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Fair housing organizations filed a lawsuit Wednesday over a federal rule change that they say would reverse decades of lending protections and open the door to discrimination against Black people, Latinos and other minorities. The federal lawsuit, filed in Washington, D.C., takes aim at a change made earlier this year by the Consumer Financial Protection Bureau to the Equal Credit Opportunity Act, which bars lenders from discriminating against credit applicants. […]

WASHINGTON (AP) — Jill Biden feared her husband was having a stroke as she watched then-President Joe Biden stumble through a disastrous debate performance that led to the end of his 2024 reelection campaign, the former first lady said in a recent interview. “I was frightened, because I had never ever seen Joe like that before or since. Never,” Jill Biden told CBS News in an interview scheduled to air […]

By Michael S. Derby May 27 (Reuters) – Federal Reserve Vice Chair Philip Jefferson said on Wednesday that the current setting of monetary policy is in the right place amid ongoing upside risks to the inflation outlook. The current setting of the federal funds target rate range, at between 3.5% and 3.75%, leaves the central bank “well positioned to respond to economic developments based on the incoming data, the evolving […]

By Dietrich Knauth NEW YORK, May 27 (Reuters) – The U.S. Justice Department has charged a Google software engineer with using insider information to rig bets tied to Google’s most-searched list on prediction market Polymarket, earning $1.2 million in profits, according to a complaint unsealed on Wednesday. Michele Spagnuolo, a 36-year-old Italian citizen, allegedly used insider information to bet on long-shot candidates like indie pop musician D4vd, who appeared on […]

SINGAPORE, May 28 (Reuters) – U.S. crude futures rose more than $1 on Thursday to above $90 a barrel after the U.S. military carried out new strikes on an Iranian military site while peace talks between Washington and Tehran are underway. West Texas Intermediate crude futures rose $1.42, or 1.6%, to $90.10 a barrel by 2328 GMT, after settling down 5.55% in the previous session. (Reporting by Florence Tan; Editing […]

By Nolan D. McCaskill and Richard Cowan WASHINGTON, May 27 (Reuters) – Texas Attorney General Ken Paxton decisively defeated longtime Senator John Cornyn in Tuesday’s Republican runoff for U.S. Senate, handing President Donald Trump a high-profile victory and giving Democrats the matchup they had long preferred in Texas. While the result was a personal win for Trump, who endorsed Paxton at the 11th hour, it risks endangering Republicans’ narrow Senate majority. […]

Tiger Woods, who hasn’t competed in a major tournament or even a competitive event at all since 2024, made his absence at all of this season’s majors official by failing to submit an entry for the Open Championship. Woods is not eligible to compete at the U.S. Open next month, but he did have an exception to compete at the Open. He had previously openly discussed the possibility of returning […]

GARDEN GROVE, Calif. (AP) — For many Southern California residents who were evacuated after a chemical tank overheated, the relief of finally being allowed to return home has been overshadowed by lingering fears of living near the aerospace plant that has faced problems. A valve on the tank’s cooling system failed and forced 50,000 people to evacuate in and around the Orange County city of Garden Grove last week as […]

NEW YORK (AP) — FIFA is under fresh scrutiny for sky-high World Cup ticket prices and sales tactics that fans say left them with worse deals than they wanted. The attorneys general in New York and New Jersey, which is hosting eight World Cup matches including the final, announced Tuesday that they are investigating whether FIFA’s ticketing practices violated consumer protection laws. They have sent subpoenas to soccer’s global governing […]