The Federal Reserve has revised its economic outlook, citing rising tariffs and their impact on inflation. In 2021, Fed Chair Jerome Powell described the surge in prices as “transitory,” but now acknowledges it may be more persistent. As costs continue to accelerate, Powell’s predecessor is revising his forecast, warning that inflation could persist over the … Read more
Google has blocked an internet user’s IP address after receiving a large number of requests from that account within a short period. This action is typically taken to prevent abuse and ensure the stability of its services. The 429 error code, also known as “Too Many Requests,” indicates that the user has exceeded the allowed … Read more
US Treasury yields fell on Thursday as investors weighed the US economy’s state a day after the Federal Reserve kept interest rates steady. The 10-year benchmark note yield dropped more than 6 basis points to 4.189%, and the 2-year Treasury yield decreased by over 4 basis points to 3.934%. The Fed, led by Chair Jerome … Read more
The US Department of Defense has restored a story about Jackie Robinson’s Army history after it was unexpectedly removed from its website on Tuesday night. The webpage was scrubbed with the phrase “dei” added to the URL, indicating it was taken down as part of President Trump’s administration’s efforts to remove diversity and inclusion programs. … Read more
US President Donald Trump has urged the Federal Reserve to cut interest rates, going against its current stance as trade tensions escalate with his tariff policies. In a post on social media platform Truth Social, Trump stated that lowering interest rates would be beneficial for the economy and encouraged the central bank to make a … Read more
Microsoft is set to introduce a new feature in the Settings app that helps identify performance issues with Windows 11. The feature, currently hidden in recent Dev Channel builds, includes questions about system specs and Windows version. The page will provide users with detailed explanations of how various factors impact performance, making it easier for … Read more
Canada has confirmed that four of its citizens were executed in China on drug-related charges earlier this year. The executions were carried out without disclosure of the individuals’ identities due to their dual citizenship status. The move comes as strained relations between Canada and China continue to deteriorate since 2018, when Canada detained a Chinese … Read more
The European Commission has issued a warning to tech giants Apple and Google, stating that they must overhaul some of their products to comply with the EU’s Digital Markets Act (DMA). The warning comes after the commission ruled that the US companies may be in breach of the rules. Failure to comply could result in … Read more
Mexico’s attorney general, Alejandro Gertz Manero, has launched a new investigation into the alleged cartel killing site at a ranch in Jalisco state, where remains and personal items were found by searchers. The original investigation by local authorities is being criticized for irregularities. The “Ranch of Horror” was discovered in September 2024 by state authorities, … Read more
The European Union has outlined the steps that Apple must take to open up its iPhone operating system, allowing it to work better with competing technologies. The Digital Markets Act, a wide-ranging set of regulations, aims to prevent “Big Tech” companies from dominating markets. Under the new rules, Apple must provide device and app makers … Read more