The U.S. Federal Reserve announces its benchmark interest rate will not change this month, though it expects an increase by the end of the year, along with three increases in 2018 and two in 2019. The Federal Reserve also says its balance sheet reduction program will begin in October.
The Fed was not expected to raise its benchmark interest rate at this week's meeting.
Searches continue for possible survivors of the magnitude 7.1 earthquake that hit central Mexico yesterday. By mid-afternoon, 52 people are rescued while at least 226 people have been killed and another 800 injured.
A powerful earthquake shook central Mexico on Tuesday, killing at least two people, crumbling buildings and sending thousands fleeing into the streets screaming.
Hurricane Maria makes landfall on Puerto Rico as a Category 4 hurricane. Effects are disastrous and the entire island loses power. Seven deaths are reported on Puerto Rico, along with two on Guadeloupe. Puerto Rican Governor Ricardo Rossello declares a 6:00 p.m. to 6:00 a.m. curfew through Saturday.
Hurricane Maria slammed into Puerto Rico on Wednesday as the strongest storm to hit the U.S. territory in nearly 90 years, ripping windows from their fixtures and sending debris hurtling through the streets as it approached the capital, San Juan.
Fifty countries (50) sign the Treaty on the Prohibition of Nuclear Weapons, adopted on 7 July 2017, at the United Nations headquarters in New York City. The world's nuclear-weapon states oppose the measure.
Context: U.N. Prohibition of Nuclear Weapons Treaty, nuclear-weapon states
California Attorney General Xavier Becerra files suit in federal court against U.S. President Donald Trump's proposed plan for a wall along the U.S.-Mexico border.
SACRAMENTO, Calif. (AP) — California's attorney general sued the Trump administration Wednesday over its plan to build a wall along the U.S.-Mexico border, arguing it's oversteppi
Spanish police raid Catalan government offices and arrest Catalan officials as part of the effort to halt a banned referendum on independence. Catalan President Carles Puigdemont says, "The Spanish state has by all rights intervened in Catalonia's government and has established emergency rule."
Spanish police raided Catalan government offices and arrested officials on Wednesday to halt a banned referendum on independence, an action the regional president said meant Madrid had effectively taken over his administration.
Speaking to government workers at the presidential palace in Manila, President Rodrigo Duterte orders police to kill his eldest son, Paulo Duterte, if drug trafficking allegations against him are proven true, and adds that those who carried out the execution would be protected from prosecution.
Rodrigo Duterte has ordered police to kill his eldest son if drug trafficking allegations against him are proven true. The Philippine President added he would make sure those who carried out the execution would be protected from prosecution.
Saudi Arabia will lift a ban on internet phone calls, a government spokesman said, part of efforts to attract more business to the country.
MIT physics professor Daniel Rothman's mathematical formula, published in the peer-review journal "Science Advances", predicts a sixth mass extinction may be set to occur within 10,000 years if by the year 2100 current carbon dioxide emissions are not reduced, and a critical amount of carbon (310 gigatons) is added to the oceans.
In the past 540 million years, the Earth has endured five mass extinction events, each involving processes that upended the normal cycling of carbon through the atmosphere and oceans. These globally fatal perturbations in carbon each unfolded over thousands to millions of years, and are coincident w...