The 64th New York Film Festival, one of the world’s most prestigious cinema events, opens Friday with the first of more than 70 fiction features and documentaries making their world or U.S. premieres, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore, and Godzilla. This year’s festival, which runs through October 12,…
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday, reversing course as the Iran war drives up global energy prices and fuels inflation. The Fed raised the federal funds rate by 0.25 percentage points, bringing its target range to between 3.75% and 4% — its highest level since December 2025. The…
Borrowing is likely to get more expensive for Americans, and soon, according to economists. The Federal Reserve is expected to raise its benchmark interest rate on Wednesday for the first time in more than three years as the central bank battles stubborn inflation fueled by high energy prices. Some Wall Street forecasters also pencil in…
Eli Lilly said Wednesday it is suing six companies selling versions of its experimental weight-loss drug retatrutide, calling it the beginning of a concerted effort to crack down on a vast illicit market. That market has boomed even though retatrutide is still being studied in clinical trials and hasn’t been approved by the Food and…
