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Fed Holds Rates, Warsh Signals Hikes Ahead as Markets Slide, June 20
Fed holds rates steady but signals likely hikes in 2026. Chair Warsh’s hawkish stance and higher inflation forecasts spark market selloff.
Labor Retreats on Testamentary Trust Tax Changes, June 21
Labor retreats on testamentary discretionary trust tax changes after investor backlash, carving out exemptions for genuine trusts.
Stock Market Rallies on Tech Gains, Iran Peace Deal, June 20
S&P 500 rises 1.1%, Nasdaq surges 1.9% on tech gains and Iran peace deal. Oil falls 13% as Strait of Hormuz reopens.
KLM Boeing 777 Returns to Amsterdam After Oil Leak Emergency, June 20
KLM Boeing 777-300ER Flight KL791 from Amsterdam to São Paulo declared emergency over suspected oil leak, returned safely to Schiphol on June 20.
Trump Unveils Qatar-Gifted Boeing 747 as New Air Force One, June 20
Trump’s interim Air Force One: Qatar-gifted Boeing 747 with new livery bridges gap until 2028 Boeing deliveries.
Serious Fire Engulfs Middlesbrough Shop on Linthorpe Road, June 20
Eight fire engines tackle serious fire at Middlesbrough takeaway on Linthorpe Road. Emergency services respond with cordon in place.
German Police Arrest Two Men in A73 Chase, Elderly Victims Lose €100,000 to Scammers
German police arrested a Ukrainian man in phone fraud and two suspects in an A73 chase. Elderly victims lost €100,000 to scammers.
Meloni Calls Trump’s G7 Photo Claim Fabricated, June 20
Meloni accuses Trump of fabricating a story about begging for a photo at the G7 summit. Italian Foreign Minister cancels US trip in protest.
Nigerian Court Jails Man for Storing Human Waste, June 20
Nigerian court sentences man to 14 days jail and 100,000 naira fine for storing human waste outside home in Kano, posing health risks.