Egypt floats ambitious plan to end Israel-Hamas war as death toll in an Israeli strike rises to 106

CAIRO (AP) — Egypt has put forward an ambitious, initial proposal to end the Israel-Hamas war with a cease-fire, a phased hostage release and the creation of a Palestinian government of experts who would administer the Gaza Strip and occupied West Bank, a senior Egyptian official and a European diplomat said Monday. Word of the … Read more

Death toll from China earthquake rises to 149, with 2 still missing

BEIJING — The death toll from China’s most powerful earthquake in years has risen to 149, with two people still missing after the tremor hit northwestern parts of the country last week. The 6.2-magnitude quake struck a remote mountainous area between Gansu and Qinghai provinces on Dec. 18, reducing homes to rubble and triggering heavy … Read more

10-year Treasury yield rises to start the week

The 10-year Treasury note yield rose Monday to start the last full trading week of 2023. The yield on the 10-year Treasury was more than 2 basis points higher at 3.954%. On Thursday, the yield fell below the 4% level, hitting its lowest since July. The 2-year Treasury yield was little changed at 4.459%, below … Read more

Anxiety Rises in China Over Speculated Return of COVID Controls

A year after China abruptly scrapped its notoriously stringent zero-COVID controls and amid a recent surge in respiratory illness cases, some Chinese citizens are starting to worry about a potential reintroduction of the controversial regime of mass testing and restrictions that defined the pandemic years in the country and ultimately led to an unprecedented eruption … Read more

Fed’s favorite gauge rises 0.2%; 3.5% from a year ago

Inflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive to hold rates steady and perhaps start cutting in 2024, according to a data release Thursday. The personal consumption expenditures price index, excluding food and energy prices, rose 0.2% for the month and 3.5% on … Read more

Kenya flooding death toll rises to 76, with thousands marooned by worsening rains

NAIROBI, Kenya — The Kenyan government on Monday urged people living in flood-prone areas to relocate to higher ground as heavy rains and flash floods continued to wreak havoc across East Africa. At least 76 people have died and 40,000 displaced from their homes since the rains began pounding the country in October. President William … Read more

Bitcoin rises to new high for the year Friday above $38,000

Yuichiro Chino | Moment | Getty Images Crypto prices have recovered from a big dip earlier in the week, with bitcoin hitting a new high for 2023 on Friday. Bitcoin was last higher by 1.42% at $37,862.76 for the first time since May 2022, according to Coin Metrics. It’s on pace to end the week higher … Read more

Israel-Hamas war: Gaza invasion deepens as conflict’s death toll rises

Secretary of State Antony Blinken said Israel should not reoccupy Gaza, after Prime Minister Benjamin Netanyahu vowed that Israel would assume responsibility for Gaza’s security “for an indefinite period.” Blinken told reporters that “Gaza cannot continue to be run by Hamas” but that “it’s also clear that Israel cannot occupy Gaza.” Blinken left open the … Read more

Israel-Hamas war live updates: Ground assault in Gaza intensifies as death toll rises

Israel is pressing deeper into the Gaza Strip with tanks and soldiers as its ground offensive expands. With strikes pounding Gaza, Israeli forces entered the edge of Gaza City, reaching a main highway that connects north and south in the densely populated Palestinian enclave. Israeli Prime Minister Benjamin Netanyahu has stridently rejected calls for a … Read more

Hurricane Otis death toll rises to 45; dozens still missing

Comment on this storyCommentAdd to your saved storiesSave ACAPULCO, Mexico — Increasingly desperate families continued to search for missing loved ones Monday as authorities raised the official death toll from Hurricane Otis along Mexico’s Pacific Coast to 45. Forty-seven people remained missing, Guerrero state Gov. Evelyn Salgado told reporters, and about 274,000 homes in the … Read more