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1 hour ago
Javier Milei, the hard rocker in Argentina's highest office, turns his book talk into wild show
A book presentation about neoclassical economic theory may not sound like a crowd-pleaser
1 hour ago
May 22
Buy now, pay later companies must adhere to credit card standards, consumer agency says
The Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are basically credit card providers and must provide the same protections and rights that apply to those lenders
May 22
May 22
Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits
The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies an...
May 22
May 22
Wind towers crumpled after Iowa wind farm suffers rare direct hit from powerful twister
A wind farm in southwest Iowa suffered a direct hit from a powerful tornado that crumpled five of the massive power-producing towers, including one that burst into flames
May 22
May 22
Top Apple exec acknowledges shortcomings in effort to bring competition in iPhone app payments
Longtime Apple executive Phil Schiller has acknowledged a court-ordered makeover of the U.S. payment system in its iPhone app store hasn’t done much to increase competition — a shortcoming that could result in a federal judge demanding more changes
May 22
May 22
Nashville council rejects proposed sign for Morgan Wallen's new bar, decrying his behavior
Nashville councilmembers have rejected a plan to erect a glowing sign at Morgan Wallen’s new bar along a neon-lit strip of honky tonks in the city's downtown
May 22
May 22
Nvidia's results top Wall Street estimates as profit soars, bolstering its dominance in chips fueling the AI boom
Nvidia's results top Wall Street estimates as profit soars, bolstering its dominance in chips fueling the AI boom
May 22
May 22
How major US stock indexes fared Wednesday, 5/22/2024
U.S. stock indexes pulled back from their records as concerns about high interest rates weighed on the market
May 22
May 22
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery fell $1.09 to $77.57 per barrel Wednesday
May 22
May 22
$100 million for equity: MacArthur Foundation's new big bet and mandate
The MacArthur Foundation will let loose another $100 million to a single project in the third installation of its global 100&Change competition, which for the first time requires applicants to address diversity, equity, and inclusion issues, the founda...
May 22
May 22
Federal Reserve minutes: Policymakers saw a longer path to rate cuts
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now...
May 22
May 22
FDIC head who oversaw alleged 'toxic culture' to stay until his replacement
Martin Gruenberg, a Democrat, said he will remain in the top post at the FDIC until a replacement can be confirmed by the Senate, which could take months.
May 22
May 22
Judge signs off on $600 million Ohio train derailment settlement but residents still have questions
A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are still wondering how much they will end up with out of t...
May 22
May 22
Private investment firms partner to potentially cash in following sweeping changes in college sports
Two private investment firms have created a platform to help athletic departments find funding with college sports on the verge of sweeping change that could have long-term financial implications
May 22
May 22
Cybersecurity labeling for smart devices aims to help people choose items less likely to be hacked
Smart devices like baby monitors, fitness trackers and internet-connected appliances will soon be eligible for labels certifying that they meet federal cybersecurity standards
May 22
May 22
Target, Lululemon fall; Petco, Dycom rise, Wednesday, 5/22/2024
Stocks that traded heavily or had substantial price changes on Wednesday: Target, Lululemon fall; Petco, Dycom
May 22
May 22
Peloton cuts ties with Sean ‘Diddy’ Combs
Plus, Caitlin Clark scores a huge business deal, and ABC News’ Alexis Christoforous receives a Gracie Award.
May 22
May 22
China sanctions US defense-related companies and executives over Russia, Taiwan
China has sanctioned 12 defense-related U.S. companies and 10 executives over arms sales to Taiwan and to retaliate for earlier American sanctions on Chinese companies tied to Russia
May 22
May 22
Dumping oil at sea leads to $2 million fine for shipping companies
Two shipping companies agreed to pay $2 million in penalties after pleading guilty to federal charges related to the dumping of oil in the Atlantic Ocean by a ship bound for New Orleans
May 22
May 22
Use of Wegovy and other weight-loss drugs soars among kids and young adults
Use of diabetes and obesity medications such as Ozempic, Wegovy and other so-called GLP-1 drugs has soared among teens and young adults
May 22
May 22
Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence
Nvidia overshot Wall Street estimates as its quarterly profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom
May 22
May 22
US existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Sales of previously occupied U.S. homes sank last month, pushed down by high mortgage rates and rising prices
May 22
May 22
Former UK Post Office boss breaks down in inquiry over scandal that saw hundreds wrongly convicted
The former head of Britain’s Post Office Paula Vennells has broken down in tears on several occasions while giving evidence to an inquiry into one of the country’s biggest miscarriages of justice that saw hundreds of branch managers wrongly convicted o...
May 22
May 22
Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in BuzzFeed
Former Republican presidential candidate and biotech entrepreneur Vivek Ramaswamy has purchased a minority stake in BuzzFeed
May 22
May 22
Anonymous gifts are common. But a climate group says a $10 million gift it got is an all-out mystery
A climate philanthropy organization, Giving Green, received a $10 million anonymous donation in April and thinks that the same donor may have given even more
May 22
May 22
At international energy conference, delegates push to make clean cooking accessible to all
Discussions on how to scale up resources to deliver efficient and affordable clean cooking to all are on the table at the 9th Annual Global Conference on Energy Efficiency by the International Energy Agency
May 22
May 22
Target sales decline to start the year, but it sees improvement
Target is reporting a decline in quarterly revenue as still-stubborn inflation cuts into shoppers’ spending
May 22
May 22
How is the violent unrest in New Caledonia impacting global nickel prices?
Global nickel prices have been soaring since violence erupted in the French Pacific territory of New Caledonia last week
May 22
May 22
Stock market today: Wall Street retreats from its records as worries about high interest rates weigh
U.S. stock indexes pulled back from their records as concerns about high interest rates weighed on the market
May 22
May 22
UK inflation lowest in 3 years. Prime Minister Sunak makes it a focus in election call for July 4
Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills
May 22
May 22
South Africa election: How Mandela's once revered ANC lost its way
South Africa’s African National Congress rose above politics for years
May 22
May 22
Hawaii court orders drug companies to pay $916 million in Plavix blood thinner lawsuit
Hawaii's attorney general says a court has ordered the manufacturers and distributors of the blood thinner Plavix to pay the state a combined $916 million after finding the companies failed to disclose the efficacy and safety of the medication
May 22
May 22
Families of Uvalde school shooting victims are suing Texas state police over botched response
The families of 19 of the victims in the Uvalde elementary school shooting in Texas have filed a $500 million federal lawsuit against 92 state police officers who were part of the botched law enforcement response
May 22
May 22
Russian attacks on Ukraine power grid touch Kyiv with blackouts ahead of peak demand
Sustained Russian attacks on Ukraine’s power grid in recent weeks have forced leaders of the war-ravaged country to institute nationwide rolling blackouts
May 22
May 22
Barbie will make dolls to honor Venus Williams and other star athletes
Barbie dolls will honor tennis champion Venus Williams and eight other athletes as part of a project announced by Mattel
May 22
May 21
Japan racks up trade deficit as imports balloon due to cheap yen
Japan’s trade deficit in April grew nearly 8% from a year earlier as the weak yen boosted the cost of imports, offsetting a jump in exports
May 21
May 21
Petrochemical company fined more than $30 million for 2019 explosions near Houston
A Texas petrochemical company has pleaded guilty to a violation of the Clean Air Act and agreed to pay more than $30 million in connection with two explosions that injured workers and caused the evacuation of thousands
May 21
May 21
New cars in California could alert drivers for breaking the speed limit
A bill before California lawmakers would require new cars sold in the state in coming years to beep a warning whenever drivers exceed the speed limit by at least 10 mph
May 21
May 21
Using AI, Mastercard expects to find compromised cards quicker, before they get used by criminals
Mastercard says it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal
May 21
May 21
New ice cream flavors bring pizzazz to the dessert dishes
Mac and Cheese, Pizza and Ranch are just a few new ice cream flavors that've become available to consumers. The Panel discuss what flavor consumers may flock to.
May 21
May 21
Donald Trump's campaign says it will begin accepting contributions through cryptocurrency
Donald Trump’s presidential campaign will begin accepting donations in cryptocurrency, the presumptive Republican presidential nominee’s campaign says
May 21
May 21
Maker of popular weedkiller amplifies fight against cancer-related lawsuits
The maker of a popular weedkiller is planning to amplify its push for legal protection against lawsuits claiming it failed to warn the product could cause cancer
May 21
May 21
Average US vehicle age hits record 12.6 years as high prices force people to keep them longer
Cars, trucks and SUVs in the U.S. keep getting older
May 21
May 21
What is in-flight turbulence, and when does it become dangerous for passengers and crews?
The death of a British man and injuries impacting dozens of other people aboard a Singapore Airlines flight have highlighted the potential dangers of flying through extreme turbulence
May 21
May 21
Israel's block of AP transmission shows how ambiguity in law could restrict war coverage
The shutdown and seizure by Israel of an Associated Press video camera that provided a live glimpse into Gaza raised concerns about how a new media law could be used to restrict war coverage
May 21
May 21
Federal jury rules against couple who sued Arkansas steakhouse over social-distancing brawl
A federal jury has ruled against a Black couple who sued a Little Rock steakhouse over a fight the couple had with white customers who weren't wearing masks and stood too close during the COVID-19 pandemic
May 21
May 21
How major US stock indexes fared Tuesday, 5/21/2024
U.S. stock indexes drifted higher to set more records following another quiet day of trading
May 21
May 21
Small business owners are more undecided about the election than the general public
Small business owners are more undecided about the election than the general public
May 21
May 21
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell 54 cents to $79.26 per barrel Tuesday
May 21
May 21
Keysight Technologies, Nordson fall; Eli Lilly, Lam Research rise, Tuesday, 5/21/2024
Stocks that traded heavily or had substantial price changes on Tuesday: Keysight Technologies, Nordson fall; Eli Lilly, Lam Research rise
May 21