Fed likely to hold rates steady as Powell prepares for possible swan song

By Howard Schneider WASHINGTON, April 27 (Reuters) – Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell’s last meeting as head of the U.S. central bank, with energy prices still elevated

Iran offers to end chokehold on Strait of Hormuz and asks US to end blockade, officials say

CAIRO (AP) — Iran is offering to end its chokehold on the Strait of Hormuz without addressing its nuclear program, two regional officials with knowledge of the proposal said Monday, as the country’s foreign minister made a

Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

OAKLAND, Calif. (AP) — Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for