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Fed Raises Rates 0.25 Point to 4.75%–5% as Banking Stress Complicates Inflation Fight

The Federal Reserve raised its benchmark rate by a quarter point while acknowledging that banking turmoil could tighten credit and slow an economy still facing persistent inflation.

Healthcare

FDA Advisers Vote 16-1 in Favor of Paxlovid Approval for High-Risk Adults as Rebound and Drug Interactions Draw Scrutiny

Mar 18, 2023

Tech

OpenAI Launches GPT-4 With Multimodal Input and Top-10% Bar-Exam Performance as Microsoft Confirms Bing Integration

Mar 18, 2023

U.S. Guarantees All SVB and Signature Deposits and Opens Fed Facility With $25 Billion Treasury Backstop

Mar 18, 2023

Healthcare

FDA Approves Daybue as First Treatment for Rett Syndrome After 187-Patient Phase 3 Trial

Mar 11, 2023

Tech

Microsoft Brings Generative-AI Copilot Into Dynamics 365 CRM and ERP, Extending OpenAI Technology Across Business Workflows

Mar 11, 2023

Silicon Valley Bank Fails With $209 Billion in Assets After Depositors Run and Capital Raise Collapses

Mar 11, 2023

Healthcare

Eli Lilly Cuts Insulin List Prices 70% and Expands $35 Monthly Cap as Pressure Builds Over U.S. Affordability

Mar 4, 2023

Tech

OpenAI Opens ChatGPT to Developers at $0.002 per 1,000 Tokens and Launches Whisper Speech API

Mar 4, 2023

Supreme Court Weighs Biden Student-Debt Plan as Justices Test Standing, Emergency Authority and an Estimated $400 Billion Cost

Mar 4, 2023

Healthcare

FDA Authorizes First At-Home Test to Distinguish Flu A, Flu B and COVID-19 in About 30 Minutes

Feb 25, 2023

Tech

Supreme Court Tests Section 230 in Google Case as Justices Question Whether Recommendation Algorithms Create New Liability

Feb 25, 2023

Biden Makes Unannounced Kyiv Visit and Adds $460 Million in U.S. Arms as Ukraine War Nears One Year

Feb 25, 2023

Healthcare

Equatorial Guinea Confirms First Marburg Outbreak After at Least 9 Deaths and 16 Suspected Cases

Feb 18, 2023

Tech

Tesla Recalls 362,758 Vehicles Over Full Self-Driving Beta Behavior at Intersections and Speed-Limit Changes

Feb 18, 2023

East Palestine Derailment Drives Federal Health Response as EPA Says Community Air Tests Show No Contaminant Levels of Concern

Feb 18, 2023

Healthcare

CDC Adds COVID-19 Vaccination to 2023 Routine Immunization Schedules for Children and Adults

Feb 11, 2023

Tech

Microsoft Puts OpenAI Technology Into Bing as Google Unveils Bard, Turning Generative AI Into a Search War

Feb 11, 2023

2650 stories