Stocks fell on Friday as GOP negotiators halted ongoing debt ceiling negotiations, which raised doubts about a deal being reached soon. The Dow Jones Industrial Average dropped 109.28 points, or 0.33%, to 33,426.63. The S&P 500 slipped 0.14% to 4,191.98, and the Nasdaq Composite slid 0.24% to 12,657.90. However, despite Friday’s losses, all three major
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A former employee of the U.S. Office of Personnel Management (OPM), Sheron Spann, has pleaded guilty to one count of taking actions affecting a personal financial interest in Washington, D.C. federal court. She has been accused of steering over $10 million worth of OPM contracts to companies associated with her husband or herself over the
NASA’s chief has announced that a team led by Jeff Bezos’ space company Blue Origin has won a contract worth approximately $3.4 billion to build a spacecraft that will transport astronauts to and from the moon’s surface. This decision follows a high-stakes contest and will provide NASA with a second ride to the moon under
At a hearing on AI oversight earlier this week, OpenAI CEO Sam Altman was welcomed with a warm tone by lawmakers, who even asked him if he would be qualified to administer rules regulating the industry. However, this welcome has raised concerns among some AI experts who were not in attendance, who caution that lawmakers’
BT has announced plans to cut costs and boost profitability by significantly reducing the number of people working for the telecoms group. The company projects its “total labour resource” to be reduced from 130,000 to between 75,000 and 90,000 by the end of the decade under a “rolling plan”. This reduction affects both BT employees
Blue Jays pitcher Jay Jackson revealed that he was tipping his pitches during a game against the Yankees, which prompted star player Aaron Judge to glance towards the Yankees’ first-base dugout. Television cameras captured Judge’s sideways glance before he hit a 462-foot home run in the eighth inning against Jackson. The Blue Jays’ broadcasters speculated
New Jersey Governor Phil Murphy is considering defying the Supreme Court if it rules in favor of a ban on the abortion pill, mifepristone. In an interview with MSNBC’s Katy Tur, Murphy stated that “everything is on the table” and that he would do whatever it takes to save lives. He referred to other abortion
Twitter’s most active users, defined as the top 20% by tweet volume, have posted less on the platform since Elon Musk’s acquisition late last year, according to a survey from Pew Research Center. The survey’s authors noted a “noticeable posting decline” of around 25% per month following Musk’s takeover. The decline in posting by power
The Writers Guild of America (WGA) strike continues with picketers showing up across the country, demanding fair compensation and sustainable careers in the entertainment industry. On the 16th day of the strike, picketers marched outside Warner Bros Discovery’s pitch to advertisers in New York City, while others received support from celebrities and locals in Chicago
Political analysts suggest that China faces a significant challenge in attempting to broker a peace deal between Ukraine and Russia. With China trying to appear neutral enough to gain Kyiv’s trust while not hurting its allies in Moscow, the country is walking a diplomatic tightrope. China is stepping up efforts to bring Russia and Ukraine