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Warsh wins confirmation as Fed chair, with inflation on the march

NEW YORK, May 13 (Reuters) - The U.S. Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of ...
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US upstream oil and gas dealmaking hit two-year high in Q1 2026

By Georgina McCartney HOUSTON, May 13 (Reuters) - Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said ...
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KKR-backed ambulance giant GMR valued at $3 billion as shares fall in NYSE debut

May 13 (Reuters) - Emergency medical services heavyweight GMR Solutions was valued at $3.01 billion after its shares fell 10% in its New York Stock Exchange debut on Wednesday, adding to a string of subdued listings in recent weeks. The ...
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Makary exit may temporarily lift biotech sentiment but FDA leadership vacuum looms

By Christy Santhosh May 13 (Reuters) - U.S. Food and Drug Administration Commissioner Dr. Marty Makary's departure comes as a positive move after a period of turmoil in the biotech sector, but until a permanent replacement is found, the industry ...
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Mexican national sentenced in major Middle East-Mexico-Arizona smuggling scheme

(The Center Square) - Another Mexican national has been sentenced for her role in a massive Middle East-Mexico-US human smuggling operation, this time in Arizona. The sentencing came as five illegal foreign nationals were indicted in a human smuggling ...
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Inflation jumps to its highest level in three years

(NEW YORK) -- Inflation rose for a second consecutive month as the U.S.-Israeli war with Iran continued to send gasoline prices surging in April, government data on Tuesday showed. The inflation report matched economists' expectations.Prices rose 3.8% in April ...
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Newly discovered asteroid will make a close, but safe, encounter with Earth

(NEW YORK) -- A newly discovered asteroid will pass within about 56,000 miles of Earth on Monday, significantly closer than the distance between Earth and the moon.There is no need to worry or cancel any plans, however. Current calculations ...
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Alex Murdaugh murder convictions overturned by South Carolina Supreme Court

(NEW YORK) -- The South Carolina Supreme Court has overturned the murder convictions of Alex Murdaugh, who was found guilty of killing his wife and younger son, finding that the court clerk's "improper external influence" on the jury denied ...
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Trump administration freezes new Medicare enrollments for hospice and home health agencies

NEW YORK (AP) - The Trump administration said Wednesday it is expanding its sweeping fraud-busting initiative in federal health programs with a nationwide six-month freeze on any new Medicare enrollments by hospice and home health agencies. The moratorium will temporarily ...
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FDA chief’s resignation widens a leadership gap at the nation’s health department

WASHINGTON (AP) - When the week began, several senior positions at the U.S. Department of Health and Human Services were already sitting empty. There was no Senate-confirmed U.S. surgeon general. The head of the National Institutes of Health was ...
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Palestinian man shot dead while climbing West Bank barrier into Israel in search of work

RAMALLAH, West Bank (AP) - Palestinian authorities said that Israeli police have shot and killed a Palestinian man as he attempted to climb the concrete barrier separating the occupied West Bank from Jerusalem. The Palestinian Health Ministry and the Palestinian ...
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US and China seek to repair damage from tariff war that sent trade into a freefall

WASHINGTON (AP) - During a tumultuous 2025, the United States and China proved how much they could hurt each other in a trade war. Now Presidents Donald Trump and Xi Jinping are meeting in Beijing to repair some of ...
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