As political pressure on the Federal Reserve intensifies, the legacy of Marriner Eccles—the Utah banker who architected its modern independence—offers a crucial lesson. A BYU expert explains why shielding monetary policy from politics remains vital for economic stability.
A renewed emphasis by President Xi Jinping on building a 'strong financial nation' with a globally powerful currency is being interpreted as a signal for accelerated yuan internationalization, as global confidence in the dollar shows signs of strain.
An 18-year-old has died from injuries sustained in the devastating fire at Le Constellation bar in Crans-Montana, raising the final death toll to 41. The incident, which occurred during New Year's celebrations, also left over 100 injured, with many still hospitalized across Europe.
House Speaker Mike Johnson stated on Sunday that he believes he has secured enough Republican support to pass a stopgap funding bill and end the partial government shutdown by Tuesday at the latest, citing logistical hurdles due to severe weather.
The death toll from a devastating fire at a New Year's Eve bar in the Swiss Alps resort of Crans-Montana has risen to 41 after an 18-year-old victim died from his injuries, marking one of the nation's worst peacetime tragedies.
A senior Kremlin official has publicly endorsed President Trump's efforts to broker an end to the Ukraine conflict, calling renewed U.S.-Russia dialogue "productive" as a new round of trilateral talks is announced.
An unprecedented potato harvest in Germany has led to a wave of grassroots initiatives, with farmers distributing millions of surplus potatoes for free in Berlin, sparking community spirit and a debate on food waste and market impacts.
Syrian authorities announced the arrest of a militant group responsible for rocket attacks on the Mezzeh military airport, alleging the weapons were supplied by Iran-backed Hezbollah—a claim the Lebanese group denies.
The vital Rafah border crossing between Egypt and the Gaza Strip reopened Sunday for limited passenger traffic, marking a significant shift after more than two years of closure. The move, part of a ceasefire deal, initiates a tightly controlled process allowing medical evacuations and returns, though humanitarian aid flow remains uncertain.
A five-year-old boy and his father have been released from immigration detention after a federal judge sharply criticized ICE's tactics, accusing the agency of a 'perfidious lust for unbridled power' in a case that has ignited national outrage.
Ukrainian President Volodymyr Zelenskyy confirms a new round of trilateral negotiations with Russia and the U.S. is scheduled for early February, even as drone attacks continue to target civilian infrastructure.
A Sudan Airways flight from Port Sudan touched down in the capital, marking a tentative step toward reconnecting a nation fractured by conflict.
House Speaker Mike Johnson expressed confidence that Republicans have the votes to pass a stopgap funding bill by Tuesday, aiming to end a partial government shutdown triggered over the weekend amid ongoing immigration policy disputes.
A second woman has come forward alleging the late financier Jeffrey Epstein arranged for her to have a sexual encounter with Prince Andrew in 2010, according to a BBC report. The claim surfaces amid renewed scrutiny following a major document release by U.S. authorities.
The Rafah border crossing between Gaza and Egypt reopened for pedestrian traffic Monday, ending a near two-year shutdown. The vital gateway, crucial for aid and movement, resumes under a complex new security framework involving Israeli oversight and international monitors.
Prominent Venezuelan human rights defender Javier Tarazona has been released after over four years in detention on charges widely condemned as politically motivated, as the government announces a new amnesty law and the U.S. re-engages diplomatically.
The Israeli government has ordered Médecins Sans Frontières (MSF) to cease operations in Gaza by the end of February, citing the aid group's refusal to hand over details of its Palestinian staff—a move critics decry as a dangerous politicization of humanitarian aid.
Israeli authorities have issued expulsion orders to a Bedouin community near Ramallah, while settler attacks on schools and homes intensify across the occupied West Bank, further constricting Palestinian living space.
The highest-ranking US and Israeli military officials held a closed-door meeting at the Pentagon last Friday, as regional tensions with Iran continue to escalate, according to US officials speaking on condition of anonymity.
A Russian drone strike targeted a bus carrying coal miners in Ukraine's Dnipropetrovsk region on Sunday, killing at least 12 workers and wounding eight others, in what Ukrainian officials describe as a deliberate attack on civilian infrastructure.
