Photo Credit: Dubai Capitals The International League T20 (ILT20) season ended with a nerve-jangling final at the Dubai International Cricket Stadium on Sunday as the Dubai Capitals (DC) were crowned the champions after a stroke of luck followed game-changing knocks from Rovman Powell and Sikandar Raza, who delivered a four-wicket win over Desert Vipers (DV)…
President Trump has so far restrained himself from trying to meddle with the Federal Reserve on matters related to monetary policy during his second term. But some of the more than 50 executive orders he has signed since returning to the White House are leaving an imprint on the central bank. The latest evidence is…
The Federal Reserve left interest rates unchanged on Wednesday, as the central bank turned cautious on further cuts amid a sturdy economy and uncertainty about inflation. The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting…
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how it would set interest rates. The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford…
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how it would set interest rates. The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford…
The Federal Reserve has withdrawn from a network of global financial regulators focused on climate risk days before President-elect Donald J. Trump returns to power. The central bank announced that it was formally joining the network in December 2020, shortly after President Biden was elected. The decision was met with praise from Democrats and skepticism…
Dubai Capitals’ Rovman Powell in action during the ILT20. (Image: Creimas) DUBAI: Thirteen runs were needed off the last six balls. Kieron Pollard occupied the crease. What would you expect? The swashbuckling batter to seal the win with a couple of brutal hits, right? But that wasn’t the case on Sunday. Farhan Khan, a young…
Swami Kailashanand Giri clarified lingering speculation around the visit, calling Powell Jobs “a daughter” and highlighting her deep respect for Indian spirituality. Laurene Powell Jobs, philanthropist and wife of late Apple co-founder Steve Jobs, visited the iconic Kashi Vishwanath Temple in Varanasi on Saturday, accompanied by spiritual leader Swami Kailashanand Giri of Niranjani Akhara. The…
Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central bank’s Dec. 17-18 meeting, released on Wednesday, showed that most Fed officials…