Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
Chairman Warsh drastically alters Fed rate statement. Here's what's changed
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
UN experts demand Iranians free Foremans
They said proceedings against Lindsay and Craig Foreman had been marked by grave irregularities.
‘We had right of way’: when British fair play met Russian firepower off the Isle of Wight
Jane and Alan Kelvey’s holiday yacht met a warship in the Channel – at a tense time for Anglo-Russian relations“We actually had right of way,” said Jane Kelvey, a little crossly, though keeping it civil. “But we weren’t going to argue with a warship.”The dramatic standoff in the Channel on Tuesday morning between Admiral Grigorovich, a 125-metre (409ft) battle-hardened Russian frigate, and Bright Future, a 12-metre (40ft) pleasure yacht owned and helmed by Jane, 69, and her husband, Alan, 71, has rather caught the nation’s imagination. Continue reading...
Fery makes Queen's quarters with 'best-ever' result
British number five Arthur Fery produces a superb display to beat Adrian Mannarino and keep home hopes alive in the HSBC Championships at Queen's.
Evans misses out on Wimbledon singles wildcard
British tennis stalwart Dan Evans will have to go through qualifying to make the main draw of the men's singles at Wimbledon after missing out on a wildcard.
Scottish Premiership fixture release - all you need to know
The fixtures for the 2026-27 Scottish Premiership season are released on Thursday at 12:00 BST - and you can see them on the BBC Sport website and app as soon as they are announced.
Epic wants to let you bring your Fortnite skins to other games
Epic Games has been touting the potential of an interoperable metaverse for years, though that vision hasn't yet become a reality. But with Unreal Engine 6, the next major version of its game development engine, Epic plans to take a big step toward that theoretical future: it will let developers make games that can use […]
Cross claims first Players Championship title of season
Rob Cross claimed his first title of 2026 at Players Championship 22 in Wigan, defeating Maik Kuivenhoven 8-5 in the final on Wednesday.
Ex-Nigeria oil minister cleared in UK bribery trial
Diezani Alison-Madueke had been accused of receiving bribes from oil tycoons but was found not guilty by a jury at Southwark Crown Court.
Ronaldo flatters to deceive as Portugal slump to DR Congo draw
Cristiano Ronaldo struggled during his first performance at the 2026 World Cup as a disappointing Portugal were held to a 1-1 draw by DR Congo.
England take late NZ wickets with second Test balanced after day one
Jacob Bethell takes two late wickets to leave England's second Test against New Zealand delicately poised after the opening day at The Oval, with the tourists closing on 291-7.
McInnes replaces Rohl at Rangers - was decision no-brainer?
Derek McInnes says "it is a real honour" to be named Rangers manager after he replaces Danny Rohl in the Ibrox dugout.
UK officials expect Russia to retaliate for seizure of shadow fleet oil tanker
No formal warning issued to captains or ship owners, but industry body says they are exercising greater vigilanceBritish officials believe Russia will try to retaliate for the Royal Marines’ seizure of the oil tanker Smyrtos, prompting UK ship owners to exercise greater vigilance until tensions with Moscow ease.Military sources said the UK had considered possible responses to the seizure of the vessel carrying Russian crude worth $40m (£30m) to India, and anticipate that the Kremlin will want to hit back. Continue reading...
Strait of Hormuz threat level downgraded after Iran deal, says U.S.-led maritime security group
The behavior of Iranian forces "has become less volatile" and the U.S. Navy continues to provide oversight, the Joint Maritime Information Center said.
Fed holds US interest rates steady as uncertainty over Trump's Iran deal remains
The Federal Reserve held rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
New rules to limit golf ball distance pushed back
Plans to limit how far golf balls can fly in the professional game are put on hold by rulesmakers the R&A and United States Golf Association.
Verhoeven says appeal against loss to Usyk dismissed
Rico Verhoeven says his appeal against the result of his defeat by unified heavyweight world champion Oleksandr Usyk last month has been dismissed.
Anthropic got hit by export rules nobody understands
Anthropic has spent much of this week fighting to get its newest AI models back online after the Trump administration abruptly ordered the company to cut access for all foreign nationals, including users inside the US and its own employees, forcing Anthropic to block access to Fable 5 and Mythos 5 for everyone. "To my […]
Rangers appoint McInnes as Röhl replacement
Rangers have appointed Derek McInnes as manager on a three-year-deal after his momentous season in charge of Hearts.
Archer's box-office spell to Phillips lights up The Oval
Jofra Archer showed no signs of rust as he made his England Test return, the pacer producing a box-office, fiery eight-over spell of short-pitched bowling late on the first day of the second Test against New Zealand at The Oval.
French police authorised to use water cannon on asylum seekers in £660m deal with UK
Refugee charity says decision to let riot police use water cannon, which are banned in Great Britain, is ‘sickening’French riot police deployed in northern France under a £660m deal with the UK are authorised to use water cannon against asylum seekers, the Guardian has been told.Two specialist policing units, including a 50-officer riot squad, have begun working to prevent asylum seekers and people smugglers from launching small boats under the UK-France deal in time for the summer months. Continue reading...
Titan sub: design flaws and company groupthink central to catastrophe, report finds
Canadian officials find structural defects in material used for hull and say firm failed to fully test ‘novel’ designCanadian safety officials have issued a damning report on the catastrophic final voyage of the Titan submersible, finding that the US company behind the expedition was overcome by “groupthink” and “confirmation bias” and failed to understand the profound risks confronting their largely untested craft.The 6.7-metre (22ft) carbon fibre submersible dipped below the surface of the Atlantic Ocean in June 2023 en route to the wreckage of the Titanic ocean liner. But nearly two hours after it departed with five passengers, communications went dark. The disappearance prompted a frantic international search, with Canada and the US marshalling all available resources. Continue reading...