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“Supersized” El Niño’s harshest weather still ahead, including extreme heat, drought, floods, U.N. warns

With the burgeoning El Niño now forecast to intensify significantly in the coming months, the “supersized” climate event will likely have an outsized impact on severe weather around the world, fueling heat, drought and flooding, among other extremes, the United Nations warned Thursday. “El Niño is being supersized before our eyes,” U.N. Secretary-General António Guterres said…

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Rising bond yields threaten to push up U.S. borrowing costs, experts say. Here’s what to know.

Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…

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North Carolina teen indicted for murder in San Diego mosque shooting, accused of helping livestream attack

A 17-year-old North Carolina girl who recorded a livestream of a shooting that killed three people at a San Diego mosque in May, and disseminated the attackers’ white supremacist writings, has been charged with murder by aiding and abetting, a district attorney said Monday. The girl’s name was not immediately released during a news conference announcing…

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Fed will have “work to do” if inflation doesn’t fade, Warsh says in Jackson Hole speech

Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…

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