US lawmakers seek to lower biofuel blending compliance costs
By Stephanie Kelly NEW YORK A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden
2023-07-13 04:21
Allianz US Unit Ordered to Pay $6 Billion in Securities Fraud Case
A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for
2023-07-13 03:55
Inflation just fell when rate hikes were paused. So why should the Fed keep hiking?
Inflation cooled for the 12th consecutive month in June, moving to 3% from 4% in May, according to the latest Consumer Price Index data from the Labor Department.
2023-07-13 03:52
Musk launches xAI to rival OpenAI, Google
Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT -- a program he accuses of...
2023-07-13 03:47
Biden wants voters to notice inflation drop. Republicans say people are put off by everyday prices
The politics of inflation took a sharp turn with a new report showing consumer prices rose at the slowest pace since the early months of Joe Biden’s presidency
2023-07-13 03:46
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
Police say there's no sign of crime by BBC presenter who allegedly paid teen for sexual photos
London police say there's no evidence that a BBC presenter who allegedly paid a teenager for sexually explicit photos committed a crime
2023-07-13 03:22
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 02:54
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 02:54
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 02:51
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 02:28