Author: Press Room

London — The United Kingdom’s governing Labour Party and the opposition Conservative Party, which together have dominated British politics and seated every prime minister for more than 100 years, both took a gut punch in a major round of local elections on Thursday. For Labour leader and current Prime Minister Keir Starmer, the heavy losses on city councils across England, even with votes still being counted in Scotland and Wales, paint a bruising picture.Starmer took office less than two years ago, after Labour won a landslide in the last national parliamentary elections. In Thursday’s voting, the party lost more than half of…

Marc Rowan, chief executive officer of Apollo Global Management LLC, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, April 5, 2022.Jeenah Moon | Bloomberg | Getty ImagesApollo Global Management CEO Marc Rowan on Wednesday warned investors that he is preparing his giant asset management firm for a potential market downturn and sharply criticized what he called the “egregious” practices of some rival insurers.The current solid economic backdrop — which helped Apollo report a banner quarter, in which the firm reached $1 trillion in assets under management and record fee-related earnings — is…

NEWYou can now listen to Fox News articles! President Donald Trump is at his second golf tournament in as many weeks, both of which were at courses he owns.A week after catching PGA Tour action at his Doral course in South Florida, Trump motorcaded to Trump National Golf Course Washington D.C. in Sterling, Virginia, to watch LIV golfers.Trump arrived at a presidential suite via golf cart where his son, Eric, was seated with someone from the Public Investment Fund, whom the president shook hands with. President Donald Trump arrives at Trump National Golf Club during day 3thre of LIV Golf…

Hockey fans and organizations across the country are mourning legendary coach Ernie “Punch” McLean, who has died in a crash in northern B.C. at the age of 93. RCMP say investigators have confirmed McLean was the sole victim in a single-vehicle crash about 30 kilometres south of Dease Lake.McLean coached 16 seasons in the Western Hockey League with the New Westminster Bruins and Estevan Bruins.After six seasons in Estevan, McLean and his partner Bill Shinske moved the Bruins from Saskatchewan to B.C., where he navigated the New Westminster Bruins to four straight WHL championships from 1975 to 1978 and two…

Lucas Herbert managed a 68 on a day of low scoring and while others climbed, he remains atop the leaderboard.

“SOMETHING ODD”Deciphering the vast Chinese energy industry is difficult, even when the fog of war isn’t obscuring the picture further. Oil traders fill the gaps left by patchy official statistics by tracking tankers offloading and uploading in the country, measuring stocks using satellite imagery and by talking to their own on-the-ground contacts for clues.Over recent weeks, industry executives have noticed something odd: Chinese state-owned oil companies have been reselling some of their oil cargoes to European and Asian rivals. The behaviour suggests surpluses – odd during a supply shortage. The shift has not only capped benchmark oil prices but also helped…

At the start of 2026, most investors would have confidently picked Nvidia stock as most likely to lead the market.Jensen Huang still owns the AI stage, Nvidia (NASDAQ: NVDA) remains the default name in data-center spend, and the company has been expanding its CPU ambitions with Meta while touting a $1 trillion AI-chip opportunity through 2027.However, the market has made a quieter call, with AMD doubling from its January 2 close of $227.15 to $455.19, while Nvidia has risen about 14% from $188.85 to $215.20.That is a gap of roughly 86 percentage points.Why the AI trade is quietly rotatingThe first…

new video loaded: Russian State TV Shows Smaller Military Parade Amid Fears of Ukrainian StriketranscriptBacktranscriptRussian State TV Shows Smaller Military Parade Amid Fears of Ukrainian StrikePresident Vladimir Putin of Russia marked Victory Day in a scaled-down military event in Red Square, in Moscow, on Saturday.President Putin agreed. President Zelensky agreed. Both readily. And we have a little period of time where they’re not going to be killing people. That’s very good.President Vladimir Putin of Russia marked Victory Day in a scaled-down military event in Red Square, in Moscow, on Saturday.By Alisa Shodiyev KaffMay 9, 2026

NEWYou can now listen to Fox News articles! A new poll shows the race tightening for the Democratic primary in Massachusetts, with challenger Rep. Seth Moulton closing in on Sen. Ed Markey.The race is one of the most hotly contested primaries in the country, with the more progressive Markey having led by as much as 20 points in previous polls, according to Axios.Markey, 79, who has held his seat since 2013, has the backing of the Democratic establishment, with the 47-year-old congressman looking to unseat him.Just last month, Markey comfortably led Moulton 47-30% in a Suffolk University/Boston Globe poll, according to…

NEWYou can now listen to Fox News articles! Nearly a dozen people were injured Saturday after a possible boat explosion at Haulover Sandbar, a popular tourist attraction in North Miami Beach, Florida.Miami-Dade Fire Rescue confirmed to Fox News Digital 11 victims were taken to the hospital for treatment, though the total number of injuries has not yet been released.The victims’ conditions are unknown, as of 5 p.m.Fire officials sent more than 25 units to the scene just after 12:55 p.m. local time, including Fireboat 21, Ocean Rescue units, along with partner agencies including the Florida Fish and Wildlife Conservation Commission…