IMF approves much-awaited $3 billion bailout for Pakistan, saving it from defaulting on debt
The International Monetary Fund says it has approved a much-awaited $3 billion bailout for Pakistan, a move that’s likely to save the impoverished Islamic nation from defaulting on its debt repayments
2023-07-13 03:26
Sarah Silverman and novelists sue ChatGPT-maker OpenAI for ingesting their books
Ask ChatGPT about comedian Sarah Silverman’s memoir “The Bedwetter” and the artificial intelligence chatbot can come up with a detailed synopsis of every part of the book
2023-07-13 02:51
Fed's Jefferson, fellow Fed nominees advance toward confirmation
By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden's three Federal Reserve Board nominees, including his pick
2023-07-13 02:50
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com's Prime Day two-day shopping event saw U.S. online sales
2023-07-13 02:49
What is flood insurance, and why do you need it?
Highlands, New York, was underwater and under a state of emergency as devastating floods swept the area this weekend. Gov. Kathy Hochul warned of "life-threatening flooding," and nearby West Point saw a 1-in-1000-year rainfall on Sunday afternoon, totaling nearly eight inches in six hours. Some drivers swam out of their cars to safety, and 13,000 homes lost power.
2023-07-13 02:30
Fed’s Beige Book Shows Uptick in Economy But Warns of Slowing
The US economy showed an overall increase in activity since late May, though most regions expect the pace
2023-07-13 02:29
With an Eye on 2024, Biden Touts Successful NATO Summit
President Joe Biden said the fate of democracy would be determined by decisions made by the US and
2023-07-13 02:17
US charges second Frank college aid executive with defrauding JPMorgan
By Luc Cohen NEW YORK U.S. prosecutors on Wednesday unveiled an indictment charging Olivier Amar, who helped run
2023-07-13 01:59
Kia to invest $200M in Georgia plant to begin building electric SUV there, hiring 200
Kia Corp. will invest $200 million in its Georgia factory to begin producing an electric-powered SUV
2023-07-13 01:56
Will cooling inflation help sell Bidenomics?
This weird post-pandemic, inflation-addled economy has been scrambling preconceived notions for years. And it is with that background that anyone should read this unquestionably good economic news: Inflation is unquestionably cooling.
2023-07-13 01:55
US officials: Chinese hackers breached unclassified govt email by foiling Microsoft security
U.S. officials say state-backed Chinese hackers foiled Microsoft’s cloud-based security to break into unclassified U.S. government email systems at an unspecified number of agencies including the State Department
2023-07-13 01:53
Pioneering Anchor Brewing Co. to halt operations after 127 years with beer sales in decline
San Francisco’s 127-year-old Anchor Brewing Co. will shut down after years of declining sales, citing tough economic conditions
2023-07-13 01:47
