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
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
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
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
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Jim Carrey is quitting Facebook and dumping his stock — and is urging everyone else to do so as well.
"We must encourage more oversight by the owners of these social media platforms," Jim Carrey said in a statement to CNBC. "This easy access has to be more responsibly handled. What we need now are activist investors to send a message that responsible oversight is needed. What the world needs now is capitalism with a conscience."
The comedian tweeted on Tuesday he was selling his Facebook shares and deleting his page because the company profited from Russian interference during the 2016 U.S. election. He asked all "other investors who care about our future to do the same." Carrey did not state how many Facebook shares he owned or sold.
He added the hashtag "#unfriendfacebook."
Facebook has admitted up to 126 million people saw Russian-bought ads intended to sway the 2016 U.S. election. The company has also said its algorithms recommended content created by Russian operatives. Initially CEO Mark Zuckerberg said the idea of Facebook impacting the elections was "crazy," but later apologized for dismissing the real concerns.
"For a long time America enjoyed a geographical advantage in the world with oceans on both sides to protect it," Carrey said. "Now, social media has created cyber-bridges over which those who do not have our best interest in mind can cross and we are allowing it. No wall is going to protect us from that."
Facebook did not immediately respond to a request for comment.