Crash of private Japanese moon lander blamed on software, last-minute location switch
A Tokyo company whose lunar lander slammed into the moon says a software issue and a last-minute switch in the touchdown location led to the crash
2023-05-26 23:18
US Long-Term Inflation Expectations Retreat From 12-Year High
US long-term inflation expectations retreated in May from earlier in the month, but consumer sentiment remained lower amid
2023-05-26 22:55
OpenAI boss downplays fears ChatGPT maker could leave Europe over AI rules
OpenAI CEO Sam Altman is downplaying worries that the ChatGPT maker could exit the European Union if it can’t comply with the bloc’s strict new artificial intelligence rules
2023-05-26 22:45
UK's Treasury chief accepts that recession may be necessary to get inflation down
Britain’s Treasury chief says he would be prepared to see the British economy slip back into recession if further interest rate hikes are necessary to bring down inflation
2023-05-26 21:57
Stock market today: Tech lead more gains in early trading on Wall Street
Stocks are opening higher on Wall Street, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence
2023-05-26 21:53
Deputy Treasury secretary rules out possibility of using 14th Amendment to raise debt ceiling
Invoking the 14th Amendment to lift the borrowing cap on the US debt ceiling as a way to work around slow-moving negotiations is not an option, Deputy Treasury Secretary Wally Adeyemo told CNN Friday, the administration's most definitive response yet to an unlikely option demanded by some progressives.
2023-05-26 21:25
After yearslong delay, DEA revokes license of wholesale drug distributor over opioid crisis failures
The U.S. Drug Enforcement Administration has stripped one of the nation’s largest pharmaceutical distributors of its license to sell highly addictive painkillers after determining it failed to flag thousands of suspicious, high-volume orders at the height of the opioid crisis
2023-05-26 21:22
US consumer spending beats expectations in April; inflation picks up
WASHINGTON (Reuters - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second
2023-05-26 20:57
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:22
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
2023-05-26 20:19
BofA Strategist Warns of Equity Stress as 2023 Flows Turn Flat
The three-year run of investors pouring cash into stocks has run out of steam, according to a note
2023-05-26 19:54
Ukraine Recap: Russia Strikes Hospital; Chinese Envoy in Moscow
At least one person was killed and 23 injured after a Russian missile struck a hospital and veterinary
2023-05-26 19:54