The Federal Reserve is preparing to loosen some capital requirements for the largest U.S. banks, a shift that would ease constraints on how much loss-absorbing funding major lenders must hold against their assets and trading activities. The move is being developed by federal banking regulators, led by the Fed, and is expected to focus on…
One person was killed and two others were injured in a shooting at Old Dominion University in Norfolk, Virginia, according to campus police and multiple published reports. Authorities said the gunman also died after the incident. The shooting occurred on Old Dominion University’s campus. Campus police reported one victim died and two people were injured….
A U.S. military refueling aircraft crashed in Iraq, and a rescue operation is underway, U.S. officials said. The aircraft went down in Iraq in what was described as “friendly airspace,” according to published reports citing the U.S. military. The crash prompted an immediate response as crews worked to locate and assist those involved. Multiple outlets…
An assailant was killed after an “active shooter situation” at a synagogue in suburban Detroit, Michigan, authorities said. Officials reported that no children or staff members at the synagogue were injured. The incident happened at Temple Israel in West Bloomfield, a Detroit-area suburb. A sheriff described a chaotic scene in which the individual drove a…
One person was killed and two others were injured in a shooting at Old Dominion University in Norfolk, Virginia, and the suspected gunman also died, according to police and published reports. Law enforcement sources have identified the suspect. The shooting unfolded on or near the Old Dominion University campus, prompting an immediate police response and…
A shooting at Old Dominion University in Norfolk, Virginia, left two people injured and the gunman dead, according to published reports. The incident occurred on the university’s campus and prompted an emergency response. Reports identified the location as Constant Hall at Old Dominion University. Multiple outlets also reported that one victim died, in addition to…
The U.S. Navy will begin escorting vessels through the Strait of Hormuz as soon as it is “militarily possible,” U.S. Treasury Secretary Scott Bessent said in an interview with Sky News, addressing shipping safety in one of the world’s most strategic waterways amid the Iran war. Bessent’s comments, reported by Sky News and carried by…
Washington lawmakers are moving closer to creating a new income tax aimed at the state’s highest earners, after the state House approved a proposal commonly described as a “millionaires tax.” The bill now heads to the Senate, where it will face further debate and a confirmation vote. The House action followed an extended floor debate…
Bumble is preparing to launch an AI dating assistant called “Bee,” expanding its app with new tools aimed at helping users navigate the dating process. The assistant, branded as Bee, is tied to a broader AI dating experience Bumble is testing. Recent reports describe the company’s plans as a shift toward a more guided, AI-supported…
A shooting at Old Dominion University in Virginia left two people injured and the gunman dead, according to published reports. The incident prompted an immediate law enforcement response on and around the campus. Reports from multiple outlets said the two injured people survived and were taken for medical care. The gunman was reported dead at…
Iran has carried out attacks targeting commercial ships, Dubai’s airport and oil facilities in the Gulf region, a sharp escalation that comes as economic concerns mount inside the country and as international pressure grows for Tehran to halt strikes on its neighbors. The attacks have focused on key nodes of global commerce and energy: shipping…
Rivian’s upcoming R2 electric vehicle will begin deliveries this spring with a launch model priced around $58,000, setting the starting point for what the company has described as a more affordable next step in its lineup. The initial R2 variant is expected to carry a price tag of $58,000, according to recent reports. Bloomberg pegged…