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The U.S. dollar is expected to stay range-bound in the near term before weakening later this year, FX strategists said in a Reuters survey, on optimism the Middle East war will end soon and its impact on inflation will be temporary.Since the conflict began three months ago, the dollar has tracked risk sentiment - rising on escalation and slipping as tensions eased. An initial short-covering rally has left traders net long, with the dollar up about 2%.But Brent crude remains more than 35% higher, a surge set to feed through to global inflation. Early signs are visible in the U.S. and euro zone

Dollar bears cling to optimism as war-led inflation tests Fed path: Reuters poll

Macy's raises annual forecasts as luxury focus draws affluent shoppers

Market research firm AlphaSense nearly doubles valuation to $7.5 billion in new funding round

Election|Political|US|World

Trump says Vance and Rubio teaming up for 2028 run would be unbeatable

U.S. President Donald Trump said in a podcast interview aired on Wednesday that Vice President JD Vance and U.S. Secretary of State Rubio, teaming up for a 2028 presidential run, would be unbeatable.Both men are seen as contenders for the 2028 Republican nomination, and Rubio's recent turn at the White House podium drew praise from Republicans and even some Democrats who noted his smooth performance, which included quips and a 1990s hip-hop reference to describe Iran's negotiating position."I would think that JD and Marco as a team would be very hard to beat," Trump told Miranda Devine in

Indonesia arrests officials over alleged corruption in free meals programme

EU targets Big Tech dependence with 'made-in-Europe' drive

Business|Economy|Europe|World

Switzerland rejects findings of U.S. forced labour investigation

The Swiss government on Wednesday rejected U.S. findings on how dozens of economies, including Switzerland, deal with goods produced by forced labour, a probe that prompted Washington to threaten trading partners with fresh tariffs.The Trump administration has proposed imposing additional duties of 10% or 12.5% on imports from 60 economies after concluding that their failures to curb trade in goods made with forced labour are unreasonable and hamper U.S. commerce. The proposal is designed to help rebuild U.S. President Donald Trump's emergency tariffs, which were struck down by a U.S. Supre

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says

A Hong Kong artist tries to mark the Tiananmen crackdown. He was quickly stopped by police

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Election|US|World

Former US Army doctor Adam Hamawy will win Democratic House primary in New Jersey, CNN projects

Adam Hamawy, a retired US Army combat surgeon and sharp Israel critic, will win the crowded Democratic primary for New Jersey’s 12th Congressional District, CNN’s Decision Desk projects.Hamawy led a field of roughly a dozen Democrats, including some state and local elected officials, in the solidly blue seat currently held by retiring Rep. Bonnie Watson Coleman. He was able to consolidate support from progressives and was boosted by American Priorities, a pro-Palestinian super PAC that spent more than $1.5 million supporting his campaign.“We were told that an outsider couldn’t win. Tha

Election|Political|US

Why the count will go on in California

California’s elections are never quite over on Election Day, and this year is no different.The state’s big population and its universal vote-by-mail system add to the time it takes to count the large volume of ballots counties will receive.In the 2024 general election, for instance, mail ballots accounted for a little more than 80% of the 16.1 million ballots cast that November. Typically, county election officials first process ballots received before Election Day as they roll in and post those results quickly.But, under state law, mail ballots can be received at local election offices up

Takeaways from the primary elections in California, Iowa and elsewhere

Bennett wins Democratic nod in New Jersey primary to face US House Republican Kean

Coast Guard divers arrive in Bahamas to begin new search for missing Michigan woman

US Coast Guard divers arrived in the Bahamas Tuesday evening to begin their renewed search for missing American woman Lynette Hooker, whose disappearance has prompted a federal criminal investigation, a US official familiar with the investigation tells CNN.Lynnette Hooker, a 55-year-old mother and sailor, has been missing since early April. Her husband, Brian Hooker, told authorities at the time that she fell from an 8‑foot dinghy while the couple was navigating rough waters near the Bahamas’ Abaco Islands, according to police.The Coast Guard announced it had opened a criminal investigatio

Los Angeles Mayor Karen Bass punched her ticket for November’s election. Spencer Pratt is still hoping for his

Spencer Pratt has spent months waging a guerilla campaign against incumbent Los Angeles Mayor Karen Bass, riding the buzz generated by AI-generated videos, viral moments and some big-name supporters as he seeks to capitalize on dissatisfaction with the way the city is being run.He may now have five more months to make his case.Bass secured a spot on the November ballot and Pratt was running in second place as of early Wednesday morning, ahead of progressive city councilwoman Nithya Raman and 11 lesser-known candidates as more ballots were being counted. No candidate appears likely to exceed th

NY Knicks enter the NBA Finals for the first time since 1999

Supreme Court allows Alabama to use GOP-friendly map for midterms, cutting seat held by Black Democrat

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At least 18 foreign nationals among 21 killed in Delhi hotel fire

At least 21 people, including 18 foreign nationals, were killed in a fire at a hotel in Delhi on Wednesday, police and broadcaster CNN-News18 said, in one of the worst such incidents in the national capital since 2022.The dead included people from Bangladesh, Nigeria, Mozambique and Liberia, the broadcaster said. Reuters could not immediately confirm the nationalities of the victims.Several people had jumped out of the burning building in South Delhi's Malviya Nagar to escape the flames, witnesses said, with residents dragging mattresses from a nearby store to try to break their fall."People

Asia|Travel|World

This Japanese island is closer to Taipei than Tokyo. A new ferry makes it easier to visit

You can now fall asleep on a ferry in Taiwan and wake up in Japan. On the surface, the Yaima Maru offers a perfect slow-travel escape — a passenger ferry equipped with saunas, karaoke rooms and a top-deck cafe.Launched in Taiwan last month to the sound of drums and a traditional lion dance, the 21,000-ton civilian vessel connects the northern Taiwan port of Keelung with the island of Ishigaki, in southwestern Japan’s idyllic Okinawa prefecture.But as Beijing ramps up military pressure around Taiwan and Japan shores up its own southwestern defenses, the route has drawn scrutiny — not lea

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Bennett wins Democratic nod in New Jersey primary to face US House Republican Kean

Economy|World

Gulf tensions escalate as Iran hits Kuwait, US strikes near Hormuz

Gulf hostilities flared again on Wednesday as Iranian attacks on Kuwait damaged its airport and injured dozens while the U.S. military carried out strikes near the Strait of Hormuz, with diplomacy to halt the war showing little sign of progress.The attacks are the latest to test a shaky ceasefire, sending oil prices up more than 2%, as the strait remains largely closed more than three months after the U.S. and Israel launched strikes on Iran.Flights at Kuwait International Airport were suspended after an Iranian drone and missile attack damaged airport facilities and diplomatic missions, kill

Crime|MidEast|World

Iran and the US trade strikes in the Persian Gulf, further testing ceasefire

Kuwait briefly shut its main airport Wednesday after Iranian drones heavily damaged a terminal building, killing one person and wounding dozens — the latest in back-and-forth attacks by Tehran and Washington that have tested a fragile ceasefire. Semiofficial Iranian news agencies have said the country had stopped communicating with mediators about extending the ceasefire in the war with the U.S. and Israel. A regional official said Tehran wanted a separate fragile in Lebanon enforced before returning to talks. U.S. President Donald Trump said negotiations continued.

NBA-Knicks aim to end 53-year title drought against Wembanyama's Spurs in NBA Finals

Exit polls suggest landslide win by South Korea's ruling liberal party in local elections

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Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Business|Crime|Economy|Lifestyle|Technology

How a carjacking in Connecticut led back to a man known as the crypto ‘Godfather’ in California

A California man known as the crypto “Godfather” has admitted to playing a key role in a botched Connecticut kidnapping nearly two years ago

Arts|Education|Entertainment|Political|Sports

Mamdani repeals bedtime for New York City students during Knicks playoffs

Economy|Education|Election|Environment|Political

Democrats don’t get why they’ve lost most working class voters

Business|Education|Political|Sports

Citing 'critical issues,' SEC, Big Ten withhold support for bipartisan college sports bill

The two biggest conferences in college sports say they do not support the current version of a bipartisan bill designed to regulate an industry struggling for answers in a quickly changing era in which some players make millions

Business|Crime|Finance|Political|Stock Markets

Former NY Rep. George Santos under investigation for alleged insider trading on Kalshi

Sticker shock meets gridlock: LA motorists keep driving at any price

Business|Economy|Environment|Health|Science

Flesh-eating screwworm detected 25 miles from US border in Mexico, USDA says

A parasitic fly that eats warm-blooded animals alive and could cause millions of dollars in economic damage was found in Mexico within 25 miles of the

Business|Economy|Environment|Science|Technology

Letting private companies use Cold War-era plutonium could set a dangerous precedent, senator says

Crime|Political

Exclusive: House Ethics Committee investigating Rep. Jimmy Gomez over sexual misconduct allegations, sources say

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls