Author: Press Room

NEWYou can now listen to Fox News articles! The Treasury Department is preparing a $250 note bearing President Donald Trump’s portrait for the nation’s 250th anniversary, but the bill can only move forward only if Congress changes federal law barring living people from U.S. currency.”It’s all up on Capitol Hill. At Treasury, we prepare things in advance. So we have prepared, in advance, that if the legislation is passed, but we will stick to the law,” explained Bessent.Trump’s portrait would be placed on $250 paper currency for the first time if lawmakers succeed in changing a key federal law that…

Google Gemini AI is calling XRP coiled for a breakout over the next 90 days, targeting $2.25 to $2.50 from a current price of $1.32, and the specific mechanism behind the bull case is more technical than most predictions in this series.The $2.26 billion short liquidation cluster sitting just above current levels is the loaded gun in this setup. That is not a narrative catalyst or a roadmap promise; that is real leveraged money that gets forcibly bought back the moment the price pushes through the trigger zone.If XRP breaks above the cluster level with enough volume to start the…

JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in the coming years.A deal that size would be the largest of Dimon’s 20-year tenure atop JPMorgan and test regulators’ appetite for consolidation among the biggest U.S. banks.”I do think there might be opportunities, and so we are on the lookout,” Dimon told analysts at a New York financial conference.”There might be, in the next couple years, a chance to put $10 [billion] or $20 billion to work buying something,” Dimon said.The comments came with caveats. Dimon framed acquisitions almost as…

The number of immigration cases being brought to Federal Court has more than quadrupled since 2020 — and some immigration lawyers are linking the surge in part to the federal government’s use of artificial intelligence and automation to clear visa application backlogs. Immigration, Refugees and Citizenship Canada insists that technology is not to blame and that multiple factors are driving the boom in legal challenges of the department’s decisions.About 6,400 immigration cases were brought to Federal Court in 2020, a figure in line with the trend over the previous decade. The caseload spiked sharply in 2021, when 9,700 cases were…

Oil prices in May experienced extreme volatility as uncertainty about the US-Iran ceasefire kept the market on edge. Even as Brent crude prices had climbed more than $110 per barrel earlier this month, the benchmark contract could not sustain the high levels for long. Crude futures cooled in May as hopes for a US–Iran deal and weaker demand expectations trimmed the war premium, leaving Brent and West Texas Intermediate down roughly 14% for the month but still at historically elevated levels.Monthly performance and volatilityBrent front‑month futures fell $16.00 from the April 30 settlement to $94.40 a barrel, a decline of 14.5% during…

NEWYou can now listen to Fox News articles! Vanilla Ice is ready to rock the stage at the Great American State Fair’s Freedom 250 concerts as other acts drop out.In a video shared to his Instagram, the 58-year-old rapper shared that he is excited and “honored” to be performing at the event, promising to “bring back the 90s.””It’s all about enjoying the great times of 250 years. From George Washington to now. All the presidents and everybody in between, this is a magical event that’s gonna happen,” he said in the video. “It’s very rare. I’m honored, man. This is…

The wife of Professor Richard Scolyer has given an update on his battle with brain cancer, saying that “things are steadily getting harder”.

new video loaded: What I Saw Inside an Ebola WardOur chief Africa correspondent, Declan Walsh, walked inside an Ebola ward where both adults and children were being treated, and where someone had recently died of the disease amid a spiraling outbreak in the region. This is what he saw.By Declan Walsh, Estelle Caswell, Thomas Vollkommer and Arlette BashiziMay 30, 2026

President Trump is no longer expected to speak with Taiwanese President Lai Ching-te before Chinese President Xi Jinping’s potential trip to the United States this fall, multiple sources familiar with the discussions told CBS News. When Mr. Trump visited China earlier this month, Xi warned him that Taiwan could become a “very dangerous situation” if mishandled.Mr. Trump twice made international headlines in mid-May when he indicated that he would have a conversation with Lai before making a decision about selling a new package of defensive military weapons to the democratic self-governed island. “I’ll speak to him,” Mr. Trump told reporters last week…

Artificial intelligence is turning out to be far more expensive than anyone expected, and CFOs at major U.S. companies are now facing a brutal new trade-off: tokens or humans.That was the picture two enterprise AI CEOs at the center of the buildout described to CNBC this week. Their accounts of what’s happening inside the Fortune 500 paint a sharp picture of the threat that rising costs pose to the AI trade. It’s a risk the market hasn’t yet recognized as it hits record highs and mints new trillion-dollar companies like Micron. The number one topic for every enterprise right now is…