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The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this year, according to notes from the Federal Reserve's March policy meeting, released on Wednesday.

As Brazilian president Luiz Inacio Lula da Silva arrives in China today, his visit marks Brazil's return to the diplomatic stage among the Global South -- but also reveals a growing distance from geopolitical questions preoccupying the West.

On the grounds of the Al-Aqsa complex, one of the most revered places in Islam and Judaism, a delicate balance that governs this holy site is under strain.

Relatives were still recovering the charred bodies and limbs of victims killed in military airstrike on a village in central Myanmar Wednesday, a day after the deadliest attack in the country since the junta seized power in a coup two years ago.

Two of Indonesia's biggest soccer teams Arema FC and Persebaya Surabaya played behind closed doors Tuesday in their first meeting since the deadly stadium disaster that killed more than 130 people in October.

Paul Templer was living his best life.

Forget the banking crisis — Main Street's retail investors have barreled into embattled bank stocks. It looks like nothing tempts people to bet on an industry more than bargain prices, even if they're caused by the fear of imminent collapse.

Japan on Tuesday announced plans to develop and build an array of advanced long-range missiles as it bolsters its defenses amid increasing tensions with neighboring China.

A major cyclone is intensifying off the coast of Western Australia with warnings that it could be the most powerful storm to make landfall in the area in more than a decade.

One day after China simulated "joint precision strikes" on Taiwan during military exercises around the island, Taiwan's Foreign Minister Joseph Wu condemned Beijing's actions in an exclusive interview with CNN and warned that "they seem to be trying to get ready to launch a war against Taiwan."

In 1998, Michael Jordan laced up a pair of his iconic black and red Air Jordan 13s to bring home a Bulls victory during Game 2 of his final NBA championship — and now they are the most expensive sneakers ever to sell at auction. The game-winning sneakers sold for $2.2 million at Sotheby's in New York on Tuesday, smashing the sneaker auction record of $1.47 million, set in 2021 by a pair of Nike Air Ships that Jordan wore earlier in his career.

Colombian police are investigating an acid attack perpetrated against a human rights activist, Lilia Patricia Cardozo, in the country's northwestern Boyaca region, according to the city's council.

The banking crisis could help the Federal Reserve's fight to bring down inflation, but the central bank needs to be "cautious" in its actions moving forward, Chicago Fed President Austan Goolsbee said Tuesday.

US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions.

At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not slow down as much as they had feared. Positive developments included China's reopening, signs of resilience in Europe and falling energy prices.

Starbucks is betting big on olive oil infused coffee, hoping customers will be enticed by the anomaly and the health benefits of extra virgin olive oil.

The Italian Coast Guard is escorting a boat carrying 400 migrants in the Mediterranean Sea, according to the volunteer-run service Alarm Phone, which received the boat's distress call on Sunday.

Cineworld's stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to reorganize its business and shareholders would not recover any of their funds.

The United Nations has instructed all of its personnel in Afghanistan to stay away from its offices in the country, after the Taliban banned Afghan women from working with the organization.

Around 100 people, including women and children, have been killed after Myanmar's military junta bombed the Kant Balu township in the Sagaing region on Tuesday, according to the shadow government of the ousted administration.