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AI risks 'broken' career ladder for college graduates, some experts say
Advances of AI chatbots like ChatGPT heighten concern, experts say.
June 06, 2025Fed holds interest rates steady, defying Trump
The Fed has pursued a patient approach as it awaits the effects of tariffs.
June 18, 2025Trump clears path for Nippon investment in US Steel, so long as it fits gov't terms
President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government
June 13, 2025
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June 20
Aflac says data breach risks health information of millions
Aflac is the latest victim in a string of cyberattacks against insurance firms.
June 20
June 20
Purdue Pharma's $7B opioid settlement plan could get votes from victims and cities
A judge could decide Friday whether to advance OxyContin maker Purdue Pharma's $7 billion-plus plan to settle thousands of lawsuits over the toll of opioids
June 20
June 20
Billionaire Mark Walter, set to own controlling stake in Lakers, built fortune in investing
The billionaire slated to takeover the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence
June 20
June 20
Music streaming service Deezer adds AI song tags in fight against fraud
Music streaming service Deezer said Friday that it will start flagging albums with AI-generated songs, part of its fight against streaming fraudsters
June 20
June 20
New Zealand Prime Minister Luxon talks trade in meeting with China's Xi
The prime minister of New Zealand has stressed the importance of his country’s trade ties with China in a meeting with Chinese leader Xi Jinping
June 20
June 19
Social Security fund may run dry sooner than previously expected, trustees say
The Social Security fund will run dry in 2033, unless Congress combines the program's old-age and disability funds, in which case insolvency would arrive in 2034, a report found.
June 19
June 19
Canadian tariffs on U.S. steel and aluminum could rise depending on trade talks, says Carney
Canadian Prime Minister Mark Carney says Canada will impose new tariffs on U.S. steel and aluminum imports on July 21 depending the progress of trade talks with U.S. President Donald Trump
June 19
June 19
North Carolina lawmakers finalize bill that would scrap 2030 carbon reduction goal
North Carolina legislators have finalized a bill that would eliminate an interim greenhouse gas reduction mandate set in a landmark 2021 law
June 19
June 19
Spanish court rejects Airbnb appeal and keeps order to block nearly 66,000 listings
A Spanish court has rejected an appeal by Airbnb and left in place an order to block almost 66,000 rental listings that the government says violated local rules
June 19
June 19
Some US restaurants and servers oppose Republicans' 'no tax on tips' budget proposal
Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on tips
June 19
June 19
As US gas prices rise amid Israel-Iran conflict, here’s how you can save
The cost of crude oil is up nearly 10% since Israel’s initial strike on Iran last Friday. ABC News’ Alexis Christoforous reports.
June 19
June 19
Spain rejects NATO’s anticipated 5% defense spending proposal as 'unreasonable'
Spain has rejected a NATO proposal to spend 5% of gross domestic product on defense needs that’s expected to be announced next week
June 19
June 19
Tariff threats, wars will slow but not collapse global luxury sales in 2025, new study shows
Global sales of personal luxury goods are projected to slide by 2% to 5% this year
June 19
June 19
Greenpeace warns of potential environmental disaster as oil tankers collide near Strait of Hormuz
Greenpeace has warned of a “potential environmental disaster” after two oil tankers collided near the Strait of Hormuz
June 19
June 19
Bank of England keeps main UK interest rate at 2-year low of 4.25%
Bank of England keeps main UK interest rate at 2-year low of 4.25%
June 19
June 19
Hackers say they wiped out $90 million from Iran cryptocurrency exchange
Hackers with possible links to Israel have drained more than $90 million from Iran’s largest cryptocurrency exchange Nobitex and leaked company data
June 19
June 19
ICE raids and their uncertainty scare off workers and baffle businesses
Farmers, cattle ranchers and hotel and restaurant managers breathed a sigh of relief last week when President Donald Trump ordered a pause to immigration raids that were disrupting those industries and scaring foreign-born workers off the job
June 19
June 19
UK's central bank set to keep interest rates on hold amid Middle East uncertainties
The Bank of England is set to keep interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States and send oil prices soaring and push U.K. inflation further above target
June 19
June 19
Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%
Switzerland’s central bank says it has cut its target interest rate by a quarter of a percentage point, adding inflationary pressures have eased
June 19
June 19
Global shares decline as tensions simmer in the Middle East
Shares have retreated in Europe and Asia as worries persist about conflict in the Middle East
June 19
June 19
The Los Angeles Lakers will no longer be the Buss family business
The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion marks the end of nearly a half-century when one of the most valuable properties in the entire sports world was run by an eccentric ...
June 19
June 19
Long Island's last duck farm is quacking again after losing its entire flock to the bird flu
Long Island’s last commercial duck farm is rebuilding after a bird flu outbreak forced the destruction of its entire 100,000-bird flock in January
June 19
June 19
Redemption Bank becomes the first Black-owned bank in the Rockies
Redemption Holding Company has just acquired the Utah-based Holladay Bank & Trust, becoming the first bank to be owned by a Black-led investment group in the Western U.S. This comes two years after their initial announcement, in which the purchase was ...
June 19
June 18
Buss family to sell controlling stake of Lakers to Mark Walter for $10B valuation, AP source says
The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO Mark Walter, doing so with a franchise valuation of $10 billion — the most ever for a professional sports franchise, a person with knowledge of the agr...
June 18
June 18
US plans to open fly factory in Texas as part of fight against flesh-eating parasite
The U.S. government plans to open what amounts to a fly factory by the end of the year to breed millions of the insects in Texas near the border with Mexico as part of an effort to keep a flesh-eating parasite from infesting American cattle
June 18
June 18
Yes, more and more celebrities are entering the phone business. Here's why
More and more celebrities are looking to attach their names to your phone
June 18
June 18
AI's impacts 'inevitable at this point,' says The Verge's Victoria Song
Victoria Song, senior reporter at The Verge, discusses the announcement by Amazon CEO that AI will reduce its corporate workforce over the next few years.
June 18
June 18
NTSB urges quick fix on Boeing plane engines to prevent smoke from filling cabin after a bird strike
Safety experts recommend that the engines on Boeing’s troubled 737 Max airplanes be modified quickly to prevent smoke from filling the cockpit or cabin after a safety feature is activated following a bird strike
June 18
June 18
Social Security may run dry earlier than previously anticipated, trustees say
Social Security and Medicare could face automatic cuts in 2033, a report found.
June 18
June 18
US resumes visas for foreign students but demands access to social media accounts
The U.S. State Department says it’s restarting the suspended process for foreigners applying for student visas but says all applicants will now be required to unlock their social media accounts for review
June 18
June 18
How major US stock indexes fared Wednesday, 6/18/2025
U.S. stocks drifted after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that
June 18
June 18
Honda recalls more than 259,000 cars across the US due to brake pedal issue
Honda is recalling more than 259,000 of its cars across the U.S. due to a problem that can cause the brake pedal to shift out of position, potentially interfering with a driver’s ability to stop or slow down
June 18
June 18
Fed holds interest rates steady, defying Trump
The Fed has pursued a patient approach as it awaits the effects of tariffs.
June 18
June 18
Fed holds interest rates steady, defying Trump
The Federal Reserve held its benchmark interest rate steady on Wednesday, continuing a wait-and-see approach adopted by the central bank in recent months as it observes potential effects of tariffs.
June 18
June 18
Federal judge to deny Trump administration's motion to dismiss lawsuit over block on wind projects
A federal judge in Massachusetts said Wednesday he plans to deny a motion by the Trump administration to dismiss a lawsuit over its blocking of wind energy projects, siding with a coalition of state attorneys general
June 18
June 18
Average long-term US mortgage rate eases to 6.81%, third consecutive weekly decline
The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market
June 18
June 18
The average rate on a 30-year mortgage eased to 6.81% this week, Freddie Mac says, its third straight decline
The average rate on a 30-year mortgage eased to 6.81% this week, Freddie Mac says, its third straight decline
June 18
June 18
More employers are sending workers shopping for their own health coverage
More employers are putting health insurance decisions in the hands of workers
June 18
June 18
How much could US gas prices rise amid Israel-Iran conflict?
U.S. gas prices could rise within days, industry analysts said.
June 18
June 18
How to improve your credit score if you've missed student loan payments
Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection
June 18
June 18
Nippon Steel finalizes $15B takeover of US Steel after sealing security agreement
Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion
June 18
June 18
What to know about the GENIUS Act, a crypto regulation bill
The Senate voted 68-30 to pass the measure late Tuesday.
June 18
June 18
In rural Alaska, a village turns to solar and biomass energies to cut diesel and save money
On a former military base in Galena, Alaska, a school that houses about 200 high school students teaches sustainability among many things
June 18
June 18
US unemployment ticked down, hovering at historically low levels
The number of Americans applying for unemployment benefits dipped to 245,000 last week amid uncertainty over President Donald Trump’s trade policies
June 18
June 18
UK inflation eases by less than anticipated ahead of Bank of England rate decision
Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate
June 18
June 18
EU's top diplomat warns Russia has a plan for long-term aggression against Europe
The European Union's top diplomat says Russia's massive military spending suggests that President Vladimir Putin plans to use his armed forces again elsewhere in the future
June 18
June 18
Volcanic eruption in Indonesia forces evacuations and flight cancelations
Indonesia’s Mount Lewotobi Laki Laki has erupted with giant ash and smoke plumes again after forcing evacuations of villages and flight cancelations, including to and from the resort island of Bali
June 18
June 18
Japan records trade deficit as exports suffer from Trump's tariffs
Japan has reported its exports fell in May as shipments of autos to the U.S. dropped nearly 25% from a year earlier due to higher tariffs imposed by President Donald Trump
June 18
June 18
Firms led by US military veterans deliver aid, alarming humanitarian groups
In Gaza and Africa, U.S. contracting firms led by former American intelligence and military officers are taking on aid delivery in conflict zones
June 18
June 18
Asian shares are mixed and oil prices rise as escalating Iran-Israel crisis hits Wall Street
Asian shares are mixed and oil prices have advanced after the escalation of conflict in the Middle East hit Wall Street
June 18