Powell warns of inflation risks if US Fed cuts rates 'too aggressively'

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Syrian architect Abdel Aziz al-Mohammed could barely recognise his war-ravaged village when he returned after years away. Now, his meticulous documentation of the damage using a drone helps to rebuild it.
Max Verstappen leads Red Bull into their home Austrian Grand Prix this weekend hoping a major upgrades package can boost his title defence before it is too late.
Fresh from his success with the "Dune" saga, Denis Villeneuve has been tapped to direct the next movie in the storied James Bond franchise, Amazon MGM Studios announced Wednesday.
Thailand's government has announced a plan to tighten the rules on selling cannabis, the kingdom's latest attempt to restrict the drug, three years after it was decriminalised.
Ecuador's president announced Wednesday that the country's most-wanted fugitive, Los Choneros gang leader "Fito," had been recaptured over a year after his escape from prison triggered a wave of violence.
The bedroom of 74-year-old Cherifa Attia smells like burnt rubber. The vast phosphate processing plant beside her home has been belching out toxic fumes into the atmosphere, blighting this Tunisian city.
After weeks of painstaking testimony in the high-profile trial of Sean "Diddy" Combs, legal teams will enter a pivotal moment of the proceedings Thursday as they deliver closing arguments.
Hooker Matt Faessler and centre Hunter Paisami have been released by the Wallabies so they can play for the Queensland Reds against the British and Irish Lions next week.
Eighty years ago Thursday, 50 countries came together in the ashes of World War II to sign the United Nations' founding charter in order "to save succeeding generations from the scourge of war."
New Real Madrid coach Xabi Alonso warned his team's stars including Vinicius Junior and Kylian Mbappe on Wednesday that they must all pitch in defensively.
Versatile US college teen star Cooper Flagg was selected first overall in the NBA draft on Wednesday by the Dallas Mavericks, where he'll join a star-laden team already touted as a playoff threat next season.
Manchester City manager Pep Guardiola says his team must be ready to 'suffer' in the Florida heat when they face Juventus in their final Club World Cup Group G match on Thursday.
NBA commissioner Adam Silver said Wednesday the league is studying a rash of recent Achilles tendon injuries, days after Indiana's Tyrese Haliburton became the latest player to be hobbled by such an injury in game seven of the NBA Finals.
Selection Follows Successful Pitch During Blue Magic Netherlands Event
The occasion was conducted with meticulous organisation. As the previous Kiswa was carefully prepared for removal, the new Kiswa was raised and securely fastened to all sides of the Kaaba. Additionally, the door curtain embroidered with golden embellishments, lantern-shaped pieces, the belt, and samadiyah pieces were affixed-a scene embodying high craftsmanship and precision.
Manny Pacquiao said Wednesday that his lengthy layoff from boxing has reignited his passion for the sport as he prepares for next month's world welterweight title comeback against Mario Barrios.
Mamelodi Sundowns coach Miguel Cardoso said Wednesday his team could return to South Africa with their heads held high despite exiting the Club World Cup in the group stage on Wednesday.
A medical panel appointed by US Health Secretary Robert F. Kennedy Jr. held its first meeting Wednesday, pledging to revisit the childhood vaccine schedule and promoting themes long embraced by anti-vaccine activists.
The credibility of climate pledges by the world's tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday.
Australia's pacers struck back with four wickets after they were dealt some of their own medicine in being dismissed for 180 by the West Indies fast bowlers on the opening day of the first Test in Barbados on Wednesday.
A solitary first-half goal by Daniel Svensson gave Borussia Dortmund a 1-0 win against Ulsan HD on Wednesday as the Germans secured a place in the last 16 of the Club World Cup.
A federal judge has ordered the Trump administration to release billions allocated for the construction of electric vehicle charging stations in over a dozen US states.
The sale of the Los Angeles Lakers to billionaire Mark Walter is expected to close later this year in a deal that will see Jeanie Buss remain governor of the club "for the foreseeable future," Walter and Buss announced on Wednesday.
The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help facilitate Treasury market trading.
Global stocks were mixed Wednesday as markets weighed lingering worries about the Iran-Israel conflict while Nvidia surged to a fresh all-time high on bullishness over artificial intelligence.
Harvey Elliott scored twice as reigning champions England defeated the Netherlands 2-1 on Wednesday to set up a final against Germany at the Under-21 European Championship.
Gunmen killed 11 people and injured at least 20 in an attack during a religious festival in a central Mexican city plagued by gang-related violence, authorities said Wednesday.
Kylian Mbappe has been left out of the Real Madrid squad for Thursday's final Club World Cup group game against Red Bull Salzburg, despite returning to training following illness.
Two-time world rally champion Carlos Sainz Sr said on Wednesday he was not going to run for president of the International Motoring Federation (FIA), clearing the way for Mohammed Ben Sulayem's re-election.
Shamar Joseph spearheaded an incisive West Indies bowling effort in reducing Australia to 138 for six at tea on the opening day of the first Test of a three-match series in Barbados on Wednesday.
A Czech court on Wednesday rejected a complaint filed by French energy group EDF over the bidding process that saw it lose out on a multibillion-dollar contract to build two additional reactors at a Czech nuclear plant.
Kylian Mbappe returned to training on Wednesday after missing Real Madrid's first two matches at the Club World Cup in the United States due to illness, the Spanish giants confirmed to AFP.