Federal Reserve Chair Janet Yellen acknowledged Tuesday that the Fed is puzzled by the persistence of unusually low inflation and that it might have to adjust the timing of its interest rate policies accordingly. Speaking to a conference of economists, …
Month: September 2017
Netflix chief executive officer and Bowdoin College graduate Reed Hastings says he’s donating $5 million to the school to help traditionally under- represented students graduate. The “Thrive” program offers academic assistance for low-income students and first-generation students at the Brunswick-area …
The World Health Organization reports 844,000 people in northeast Nigeria have been reached with one dose of oral cholera vaccine in an effort to prevent the fatal disease from spreading. The latest figures show nearly 4,000 suspected cases, including 54 …
Hackers breached the U.S. Securities and Exchange Commission’s computer system last year by taking advantage of companies that used authentic financial data when they were testing the agency’s corporate filing system, according to sources familiar with the matter. The Federal …
Equifax CEO Richard Smith announced his sudden retirement Tuesday following a massive data breach at the credit reporting company earlier this year. Smith and Equifax says they learned of the hack in late July but waited until September 7 to …
The United States has asked China not to implement its new cybersecurity law and is concerned it could damage global trade in services, a U.S. document published by the World Trade Organization showed on Tuesday. China ushered in a tough …
Mount Everest is indisputably the world’s highest peak. But precisely how tall is it and did the powerful 2015 earthquake in the high Himalayas shrink the giant mountain? Nepal is setting out on an ambitious two-year project to re-measure the …
Venezuela’s doctors, fed up with what they called the World Health Organization’s passive attitude toward the country’s deep medical crisis, protested at the agency’s Caracas office on Monday to demand more pressure on the government and additional assistance. Venezuela is …
The latest Republican effort to overhaul the nation’s health care system appears to have failed after another Republican senator came out against the plan. Senator Susan Collins from Maine became the third Republican senator to oppose the measure, saying Monday …
The Trump administration announced Monday that it would offer at least $200 million in grant funding annually for programs that offer science, technology, engineering, math (STEM), and particularly computer science education. With 6 million job openings in the United …
Global accountancy firm Deloitte has been hit by a sophisticated hack that resulted in breach of confidential information and plans from some of its biggest clients, Britain’s Guardian newspaper said on Monday. Deloitte — one of the big four professional services …
Uber’s chief executive apologized for “mistakes we have made,” but says he still plans to appeal London’s decision to revoke the ride-hailing app’s license to operate in the city. “While Uber had revolutionized the way people move in cities around …
U.S. researchers are getting ready to recruit more than 1 million people for an unprecedented study to learn how our genes, environments and lifestyles interact. Today, health care is based on averages, what worked best in short studies of a …
Airbnb is launching local tours and other experiences in New York City this week with a special host. Her listing promises an “unforgettable shoe-shopping experience’” and her bio describes her as an “actor, producer, businesswoman” and “proud New Yorker.” …
Poised to reveal a tax plan that is a pillar of his economic policy and delivering on a campaign pledge, President Donald Trump is promising “The largest tax cut in the history of our country.” Trump’s declarations came as the …
As lawmakers propose banning the sale of shark fins in the U.S., a pair of scientists is pushing back, saying the effort might actually harm attempts to conserve the marine predators. Democratic Sen. Cory Booker of New Jersey introduced a …
Iraq on Sunday urged foreign countries to stop importing crude directly from its autonomous Kurdistan region and to restrict oil trading to the central government. The call, published in statement from Prime Minister Haider al-Abadi’s office, came in retaliation for …
Swiss voters rejected raising women’s retirement age to 65 in a referendum on Sunday on shoring up the wealthy nation’s pension system as a wave of Baby Boomers stops working. Authorities pushing the first serious reform of the pension system …
Sunday’s national election in Germany will sound the starting gun for a renewed debate on fixing flaws in Europe’s shared currency to prevent future crises. France’s new president Emmanuel Macron has made it clear he is willing to push …
A spy satellite for the U.S. National Reconnaissance Office has been launched from Vandenberg Air Force Base in California. A United Launch Alliance Atlas 5 rocket carrying the classified NROL-42 satellite lifted off at 10:49 p.m. PDT Saturday. All systems …
U.S. ride-hailing firm Uber is prepared to make concessions as it seeks to reverse a decision by London authorities not to renew its license in the city, which represents a potentially big blow for the fast-growing company, a newspaper reported. …
The Environmental Protection Agency says it has recovered 517 containers of “unidentified, potentially hazardous material” from highly contaminated toxic waste sites in Texas that flooded last month during Hurricane Harvey. The agency has not provided details about which Superfund sites …
Royal families around the world, from Britain, to Jordan, to Nepal, have given their time, attention and resources to conservation efforts. Prince Albert II of Monaco has received numerous awards for his conservation work. This month he joined an Atlantic …
A British government minister has criticized the London authorities for deciding to strip Uber of its taxi license, a major setback to the U.S. technology firm that has become a big player in the city’s transport system. The British capital’s …