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U.S. Federal Reserve cuts interest rates by another quarter point
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank’s two per cent target. CBC | World News
Read More »Unidentified New Jersey drone reports consume lawmakers at state, federal levels
A U.S. senator has called for mysterious drones spotted flying over sensitive areas in New Jersey and other parts of the mid-Atlantic region to be “shot down, if necessary,” as lawmakers at all levels of government contend with a rash of reports of unknown craft in the sky. CBC | World News
Read More »Former Abercrombie & Fitch CEO Mike Jeffries faces federal sex trafficking charges
Former Abercrombie & Fitch CEO Mike Jeffries, his romantic partner and a third man were arrested Tuesday on charges of luring men into sex parties held around the world, sometimes by dangling the promise of modeling for the clothing retailer. CBC | World News
Read More »Former Abercrombie & Fitch CEO Mike Jeffries faces federal sex trafficking charges
Former Abercrombie & Fitch CEO Mike Jeffries, his romantic partner and a third man were arrested Tuesday on charges of luring men into sex parties held around the world, sometimes by dangling the promise of modeling for the clothing retailer. CBC | World News
Read More »Federal government plans to warn foreign ambassadors not to interfere in next election
The federal government plans to convene a meeting of foreign ambassadors next month to warn them not to interfere in the next election. CBC | World News
Read More »New York City Mayor Eric Adams indicted on federal criminal charges, sources say
New York City Mayor Eric Adams has been indicted by a grand jury on federal criminal charges, according to two people familiar with the matter. CBC | World News
Read More »Trump pleads not guilty to revised federal indictment in 2020 election case
Lawyers for Donald Trump entered a not guilty plea on his behalf on Thursday in court as his federal election subversion case resumed after a 10-month delay as the U.S. Supreme Court released a momentous opinion that affected proceedings. CBC | World News
Read More »Federal government to deliver budget money to 2024 Olympic, Paralympic athletes
The federal government fulfilled a budget promise to Canada’s athletes preparing for the Olympic and Paralympic Games with Monday’s announcement of $ 55-million infusion into the sport system. CBC | Sports News
Read More »World swimming federation confirms U.S. federal probe into Chinese athletes’ doping tests
The international swimming federation says its executive director has been ordered to testify as a witness in a U.S. criminal investigation into the case of 23 Chinese swimmers who tested positive for a banned substance in 2021 yet could continue competing. CBC | World News
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