Trump said in an annual refugee determination...