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Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released

By Lucia Mutikani WASHINGTON The annual increase in U.S. consumer prices slowed to below 5% in April for

George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live

New York City officials plan to send some asylum-seekers to an upstate hotel

Authorities in eastern Switzerland have ordered residents of the tiny village of Brienz to evacuate by Friday evening because geology experts say a mass of 2 million cubic meters of Alpine rock looming overhead could break loose

By Matt Spetalnick, David Brunnstrom and Michael Martina WASHINGTON China is facing a growing backlash from the United

Google has disclosed plans to infuse its dominant search engine with more advanced artificial-intelligence technology

By David Lawder WASHINGTON (Reuters) -The U.S. government reported a $176 billion surplus in April, down sharply from a year-ago

The pioneering mommy blogger Heather Armstrong, known as Dooce to fans, has died at home in Salt Lake City

Stanley Donahue robbed two Casey's employees, locked them in a cooler, and then shot Linn County deputy Will Halverson seven times

According to the sheriff, the children were locked in their room in the apartment for 'as many as six weeks at a time'

By Shreyashi Sanyal, Shristi Achar A and Carolina Mandl The Nasdaq led gains among Wall Street's main indexes