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Dow drops 245 points as Fed minutes spooks Wall Street

U.S. stocks closed lower on Wednesday after the Federal Reserve released the minutes from its May policy meeting. The Dow Jones Industrial Average lost 0.58%, or 245 points, while the S&P 500 and Nasdaq Composite indices fell 0.56% and 0.51%, respectively. The central bank’s minutes indicated a cautious approach to monetary policy and warned of … Read more

Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show

Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with interest rate policy, minutes released Wednesday show. The summary of the May 6-7 meeting of the Federal Open Market Committee reflected ongoing misgivings about the direction of fiscal and trade policy, with officials ultimately … Read more

Freedom of the Press Foundation Threatens Legal Action if Paramount Settles With Trump Over ’60 Minutes’ Interview

Media advocacy group Freedom of the Press Foundation has sent a warning letter to Paramount mogul Shari Redstone, outlining plans to file a lawsuit if the media company settles a suit brought by President Donald Trump against its subsidiary, CBS. “Corporations that own news outlets should not be in the business of settling baseless lawsuits … Read more

How the Signal Knockoff App TeleMessage Got Hacked in 20 Minutes

They tried logging into secure.telemessage.com using a pair of these credentials and discovered that they had just hacked a user with an email address associated with US Customs and Border Protection, one of the agencies implementing Trump’s draconian immigration policy. CBP has since confirmed that it was a TeleMessage customer. After spending a few more … Read more

’60 Minutes’ warns about Trump’s threat to ‘the rule of law’

As its parent company faces a lawsuit from President Donald Trump, “60 Minutes” aired a segment Sunday night that labeled Trump a threat to the legal system, election system and the rule of law itself. Host Scott Pelley spoke to several lawyers about Trump’s executive orders targeting and penalizing law firms associated with Democratic attacks … Read more

’60 Minutes’ Kamala Harris interview receives Emmy nomination amid Trump lawsuit

The controversial “60 Minutes” interview at the center of President Donald Trump’s high-stakes lawsuit against CBS News is now an Emmy-nominated program.  The nominations for the 46th News & Documentary Emmy Awards were announced Thursday. “60 Minutes” landed several nods, most notably in the Outstanding Edited Interview category for its primetime special featuring then-Vice President … Read more

DWTS’ Val Chmerkovskiy Got 20 Minutes to Talk to Wife Jenna on New Show

Val Chmerkovskiy treasured the 20 minutes a day he got to speak with wife Jenna Johnson while filming Hulu’s Got to Get Out. “It affected me vastly. We had access to the phone for 20 minutes a day for just emergency purposes. It only took 10 days to film but it felt like a year,” … Read more

Hundreds of New Yorkers spent hours waiting in line for free eggs. All 100 cartons were gone in less than 10 minutes

Hundreds of people lined up Friday morning at three sites in New York City, some arriving more than an hour early, for the opportunity to snag one of the nation’s hottest commodities: a dozen free eggs. People were bundled up against the windy cold as they stood outside a Harlem restaurant, patiently waiting to be handed … Read more

Bluesky now lets users upload videos that are up to 3 minutes long

Bluesky now allows videos that are up to three minutes long, the decentralized social network announced on Monday. The platform launched support for video back in September with a 60-second time limit. With the new expanded time limit, Bluesky is bringing its user experience more in line with its competitors, X (formerly Twitter) and Meta’s … Read more

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