Recession not in the latest Fed staff forecast: Federal Reserve Chair
Alex Wong/Getty Images (WASHINGTON) — U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a recession for the U.S., and there is a chance inflation could return to target without high
'A superb dig': Archeologists uncover ruins believed to be Roman Emperor Nero's theater near Vatican
Phoebe Natanson/ABC News (ROME) — “What an artist dies with me!” Nero, the emperor of Rome from AD 54 until AD 68, reportedly uttered those famous last words before his death in exile. Experts believe he may
Actor Kevin Spacey found not guilty on sexual assault charges in London
Witthaya Prasongsin/Getty Images (LONDON) — Actor Kevin Spacey was on Wednesday found not guilty in a London court of a series of sexual assaults against several accusers. Twelve jurors at the Southwark Crown Court had begun deliberating
Young couples face wedding vs. house dilemma amid skyrocketing costs
ABC News (NEW YORK) — For couples ready to take that next step together, there’s nothing like planning a wedding — then going into sticker shock after discovering just how much it’s going to cost. The average
US steps up warnings to Guatemalan officials about interference in country's election
Juanmonino/Getty Images (NEW YORK) — With Guatemalan authorities appearing to ramp up their interference in the country’s presidential election, including last week’s raids of the election tribunal offices and the anti-corruption candidate’s party offices, the U.S. is
Wildfires that killed at least 34 in Algeria are now 80% extinguished, officials say
Juanmonino/Getty Images (LONDON) — Wildfires that have killed at least 34 people in northern Algeria over the past several days are now almost entirely under control, officials said. As of Tuesday afternoon, 80% of the wildfires had
As wildfires sweep through Greece, resident returns home to find it 'all gone, totally gone'
Spyros Bakalis/AFP via Getty Images (LONDON) — As wildfire flames crept toward Zena Katsaros’ home in Kiotari, a village in Rhodes, on Friday, she fled with her bathing suit and a few other items. She slept on
Federal Reserve expected to escalate inflation fight for final time
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will decide whether to revive an aggressive series of interest rate hikes and may indicate a willingness to soon end its full-throttle inflation fight. Last month, the
High-stakes economic releases to test hope of averting recession
Javier Ghersi/Getty Images (NEW YORK) — Alarm over a possible recession has blared for well over a year, but in recent months a cooldown of inflation alongside resilient job gains has quieted the din. Growing optimism among
Expert tips to save big on holiday travel now by booking this summer
Greg Bajor/Getty Images (NEW YORK) — If you travel often, you’ve probably heard the rule of thumb, to book during the opposite season — sort of like Christmas in July or buying a winter coat at a