The Federal Reserve is expected to leave interest rates unchanged at its July meeting on Wednesday, but rising oil prices have prompted investors to sharply increase their bets that a fresh rate hike could come later this year. At the start of the year, many economists expected at least one rate cut in 2026. But…
Rescuers are still searching for survivors after a powerful earthquake hit southwestern Japan on Tuesday, killing at least 18 people. Four people died inside a shopping center that collapsed from an explosion one hour after the quake struck. Anna Coren reports. Source link
Nearly 1,200 AI workers signed a letter on Tuesday, asking the U.S. government to slow down the development of the technology. Jo Ling Kent has more. Source link
Several schools in three states will launch the new academic year with a new security measure: drones equipped with pepper spray, strobe lights and other features that their manufacturer says can be used against an active shooter within seconds. The schools, located in Colorado, Florida and Georgia, will be the first to add drones from…
Academy Award-winning Irish singer-songwriter Glen Hansard died in a motorcycle crash in Dublin early Wednesday, his management said. He was 56. “With broken hearts, we announce the passing of Glen Hansard in the early hours of this morning,” ATC Management said in a statement to CBS News. Irish police said a man in his 50s…
London — Four women speaking to CBS News’ partner network the BBC have accused actor and band frontman Jared Leto of criminal sexual conduct when they were teenagers. One woman said the Oscar-winning actor and “Thirty Seconds to Mars” band frontman sexually assaulted her in a motel when she was 17, while another told the BBC…
Apple unveils program to allow consumers to lease devices – CBS News Watch CBS News Apple announced on Tuesday a new program called “Apple Upgrade,” which allows consumers the option to lease new devices. It applies to everything from watches to laptops. Kelly O’Grady explains. Source link
More than 10 million people were under flood alerts across the northeastern United States on Wednesday, as a storm system that brought tornadoes to parts of the Midwest earlier in the week moves into New England. The National Weather Service issued flood watches for large chunks of New York, Connecticut, Massachusetts, New Hampshire and Vermont that…
Russia’s main domestic security agency said Wednesday that Pavel Durov, founder and owner of the messaging app Telegram, has been charged with aiding terrorism and put on an international wanted list. The charges against Durov, who was born and began his career in Russia but later moved abroad, came as the Russian authorities restrict Telegram,…
The Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the numbers The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents…
