Business

Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data hours earlier that showed a slight cooldown of price increases. At seven consecutive meetings spanning nearly a year, the Fed has opted to hold rates steady in response […]

Javier Ghersi/Getty Images (WASHINGTON) — Consumer prices rose 3.3% in May compared to a year ago, easing slightly from the previous month and outperforming economists’ expectations. The data arrived hours before the Federal Reserve is set to announce a decision about whether to move its benchmark interest rate. Price increases have slowed significantly from a […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will announce its latest decision on interest rates, just hours after fresh inflation data is set to reveal the status of the central bank’s fight to slow price increases. At six consecutive meetings spanning nearly a year, the Fed has opted to hold rates steady […]

Javier Ghersi/Getty Images (WASHINGTON) — The release of inflation data on Wednesday will reveal the latest movement for consumer prices, which continue to strain households and top surveys of voter priorities less than five months before the November election. The data will arrive hours before the Federal Reserve announces a decision about whether to move […]

onurdongel/Getty Images (NEW YORK) — As airports prepare for the highest passenger volumes this summer, the Transportation Security Administration is bracing for the travel crush and sharing what passengers need to know to get through crowded airports with some ease. TSA already announced its second busiest day in history over the weekend as summer travel […]

ATU Images/Getty Images (WASHINGTON) — In a sweeping change that could improve millions of Americans’ ability to own a home or buy a car, the Biden administration will propose a rule Tuesday to ban medical debt from credit reports. The rule, which will be announced by Vice President Kamala Harris and Consumer Financial Protection Bureau […]

Former Theranos CEO Elizabeth Holmes alongside her boyfriend Billy Evans, walks back to her hotel following a hearing at the Robert E. Peckham U.S. Courthouse on March 17, 2023 in San Jose, California. (Philip Pacheco/Getty Images) (SAN FRANCISCO) — Disgraced Theranos founder Elizabeth Holmes’ appeal will be heard at a federal courthouse in San Francisco […]

Andrej Sokolow/picture alliance via Getty Images (CUPERTINO, Calif.) — Apple unveiled artificial intelligence-fueled features across several key products on Monday, heralding the long-awaited entry of the tech giant into the high-stakes AI race. The latest version of Apple’s operating system will deliver customizable tools using generative AI for iPhones, Mac and iPad, Apple said at […]

Lamborghini says the successor to the Huracan will have an electrified twin-turbo V8 engine. A Huracan STJ is shown here. — Lamborghini (NEW YORK) — It’s nearly impossible not to smile when you squeeze the throttle on the new Aston Martin Vantage. Aston executives may wax on about the Vantage’s state-of-the-art infotainment system, but what’s […]

Douglas Sacha/Getty Images (NEW YORK) — A better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy, even after years of high interest rates and stubborn inflation. Employers hired 272,000 workers last month, blowing past economist expectations of 190,000 jobs added, U.S. Bureau of Labor Statistics data showed. The unemployment rate ticked […]