The Federal Reserve increased its benchmark interest rate as widely expected, the Federal Market Open Committee (FOMC) announced Wednesday.  At the conclusion of a two-day meeting, Committee members voted unanimously to raise the federal funds rate by 25 basis points to a target...

A Turkish and Algerian-sponsored resolution blaming Israel for the recent deaths of Palestinians in the Gaza Strip and urging the international community to consider protections for Palestinian civilians overwhelmingly passed in the UN General Assembly on Wednesday The resolution,...

UN Middle East envoy Nickolay Mladenov has warned that ongoing tension along the Gaza border could escalate into a "destructive" military conflict. "We all have a common interest to avoid another war in Gaza because another war in Gaza will be more destructive than the one in 2014 and...

 An Arab-led military coalition conducted "intense" strikes near Yemen's main port of Hudaida after the Arab alliance launched an attack on the western city on Wednesday, Saudi-owned Al-Arabiya television quoted witnesses as saying. It reported "intense and concentrated" coalition...