Teenage boy uses slingshot to save his eight-year-old sister from being kidnapped

A 13-year-old boy saved his little sister from a kidnapping by using his slingshot to fight off the attacker. Owen Burns took aim from a window when he heard the eight-year-old scream outside their house in Alpena Township, northern Michigan. He initially thought she was “messing around” with friends, but threw down his video game […]

George Santos: US Republican politician charged with fraud, money laundering and theft

The 34-year-old US politician has been charged on 13 counts including seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two counts of making materially false statements to the House of Representatives, according to the Justice Department. Santos, who has resisted calls to resign for lying […]

US banks blame ‘abusive trading practices’ for crisis of confidence

The main lobby group for US banks has appealed for regulators’ help to close the door on the crisis of confidence ripping through shares in a growing number of the country’s lenders. The American Bankers Association (ABA) used a letter to the Securities and Exchange Commission (SEC) to accuse so-called short sellers of bringing otherwise […]

What is Arexvy? US approves first vaccine for RSV after decades of attempts

The US has approved the first vaccine for respiratory syncytial virus (RSV) for people aged 60 and over. On Wednesday the Food and Drug Administration (FDA) approved the use of Arexvy in the country. The vaccine is said to protect older adults against the respiratory virus. Now the Centers for Disease Control and Prevention (CDC) […]

US interest rates rise higher despite continued banking turmoil

The Federal Reserve – the US central bank, known as the Fed – has increased interest rates for the 10th time in a row despite the continued worst banking turmoil since the global financial crash. The rate has been increased by 0.25 percentage points again in the Fed’s continued effort to bring down inflation, which […]

US rate hike expected despite crisis of confidence after third bank failure

The US central bank is widely expected on Wednesday to raise its main interest rate for the tenth consecutive month in the continuing battle against inflation, despite worries over the impact on bank balance sheets. While higher interest rates are generally good news for bank earnings, the Federal Reserve’s aggressive pace of rate rises in […]