U.S. Treasury yields climbed Tuesday after a key inflation report showed price increases slowing, potentially bolstering the case for the Federal Reserve to skip a rate hike this week.The 10-year Treasury yield added 7 basis points to 3.835%. The 2-year Treasury yield was trading higher by 10 basis points at 4.698%.Yields and prices have an… […]
An animated avatar generated by the AI video platform Synthesia.SynthesiaSynthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, the company told CNBC exclusively.The London-based company raised the cash in a funding round led by Accel, an early investor in… […]
Kent Walker speaks at a “Grow with Google” launch event in Cleveland.via Google Google and OpenAI, two U.S. leaders in artificial intelligence, have opposing ideas about how the technology should be regulated by the government, a new filing reveals.Google on Monday submitted a comment in response to the National Telecommunications and Information Administration’s request about how… […]
Djordje Krstic | Istock | Getty ImagesNew government data shows the annual rate of inflation dipped to the lowest level in about two years as of May.But that may be bittersweet news for Social Security beneficiaries, as they may receive a much lower cost-of-living adjustment in 2024 than they did this year.The Social Security COLA… […]
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on September 21, 2022 in Washington, DC.Drew Angerer | Getty ImagesThe Federal Reserve is expected to pause or skip — depending on whichever term you prefer… […]
Dianne Feinstein (D-Calif.), left, and Alex Padilla (D-Calif.), chat prior to a Senate Judiciary Committee hearing at the Hart Senate Office building in Washington on Thursday, June 10, 2021. | Stefani Reynolds/The New York Times/Redux Part of a senator’s job involves helping the people they represent cut through federal red tape to access services or… […]
She is not expected to handle Trump’s initial court appearance on Tuesday; that will take place in front of a magistrate judge. But Cannon is expected to have control of the case in the weeks and months ahead (unless she heeds the calls of some ethics experts who are already saying she should step aside).… […]
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] CONCORD, N.H. (AP) — A Virginia-based political marketing company has agreed to pay a $40,000 fine to settle allegations that flyers it designed during the 2022 New Hampshire state primary violated the law. Forms submitted to the U.S. Postal Service identified the owner of the 189,000 mailers as […]
By JOHN RABY Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] CLARKSBURG, W.Va. (AP) — An inmate was sentenced to more than four years Thursday for his role in the 2018 fatal bludgeoning of notorious Boston gangster James “Whitey” Bulger in a troubled West Virginia federal prison. Massachusetts gangster Paul J. DeCologero was sentenced in federal […]
TALLINN, Estonia (AP) — One spent over 5½ years behind bars in Russia while other, higher-profile detainees were released ahead of him. Another was jailed for only a few months. They include journalists, veteran political activists and those simply opposed to the war in Ukraine. The youngest is 19, the oldest 71. Among the Russians […]
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