Yellen says threats to democracy risk US economic growth, an indirect jab at Trump Treasury Secretary Janet Yellen argues that a fractured democracy can have destructive effects on the economy. 05/3/2024 - 12:00 pm | View Link
Federal Reserve Dismisses Rate Hike Fears, Labor Market Cools, Apple Lures Investors With Record-Breaking Buyback: This Week In The Market The stock market breathed a sigh of relief as Fed Chair Jerome Powell eased fears of interest rate hikes amid recent inflation surprises. The Fed now plans to hold rates steady longer to ensure ... 05/3/2024 - 9:15 am | View Link
Buying a first home is 'prohibitively expensive' and 'almost impossible' for many, says Janet Yellen Soaring home prices and surging mortgage rates have ruled out home ownership for many people, said Treasury Secretary Janet Yellen. 05/3/2024 - 1:43 am | View Link
US Federal Reserve keeps interest rates at 23-year high The US Federal Reserve on Wednesday held interest rates steady for a sixth straight meeting, keeping the level at a 23-year high to fight stubborn price increases. 05/2/2024 - 7:20 am | View Link
Fed says interest rates to stay higher for longer The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit its lowest rate against the dollar in 34 years on Monday. 05/1/2024 - 5:43 pm | View Link
Warren Buffett, CEO of Berkshire Hathaway. Nati Harnik/APDemocrats are pressuring Warren Buffett to reopen his wallet for political donations. The billionaire's influence could swing results in Omaha, clearing a victory path for Biden. Meanwhile, conservatives are backing efforts to push Nebraska to a winner-take-all system. The pressure is on for Warren Buffett to reengage in political donations — something he's avoided for the last five years.
Pro Israeli activists prepare to confront people at a pro-Palestinian encampment protesting the war in Gaza on the campus of the University of Chicago on May 03, 2024. Scott Olson/Getty ImagesRep. Mike Collins appeared to praise University of Mississippi students for racist chants. A video on X showed students engaging in racial taunts towards a Black war protester.
The "Ambience" cruise ship at anchor off Guernsey, Channel Islands, 2023. UCG | Getty ImagesA crew member from an Ambassador Cruise Line ship was reported missing at sea. The ship was sailing from Lisbon to Tilbury, England when the crew member disappeared. The search has now been called off, the BBC reported.
Warren Buffett. AP ImagesWarren Buffett issued a grave warning about artificial intelligence. The Berkshire Hathaway CEO predicted it would supercharge fraud by making scams far more convincing. The investor likened AI to the atom bomb, saying the world has let the "genie out of the bottle."Warren Buffett has raised the alarm on AI, warning it threatens to supercharge fraud by making scams more convincing than ever."Scamming has always been part of the American scene," the famed investor and Berkshire CEO said during his company's annual shareholder meeting on Saturday.
Kim Jong Un, supreme leader of North Korea, pictured in Pyongyang in 2020. API | Getty ImagesKim Jong Un's latest propaganda song, "Friendly Father," is trending on TikTok. The song is part of North Korea's strategy to embed ideological messages in catchy pop tunes. TikTok, a Chinese-owned platform, could soon be banned by the US.
Josh O'Connor as Patrick Zweig in "Challengers."Niko Tavernise / MGM"Challengers," the new tennis drama starring Zendaya, has already made more than $30 million at the box office. The film focuses on a former tennis prodigy caught in a love triangle with two other players. If you loved the sports drama, here are eight other tennis films you should watch."Challengers," the new drama starring Zendaya, Josh O'Connor, and Mike Faist, has taken the tennis world by storm since it hit theaters last week.