Today's Top Story
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target Read More
Business News
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Stock market today: Wall Street swings after Fed keeps interest rates high, downplays odds of a hike
U.S. stocks finished mixed after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they’re delayed because of stubbornly high inflation
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Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication
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Google and Apple now threatened by the US antitrust laws that helped build their technology empires
The U.S. Justice Department has launched a double-barreled antitrust attack on Google’s dominant search and Apple’s trendsetting iPhone
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Economic News
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Pro-Palestinian banners. Blazing Olympic rings. Workers' May Day rallies confront turbulent times
Workers and activists around the world are marking May Day with largely peaceful rallies against rising prices and calling for greater rights
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DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
DoorDash reported higher-than-expected revenue in the first quarter as strong growth in U.S. grocery orders helped make up for slowing restaurant demand
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Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target
- More Economic News»
Money News
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Iran commutes a tycoon's death sentence to 20 years in prison
Iran’s official IRNA news agency reported that a tycoon's death sentence has been commuted to 20 years in prison after he returned around $2.1 billion in assets from illegally selling oil abroad
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A Hawaii military family avoids tap water at home. They're among those suing over 2021 jet fuel leak
Richelle Dietz is a mother of two and wife of a U.S. Navy chief petty officer living on a Hawaii military base who often thinks about water
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Long lines form and frustration grows as Cuba runs short of cash
Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM
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