President Donald Trump said on Wednesday that his administration will be releasing as much information as possible on UFOs in the near future. (Reporting by Trevor Hunnicutt, Writing by Jasper Ward in Washington; Editing by Christian Martinez)
Fed Holds Rates Steady, Cites Elevated Inflation
The Federal Reserve held interest rates steady on Wednesday, but in its most divided decision since 1992 noted rising concerns about inflation in a policy statement that drew three dissents from officials who no longer feel the U.S. central bank should communicate a bias towards lowering borrowing costs. A fourth...
US Agents Raid 22 Minnesota Sites in Social-Welfare Fraud Probe
U.S. federal and state law enforcement agencies searched more than 20 locations in Minnesota on Tuesday as part of investigations into fraud in social-welfare programs, an area of intense focus by President Donald Trump's administration. The FBI and Homeland Security Investigations executed 22 search warrants, mostly at businesses, "as part of...
Fresno Police Identify Suspect in Hit-and-Run That Critically Injured 4-Year-Old
A suspect has been arrested after a hit-and-run crash that critically injured a 4-year-old child Tuesday night, Fresno police said. Officers responded shortly after 8 p.m. to the area of Peach and Nevada avenues, where they confirmed the child had been struck. The child was taken to Community Regional Medical...
Who’s Running for Fresno County Judge? Candidate Profiles and Fundraising
Who will preside on the bench at the Fresno County Superior Court? Judges are publicly elected, although opportunities for voters to decide are rare. Often, judges leave the bench midterm, allowing the governor to appoint a new jurist. For the June 2 election, Fresno County voters will see seven judicial...
US War in Iran Has Cost $25 Billion so Far, Says Pentagon Official
The United States' war in Iran has cost $25 billion so far, a senior Pentagon official said on Wednesday, providing the first official estimate of the military's price tag for the conflict. With just six months before mid-term elections in which Trump's Republicans may face an uphill battle to keep...
Universal Music to Sell Half Its Spotify Stake for Buybacks, First-Quarter Hit by Weak Dollar
Universal Music Group on Wednesday said it would sell half its equity stake in Spotify and double its share buyback program, as the world's largest music company reported first-quarter revenue held back by a weaker U.S. dollar. The world's largest music company said its board had authorized the monetization of...
Global Deforestation Slows, Analysis Finds. But Fires Remain a Major Threat.
Global tree loss fell 14% in 2025 from the year before, according to a report published Wednesday by World Resources Institute, with the decline largely driven by progress in protecting tropical forests. The total area destroyed worldwide was roughly 63 million acres, or 25.5 million hectares, the institute’s annual analysis...
US Oil Stocks Plummet, Country Becomes Net Crude Exporter on Weekly Basis for First Time, EIA Says
The United States became a net exporter of crude for the first time since World War Two as the country shipped a record volume of oil to refiners scrambling for supplies after the Iran war, leading to large drops in domestic inventories, the Energy Information Administration said on Wednesday. Europe...
Ex-FBI Chief Comey Expected to Surrender to US Authorities Following Indictment, Source Says
Former FBI Director James Comey was expected to surrender to U.S. authorities on Wednesday, according to a source familiar with the situation, a day after being indicted over a social media post that prosecutors allege threatened President Donald Trump. Comey was expected to arrive at the U.S. Attorney’s Office in...