This week’s selloff in technology stocks underscores a gnawing anxiety among investors: What happens if you throw a big party and few people show up? The Nasdaq Composite Index has slipped nearly 3% this week as Wall Street frets over whether the trillions of dollars going into artificial intelligence will deliver the revenue and profit growth needed…
Washington — The Supreme Court on Thursday said the Trump administration can move forward with its efforts to strip more than 356,000 Syrian and Haitian immigrants of temporary protections that have allowed them to live and work in the United States. In a pair of cases that tested a key aspect of President Trump’s plan to…
Ongoing protests in Albania over luxury tourism resort backed by Jared Kushner – CBS News Watch CBS News There have been weeks of protests in Albania over a luxury tourism development backed by President Trump’s son-in-law Jared Kushner. The resort is set to rise in a protected area known for its natural beauty. Leigh Kiniry…
Washington — The Supreme Court on Thursday ruled that Monsanto cannot be held liable under state laws for failing to warn consumers about the alleged cancer risks of its weedkiller Roundup on its label. In a 7-2 decision in the case Monsanto Co. v. Durnell, the high court found that a federal law regulating the…
Washington — The Supreme Court on Thursday struck down a Hawaii restriction that prohibits concealed-carry permit holders from bringing their firearms onto private property that is open to the public. In a 6 to 3 decision in the case Wolford v. Lopez, the high court sided with a group of gun owners and a gun-rights…
For the United States’ 250th birthday, Sunday Morning asked dozens of notable Americans, from Jason Alexander and Ken Burns to Misty Copeland, what they considered to be our country’s essential songs. This is the Essential American Songbook: 90 contributors and 250 songs. Here’s a sample. Source link
Europeans endure blistering heat wave – and many without air conditioning – CBS News Watch CBS News Temperatures have topped 100 degrees in parts of France and the U.K. amid a record-breaking heat wave in Europe. As people seek relief, air conditioning is still a rare option. Chris Livesay reports. Source link
The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank’s challenge in reining in prices. The reading matched economists’ forecasts for the PCE report to come in at 4.1% annually, according to financial data service FactSet. That compares with an…
Astronomers have uncovered a pair of giant planets that are lighter than cotton candy — super-puffs the size of Jupiter. The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy. That makes them the lightest known planets of their size, said the…
IBM unveiled semiconductor technology Thursday that it says could deliver computer chips with 50 percent better performance while dramatically lowering power consumption. The technology developed by IBM isn’t ready for industrial use yet, but the Armonk, New York-based company said it “sees a path to production in as early as the next five years.” The…
