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Why the Federal Reserve is lifting rates now, and what it means11:32 About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%11:32 Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7% The king and AI: UK monarch Charles meets artificial intelligence leaders as safety concerns swirl11:32 King Charles III has urged AI leaders to keep artificial intelligence under control and beneficial for people and the planet Stocks advance after Bessent says talks with China were successful before Trump-Xi meeting9:23 Asian shares are mostly advancing as investors monitor updates ahead of the expected meeting between U.S. President Donald Trump and Chinese leader Xi Jinping this week in Washington Germany's Merz faces struggle after humiliating regional election defeat8:19 German Chancellor Friedrich Merz faces a struggle to stabilize his position and keep his agenda on track after voters inflicted two more defeats on his party, ejecting it from a state legislature for the first time As Russian strikes destroy millions of books, Ukraine's literary future in peril8:19 Ukraine’s book industry is facing its worst crisis yet, driven by targeted Russian attacks on publishing infrastructure Converse apologizes and pulls sneaker ad that critics said included racist imagery1:55 Converse has removed a social media ad after backlash over an image critics said evoked racist symbols Macron and Carney to hold talks on strengthening Canada-France economic and defense ties19:01 French President Emmanuel Macron and Canadian Prime Minister Mark Carney are meeting to deepen economic and security ties on the North Atlantic archipelago of Saint-Pierre-et-Miquelon Bolivia's Congress approves $1.9 billion IMF deal, triggering threats of unrest19.září In a key victory, Bolivia’s conservative government has secured lawmakers’ backing for a major international loan as unions threaten fresh protests |