Fed holds rates steady, says more ‘confidence’ needed in inflation slowdown before cuts – Times of India

[ad_1] WASHINGTON: The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months in a policy statement that tempered inflation concerns with other risks to the economy and dropped a longstanding reference to possible further hikes in borrowing costs.The U.S. central bank’s latest policy statement gave…

Read More

Trump co-defendant in Ga. case obtains subpoena for DA Fani Willis to testify about relationship with special prosecutor

[ad_1] Fulton County District Attorney Fani Willis and special prosecutor Nathan Wade have been subpoenaed to testify at a Feb. 15 hearing about allegations that Willis has financially benefitted from Wade, her alleged romantic partner. The subpoenas, first reported by The Atlanta Journal-Constitution, were revealed in a lawsuit against the Fulton County district attorney’s office…

Read More

Zuckerberg turns to face abuse victim families: ‘I’m sorry for everything you have all been through.’

[ad_1] Mark Zuckerberg stood to directly address relatives of online child abuse victims in the Senate gallery on Wednesday, a first for the chief executive of Meta and a singular moment in a morning full of tense exchanges during a Judiciary Committee hearing on child safety. “I’m sorry for everything you have all been through,”…

Read More

Mark Zuckerberg apologizes to parents at online child safety hearing

[ad_1] Meta CEO Mark Zuckerberg apologized Wednesday to parents in the audience of a Senate online child safety hearing who say that Instagram contributed to their children’s suicide or exploitation. “I’m sorry for everything you’ve all gone through,” Zuckerberg said, after Sen. Josh Hawley, R-Mo., pressed him on whether he’d apologize to the parents directly….

Read More