Jan 04 Officials cited strong hiring to justify raising interest rates, Fed minutes reveal By Christopher Rugaber, Associated Press Federal Reserve officials suggested at their most recent meeting that a continuing streak of robust hiring could keep inflation elevated and was a key reason why they expected to raise interest rates this year more than they had previously forecast. Continue reading
Jan 04 Cryptocurrency trading platform Coinbase to pay $100 million in settlement with New York regulators By Associated Press New York has announced a $100 million settlement with Coinbase over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity. Continue reading
Jan 04 Elon Musk says Twitter will ease ban on political advertising By Associated Press Twitter says it will ease up on its 3-year-old ban on political advertising, the latest change by Elon Musk as he tries to pump up revenue after purchasing the social media platform last year. Continue reading
Jan 04 U.S. job openings remained high in sign of economic resilience By Christopher Rugaber, Associated Press U.S. job openings slipped in November but remained at high suggesting businesses are still determined to add workers, a blow to the Federal Reserve's efforts to cool hiring and wage gains. Continue reading
Jan 03 Watch 5:02 News Wrap: Sam Bankman-Fried pleads not guilty to fraud charges related to FTX collapse In our news wrap Tuesday, FTX crypto exchange founder Sam Bankman-Fried pleaded not guilty to cheating investors and looting deposits, political fallout in Russia continued following a Ukrainian missile strike on Saturday that killed scores of Russian troops and Beijing… Continue watching
Jan 03 Founder of cryptocurrency exchange FTX pleads not guilty to fraud By Larry Neumeister, Associated Press FTX founder Sam Bankman-Fried has pleaded not guilty in Manhattan federal court to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform. Continue reading
Jan 03 Video game testers form Microsoft’s 1st U.S. labor union By Matt O'Brien, Associated Press A group of video game testers is forming Microsoft's first labor union in the U.S. It will also be the largest union in the video game industry. Continue reading
Jan 03 $785 million lottery prize is one of the largest in U.S. history By Associated Press The big prize is the sixth-largest jackpot in U.S. history and has grown so large because no one has matched all six of the game's numbers for more than two months. Continue reading
Jan 02 Watch 6:42 A look at the big issues that inspired new state laws taking effect in 2023 By Stephanie Sy, Cai Pigliucci The start of this new year is bringing with it some new state laws. Thousands of bills were passed in state legislatures in 2022, but there are a few issues that stand out for which many states have decided to… Continue watching
Dec 31 Watch 13:52 The highs and lows that defined the news of 2022 By John Yang, Lorna Baldwin, Sarah Clune Hartman, Claire Mufson As we wrap up 2022, we take a look back at some of the biggest moments that shaped the past year, and how the PBS NewsHour covered them. Continue watching