US interest rates are now at their highest since the global financial crisis as the US central bank has again imposed an increase as it seeks to lower inflation. The Federal Reserve, known as the Fed, has imposed a 0.50 percentage points rise in interest rates. The widely-expected rise will mean more expensive borrowing for
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7:00 AM ET When NHL commissioner Gary Bettman met with the media following the first day of the board of governor meetings at the posh Breakers resort in Palm Beach, Florida, he issued a warning: There’s not much news to report. As Bettman celebrated 30 years in office at these meetings, the league is in
An investigation has been launched by the Competition and Markets Authority (CMA) following rocketing prices of antibiotics in the wake of Strep A cases. Drug companies have been accused of hiking prices after some pharmacies said they were being charged up to £19 for a box of drugs that normally costs a few pounds. Pharmacies
The grey house with the Christmas wreath on the front door and twinkling fairy lights overhanging the back patio could be any other student home in the remote town of Moscow, Idaho. A blanket of snow covers the ground, and a rubbish bag overflowing with beer and seltzer cans is propped up near an outdoor
NHS nurses are striking today in a dispute with the government over pay and patient safety. Members of the Royal College of Nursing (RCN) will take industrial action on 15 December and 20 December across England, Wales and Northern Ireland for the first time in the union’s 106-year history. Strikes by ambulance staff and some
A fisherman whose crew saved 31 people stranded in the English Channel said he was woken in the early hours of the morning when migrants surrounded his boat “screaming for help”. Skipper Raymond told Sky News he had been sleeping when he was awoken by a member of his crew, who told him, “There are
It has been another busy year of film and televisions, as the industry bounces back from the pandemic with a bang. Blockbusting franchises returned to the big screen, we had more than one multiverse of madness, a unique restaurant experience, and even a pretty weird musical biopic. To end the year, the team behind Backstage
Retired Sir Vice-Marshal Sean Bell takes a closer look at the West’s cap on Russian oil and the impact of winter on frontline troops in Ukraine. He says the cold weather conditions are making it “very difficult” for Putin’s troops to use precision weapons, highlighting the issue of trees losing their foliage and the problems
Director of Lighthouse Archaeological Maritime Program Chuck Meide provides details on a shipwreck unearthed by recent hurricanes, which he says ‘almost certainly’ dates to the 1800s. #CNN #News
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The EU wants to cut greenhouse gas emissions by at least 55% by the year 2030, compared to 1990. Justhavealook | E+ | Getty Images Plans for the European Union’s Carbon Border Adjustment Mechanism took a significant step forward Tuesday morning after a provisional deal between the Council of the EU and members of the
An incident is ongoing in the English Channel involving two search and rescue helicopters, RNLI lifeboats and other UK and French navy boats. The rescue operation is understood to be under way off the coast of Kent, near Dungeness. A UK government spokesperson said: “We are aware of an incident in UK waters and all
US comedian Jay Leno has described the moment his face caught on fire in a blaze that left him with burns on around 7% of his body. The former Tonight Show host suffered severe burns to his hands and chest, as well as third-degree burns to his face, after one of his vintage cars erupted
11:53 PM ET Jeff PassanESPN Close ESPN MLB insiderAuthor of “The Arm: Inside the Billion-Dollar Mystery of the Most Valuable Commodity in Sports” Shortstop Carlos Correa and the San Francisco Giants are in agreement on a 13-year, $350 million contract, a record-long deal that is the richest ever for the position and gives the team
The rate of inflation eased to 10.7% from 11.1% last month, according to official figures showing that food and the cost of a night out continue to rise in price ahead of Christmas. The Office for National Statistics (ONS) said falling motor fuel prices led the decline in the core consumer prices index (CPI) measure
A group of 90 Ukrainian judges will undergo training, provided by the UK, to carry out war crimes trials for Russian soldiers. The first group of judges attended sessions at a secret location in the region last week, and more will follow in the coming months, as part of a £2.5m investment. In her first broadcast
Senior health leaders have raised concerns about the care of cancer patients during the impending nurses’ strikes – including warnings that some chemotherapy appointments are being rescheduled. In a letter seen by Sky News political editor Beth Rigby, the head of cancer care for NHS England, Dame Cally Palmer, called on Royal College of Nursing
Former cryptocurrency exchange boss Sam Bankman-Fried hugged his parents after being denied bail on charges relating to “one of the biggest financial frauds in American history”. The 30-year-old founder of FTX, has been charged by the US Securities and Exchange Commission (SEC) with fraud and violating campaign finance laws. He is also being sued. Following
A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried, citing heightened flight risk, and said he should be remanded to Bahamian custody until February 8, 2023, hours after a U.S. federal criminal indictment against Bankman-Fried alleging a massive fraud at FTX was unsealed in New York City. Bankman-Fried was
EV tech and infrastructure giant Siemens eMobility today announced that it will locate its second US manufacturing hub for EV chargers in Carrollton, Texas, outside of Dallas. Siemens says it will retrofit the 80,000-square-foot Carrollton plant so that it can ramp up production of the EV chargers quickly. The new hub will create 100 jobs at