Author: DispatchTimes News Desk

The US Federal Reserve has raised interest rates by a quarter of a percentage point, its first increase in more than three years, as persistent inflation and soaring fuel prices continue to weigh on the economy. The central bank said on Wednesday that its benchmark rate would move to a range of 3.75% to 4%. The decision comes weeks before the US midterm elections and despite repeated calls from President Donald Trump for borrowing costs to be reduced. In a statement, the Fed said economic activity was expanding “at a solid pace” and that domestic spending had remained resilient, although…

A veteran Capitol Police officer who helped repel the attack on the US Capitol on January 6 2021 has filed a discrimination lawsuit alleging that she was denied senior promotions as part of an effort to roll back racial and gender diversity within the force. Carneysha Mendoza, a Black woman and Army veteran, claims in a complaint lodged in Federal District Court in Washington that she was overlooked for the post of deputy chief and three assistant chief positions despite 24 years’ service and supervisory experience across four of the department’s six bureaus. She alleges that the department is “engaged…

The Federal Reserve has raised its key policy rate by 25 basis points, marking its first increase since 2023. The move was widely expected, while the Fed indicated that it sees scope for one further rate rise this year.

Patrick Clancy is set to give a televised interview on 60 Minutes, after testifying in defence of his former wife, Lindsay Clancy, during her murder trial. The CBS programme released a preview showing members of its team preparing Patrick for the interview. He is then seen sitting down before the teaser cuts to black. The broadcast was promoted with the caption: “Patrick Clancy. This Sunday. Only on 60 Minutes.” The interview comes after Lindsay Clancy’s case attracted widespread attention and prompted unsubstantiated online theories accusing Patrick of killing the couple’s three children and framing Lindsay. Patrick’s lawyer has threatened legal…

Tottenham midfielder Lucas Bergvall could eventually command a transfer fee of up to £80 million after committing his future to the north London club, according to former Premier League executive Keith Wyness. The 20-year-old Sweden international recently signed a new contract after attracting interest during the summer transfer window. Tottenham are understood to have rejected a £46 million offer from Newcastle United before securing the midfielder’s longer-term future. Lucas Bergvall contract strengthens Tottenham’s position Wyness believes the new agreement could significantly increase Bergvall’s potential value and give Spurs greater leverage should other clubs return for him in the coming years.…

Philadelphia police are due to provide a fresh update on the investigation into an Olney home linked to five missing women, Eugene Horsch and his late father, Raymond “R.C.” Horsch. Police Commissioner Kevin Bethel is expected to outline new findings at a press conference at 3pm on Wednesday, September 16, after investigators spent weeks examining material recovered from the property on West Chew Avenue. The inquiry began on June 19, when a federal park ranger stopped a black BMW near Independence Mall. Horsch, 44, was arrested after investigators found fake federal credentials and a passenger carrying identification belonging to Blair…

European Commission president Ursula von der Leyen has proposed opening the way for Canada to become the European Union’s first associate member, as the bloc seeks stronger alliances in an “openly hostile world”. Her announcement prompted a standing ovation from members of the European Parliament and was followed by an embrace with Canadian Prime Minister Mark Carney, who was attending her annual State of the Union address in Strasbourg. “I said we must urgently reimagine our partnerships. So, I would like to work with you on opening the door for Canada to be the first associate member of the EU,”…

Three people have died in a Swiss Alps plane crash after a small single-engined aircraft struck a mountainside near the resort of Leukerbad in south-west Switzerland. The aircraft collided with the northern slope in the Fluhalp area on Tuesday, Valais cantonal police said. All three people on board were killed, and authorities were working to identify them. Emergency crews sent three helicopters and two rescue specialists to the crash site after residents reported seeing smoke rising in the area. The plane had taken off from Lugano, in Switzerland’s Italian-speaking canton of Ticino, and stopped in the Valais city of Sion…

Continental Resources has announced a preliminary deal to drill for oil in Venezuela, making Harold Hamm’s company the latest American producer to pursue opportunities in the country’s vast reserves. The Oklahoma City-based company signed an agreement with Venezuela’s state oil company, Petróleos de Venezuela, to develop and operate the 126,000-acre Ayacucho 2 Block in the oil-rich Orinoco Belt. The deal was announced in Houston during a meeting of energy ministers from the Group of 20 nations hosted by the US government. It is separate from an agreement announced by the Trump administration last month. Chevron, which already operates in Venezuela,…

Ashnikko has posed in revealing lingerie in a striking new photograph, putting the singer and rapper’s figure on display. The artist is known for the 2019 single “Stupid”, which went viral on TikTok. Ashnikko also co-wrote “Boss Bitch” for Doja Cat. She has previously opened for Billie Eilish, adding to her profile as a performer and songwriter.