Stock market today: Worries about a possible U.S. default and inflation weigh on Wall Street
Stocks kept falling on Wall Street under the weight of concerns about the U.S. creeping closer to a default on its debt while inflation keeps squeezing the economy
2023-05-25 02:58
A June pause in rate hikes would be a close call for Fed officials, minutes of last meeting show
Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in June, according to the minutes of their May 2-3 meeting
2023-05-25 02:23
Resident physicians end strike at hospital that was 'the epicenter of the epicenter' of the country's coronavirus outbreak
Resident physicians at a New York City hospital once called "the epicenter of the epicenter" of the nation's Covid-19 pandemic announced an end to their strike Wednesday after reaching a tentative agreement with their employer.
2023-05-25 02:16
In transition from HBO Max to Max, writer and director credits got lost
The streaming service Max may only be hours into its rollout, but it’s already under fire by Hollywood’s top guilds for the way it credits writers and directors
2023-05-25 01:54
NCAA survey shows 58% of 18- to 22-year-olds are wagering; athlete-only study is set for fall
An NCAA-commissioned survey of 18- to 22-year-olds shows more than half acknowledged placing sports wagers and two-thirds of those who live on college campuses saying they engage in betting
2023-05-25 00:51
DEA's failure to punish distributor blamed in opioid crisis raises revolving door questions
The U.S. Drug Enforcement Administration has allowed one of the nation’s largest drug distributors to keep shipping addictive painkillers for nearly four years despite a judge’s recommendation to strip its license for turning a blind eye to thousands of suspicious opioid orders
2023-05-25 00:50
Czech government approves $2.7-billion plan to acquire 246 armoured vehicles from Sweden
The Czech government has approved a Defense Ministry plan to acquire 246 CV90 armoured combat vehicles as part of a massive modernisation of the military amid the Russian war in Ukraine
2023-05-25 00:29
Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothing
Target is removing certain items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers
2023-05-25 00:23
Virgin Orbit to cease operations, sell assets of Richard Branson's satellite launcher
Virgin Orbit will cease operations and sell its assets to four winning bidders, the company announced late Tuesday
2023-05-24 23:17
Citigroup to spin off Banamex, its longtime Mexican banking business
Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi’s two-decade push into Latin America
2023-05-24 22:55
Judiciary confiscates passports of Lebanon's central bank chief after French arrest warrant
Lebanese judicial officials say a udge has questioned the country’s embattled central bank governor and confiscated his Lebanese and French passports following an arrest warrant from France over corruption charges
2023-05-24 22:48
Do not call: States sue telecom company over billions of robocalls
Attorneys general across the U.S. have joined a lawsuit against a telecommunications company accused of making more than 7.5 billion robocalls to people on the national Do Not Call Registry
2023-05-24 21:20