Petersburg Post Home

The Petersburg Post



US   MARKETS  
Fed signals rate cut pause as central bank prepares for Donald Trump showdown | Money News
- The Federal Reserve takes US borrowing costs down to a near-three year low, but says it's now taking a more cautious approach - a switch that is unlikely to please the White House. The US central bank has signalled a pause in interest rates cuts demanded by the president as it grapples pressures from both elevated inflation and a weak jobs market. The Federal Reserve, which has a dual mandate to promote stable ...

Source: news.sky.com
US   BUSINESS  
Secure AI integration: Can tech achieve true resilience
- Can AI scale without breaking trust? How HPE and SHI are redesigning resilience Can the technology industry really achieve secure AI integration? This is the central question being asked in organizations around the world as AI adoption continues to march steadily forward. Sensitive records are moving through multimodal AI systems and applications are becoming more autonomous with agentic AI. Trust, compliance and ...

Source: siliconangle.com
US   POLITICS  
Supreme Court weighs further loosening campaign finance limits
- The Supreme Court on Tuesday wrestled over whether to lift limits on how much political parties can spend in cooperation with candidates. The case could significantly shift the balance of political power between the parties and outside groups such as Super PACs. Republican leaders are asking the court to remove limits on how much parties can spend in coordination with federal candidates on items such as ...

Source: abajournal.com
US   POLITICS  
U.S. seizes oil tanker off the coast of Venezuela, escalating tensions
- Washington — The U.S. has seized a large oil tanker off the coast of Venezuela, officials said Wednesday, escalating tensions between the two countries . President Trump said he assumes the U.S. will keep the oil.  Bloomberg first reported the oil tanker seizure. Mr. Trump announced the seizure during a roundtable meeting at the White House, saying the tanker was "seized for a very good reason."  ...

Source: cbsnews.com
US   POLITICS  
Judge orders release of 'voluminous' records in Ghislaine Maxwell case
- NEW YORK—A federal judge on Tuesday ordered the public release of potentially hundreds of thousands of pages of documents from the case against Ghislaine Maxwell, saying that access to the records is required by the Epstein Files Transparency Act, which Congress approved last month. U.S. District Judge Paul Engelmayer said the new law covers grand jury testimony as well as "voluminous" other records from the ...

Source: abajournal.com
US   POLITICS  
2 Democrats, 2 strategies: Texas Senate race shows party split on Trump-focus in midterm elections
- WASHINGTON (AP) — A Dallas congresswoman opened her Senate campaign by telling voters that she "has gone toe to toe with Donald Trump." Her Democratic primary opponent insisted that Americans are tired of "politics as a blood sport." The divergent approach highlights how U.S. Rep. are navigating a race where Democrats hope to break a three-decade losing streak in Texas. It also reflects a broader divide ...

Source: news.yahoo.com
US  
Trump administration moves to end the SAVE plan for millions of student borrowers
- The Trump administration has reached an agreement that could end President Biden's signature student loan repayment plan, a move that may force millions of borrowers back into repayment. The Education Department on Tuesday announced a proposed settlement with the state of Missouri that it said would terminate the Saving on a Valuable Education, or SAVE, plan, an income-driven repayment plan that tabulates loan ...

Source: cbsnews.com
WORLD   POLITICS  
Zelensky offers to hold elections in 3 months, with Western security
- Dec. 10 (UPI) -- Ukrainian President Volodymyr Zelensky said Ukraine could hold elections within the next three months in response to allegations by U.S. President Donald Trump that Kyiv was using the war as an excuse to stay in power. Speaking to reporters Tuesday evening, Zelensky said he was ready for elections and would seek to hold them on condition that the United States and other allies provided guarantees ...

Source: upi.com
Australian PM issues warning over under-16s social media ban | World News
- The ban comes as new Ofcom figures show 70% of UK 11 to 17-year-olds saw or heard harmful content online over a four-week period. Australia's prime minister has warned that implementing the country's new social media ban for children under 16 – which came into force on Wednesday - will be difficult. Parents across Australia are reported to have found their children distraught after discovering they had been ...

Source: news.sky.com
US   POLITICS  
Senate Republicans Unveil Counter-Proposal to ACA Extensions
- Home » » WASHINGTON – Republican Sens. Mike Crapo and Bill Cassidy unveiled a bill that would deposit $1,000 to $1,500 into health savings accounts for qualifying customers. The proposal aims to be an alternative to the extension of the Affordable Care Act . Subsidies granted during the COVID-19 pandemic for the Affordable Care Act , also known as "Obamacare," expire this month. Americans will ...

Source: floridianpress.com
Parent of student charged in shooting that killed teen at Kentucky State University
- FRANKFORT, Ky. (AP) — A parent of a Kentucky State University student has been charged with murder in an on campus shooting that killed one student and critically injured another. Jacob Lee Bard was at the school's campus in Frankfort on Tuesday and fired shots at the victims at a residence hall, police said in a statement. Investigators said the shooting was isolated, but they have not publicly shared ...

Source: aol.com
US   POLITICS  
Exclusive-US threatens new ICC sanctions unless court pledges not to prosecute Trump
- WASHINGTON, Dec 10 (Reuters) - President Donald Trump's administration wants the International Criminal Court to amend its founding document to ensure it does not investigate the Republican president and his top officials, a Trump administration official said, threatening new U.S. sanctions on the court if it did not. If the court does not act on this U.S. demand and two ​others - dropping investigations of ...

Source: news.yahoo.com
BUSINESS  
After Microsoft's $17.5B commitment, now Amazon doubles down on India: Announces a massive $35B investment by 2030 - The
- NEW DELHI: In what will perhaps be India's single-biggest foreign investment inflow, American e-commerce and tech giant Amazon on Wednesday committed a mega $35 billion to boost its operations in the country as it adds to the $40 billion-plus it has already put into the market since 2010. The new funds will be invested by 2030, and were announced a day after another American tech giant, Microsoft, committed a $17.5 ...

Source: timesofindia.indiatimes.com
US   POLITICS  
Miami election was a 'shot in the arm' for Dems but careful calling it a comeback
- Opinion articles provide independent perspectives on key community issues, separate from our newsroom reporting. Miami election was a 'shot in the arm' for Dems but careful calling it a comeback | Opinion By the Miami Herald Editorial Board The analysis and punditry of the results of Miami's Tuesday night election started even before Eileen Higgins, a Democrat, won the mayoral race. There's no doubt this was a good ...

Source: miamiherald.com
US  
Judge blocks Trump administration's deployment of national guard troops in Los Angeles
- Judge ordered the guard, deployed to the city in June, returned to the control of the California governor A US judge on Wednesday morning blocked the deployment by the federal government of national guard troops in Los Angeles and ordered the guard returned to the control of the California governor, a court filing showed. The Trump administration is being challenged in federal court over its authority and rationale ...

Source: theguardian.com
WORLD  
Thailand-Cambodia border clashes enter third day as 500,000 flee fighting
- Fighting between Thailand and Cambodia has continued for a third day, with cross-border shelling and air raids forcing more than half a million civilians to flee their homes and seek shelter, according to authorities. Officials from the two Southeast Asian neighbours on Wednesday also accused each other of restarting the conflict that has killed at least 13 soldiers and civilians so far this week and led more than ...

Source: aljazeera.com
Florida governor designates CAIR as foreign terrorist organization
- News Florida governor designates CAIR as foreign terrorist organization Florida Governor Ron DeSantis on Monday signed an executive order designating the Council on American-Islamic Relations (CAIR) as a foreign terrorist organization. The executive order, an unprecedented step at the state level, cites a supposed connection between the Muslim Brotherhood and CAIR as the primary justification for the designation. ...

Source: jurist.org
SCIENCE  
Humans made fire 350,000 years earlier than previously thought, discovery in Suffolk suggests
- Groundbreaking find makes compelling case that humans were lighting fires much earlier than originally believed Humans mastered the art of creating fire 400,000 years ago, almost 350,000 years earlier than previously known, according to a groundbreaking discovery in a field in Suffolk. It is known that humans used natural fire more than 1m years ago, but until now the earliest unambiguous example of humans lighting ...

Source: theguardian.com
US  
OCC Enables Banks to Act as Crypto Brokers
- Banks can now match crypto buyers and sellers through riskless principal trades The Office of the Comptroller of the Currency (OCC) has confirmed that banks will be allowed to act as intermediaries on crypto transactions. The regulator has issued updated guidance stating that banks can take part in crypto transactions without facing additional regulatory scrutiny. These deals, which are already common in ...

Source: bankingexchange.com
US   POLITICS  
Court blocks Trump's ban on wind power, but other anti-renewable policies remain
- President Donald Trump's crusade against renewables was dealt a blow on Monday when a federal judge vacated a January executive order that halted wind energy development on public lands. In May, 17 states and the District of Columbia filed suit against Trump over the order, which directed federal agencies to "not issue new or renewed approvals, rights of way, permits, leases, or loans for onshore or offshore wind ...

Source: reason.com
MEDICINE  
Case study links patient's energy drink habit to stroke
- Energy drinks might give you wings, unleash the beast or fuel your grind - but chugging too many might pose a serious stroke risk, doctors warn. An otherwise fit and healthy man in his 50s with a daily eight-can habit found out the hard way, a case study published Tuesday in the journal BMJ Case Reports states. This patient suffered permanent damage from a minor stroke caused by extremely high blood pressure, ...

Source: upi.com
US  
Supreme Court hears Alabama's appeal to execute a man found to be intellectually disabled
- will hear arguments Wednesday in a case that could make it harder for convicted murderers to show their lives should be spared because they are intellectually disabled. The justices are taking up an appeal from Alabama, which wants to put to death a man who found is intellectually disabled and shielded from execution. The Supreme Court prohibited execution of intellectually disabled people in a landmark ruling in ...

Source: news4jax.com
MEDICINE  
Uterine fibroids linked to higher long-term heart disease risk in women
- Long-term heart disease risk in women diagnosed with uterine fibroids was more than 80% higher than in women without fibroids, according to new independent research published today in the  Journal of the American Heart Association , an open access, peer-reviewed journal of the American Heart Association. Fibroids are predominately benign growths that develop from the muscle tissue of the uterus. The U.S. ...

Source: news-medical.net
Iceland becomes fifth country to boycott Eurovision
- Iceland has joined Spain, Ireland, Slovenia and the Netherlands in saying it will boycott the 2026 Eurovision Song Contest. All five countries have withdrawn after Israel's participation in the competition was officially confirmed last week. Stefan Eiriksson, director-general of Icelandic national broadcaster RÚV, said: "There is no peace or joy connected to this contest as things stand now. On that basis, ...

Source: bbc.com
US taking 25% cut of Nvidia chip sales "makes no sense," experts say
- Trump's odd Nvidia reversal may open the door for China to demand Blackwell access. Donald Trump's decision to allow Nvidia to export an advanced artificial intelligence chip, the H200, to China may give China exactly what it needs to win the AI race, experts and lawmakers have warned. The H200 is about 10 times less powerful than Nvidia's Blackwell chip, which is the tech giant's currently most advanced chip that ...

Source: arstechnica.com
MEDICINE  
Sperm Donor With a Cancer-Causing Gene Fathered at Least 197 Kids
- Because only part of the man's sperm carried the mutation, only the second round of genetic testing revealed the problem. By then, it was already too late. Reading time 3 minutes A man who donated significant amounts of sperm to a Danish sperm bank discovered he had a genetic mutation that increases the risk of childhood cancers. Some of these children have been diagnosed with two types of cancer, while others have ...

Source: gizmodo.com
POLITICS  
Machado's daughter accepts Nobel Peace Prize in Venezuelan opposition leader's absence
- OSLO, Norway (AP) — Venezuelan opposition leader María Corina Machado 's daughter accepted the Nobel Peace Prize on her mother's behalf Wednesday, hours after officials said Machado would miss the ceremony. Machado has been in hiding and has not been seen in public since Jan. 9, when she was briefly detained after joining supporters in a protest in Caracas, Venezuela's capital. Jørgen Watne ...

Source: apnews.com
US   BUSINESS  
Instacart responds to report that some customers are charged more than others for same items
- SAN FRANCISCO ( KRON ) – Instacart, the San Francisco-based company that operates its eponymous grocery delivery app, is responding to reports that it charged some customers more than others for the exact same items as part of an artificial intelligence-enabled experiment. The allegations stem from a study conducted by Consumer Reports , an advocacy group known as Groundwork Collaborative, and the non-profit ...

Source: wfla.com
BUSINESS   SCIENCE  
NASA loses contact with its Maven spacecraft orbiting Mars for the past decade
- Getting your Trinity Audio player ready... By MARCIA DUNN, Associated Press CAPE CANAVERAL, Fla. (AP) — NASA has lost contact with a spacecraft that has orbited Mars for more than a decade. Maven abruptly stopped communicating to ground stations over the weekend. NASA said this week that it was working fine before it went behind the red planet . When it reappeared, there was only silence. Launched in 2013, ...

Source: orlandosentinel.com
Sherrone Moore fired as Michigan's head football coach because of 'inappropriate relationship'
- COLUMBUS, Ohio -- Ohio State's most hated rival will have a new leader the next time it faces the Buckeyes. Michigan has fired its head coach, Sherrone Moore, after two seasons. Moore went 16-8 during his tenure, which included serving as interim coach for a suspended Jim Harbaugh in 2023. That record included going 2-1 against OSU. The decision to move on from Moore is made with cause, effective immediately. ...

Source: cleveland.com
US   POLITICS  
Emil Bove Attends Trump Rally in Rare Move for Federal Judge (3)
- Emil Bove, a top Trump Justice Department official turned federal appeals court judge, attended a campaign-style presidential rally in Pennsylvania in a highly unusual move for a sitting judge. Bove, who was confirmed to the US Court of Appeals for the Third Circuit in July, was in the audience in Mount Pocono, Pennsylvania on Tuesday night while President Donald Trump delivered remarks, which were initially billed ...

Source: news.bloomberglaw.com
MARKETS  
Shares of Oracle slide 10% on revenue miss and rising capital expenditures
- Shares of Oracle Corp. dropped more than 10% in extended trading today after the cloud and database giant missed expectations on quarterly revenue while going full-steam ahead on its ongoing artificial intelligence infrastructure buildout. The company reported second-quarter earnings before certain costs such as stock compensation of $2.26 per share, easily beating Wall Street's target of $1.64 per share. However, ...

Source: siliconangle.com
US  
Women at the top are exhausted and burned out, according to a McKinsey and Lean In report
- Women are hitting the top of the corporate ladder only to find something waiting for them: exhaustion. According to a report published Tuesday by McKinsey and LeanIn.org, a nonprofit founded by Sheryl Sandberg, burnout among senior-level women is the highest it has been in the past five years. Around 60% of these women said they have frequently felt burned out at work in the past few months, compared with 50% of ...

Source: businessinsider.com
US   MEDICINE  
FDA To Investigate Possible COVID Vaccine Deaths In 'Multiple Age Groups'
- The end of the year brings noise. Your membership ensures our newsroom remains a clear, reliable source of facts for the whole community. Help us keep the signal strong for the year ahead. Already a member? The U.S. Food and Drug Administration is now investigating whether the coronavirus vaccine is linked to deaths in several unspecified age groups, the Department of Health and Human Services told HuffPost. "FDA ...

Source: huffpost.com
You'll Never Have To Recharge Pebble's Ingenious New Phone Accessory
- We're long past relying only on smartphones for our mobile computing needs. iPhones and Android devices are routinely paired with specific wearable accessories:  can also help with the latter, reducing the need to use a wrist wearable. In this crowded ecosystem where ideas often get recycled, wearable company Pebble managed to deliver a surprise accessory; a ring with no health sensors. Instead, is a smart AI ...

Source: bgr.com
US  
Marco Rubio orders US State Department to revert to Times New Roman font, calling Calibri adoption 'wasteful'
- US Secretary of State Marco Rubio has ordered diplomats to revert to using Times New Roman font in official communications, calling his predecessor Antony Blinken's decision to adopt Calibri a "wasteful" diversity move, according to a leaked internal cable. The department switched to Calibri, a modern sans-serif font, in January 2023, saying it was a more accessible font for people with disabilities because it did ...

Source: abc.net.au
Big 12 commissioner says Notre Dame comments after CFP snub 'totally out of bounds'
- Big 12 Conference commissioner Brett Yormark said Notre Dame athletic director Pete Bevacqua was "totally out of bounds" for his comments on the Atlantic Coast Conference this week. Notre Dame have a football scheduling alliance with the ACC and are a full member of the conference in other sports. Bevacqua has claimed the ACC damaged Notre Dame's chances at making the College Football Playoff, instead campaigning ...

Source: theguardian.com
US  
Measles Outbreak Nears Grim Milestone as Hundreds Quarantine in South Carolina
- Reading time 4 minutes The South Carolina Department of Public Health reported 27 new cases of measles on Tuesday, all identified since last Friday, bringing the total number of identified cases in the state this year to 114. There are currently at least 254 people in quarantine in South Carolina, though the problem isn't just confined to one state. The latest figures from the CDC, which haven't been updated in ...

Source: gizmodo.com
Egypt and Iran ask Fifa to prevent LGBTQ+ Pride celebration at World Cup 2026 match
- Egypt and Iran are calling on football's governing body to intervene in the LGBTQ+ Pride celebration planned to coincide with their group stage match in Seattle at the 2026 World Cup . Egypt's Football Association (EFA) said on Tuesday it had sent a letter to Fifa urging them to prevent any LGBTQ+ Pride-related activities during the national team's match against Iran next June. The EFA argues in the letter that ...

Source: theguardian.com
Google's AI Tools Face EU Antitrust Investigation | PYMNTS.com
- Google  is facing an antitrust investigation in Europe tied to its artificial intelligence (AI) tools. The  European Commission  (EC)  announced  Tuesday (Dec. 9) that it is looking into whether Google had hindered competition by imposing unfair conditions on content creators, and by giving its own AI model an edge over competitors. The investigation will look at whether Google used web ...

Source: pymnts.com
MEDICINE  
More Americans refusing vitamin K shots for newborns: Study
- ( The Hill ) – More American newborns are not receiving vitamin K shots, according to a study published Monday in the Journal of the American Medical Association.  The study found that from January 2017 to December 2024, 3.92 percent of the more than 5 million newborns in a U.S.-based electronic database did not receive a vitamin K shot. The share of newborns who did not receive the shot rose from 2.92 ...

Source: wfla.com