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[ad_1] The Federal Reserve is likely to wait longer than initially expected to cut interest rates, given stubborn inflation readings in recent months, the central bank’s top two officials said Tuesday. Policymakers came into 2024 looking for evidence that inflation was continuing to cool rapidly, as it did late last year. Instead, progress on inflation … Read more

[ad_1] For 20 years, Participant Media has been Hollywood’s pre-eminent maker of activist entertainment, backing socially conscious films like “An Inconvenient Truth,” a climate change cri de coeur, and “Wonder,” about a boy with birth defects. Its movies have won 21 Academy Awards. But the company never quite managed to do good while also making … Read more

[ad_1] The global economy is approaching a soft landing after several years of geopolitical and economic turmoil, the International Monetary Fund said on Tuesday. But it warned that risks remain, including stubborn inflation, the threat of escalating global conflicts and rising protectionism. In its latest World Economic Outlook report, the I.M.F. projected global output to … Read more

[ad_1] NPR has suspended Uri Berliner, the senior business editor who broke ranks and published an essay arguing that the nonprofit radio network had allowed liberal bias to affect its coverage. Mr. Berliner was suspended by the network for five days, starting last Friday, for violating the network’s policy against doing work outside the organization … Read more

[ad_1] The Athletic has live coverage of the 2024 WNBA draft.Just eight days after playing for an NCAA national championship, Caitlin Clark is poised to become the No. 1 pick in the WNBA Draft and burst into the professional ranks with the star power to jolt the league at a pivotal moment in its trajectory. … Read more

[ad_1] In his office on one of the upper floors of the headquarters of the Paris Olympic organizing committee, Franz Regul has no doubt what is coming. “We will be attacked,” said Mr. Regul, who leads the team responsible for warding off cyberthreats against this year’s Summer Games in Paris. Companies and governments around the … Read more

[ad_1] An A.I. deal as a diplomatic weapon A relatively small deal — by Microsoft’s standards, anyway — is leading to big geopolitical ripples on Tuesday. The tech giant is investing $1.5 billion in G42, an Emirati artificial intelligence company. On its face, that may appear to be just another effort by the tech giant … Read more

[ad_1] AUGUSTA, Ga. — The statistical models had it all mapped out. The narrative told in his recent form was the world’s most obvious foreshadowing. His pre-tournament news conference — in which he once again spoke of golf as something that he “does” and not as something that defines his life — practically solidified it. … Read more

[ad_1] When Germany’s chancellor, Olaf Scholz, took office in 2021, he pledged that his government would shift his country’s relationship with China away from one of economic dependence. Three years later, talk of scaling back reliance on China has been replaced with calls for equal access to China’s market for foreign firms. That strategy puts … Read more

[ad_1] Are you ready for some NBA postseason? We got a little taster on the season’s final weekend, with a few teams playing high-stakes games that resembled playoff environments. That was particularly true in the jumbled Western Conference standings, where the New Orleans Pelicans, Phoenix Suns, Golden State Warriors, Los Angeles Lakers and Sacramento Kings … Read more