Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to

The world’s oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving

SYDNEY Vanuatu's President Nikenike Vurobaravu has rejected a request to dissolve the Pacific Island nation's parliament after political

Senator Tim Scott, the only Black Republican member of the upper chamber, has officially declared himself a candidate for president in next year’s Republican primary election. According to a statement of candidacy filed on Friday with the Federal Election Commission, Mr Scott has designated his official campaign committee as “Tim Scott for America”, with a campaign address in the Palmetto State’s capital, Charleston. Mr Scott, who has served as South Carolina’s junior senator since 2013, was first appointed to his Senate seat by one of his presidential primary opponents, then-South Carolina governor Nikki Haley. He filled a vacancy left by the resignation of Jim DeMint, who left the Senate to lead the Heritage Foundation, a conservative think tank. At the time of his appointment, Mr Scott was the first Black senator to represent a state that had been part of the Confederacy during the American Civil War and the first Black Republican since Massachusetts senator Edward Brooke left the body in 1979. The then-freshman GOP senator retained the seat he’d been appointed to in a 2014 special election and was reelected easily in 2016 and 2022 with at least 60 per cent of the vote in both elections. He has long been considered a rising star in the Republican Party, and was given the honour of delivering the party’s response to president Joe Biden’s inaugural address to Congress in 2021. Mr Scott, whose campaign website has teased a “special announcement” on 22 May, joins a GOP primary field that includes Ms Haley, former president Donald Trump, ex-Arkansas governor Asa Hutchinson and businessman Vivek Ramaswamy. Florida governor Ron DeSantis and ex-New Jersey governor Chris Christie are also expected to officially enter the GOP presidential field in the coming days. Mr Trump, who has retained his preeminent position in the GOP despite being impeached twice by the House of Representatives, losing the 2020 election, inciting a deadly attack on the US Capitol in an effort to remain in power, facing criminal charges in his former home state of New York and his status as a potential defendant in at least two more criminal probes, currently holds a commanding advantage in most polls. Read More Parents of transgender kids seek to block DeSantis ban on gender-affirming care for minors How one North Carolina lawmaker's defection from the Democratic Party upended abortion protections Missouri governor to announce his pick as new St. Louis prosecutor after Kim Gardner resignation

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The United States is now less than a week away from reaching its national borrowing limit, with the Treasury repeatedly warning it could run out of money to pay bills as early as...

MOSCOW (Reuters) -Armenian Prime Minister Nikol Pashinyan's meeting with Azerbaijani President Ilham Aliyev, originally scheduled for late October in Brussels,

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Ana Navarro explained to her followers how Patmos Island is different from Santorini, her previous stop in Greece

BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates "an old friend" and said he hoped they could cooperate in

Jake Paul posted on X that veterans who dedicated their lives to protecting the country must be honored