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Asian, European markets tumble after Powell's rates warning

Markets sank Monday and the U.S. dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold water on the prospect

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Liz Cheney loses primary as Trump topples his most prominent GOP critic

Rep. Liz Cheney, R-Wyo., is projected to have lost her primary on Tuesday to Donald Trump-backed Harriet Hageman, ABC News reports, after Cheney built her political pro

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Liz Cheney says Jan. 6 work is worth losing her House seat; committee may subpoena Ginni Thomas

Rep. Liz Cheney said Sunday that she is working hard to win reelection this year and beat back a Trump-endorsed primary challenger -- but if her time investigating the

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Jan. 6 witness Trump allegedly tried to call was White House support staff, sources say

The person whom former President Donald Trump was accused of having contacted following the Jan. 6 hearing when former administration aide Cassidy Hutchinson testified

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Subpoenas to GOP members marks escalation in 1/6 committee probe

The decision to subpoena House GOP Leader Kevin McCarthy and other sitting GOP lawmakers by the House select committee investigating the Jan. 6 Capitol attack marked a

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Exclusive: Eric Trump and Kimberly Guilfoyle's phone records subpoenaed by January 6 committee

The House committee investigating the January 6 attack on the US Capitol has subpoenaed and obtained records of phone numbers associated with one of former President Do

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Abbott joins 6 other GOP governors in asserting Pentagon has no authority to punish unvaccinated National Guardsmen

Texas Republican Gov. Greg Abbott asserted the Pentagon has no authority to punish unvaccinated members of the state National Guard, joining other Republican governors

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January 6 committee reveals new Meadows text message on House floor

The House select committee investigating the January 6 attack on the US Capitol released new text messages obtained from former Trump White House chief of staff Mark Me

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Biden signs order directing federal govt to achieve net-zero carbon emissions by 2050

US President Joe Biden on Wednesday signed an executive order that requires the federal government to achieve a goal of net-zero carbon emissions by 2050."As the single

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10 states sue Biden administration over COVID-19 vaccine mandate for U.S. health workers

Ten Republican state attorneys general sued on Wednesday to stop the Biden administration's requirement that millions of U.S. health workers get vaccinated against the

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Liz Cheney, Lisa Murkowski and other Trump targets outraise their Republican rivals

Four Republican lawmakers who voted to impeach or convict former President Donald Trump over his role in the January 6 attack on the US Capitol outraised the candidates

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Jackson Hole economic symposium goes online

02:51 Each August over the past four decades, the world’s central bankers, including members of the U.S. Federal Reserve, gather in the state of Wyoming for an economic symposium.Moneta

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Senate votes to end debate on $1T infrastructure bill

The Senate on Sunday night voted to end debate on a roughly $1 trillion bipartisan infrastructure bill, putting it on a glide path, albeit a lengthy one, to passing thi

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California wildfire spreads fast, growing to largest this year in U.S.

A helicopter flies to battle against a wildfire dubbed Dixie Fire in Lassen National Forest, Northern California, the United States, on Aug. 5, 2021. (Photo by Dong Xudong/Xinhua) A fast-movin

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Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill

Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill.The adm

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Unlikely partners Pelosi and Cheney team up for Jan. 6 probe

When Nancy Pelosi raised a glass to Liz Cheney, it was the most unlikely of toasts.Democratic lawmakers and the Republican congresswoman were gathered in the House spea

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Republicans responsible for spreading anti-vaccine hysteria

Visitors wear face masks on the boardwalk in Huntington Beach, California, U.S., July 1, 2020. /VCG Editor's note:Haider Rifaat is a features writer for OK! Pakistan, an international edition