kslmadmin

By Michael S. Derby NEW YORK, May 27 (Reuters) – The Federal Reserve’s in-house watchdog said on Wednesday it’s looking into how the U.S. central bank’s Board of Governors reappoints the regional Fed presidents and their deputies to respective five-year terms. The Inspector General said in a press release that it was assessing if the Washington-based board’s process “to approve the reappointment of Reserve Bank presidents and first vice presidents […]

President Donald Trump plans to pull up a seat at Madison Square Garden during the NBA Finals as a guest of Knicks owner James Dolan. Trump said he was invited to attend Game 5 of the Eastern Conference finals but New York ended the series in a four-game sweep of the Cleveland Cavaliers on Monday before he had the chance to accept Dolan’s invite for a game that would have […]

Following their first playoff appearance since 2023, the Atlanta Hawks promoted general manager Onsi Saleh to president of basketball operations on Wednesday. Saleh, 40, who joined the Hawks in May 2024 as assistant GM and was promoted to GM in April 2025, signed a long-term contract extension. “I have such tremendous gratitude for the trust and partnership that the Resslers have shown me since my first day in Atlanta,” Saleh […]

By Ann Saphir May 27 (Reuters) – Federal Reserve Governor Lisa Cook on Wednesday said she feels the U.S. central bank should hold short-term interest rates steady for now but, with tariffs, the Iran war and a surge in AI-related investment pushing prices higher, she is prepared to hike rates if needed. “I see elevated risks to both sides of our mandate, and from a risk-management perspective, I currently believe […]

By Shrivathsa Sridhar PARIS, May 27 (Reuters) – Iga Swiatek stayed cool in sweltering conditions while Novak Djokovic was given a stern test before reaching the third round of the French Open, but Elena Rybakina was unable to avoid an early exit on Wednesday. Rome champion Elina Svitolina continued to mark herself out as a genuine title contender with a 6-0 6-4 victory over Kaitlin Quevedo on Court Philippe Chatrier, […]

By Andrew Osborn and Lucy Papachristou MOSCOW, May 27 (Reuters) – Russia said on Wednesday it had warned Armenia it would suspend or terminate the supply of cheap oil, gas and rough diamonds to the South Caucasus country if Yerevan pressed ahead with its bid to join the European Union. Moscow issued the warning ahead of a parliamentary election on June 7 with opinion polls giving the Civil Contract party […]

By Isla Binnie NEW YORK, May 27 (Reuters) – Investment firm Carlyle sees limitless opportunity to invest in the defense sector as governments globally hike military spending, Chief Executive Harvey Schwartz said on Wednesday. The total addressable market for a new dedicated unit that the firm set up to invest in that sector “is unlimited, because everywhere you go everybody’s increasing their defense budgets by 1%, 2%, 5%,” Schwartz said. […]

GREEN BAY, Wis. (AP) — Green Bay Packers running back Josh Jacobs was released from a Wisconsin jail while authorities further investigate allegations of domestic abuse. Jacobs was arrested Tuesday in Brown County on allegations of strangulation and suffocation and other offenses over the weekend. His lawyers said he denies wrongdoing. District Attorney David Lasee said it’s too soon to make a formal charging decision. “Our office has requested additional […]

Sure, folks discuss the weather a lot, especially in Britain. Still, it’s hard to imagine that a quiet chat about the weather — and why it isn’t boring — could be an emotional high point of a feature film. Especially when that film is about World War II, one of the most cinematic subjects in history. But that’s before you watch Andrew Scott, who could make the phone book sound […]