National Business - The Morning Sun

FILE - Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, June 12, 2024. Powell will be interviewed at the Economic Club of Washington on Monday, July 15, 2024, about the U.S. and global economies, the central bank's efforts to tame inflation and the data it tracks as it seeks to keep the economy growing. (AP Photo/Susan Walsh, File)

Powell says Federal Reserve is more confident inflation is slowing to its target

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Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually … more

By CHRISTOPHER RUGABER | 7/15/24

Two suspected attacks by Yemen's Houthi rebels strike ships in the Red Sea

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Two suspected attacks by Yemen’s Houthi rebels have targeted ships in the Red Sea, as a new U.S. aircraft carrier approached the region to provide security for the key international trade route … more

By MICHAEL WAKIN | 7/15/24

This photo provided by Prenuvo in July 2024 shows an MRI scanner. Magnetic resonance imaging uses magnetic fields to produce detailed images of organs, bones and other structures inside the body. Unlike many other types of scans, MRIs don't use radiation. (Prenuvo via AP)

Celebrities are getting $2,000 MRI scans to learn about their health. Should you?

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Celebrities and influencers are helping promote high-tech medical scans that companies claim can help catch deadly diseases, including cancer. Some experts warn the experimental approach may lead to … more

By MATTHEW PERRONE | 7/15/24

OpenAI whistleblowers ask SEC to investigate the company's non-disclosure agreements with employees

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OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission and asked the agency to investigate whether the company illegally restricted workers from speaking out about … more

7/15/24

FILE - Republican presidential candidate former President Donald Trump reacts following an assassination attempt at a campaign event in Butler, Pa., on Saturday, July 13, 2024. Trump Media surged in the first day of trading, Monday, July 15, following the assassination attempt. (AP Photo/Gene J. Puskar, File)

Trump Media shares surge on 1st day of trading after assassination attempt on the former president

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Trump Media surged in the first day of trading following an assassination attempt on former President Donald Trump. Also on Monday, a federal judge presiding over the classified documents case of … more

By MICHELLE CHAPMAN | 7/15/24

FILE - Cars are parked in front of a Macy's store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024. Macy’s Inc. said Monday, July 15, it will no longer pursue merger talks with Arkhouse and Brigade, citing the lack of certain financing. In March Arkhouse Management and Brigade Capital Management raised their offer to acquire Macy’s in a deal then valued at $6.6 billion, or $24 per share cash, up from a earlier offer of $21 per share. (AP Photo/Nam Y. Huh)

Macy's ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing

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Macy’s is cutting of talks with Arkhouse and Brigade, citing the lack of certain financing. In March, Arkhouse Management and Brigade Capital Management raised their offer to acquire Macy’s in a … more

By MATT OTT | 7/15/24

Republican presidential candidate former President Donald Trump is surrounded by U.S. Secret Service agents at a campaign rally, Saturday, July 13, 2024, in Butler, Pa. (AP Photo/Evan Vucci)

T-shirts with image of Trump raising his fist after assassination attempt are for sale in China

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Images of the moment have already been splashed across the world’s front pages and papered many corners of the internet. They show former President Donald Trump, ear bleeding, with his right hand … more

By HUIZHONG WU | 7/15/24

FILE - A Burberry store window displays some of their trademark products, in London Wednesday, Nov. 19, 2008. British luxury fashion house Burberry said Monday, July 15, 2024, it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales. (AP Photo/Alastair Grant, file)

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss

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British luxury fashion house Burberry has appointed Joshua Schulman as its new chief executive officer. The unexpected announcement came as the company warned it expected to record an operating loss … more

7/15/24

FILE - Wayne LaPierre arrives at court, Jan. 24, 2024, in New York. The second phase of the civil trial against the National Rifle Association and its top executives opens Monday, July 15, in Manhattan, with New York Attorney General Letitia James seeking an independent monitor to oversee the powerful gun rights group. (AP Photo/Yuki Iwamura, File)

Second phase of NRA civil trial over nonprofit’s spending set to open in NYC

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The second phase of the civil trial against the National Rifle Association and its top executives is opening in New York. State Attorney General Letitia James is seeking an independent monitor to … more

By PHILIP MARCELO | 7/15/24

Pedestrians crosses an intersection with the background of the central business district in Beijing, China, Monday, July 15, 2024. China's ruling Communist Party is starting a four-day meeting Monday that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology. (AP Photo/Vincent Thian)

China's economy slowed in the last quarter as weak consumer demand dragged on growth

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China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter. That was sharply below the 5.3% annual pace of growth seen in the first quarter of the year. Economists … more

By ELAINE KURTENBACH | 7/14/24

Chinese security personnel guard the entrance to the Jingxi Hotel where the Communist Party's 205-member Central Committee is holding its third plenum in Beijing, Monday, July 15, 2024. China's ruling Communist Party is starting a four-day meeting Monday, July 15, 2024 that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology. (AP Photo/Andy Wong)

China's Communist Party will signal its approach to the country's challenges at a meeting this week

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China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and … more

By KEN MORITSUGU and HUIZHONG WU | 7/14/24

FILE - Stewards check tourists QR code access outside the main train station in Venice, Italy, Thursday, April 25, 2024. Venice on Sunday July 14, 2024 wraps up a pilot program charging day-trippers an entrance fee, more than 2 million euros ($2.2 million) richer and determined to extend the levy, but opponents in the fragile lagoon city called the experiment a failure. (AP Photo/Luca Bruno, File)

Venice nets $2.2 million in day-tripper tax pilot. Opponents say it failed to deter visitors

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Venice is wrapping up a pilot program charging day-trippers a 5-euro entrance fee. It is more than 2 million euros richer and determined to continue, but opponents called the experiment that ends … more

By COLLEEN BARRY | 7/14/24

Gov. Greg Abbott receives a briefing for Hurricane Beryl from local elected officials Sunday, July 14, 2024, at Gallery Furniture in Houston. (Yi-Chin Lee/Houston Chronicle via AP)

Texas Gov. Greg Abbott demands answers as customers remain without power after Beryl

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With around 350,000 homes and businesses still without power in the Houston area almost a week after Hurricane Beryl hit Texas, Gov. Greg Abbott says he’s demanding an investigation into the … more

By JAMIE STENGLE | 7/14/24

This image released by Neon shows Maika Monroe in a scene from "Longlegs." (Neon via AP)

‘Despicable Me 4’ reigns at box office, while ‘Longlegs’ gets impressive start

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Gru and the minions are celebrating a second week in first place at the North American box office. But the surprise of the weekend was a small horror movie called “Longlegs” that upset the $100 … more

By LINDSEY BAHR | 7/14/24

FILE - An Amazon worker delivers packages in Los Angeles on Oct. 1, 2020. July sales events have become a seasonal revenue driver for the retail industry since Amazon launched its first Prime Day back in 2015. (AP Photo/Damian Dovarganes, File)

Amazon Prime Day deals are almost here. Should you take advantage of them?

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It’s summertime, and the bargains seem easy at a time when many consumer prices are high. July sales events have become a seasonal revenue driver for the retail industry since Amazon launched its … more

BY HALELUYA HADERO AND CORA LEWIS | 7/14/24

Reggaeton singer Jowell cheers during a basketball game between the Guaynabo Mets and the Bayamón Vaqueros, at the Ruben Rodríguez Coliseum in Bayamón, Puerto Rico, Monday, July 1, 2024. Puerto Rico’s professional basketball league is experiencing a renaissance thanks to reggaeton stars like Bad Bunny, Ozuna and Anuel AA, who are stepping into the financial game, buying local teams and helping to stack up a loyal fan base. (AP Photo/Alejandro Granadillo)

How reggaeton stars are driving a basketball boom in Puerto Rico

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Puerto Rico’s professional basketball league is experiencing a renaissance thanks to reggaeton stars like Bad Bunny, Ozuna and Anuel AA. They're stepping into the financial game, buying local teams … more

By CORAL MURPHY MARCOS | 7/14/24

A SIM card is shown next to a cellphone in this photo taken on Tuesday, June 11, 2024 in London. Physical SIM cards are going away, replaced by eSIMs which make switching cell carriers easier. AP Photo/Kelvin Chan)

One Tech Tip: Protecting yourself against SIM swapping

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SIM-swapping is a growing form of identity theft that goes beyond hacking into an email or social media account. Cyber thieves take over your phone number. Any calls or texts go to them, not to you. … more

7/14/24

Debris from the Titan submersible, recovered from the ocean floor near the wreck of the Titanic, is unloaded from the ship Horizon Arctic at the Canadian Coast Guard pier in St. John's, Newfoundland,, June 28, 2023 The company that owns the salvage rights to the Titanic is undertaking its first expedition to the wreckage of the ship in 14 years. The voyage arrives as the worldwide community of undersea explorers is still reeling from the deadly implosion of an experimental submersible en route to the Titanic a little over a year ago. (Paul Daly/The Canadian Press via AP)

The first Titanic voyage in 14 years is happening in the wake of submersible tragedy. Hopes are high

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The company that owns the salvage rights to the Titanic is undertaking its first expedition to the ship's wreckage in 14 years. Those involved in the mission say they have heavy hearts and lofty … more

By PATRICK WHITTLE | 7/14/24

A person uses a cell phone on Saturday, July 13, 2024, in Los Angeles. The FBI Internet Crime Complaint Center reports that SIM-swapping complaints have increased more than 400% from 2018 to 2021. New federal regulations aimed at preventing port-out hijacking are under review, but it's not clear how far they will go in stopping the crime. When your own phone access is lost to a criminal, the very steps you once took to protect your accounts — such as two-factor authentication — can be used against you. (AP Photo/Paula Ulichney)

What's worse than thieves hacking into your bank account? When they steal your phone number, too

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What’s worse than thieves hacking into your bank account? When they steal your phone number, too. Associated Press writer Fatima Hussein recently fell victim to a type of fraud known as port-out … more

By FATIMA HUSSEIN | 7/14/24

FILE -FILE - A Delta Air Lines jetliner is shown at Denver International Airport in Denver, June 26, 2019. Delta Air Lines is changing its employee uniform policy following a turbulent ride through a social media storm started by a passenger's outrage over two flight attendants photographed wearing Palestinian pins. (AP Photo/David Zalubowski, File)

Delta Air Lines adopts new rules for flight attendant uniforms after Palestinian pin flap

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Delta Air Lines is changing its employee uniform policy following a passenger’s outrage over two flight attendants photographed wearing Palestinian pins. The uproar over the July 10 post that … more

7/13/24