British lawmakers are set to vote Tuesday on whether to approve Prime Minister Theresa May's Brexit deal that would take the country out of the European Union.
Whatever the outcome, the world's fifth-largest economy is set to take a massive hit — and so could the U.S.
Brexit has already proven its potential to upset other economies. "With the original referendum with respect to Brexit … if you look at the Dow, there was a tremendous drop post the vote," said Tifphani White-King at Mazars USA.
The Dow Jones Industrial Average lost 608 points, or almost 3.4 percent, the day after the vote — and the pain didn't stop there. Global markets lost $2 trillion in value. The U.S. dollar increased in value, and "that's not always a good thing," White-King said. A higher dollar makes U.S. exports more expensive for buyers in other countries. It also means stocks and U.S. investments are more expensive for international buyers.
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Iran on Tuesday conducted one of at least two satellite launches it plans despite criticism from the United States, but the satellite failed to reach orbit, an official said.
The rocket carrying the Payam satellite failed to reach the "necessary speed" in the third stage of its launch, Telecommunications Minister Mohammad Javad Azari Jahromi said.
Jahromi said the rocket had successfully passed its first and second stages before developing problems in the third. He did not elaborate on what caused the rocket failure, but promised that Iranian scientists would continue their work.
With the government mired in shutdown week four, President Donald Trump rejected a short-term legislative fix and dug in for more combat Monday, declaring he would "never ever back down."
Trump rejected a suggestion to reopen the government for several weeks while negotiations would continue with Democrats over his demands for $5.7 billion for a long, impregnable wall along the U.S.-Mexico border.
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President Donald Trump's nominee for attorney general will tell senators "it is vitally important" that special counsel Robert Mueller be allowed to complete his Russia investigation, and said he believes Congress and the public should learn the results, according to remarks prepared for his confirmation hearing.
William Barr also insisted in testimony he'll deliver Tuesday to the Senate Judiciary Committee that Trump never sought any promises, assurances or commitments before selecting him to be the country's chief law enforcement officer.
Tom Williams/CQ-Roll Call,Inc., file
A Democratic measure rebuking Republican Rep. Steve King for his comments about white supremacy won easy approval Tuesday in the House.
In a twist, the nine-term Iowa congressman was among those supporting the measure of disapproval, which was adopted, 424-1.
President Donald Trump on Monday denied he ever worked for Russia against U.S. interests, addressing an extraordinary question that has haunted his presidency and shows no sign of going away.
Speaking from the South Lawn, Trump issued a flat denial: "I never worked for Russia." He blasted former FBI and Justice Department officials and repeated his claim that the investigation into his ties to Moscow is a hoax.
Trump raised eyebrows over the weekend when he didn't directly answer the Russia question in an interview with Fox News host Jeanine Pirro, a personal friend.
President Donald Trump accused House Speaker Nancy Pelosi of partying on a beach in Puerto Rico — with lobbyists, no less — while he sat in the White House over the weekend ready to work out a deal to end the federal shutdown. It's not true.
Pelosi didn't go to Puerto Rico or any beach. Like Trump, she spent the weekend in snow-bound Washington.
Faith Rodgers, who has accused R. Kelly of sexual battery, knowingly infecting her with herpes and locking her in rooms for punishment, spoke at a press conference Monday with attorney Gloria Allred.
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The number of airport security screeners failing to show up for work around the country is soaring as the partial government shutdown goes into its fourth week.
No-shows among screeners jumped Sunday and again Monday, when the Transportation Security Administration reported a national absence rate of 7.6 percent compared with 3.2 percent on a comparable day a year ago. Monday marked the first business day after screeners did not receive a paycheck for the first time since the shutdown began.
A criminal complaint has revealed gruesome details on the horrifying series of events that took place at the Closs family's Wisconsin home on Oct. 15 — the night Jayme Closs was kidnapped and her parents fatally shot.
The complaint, filed in Barron County Circuit Court Monday, details how Jake Thomas Patterson allegedly drove to the home in the early morning hours and acted out an elaborate plan to take the 13-year-old girl he had once seen boarding a school bus in the area.
Andrew Lipovsky/NBC via AP
Jimmy Fallon said a "Tonight Show" episode taped in Puerto Rico with "Hamilton" creator Lin-Manuel Miranda is a love letter to the island still in hurricane-recovery mode.
"It's a real celebration of Puerto Rico," Fallon told The Associated Press of Tuesday's episode of the NBC late-night show. "It's not a pity party, it's a party party."
A gunman burst into a UPS mail-sorting facility in New Jersey Monday, shot into the air and took two women hostage for more than three hours before he was shot and killed by police, investigators said.
The man, identified as William Owens, 39, of Sicklerville, New Jersey, was pronounced dead at the scene.
Slow as molasses? This treacle didn't trickle. It was a sticky, deadly tsunami that flattened an entire Boston neighborhood within seconds.
On Tuesday, the city marks the 100th anniversary of its most peculiar disaster: the Great Molasses Flood.
It struck without warning at midday on Jan. 15, 1919, when a giant storage tank containing more than 2.3 million gallons of molasses suddenly ruptured, sending a giant wave of goop crashing through the cobblestone streets of the bustling North End.
An October snowstorm in 2011 left millions without power throughout Connecticut.
A random act of kindness has netted AFC Championship tickets for a homeless man called Dave who helped dig a Kansas City Chief out of the snow.
Offensive linesman Jeff Allen posted on Twitter that his car got stuck as he was heading to Arrowhead Stadium to take on the Indianapolis Colts in Saturday's playoff. Allen wrote that "a nice guy named Dave," who didn't know he is a Chief's player, got him back on the road.