We're in a new age of technology where we have access to any information we want with the swipe of a finger, but with that instant access comes misinformation. That is why ABC15 is taking action and partnering with the News Literacy Project for News Literacy Week.
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank. Fed officials through much of their battle with a pandemic-driven breakout of inflation said they thought it would take a period of below-trend growth to really bring price pressures into line, and the 1.6% rate of expansion registered in the first quarter met that mark after a period above the central bank's median 1.8% estimate of noninflationary potential. But prices have remained sticky, with the personal consumption expenditures price index over the first quarter rising at a 3.4% annual rate versus the Fed's 2% target.
Nasdaq beat estimates for first-quarter revenue on Thursday, driven by strong demand for its financial technology products used by traders and investors to navigate the capital markets. Revenue from its financial technology unit surged 71% to $392 million in the first quarter, while revenue from its index business jumped 53% to $168 million. "Our performance underscores the durability of our business model and our ability to deliver growth across uncertain environments," said Adena Friedman, chief executive officer, at Nasdaq on an analysts' call.
Spring has brought beautiful weather to Nunavik but with melt comes risk, says a local leader from Kuujjuaq. “The sun is a problem,” said George Kauki, president of Kuujjuaq’s Niqliit wildlife committee and a search and rescue team member. He’s been using Facebook to raise awareness over the changing weather conditions. Kauki said hunters and travellers should be even more careful than usual when going out on the land. “The melting snow, which creates water and slush, increases the risk of peopl
New York court says Hollywood mogul, who remains in prison on other charges, did not receive a fair trial.
Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles, all part of a $15-billion project that is expected to include up to $5 billion in public money. The two plants are expected to create 1,000 jobs on top of retaining the existing 4,200 jobs at the assembly plant. The deal does not involve production subsidies, which were used to woo two other automakers to build battery plants in Ontario ins
What impact will Labour's pledge to nationalise the railways have?
Sir Captain Tom Moore’s family home where he raised millions for the NHS has been put on sale following a planning row which forced the veteran’s daughter to demolish a spa building on the property.
Unions met the company on Thursday with another plea not to press ahead with proposals for its Port Talbot plant which will lead to job losses.
ALLISTON, Ont. — Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles, all part of a $15-billion project that is expected to include up to $5 billion in public money. The two plants are expected to create 1,000 jobs on top of retaining the existing 4,200 jobs at the assembly plant. The deal does not involve production subsidies, which were used to woo two other automakers to build battery plan
Your Porsche collection is about to change.
Baffinland Iron Mines Corp. is applying to continue exporting six million tonnes of iron ore from Mary River Mine through Milne Inlet, its northern marine shipping corridor, until 2030 or its railroad to Steensby Inlet is built. Megan Lord-Hoyle, the company’s vice-president of sustainable development, shared the news Wednesday during a presentation at the Nunavut Mining Symposium in Iqaluit. The company previously applied to ship 12 million tonnes of ore through Milne Inlet, but the federal gov
From scheduling regular check-ins to planning for unexpected expenses, here are a few tips to help you find more balance with your budget.
Defending national champion Michigan will go into preseason practice with a three-man competition to replace J.J. McCarthy. Kansas State transfer Will Howard and Devin Brown are the front-runners to take over at Ohio State for Kyle McCord, who transferred to Syracuse. At Michigan State, the assumption was that Aidan Chiles would be the guy when he transferred from Oregon State, the previous stop for first-year Spartans coach Jonathan Smith.
A private jet overshot a runway while landing in heavy rain at the Comandante Gustavo Kraemer International Airport in Erechim, Brazil, on April 23. Terrifying security footage captured the plane skidding down the runway before plunging down a grass embankment. The three passengers, as well as the pilot and a crew member, suffered minor injuries.
IBM (IBM) shares are falling in Thursday's pre-market trading session, marking their worst single-day decline since 2021. This plunge comes in the wake of the company's first-quarter results, which fell short of revenue estimates. Morning Brief anchors Seana Smith and Brad Smith discuss the report, shedding light on IBM's potential acquisition of cloud service provider HashiCorp (HCP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Pep Guardiola’s men can close the gap on Arsenal at the top of the table
Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European market and the prolonged strike at its Spanish mill. The company said that there is no guarantee that the labour dispute at its Spanish steel mill Cadiz will be resolved in the short term. "The European market continues to be weak and has not experienced the expected recovery...even with the reduction in supply," the company said.
The company has no debt but a growing net loss, while Palantir is the stronger peer
As we mark the 150th running of the Kentucky Derby, here are some of the most memorable moments in the history of America’s greatest race.
The disgraced reality star is slated to remain in prison until October 2032 following his conviction for receiving and possessing child sexual abuse materials
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