Latest Stories

  • Judge urges NYC subway chokehold jury to keep deliberating after it struggles to reach verdict

    NEW YORK (AP) — The judge in Daniel Penny’s fatal subway chokehold trial urged jurors to continue their deliberations on Friday morning after they told him they couldn't reach a unanimous vote on the top charge of manslaughter.

  • Kate arrives for annual Christmas carol service

    The Princess of Wales has arrived at Westminster Abbey ahead of the start of her annual Christmas carol service. Kate, 42, was not joined by her family, who are expected to arrive later. In a message sent ahead of the service, Kate said Christmas is a moment of "celebration and joy" as well as an "opportunity to slow down and reflect on the deeper things that connect us all".

  • CFPB sues Comerica Bank over allegations of failing disabled and older Americans

    The Consumer Financial Protection Bureau said it was suing Comerica for failing 3.4 million "Direct Express" card holders -- who the agency said were primarily unbanked people receiving federal benefits -- by deliberately disconnecting their phone calls and charging them illegal fees. In doing so, "Comerica boosted its bottom line at the expense of Americans living on a fixed income," Rohit Chopra, the agency's director, said in a statement. However, the Dallas-based lender said it had sued the CFPB in federal court last month, claiming the agency had overstepped its legal authority in the investigation after Comerica attempted to clarify matters.

  • S&P 500, Nasdaq gain after jobs data boosts December rate-cut bets

    The S&P 500 and the Nasdaq hit intraday record highs on Friday as traders increased bets on a Federal Reserve rate cut this month following robust November nonfarm payrolls data, while a drop in UnitedHealth shares weighed on the Dow. U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate to 4.2% pointed to an easing labor market, which should allow the Fed room to cut interest rates again this month. Traders boosted bets the U.S. Federal Reserve would cut interest rates this month, now signaling a more than 90% chance of a 25-basis-point rate cut at the central bank's Dec. 17-18 meeting, versus 67% before the jobs data was released.

  • This mighty little space heater 'cranks out the heat' — and it's on sale for $30 on Amazon Canada

    When the weather outside is frightful, this $30 "great little heater" will keep your home so delightful.

  • BMO shares rise amid analyst upgrades as credit concerns fade

    Analysts at Scotiabank and CIBC upgraded their ratings on BMO’s stock, citing guidance that credit issues have reached their peak.

  • Arne Slot urges Liverpool to be ‘aggressive in a smart way’ against Everton

    Arne Slot wants Liverpool to be “aggressive in a smart way” in the Merseyside derby as he feels his side receive more yellow cards than they deserve. The Reds boss will be without midfielder Alexis Mac Allister against Everton on Saturday as he serves a one-match ban after his fifth booking of the season in Wednesday’s draw at Newcastle. Ryan Gravenberch is also only one caution away from being suspended and, in the heat of what is likely to be the final derby at Goodison Park, barring an FA Cup meeting, Slot is aware tensions can sometimes boil over.

  • Daniel Penny verdict: Jury says it is deadlocked in NYC subway chokehold case, reports say

    Daniel Penny was accused of recklessly disregarding the risk to Jordan Neely's life while holding him around the neck onboard a subway car last year.

  • Crypto evangelist David Sacks will serve as Trump's AI and cryptocurrency advisor

    On Thursday evening, president-elect Donald Trump took to Truth Social to announce that he was appointing former PayPal COO David Sacks as his “White House A.I. & Crypto Czar.”

  • Two US senators seek antitrust probe of DraftKings, FanDuel

    Two U.S senators have asked the Federal Trade Commission and Justice Department to investigate online betting platforms DraftKings and FanDuel over concerns they are coordinating against competitors. In a letter dated Dec. 5, Republican Senator Mike Lee and Democratic Senator Peter Welch asked for an investigation following reports that the two companies were allegedly acting together to pressure businesses not to engage with competitors. "After their merger to monopoly was blocked, it seems that FanDuel and DraftKings have arguably acted as one company, violating our antitrust laws," they wrote, citing the companies' failed 2016 plan to combine.

  • UK braced for Storm Darragh disruption as rare red warning issued

    The warning – which has led to the cancellation of events, including Christmas attractions – covers parts of Wales and the south-west of England.

  • Trump talks up his transition and election victory as he receives Fox Nation award

    GREENVALE, N.Y. (AP) — Not yet even in office, Donald Trump said Thursday he's already accomplished more than President Joe Biden did in his entire term, an outsized claim by the president-elect just a month out from the election.

  • Fed's Hammack says time to slow rate cuts may have arrived

    In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her options open when it comes to the central bank’s next policy meeting, as broader economic conditions continue to argue for a slowdown in the pace of rate cuts. “I believe we are at or near the point where it makes sense to slow the pace of rate reductions,” Hammack said in the text of a speech prepared for delivery before The City Club of Cleveland. As for what will happen at the Federal Open Market Committee meeting scheduled for Dec. 17-18, Hammack said that more data is coming between now and then, noting she “will maintain an open mind” about how to set the federal funds rate, which is currently set between 4.5% and 4.75%.

  • Russia's 'hybrid attack' on Romanian election could trigger NATO response if proven

    Any evidence that Russia tried to influence an election in a NATO state would expose a form of hybrid attack that is designed to weaken the alliance from within. It is why events in Romania - where a top court has just annulled the result of the first round of voting in a presidential election amid concerns about an interference operation conducted from overseas - will surely be ringing alarm bells across NATO capitals.

  • US appeals court upholds TikTok law forcing its sale

    A U.S. federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. The decision is a complete win for the Justice Department and opponents of the Chinese-owned app and a devastating blow to ByteDance. The ruling now increases the possibility of an unprecedented ban in just six weeks on a social media app used by 170 million Americans.

  • These 'elegant, beautiful' glass mugs, down to $19 a pair, make a stunning gift

    The vintage-style beauties come with two gold spoons — grab the set while it's nearly 40% off.

  • Exclusive: Lemn Sissay opens up about foster care and meeting royals

    The author is supporting London's Foundling Museum to the Big Give for Christmas

  • U.S. Court of Appeals upholds TikTok ban, finds law does not violate 1st Amendment

    A federal court in Washington, D.C., upheld the government’s TikTok ban today after the social media company filed a lawsuit against the federal government.

  • HSBC expects S&P 500 index to hit 6,700 by end-2025

    "We expect next year's equity returns to be focused on earnings growth as valuations are more stretched," HSBC analysts led by Nicole Inui wrote in a note. The benchmark index has had a good run this year, having gained close to 28% so far, broadly boosted by the so-called 'Magnificent 7' stocks on the artificial intelligence boom. A resilient macro-economic backdrop, continued earnings growth and gradual easing in inflation also further supported the index.

  • Hunt for the gunman who killed UnitedHealthcare's CEO reveals new clues about movements in New York

    NEW YORK (AP) — As the hunt for a masked gunman who stalked and killed the head of the largest U.S. health insurer moved into its third day Friday, surveillance footage provided more clues about the suspect's travels and the places he visited before the shooting.