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The 55-year-old economist had been considered for Fed chair during Trump's first term.
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Pressure was building on Iran on Friday as President Donald Trump weighed a military strike on the Islamic Republic while U.S. allies in the region, including Israel and several Arab nations, urged restraint
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President Donald Trump announced conservative economist and former Fed governor Kevin Warsh as his pick to be the new Federal Reserve chairman.
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Border czar Tom Homan has suggested possibly pulling some federal immigration agents out of Minnesota. And, Senate leaders struck a short-term funding deal to keep most of the government running.
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Gold has fallen from recent highs but there are several reasons investors are still finding refuge in the precious metal.
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The prime minister says lifting of travel ban on six MPs and peers vindicates his approach to China, amid criticism.
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President Trump on Friday named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil around the central bank.
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The leaders of both countries have recently visited Beijing seeking to strengthen economic ties, as tensions with the United States rise.
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A federal judge in New York has dismissed the death-eligible counts from Luigi Mangione's indictment.
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The judge dismissed a federal murder charge against the 27 year old.
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The long-anticipated agreement closes a period of intense uncertainty in northeastern Syria after rebel forces led by Ahmed al-Sharaa, who is now the president, seized power in December 2024.
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Journalist Don Lemon has been arrested in connection with an incident several weeks ago in which anti-ICE protesters disrupted a service at a Minnesota church.
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;Resize=(620)) Federal prosecutors can't seek the death penalty against Luigi Mangione in the killing of UnitedHealthcare CEO Brian Thompson, a judge ruled Friday, foiling the Trump administration's bid to see him executed for what it called a "premeditated, cold-blooded assassination that shocked America."
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António Guterres says the international body could run out of money by July due to members' unpaid fees.
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Trump asked Putin to hold off hitting power facilities in Kyiv and other towns, but the Kremlin says the pause on strikes expires Sunday.
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Asia-Pacific markets traded mostly lower after U.S. President Donald Trump said that he will announce his choice for the next Federal Reserve chair on Friday.
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A slow-burning Australian Open looks set for a final weekend flourish after Novak Djokovic takes the limelight once again in Melbourne.
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There is major disruption on all rail services between Euston station and Watford Junction.
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ABC News' Danny New introduces 12-year-old Kennedy Green who will compete this weekend in the Westminster Kennel Club Dog Show with her Pekingese, Lincoln.
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Plus, your Friday news quiz.
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A storm on Saturday is shaping up to be one of the strongest that parts of the South have seen in years. The storm will move through the Northeast on Sunday, but probably with far less snow.
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The US fought IS with the Kurds for years. Now, Donald Trump is siding with Syria's new leader.
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Russia has not confirmed it agreed to Trump's request, but Ukraine's president said he expected Vladimir Putin's promise to be kept.
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Royalty and acting stars were at the London service to pay their tributes to the writer.
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;Resize=(620)) Journalist Don Lemon was arrested in connection with an anti-immigration protest that disrupted a service at a Minnesota church, his lawyer said Friday.
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Novak Djokovic will meet Carlos Alcaraz in the Australian Open final for the chance of winning a 25th Grand Slam title after winning a five-set epic against defending champion Jannik Sinner.
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;Resize=(620)) Israel will reopen the Rafah border crossing on Sunday for people to travel between Gaza and Egypt, the Israeli government agency that co-ordinates civilian policy in Gaza, COGAT, said on Friday.
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President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
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In the beachside state of Goa, officials and oil executives envisioned new energy pacts and multilateral relationships as a counterbalance to Trump's America.
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Sir Keir Starmer's visit to China brought agreements on visas, services, healthcare, green tech and finance.
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Starmer is on a 4-day visit to China this week, the first trip by a British leader in eight years, signaling an attempt at resetting the bilateral ties.
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Apple on Thursday said iPhone sales in the March quarter could be even better than the company's forecast if it could secure enough chips to meet demand.
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President Donald Trump announced Thursday a plan to impose additional tariffs on countries that provide oil to Cuba, declaring a national security emergency.
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;Resize=(620)) Former Illinois sheriff's deputy Sean Grayson was sentenced Thursday to 20 years in prison for fatally shooting Sonya Massey in her home in July 2024. The Black woman had dialed 911 to report a possible prowler outside her Springfield home.
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Up to a foot is possible this weekend in parts of the Southeast and on Cape Cod, with smaller amounts expected for much of the East Coast.
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Democrats and the White House agreed to fund the Department of Homeland Security for two weeks while they negotiate restrictions on an immigration crackdown. Senators said they hoped to vote on the deal on Friday.
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A new executive order declares that Havana constitutes a "national emergency," allowing Trump to levy tariffs on any country that delivers oil to Cuba.
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The Treasury Department announced a general license authorizing U.S. firms to trade Venezuelan oil after Caracas approved a law to improve terms for foreign investors.
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;Resize=(620)) Jan. 29, 2026 | B.C.'s premier calls a meeting between Alberta separatists and Trump officials ‘treason' as Ottawa and the provinces try to unite for U.S. trade talks.
Tracking a young Canadian math whiz-turned-international crypto fugitive. And, how AI-powered breast scanners could help save lives.
Watch The National 9pm EST Sun-Fri
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Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
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In his first international interview, Sasha Troufanov tells the BBC how he thought he would die in captivity after he was taken hostage on 7 October 2023.
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Saks Fifth Avenue's bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster.
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Time is running out for Iran to make a deal, President Donald Trump warned Wednesday, as he urged the Islamic Republic to negotiate on nuclear weapons or face the force of a "massive armada" of American ships."Like with Venezuela, it is, ready, willing, and able to rapidly fulfill its mission, with speed and violence, if necessary," Trump said in a post on Truth Social, adding that the fleet was "moving quickly, with great power, enthusiasm, and purpose."
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The return of the last hostage's remains brings the years-long saga over the fate of the captives, both Israeli and foreign, to a close.
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