Hike again? Take a pause? Fed officials are split about what to do next to fight inflation
The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes in March 2022
2023-05-18 23:29
Sam Zell, billionaire real estate investor, dies
Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as “the grave dancer” for his ability to revive moribund properties has died due to complications from a recent illness
2023-05-18 23:29
Supreme Court sidesteps challenge to internet companies’ broad protections from lawsuits
The Supreme Court has sidestepped a case against Google that might have allowed more lawsuits against social media companies
2023-05-18 23:27
Chile's economy up for 2nd straight quarter but recovery still falters
SANTIAGO (Reuters) -Chile's economy grew for the second quarter in a row in early 2023 but failed to impress market
2023-05-18 23:26
Looking for a house? High mortgages, few homes lead to biggest annual sales drop in 11 years
Sales of previously occupied U.S. homes fell again last month and the national median sale price posted its biggest annual drop in 11 years
2023-05-18 23:24
Supreme Court Leaves Intact Social Media Liability Shield in Win for Google, Twitter
The US Supreme Court left in place a broad liability shield for social media companies for content posted
2023-05-18 22:46
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
Chinese e-commerce company Alibaba Group Holding on Thursday said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth
2023-05-18 22:29
Supreme Court rules against Andy Warhol in copyright dispute over Prince portrait
The Supreme Court ruled Thursday that the late Andy Warhol infringed on a photographer's copyright when he created a series of silk screens based on a photograph of the late singer Prince, in a case that has garnered the attention of the global art world.
2023-05-18 22:20
RSV vaccine for pregnant women protects their newborns but is it ready for US sale?
Federal health advisers are debating a first-of-its-kind RSV vaccine to protect newborns by immunizing their moms late in pregnancy
2023-05-18 22:18
Japan, Britain strike 'historic accord' on cooperation in defense, clean energy, semiconductors
Japan and Britain have struck what they are calling a historic accord on cooperation in defense, clean energy and semiconductors
2023-05-18 21:59
Grammarly Wants to Expand Its AI From the Classroom to the Office
Grammarly Inc., a software company known for its writing assistant, is trying to expand its business to the
2023-05-18 21:57
Nasdaq 100’s Big Recovery Faces a Key Tipping Point
Eighteen months since the start of a near year-long selloff, the Nasdaq 100 Index has recovered half the
2023-05-18 21:55