A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
Employer medical costs are projected to rise by 6% next year, after averaging about 5.5% annually over the last three years, according to PwC.Health and Scienceread more
Voice technologies have a long way to go before they can be reliably used for health and medical services, but Google is furthest along.Technologyread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
Whether or not this year's Super Bowl becomes the most watched ever, it is expected to be the most expensive ever for Madison Avenue.
Fox, which is broadcasting the game, is earning $4 million to $4.1 million for an average 30 second spot—slightly ahead of last year's $4 million rate, but up dramatically from the $3 million price tag in 2009, and the $2.3 million back in 2004.
What's striking about that $4 million price is that it's about 2½ times the second-priciest spot on television, typically the Academy Awards.
Why is it so valuable?