Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.
Sandra Day O’Connor, first woman on Supreme Court, dies at 93
Sandra Day O’Connor, who died from complications of advanced dementia, was the first of six women to serve on the Supreme Court.
Rep. George Santos expelled from Congress for corruption, cutting GOP majority
Rep. George Santos, R-N.Y., has been charged with federal crimes related to his campaign finances.
Pfizer to discontinue twice-daily weight loss pill due to high rates of adverse side effects
Pfizer said it still plans to release phase two trial data on a once-a-day version of its weight loss drug, known as danuglipron, in the first half of 2024.
Bill Gates shares his ‘big hope’ for COP28 as world leaders gather for climate talks
Bill Gates on Friday said he was “definitely glass half-full” when it comes to preventing the worst of what the climate crisis has in store.
Elon Musk hypes Tesla Cybertruck at deliveries event in Austin
Tesla previously aimed to sell its base model Cybertruck for about $40,000 but on Thursday revealed the base model will cost around $61,000.
Senate Judiciary authorizes subpoenas of Harlan Crow and Leonard Leo in Supreme Court ethics probe
The subpoenas were approved by 11 Democrats; no other senators voted. GOP members walked out of the committee room during the vote following some partisan bickering.
Pending home sales drop to a record low, even worse than during the financial crisis
Mortgage rates in October rose sharply, with the average on the 30-year fixed loan briefly eclipsing 8%.
Covid vaccine rates in the U.S. are slumping — and it will be a challenge to boost them
The one thing that experts, along with vaccine makers, can agree on is that low vaccination rates put people at risk of getting severe Covid infections.
Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
Ford expects $10 billion to $10.5 billion in adjusted earnings before interest and taxes and adjusted free cash flow of between $5 billion and $5.5 billion.
