Federal Reserve Chair Jerome Powell warned a recent uptick of inflation, alongside a hiring slowdown, poses a \\\\\"challenging situation\\\\\" for central bankers as they aim to steer the U.S. economy through a \\\\\"turbulent period.\\\\\" The...
MIAMI --A South Florida zoo's oldest resident celebrated his 135th birthday and his first Father's Day on Sunday. Goliath, a 517-pound (234-kilogram) Galapagos tortoise atZoo Miami, became a father for the first time earlier this month, ...
Police are investigating the online footprint of 15-year-old Abundant Life Christian School shooting suspect Natalie Rupnow -- who went by Samantha -- as they piece together the course of events that left three people dead, Rupnow among them. Meanwh...
A surging stock market, low unemployment and robust growth -- by just about every measure, the economy stood poised to deliver victory for Vice President Kamala Harris. The exception, of course, was inflation, and it ap...
Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed economists' expectations, reaching its lowest level si...
Gen Z ditching 4-year colleges for trade schools, Wall Street Journal reports...
Artificial Intelligence could save lives by warning where a hurricane will hit land much sooner than traditional forecasting systems, researchers say. A new AI tool from Google DeepMind predicted where September's hurricane Lee would make...
The world is on an "unstoppable" shift towards renewable energy but the phase down of fossil fuels is not happening quickly enough, a new report says. The International Energy Agency, the global energy watchdog, predicted renewa...
A photographer has won an award for her recreations of historical and cultural moments on the River Thames. Julia Fullerton-Batten won a gold prize in the Association of Photographers (AOP) Photography Awards project category for her series ...
When Goldman Sachs entered the credit card space in 2019 with a partnership with Apple, many consumer banks were concerned that a new competitor had emerged. But just four years later, the firm is pulling back. The banking giant’s move from Wal...
San Francisco was a booming city for businesses, and then the Covid-19 pandemic happened, switching many employees from the office to working from home. Now, the city is dealing with large vacancy rates. NBC News' Jacob Ward has more....
Starbucks, the $124.4 billion global coffee giant, trails only McDonald’s as the largest restaurant chain by market capitalization. Until a few years ago, the massive coffee company held more mobile payment users than Apple Pay. But what actual...
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The winner of a major photography award has refused his prize after revealing his work was created using AI. German artist Boris Eldagsen's entry, entitled Pseudomnesia: The Electrician, won the creative open category at last week's Sony...
Fast food chain McDonald's is temporarily closing its US offices this week ahead of an expected announcement on corporate job cuts. The Wall Street Journal, which first reported the move, said McDonald's had told US and some internat...
Artificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says. It could replace a quarter of work tasks in the US and Europe but may also mean new jobs and a produc...
The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of bank failures. The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking sys...
The collapse of Silicon Valley Bank, the second-biggest bank failure in U.S. history, took place over less than 48 hours. Customers withdrew $42 billion -- nearly a quarter of the bank's total deposits -- within a single day last week...
Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double last year's total and the highest in its 115-year...
Jobs growth in the US is continuing at a solid, though slowing pace, despite rising prices and higher borrowing costs weighing on the economy. Employers added 261,000 jobs in October, while the unemployment rate rose slightly to 3.7%, the...