Fed officials leave rates unchanged and forecast three cuts next year.

Federal Reserve policymakers left rates unchanged and projected three quarter-point rate cuts in 2024 as their inflation outlook improved. Source link

What’s Missing from the COP28 Climate Deal

The global challenge of phasing out fossil fuels The COP28 climate summit wrapped up a few hours ago with a compromise agreement that calls on nations to move away from…

E3 Gaming Expo Is Shutting Down Permanently

E3, one of the world’s largest video game conventions, is shutting down permanently, its organizers said on Tuesday, ending what was once an annual rite for players and creators after…

Bill Ackman’s Campaign Against Harvard Followed Years of Resentment

The billionaire investor has mounted a high-profile battle against Harvard president Claudine Gay over antisemitism and threats to Jewish students on campus, but long-held personal grudges play a part, too.…

Ford Will Cut Planned Electric F-150 Production as Demand Slows

Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected. Source link

Google’s Antitrust Setback Could Remake the Mobile App World

Epic Games’s victory over the search giant could let app developers keep more money, and marks a fresh blow against Big Tech. Source link

Why Volkswagen Is Hiring 3,000 Engineers in China

Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories. Source link

Record Rent Burdens Batter Low-Income Life

More tenants than ever spend half or more of their income for shelter, leaving less for everything else, taking an emotional toll and leaving some without a place to call…

Ateez Is the Fourth K-Pop Group With a No. 1 Album in 2023

The eight-member boy band debuts atop the Billboard 200 this week, following Tomorrow X Together, NewJeans and Stray Kids. Source link

The Nation Magazine to Become Monthly

The progressive publication will move to the new schedule in January, and each issue will be 84 pages instead of 48. Source link