U.S. stock futures are indicating a sharply higher Thursday open on Wall Street, as the Fed's dovish stance fuels hopes for future interest rate cuts.Morning Briefread more
Stock futures are surging after the Fed signaled interest rate cuts may begin as early as July.US Marketsread more
An Iranian surface-to-air missile shot down a U.S. military surveillance drone in international airspace over the Strait of Hormuz Thursday morning, the Pentagon said.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
While the Federal Reserve still sees no rate cut in 2019, traders are convicted a rate reduction is coming as soon as July.Marketsread more
Beyond Meat has blown up. The plant-based meat company is now larger than 80 S&P 500 companies, including Macy's, Xerox and Mylan.Trading Nationread more
Goldman Sachs lowered its price target on Tesla over concerns about demand.Marketsread 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
This month's chipmaker stock surge hasn't been enough to escape correction territory. One technician says relief could be ahead for the slammed semis.Trading Nationread more
Stephen Colbert wasn't afraid to ask the tough questions of his guest, Disaster Artist star James Franco, on Tuesday's Late Show.
At Sunday's Golden Globes, The Disaster Artist star won for best actor in a comedy or musical for his portrayal of Tommy Wiseau and donned a Time's Up pin showing his support for the initiative devoted to addressing abuse of power and promoting racial and gender equality in the workplace.
Afterward, Franco was criticized on Twitter for wearing the black and white pin. In a tweet confirmed by USA TODAY, Violet Paley accused the actor of inappropriate behavior including pushing her head toward his exposed penis and inviting her 17-year-old friend to his hotel.
More from USA Today:
Wahlberg talks controversy and awards at 'All The money in The World' premiere
Rose McGowan: 'I'm just trying to stop international rapists and child molesters'
Russell Simmons denies new 'horrific' rape allegations
Paley indicated this followed an incident in 2014 when Franco's alleged conversation with the teenager leaked, in which he reportedly asked if he should get the two a hotel room.
Paley said the two also had a "consensual relationship" and that recently Franco has offered her and others "an overdue, annoyed, convenient phone 'apology,' " which she says she does not accept.
Colbert asked his guest about the criticism he got for wearing the pin to last weekend's awards show.
"First, I want to say I wore it 'cause I do support it," Franco reasoned. "I was so excited to win, but being in that room that night was incredible. I mean it was powerful and there were incredible voices, and I support it. I support change."
He also mentioned the social-media accusations, including tweets reportedly crafted by Breakfast Club actress Ally Sheedy criticizing him. According to a screenshot of the now-deleted tweets, Sheedy asked why Franco had been "allowed in" to the ceremony and after his win, tweeted, "Please never ever ask me why I left the film/tv business." She also used #MeToo after spotting Franco and Christian Slater at a table.
"There were some things on Twitter ... I haven't read them. I've heard about them," Franco said. "First of all, I have no idea what I did to Ally Sheedy. I directed her in a play off-Broadway. I had nothing but a great time with her — total respect for her. I have no idea why she was upset."
"The others, in my life, I pride myself on taking responsibility for things that I've done," he continued. "The things I heard that were on Twitter are not accurate, but I completely support people coming out and being able to have a voice because they didn't have a voice for so long. So, I don't want to shut them down in any way. It's, I think, a good thing, and I support it."
Colbert asked if Franco had any thoughts on how to decipher the truth when people have differing recollections of a situation.
"The way I live my life, I can't live if there's restitution to be made, I will make it. So, if I've done something wrong, I will fix it. I have to," he said. "As far as the bigger issues, you know, how we do it, I really don't have the answers, and I think the point of this whole thing is that we listen. There were incredible people talking that night. They had a lot to say, and I'm here to listen and learn and change my perspective where it's off. I'm completely willing, and I want to."
The actor has not escaped fall out from the accusations. The New York Times has canceled Wednesday's TimesTalk event where he and his Disaster Artist co-star and brother, Dave Franco, were slated to chat about the project.
The news outlet said in a statement that "given the controversy surrounding recent allegations," it had canceled the discussion, according to The Associated Press.
Reps for James Franco and Ally Sheedy did not immediately return USA TODAY's request for comment.
—The Associated Press contributed to this report.