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By Pete Schroeder WASHINGTON, May 20 (Reuters) – The U.S. Federal Reserve proposed Wednesday adopting a new, more limited form of a payment account that would allow firms like fintechs the ability to move money across the Fed’s payment rails without enjoying all the backstops available to traditional banks. In a statement, the Fed said the proposed accounts would not include access to intraday credit or the Fed’s discount window, […]

CAPE CANAVERAL, Fla. (AP) — Neptune’s far-flung moon Nereid may be the last of the planet’s original companions that managed to survive a cosmic crash, scientists reported Wednesday. Sixteen known moons circle Neptune, our solar system’s eighth and most distant planet. Neptune’s biggest moon, Triton, barged in from the solar system’s frigid outskirts billions of years ago, scattering the planet’s original moons and putting them on destructive collision courses. A […]

MONTGOMERY, Ala. (AP) — US Rep. Barry Moore and former Navy SEAL Jared Hudson advanced to a runoff on Wednesday for the Republican nomination for the open U.S. Senate seat in Alabama. Moore is a three-term congressman endorsed by President Donald Trump and Hudson is a political newcomer. Moore said the state deserves a “Trump conservative” in the Senate, while Hudson has promised to be “a warrior for President Trump’s […]

ROME (AP) — A calendar featuring close-ups of young, handsome men in priestly attire has been a perennial Rome souvenir for the last two decades — but few, it seems, are actually men of the cloth. Giovanni Galizia has been the cover shot for the so-called sexy priest calendar for many of the last 23 editions. In the same photo used year after year, Galizia wears a clerical collar and […]

MEXICO CITY (AP) — With the 2026 FIFA World Cup less than a month away, thousands of passengers arriving at Mexico City’s Benito Juárez International Airport are greeted by a chaotic construction site of buzzing drills, scattered pipes and unfinished flooring. The construction work coexists with hundreds of posters promoting the soccer tournament, as well as large-scale figures of soccer balls and trophies, which help passengers forget the inconveniences caused […]

WASHINGTON (AP) — A former federal prosecutor in Miami is facing federal charges over allegations that she sent to her personal email account a report that a judge had ordered to be kept secret detailing Jack Smith’s investigation into President Donald Trump’s hoarding of classified documents, according to court papers unsealed Wednesday. Carmen Lineberger, who worked in the U.S. attorney’s office for the Southern District of Florida and managed its […]

BOSTON (AP) — At Harvard University, earning straight A’s is about to get harder. Harvard’s Faculty of Arts and Sciences announced Wednesday that it would limit the number of A grades awarded to undergraduates, adopting one of the most ambitious efforts by a major university to curb grade inflation. The decision was made by faculty vote earlier this month. The move comes after top grades became so common that some […]

WASHINGTON (AP) — Democratic senators plan to force a vote this week on President Donald Trump’s new $1.776 billion settlement fund to compensate political allies, testing Republican unity as Trump lashes out at lawmakers in his own party. Republicans are expected to vote on a roughly $72 billion bill to restore funding to U.S. Immigration and Customs Enforcement and the Border Patrol after Democrats blocked the money for months. But […]

WASHINGTON (AP) — Wednesday’s U.S. indictment of former Cuban President Raúl Castro is the latest salvo in the Trump administration’s months-long pressure campaign against the Caribbean island’s socialist-controlled government. Castro was charged for his alleged role in the 1996 shootdown of two planes operated by the Miami-based exile group Brothers to the Rescue. Castro was defense minister at the time. President Donald Trump has been escalating talk on regime change […]