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• Source limited to: International Business Times

 2021-06-16 22:29 

International Business Times

Brazil Hikes Interest Rate, Eyeing Inflation...

Brazil's central bank raised its benchmark interest rate by 75 basis points Wednesday, continuing to wind down its pandemic stimulus stance in the face of rising inflation in Latin America's biggest economy.The increase -- the third straight -- br...

 2021-06-16 22:17 

International Business Times

US Stocks Dip, Dollar Rallies As Fed Edges Towards Policy Shift...

The dollar rallied while US stocks dipped Wednesday after the Federal Reserve sent signals it was moving closer to tightening monetary policy while downplaying recent signs of inflation.Following a near-flat session on European equity bourses and a down d...

 2021-06-16 21:52 

International Business Times

Student Debt Crisis: Biden Administration Forgives $500 Million In Loans To Defrauded Students...

The Department of Education on Wednesday erased more than $500 million in federal student loans, canceling debt for 18,000 applications who attended ITT Tech, a defunct for-profit chain that ceased operations in 2016."Today's action is part of the...

 2021-06-16 21:35 

International Business Times

Putin And Biden Won't Be Friends But See Path Together...

There was no talk of gazing into Vladimir Putin's "soul" and the Russian president didn't try to gaslight a rookie US leader.Instead, Putin's first summit with the fifth US president of his tenure, Joe Biden, was about mutual respect -...

 2021-06-16 21:32 

International Business Times

Ex-mayor Jailed For 8 Years Over Mexican Journalist's Murder...

A former mayor in northern Mexico has been condemned to eight years in prison for his involvement in the 2017 murder of journalist Miroslava Breach, prosecutors said Wednesday.A court in Chihuahua state handed down the sentence on Tuesday to Hugo Amed Shu...

 2021-06-16 21:31 

International Business Times

CNN Reporter Kaitlan Collins Face Backlash After Biden Loses Temper Over Putin Meeting...

CNN Chief White House Correspondent Kaitlan Collins is facing some backlash over a question that caused President Biden to lose his temper at a press conference following his summit with Vladimir Putin....

 2021-06-16 21:22 

International Business Times

Biden Sets Red Line For Putin Over Ransomware Attacks...

US President Joe Biden delivered a stern warning Wednesday to Russian leader Vladimir Putin over ransomware attacks emanating from Russia, saying he was prepared to retaliate against any more cyber assaults on American infrastructure.Speaking after the tw...

 2021-06-16 21:21 

International Business Times

US Fed Downplays Inflation Fears, Officials See Rate Hikes In 2023...

Federal Reserve Chair Jerome Powell on Wednesday once again tried to assuage fears of rising US inflation, even while a majority of central bank officials now believe interest rates will increase in 2023.While widespread vaccinations have allowed the Unit...

 2021-06-16 21:19 

International Business Times

China Set To Launch First Crew To New Space Station...

The first astronauts for China's new space station are set to blast off Thursday for the country's longest crewed mission to date, a landmark step in establishing Beijing as a major space power....

 2021-06-16 21:11 

International Business Times

Facebook AI Software Able To Dig Up Origins Of Deepfake Images...

Facebook scientists on Wednesday said they developed artificial intelligence software to not only identify "deepfake" images but to figure out where they came from.Deepfakes are photos, videos or audio clips altered using artificial intelligence t...

 2021-06-16 20:54 

International Business Times

Fourth Stimulus Check Update: Biden Administration Urged To Set Up Automatic Stabilizing Payments...

The Biden Administration has not fully thrown out the idea of providing another round of stimulus checks to Americans, though they also have not committed to actually making them a reality. While many are still hopeful another round of direct payments cou...

 2021-06-16 20:43 

International Business Times

Who Will Be The 2021 NBA Champions? One Team Given Almost No Chance At All...

As nearly every NBA team deals with serious injuries, one of the healthiest rosters remaining is actually given the worst chance to win the championship. Of the seven teams still alive in the 2021 playoffs, only the Atlanta Hawks are not viewed as a legit...

 2021-06-16 20:26 

International Business Times

Spotify Launches Greenroom, A Clubhouse Competitor...

Spotify on Wednesday launched a live audio app called Greenroom, the Swedish online music streaming giant's answer to the popular platform Clubhouse.Greenroom allows users to join live discussions or to host their own.Spotify launched Greenroom after ...

 2021-06-16 20:15 

International Business Times

Biden, Putin Hail Positive Talks, But US Warns On Cyberwar...

Joe Biden and Vladimir Putin sought to cool tensions in the combustible US-Russian relationship at their first summit in Geneva on Wednesday, with the US president saying his Kremlin counterpart doesn't want a new Cold War....

 2021-06-16 20:01 

International Business Times

Erika Jayne Accused Of Being 'Knee-Deep' In Husband Tom Girardi Embezzlement Scandal...

"Real Housewives of Beverly Hills" star Erika Jayne has claimed she was unaware of Tom Girardi's financial issues. However, the lawyer working on the class-action lawsuit against the estranged couple plans to prove she had full knowledge of he...

 2021-06-16 19:41 

International Business Times

Little Warmth Despite The Heat At Biden-Putin Summit...

Despite the soaring summer temperatures in Geneva on Wednesday, beyond the surface pleasantries there was little sign of personal warmth between Joe Biden and Vladimir Putin following their first summit.The US and Russian presidents shook hands and smiled...

 2021-06-16 19:41 

International Business Times

US Fed Officials See Rate Hikes In 2023, Again Say Inflation 'Transitory'...

The uptick in US inflation won't last, the Federal Reserve's policy setting committee said Wednesday as it ended its latest meeting, though a majority of the bank's top officials now believe interest rates may rise in 2023.The central bank ack...

 2021-06-16 19:31 

International Business Times

Mexico City Metro Crash Probe Blames Structural Flaws...

The collapse of a Mexico City metro overpass that left 26 people dead was caused by a structural failure, according to an initial investigation by independent experts published Wednesday.The report by Norwegian engineering company DNV, which was presented...

 2021-06-16 19:30 

International Business Times

Coca-Cola Dissed By Cristiano Ronaldo? Company Loses $4 Billion After Euro 2020 Press Conference...

When one of the world's most recognizable athletes disses your product, it's really not good for business. Beverage maker Coca-Cola (KO) learned that lesson the hard way.During a Euro 2020 news conference Tuesday, football legend Cristiano Ronaldo...

 2021-06-16 19:21 

International Business Times

Who Is The Best NBA Player? Kevin Durant Called Top Basketball Star With LeBron James Eliminated...

LeBron James lost more than just an opportunity to win another championship when the Los Angeles Lakers were eliminated from the first round of the 2021 NBA playoffs. The reigning NBA Finals MVP might no longer be the league's best player, a title tha...

 2021-06-16 19:13 

International Business Times

Astronauts Install New Rollout Solar Panels On International Space Station...

Astronauts Thomas Pesquet of France and Shane Kimbrough of the United States were floating outside the International Space Station on Wednesday as they began the painstaking process of installing new solar panels to boost the orbital outpost's deterio...

 2021-06-16 18:59 

International Business Times

Biden, Putin Hail Positive Talks, But US Warns On Cyber Warfare...

Joe Biden and Vladimir Putin sought to cool tensions in the combustible US-Russian relationship at their first summit in Geneva on Wednesday, but the US president drew a red line at cyberattacks, declaring them "off limits."...

 2021-06-16 18:49 

International Business Times

Trump Family: Twitter Mocks Jared Kushner's Book Deal To Tell 'The Truth' About Trump's Presidency...

Former President Donald Trump's son-in-law Jared Kushner has signed a book deal with Broadside Books, the conservative imprint of HarperCollins Publishers, to tell "the truth" about his time in the White House.Kushner's memoir, which was a...

 2021-06-16 18:37 

International Business Times

Nurse To Tell Prosecutors Maradona Barred Her From Treating Him...

A nurse accused of neglecting Diego Maradona during the last days of his life will tell prosecutors the football icon wouldn't let her check up on him, her lawyer said on Wednesday.Dahiana Gisela Madrid, 36, is one of seven people under investigation ...

 2021-06-16 18:30 

International Business Times

Apple Warns EU Law 'Risks Destroying IPhone Security'...

The EU's proposed new rules to rein in tech giants risk undermining the security of the iPhone, Apple chief Tim Cook warned Wednesday.The European Union last year unveiled tough draft rules targeting tech giants like Apple, Google, Amazon and Facebook...

 2021-06-16 18:19 

International Business Times

Sennheiser CX400 BT Wireless Earbuds Review: Very Bulky...

Who Are The Sennheiser CX400 BT Wireless Earbuds For?The Sennheiser CX400 BT wireless earbuds produce great audio qualityThe CX400 BT earbuds have decent battery life and don't need to be recharged all the timeThe CX400 BT earbuds have great microphon...

 2021-06-16 18:05 

International Business Times

Big Tech Critic Takes Lead US Regulatory Spot...

A prominent advocate of breaking up Big Tech firms began her first full day as the head of a key US regulatory agency on Wednesday, ramping up the potential for antitrust enforcement.Lina Khan was sworn in Tuesday as chair of the Federal Trade Commission ...

 2021-06-16 17:56 

International Business Times

Israel Says Hit By More 'Arson Balloons' After Striking Gaza...

Palestinian militants again launched incendiary balloons from Gaza Wednesday, hours after Israeli strikes in response to earlier cross-border fire attacks, the first flare-up since hundreds were killed in last month's conflict....

 2021-06-16 17:53 

International Business Times

UN Aviation Agency To Release Ryanair Diversion Interim Report Next Week...

The UN aviation agency said Wednesday it will release an interim report next week on the diversion of a Ryanair flight by Belarus that caused a global outcry.The United Nations' International Civil Aviation Organization last month launched a "fact...

 2021-06-16 17:42 

International Business Times

Biden-Putin Summit Was 'Constructive' But Didn't Garner A White House Visit...

The summit between President Biden and Russian President Vladimir Putin has come to an end, with the latter describing the sessions as "constructive4; in a news conference....

 2021-06-16 17:29 

International Business Times

Royal Caribbean Delays Trip After 8 Crew Test Covid-19 Positive...

Royal Caribbean is pushing back the maiden voyage of a new ship by a month after eight crew members tested positive for Covid-19, the company's chief executive said. "Two steps forward and one step back!" Chief Executive Michael Bayley said in...

 2021-06-16 17:24 

International Business Times

Putin Says US-Russia Summit 'Constructive'...

A first summit between US President Joe Biden and his Russian counterpart was "constructive4;, Vladimir Putin said Wednesday after the talks in Geneva ended....

 2021-06-16 17:18 

International Business Times

Iran Ultraconservative Headed For Presidency As Poll Rivals Pull Out...

The field of candidates in Iran's presidential election thinned out Wednesday, two days before the vote in which a victory by ultraconservative cleric Ebrahim Raisi is widely seen as a foregone conclusion.Three of the seven men who had been approved t...

 2021-06-16 16:53 

International Business Times

Waymo Raises $2.5 Bn To Rev Self-driving Cars...

Waymo on Wednesday said it has raised $2.5 billion from parent-company Alphabet and others in a new funding round to fuel its mission of getting self-driving cars on the road.The infusion of cash comes just months after the departure of Waymo chief John K...

 2021-06-16 16:42 

International Business Times

Candidates For NBA's First Female Head Coach Growing Amid Pelicans, Celtics, Blazers Vacancies...

As the number of NBA head coaching vacancies increases, so has the list of female candidates. Six teams are now looking to fill the position, and there is a real chance that a woman will be hired for one of those roles....

 2021-06-16 16:38 

International Business Times

EU Chief Signs Off On Spain, Portugal Recovery Plans...

Spain and Portugal became the first EU countries to win Brussels' approval Wednesday for their recovery plans seeking funding from the bloc's multi-billion-euro coronavirus rescue fund."The European Commission has decided to give its green lig...

 2021-06-16 16:07 

International Business Times

General Motors Hits The Gas On Electric, Autonomous Push...

General Motors is hitting the accelerator on its drive towards electric autos, significantly boosting its near-term investments as it unveils new models and builds production capacity.The biggest US automaker announced it will raise spending by 30 percent...

 2021-06-16 16:05 

International Business Times

Moscow Protects Hackers Inside Russia: Top US Justice Official...

The Russian government actively harbors hackers and ransomware extortionists operating from inside the country, the US Justice Department's top national security official said Wednesday as the two countries' leaders held talks in Geneva."There...

 2021-06-16 15:57 

International Business Times

Facebook Beefs Up Tools For Keeping Group Chats Civil...

Facebook on Wednesday beefed up automated tools to assist group moderators striving to keep exchanges civil in a time of clashing viewpoints.The leading social network hammered by critics over vitriolic content in news feeds has played up groups as enclav...

 2021-06-16 15:55 

International Business Times

10 Budget-Friendly Ways To Spend On National Splurge Day...

June 18 is National Splurge Day! If you're wondering why this sounds familiar, in pop culture there's "Treat Yo' Self Day." This was made popular by Tom and Donna of Parks and Recreation. National Splurge Day was created in 1994 by Adr...

 2021-06-16 15:46 

International Business Times

Debt Is Cheap, Now Is The Time For US To Invest: Yellen...

The United States should take advantage of current low borrowing rates to make investments aimed at "unwinding" destructive trends in the economy, including wage inequality, Treasury Secretary Janet Yellen said Wednesday.President Joe Biden's ...

 2021-06-16 15:42 

International Business Times

Wales Set For Hostile Crowd As Italy Eye Euro 2020 Knockouts...

Wales are bracing for a hostile reception when they face Turkey in Baku at Euro 2020 on Wednesday while rejuvenated Italy can seal their place in the last 16 with victory against Switzerland.After drawing 1-1 with the Swiss in their opening Group A game, ...

 2021-06-16 15:36 

International Business Times

US Fed Set To Conclude Meeting Amid Inflation Worries...

Federal Reserve officials were in the final hours of their two-day meeting on Wednesday, and while they may signal that they are monitoring price increases brought about by the US economy's reopening, analysts expect no major changes in policy.With th...

 2021-06-16 15:33 

International Business Times

These States Have The Highest STD Infections...

A report released Wednesday by the Centers for Disease Control and Prevention showed that sexually transmitted diseases in the U.S. hit an all-time high for the sixth consecutive year. There were more than 2.5 million cases reported in 2019.The data from ...

 2021-06-16 15:24 

International Business Times

Mega Millions Winning Numbers: Did Anyone Win June 15 Jackpot?...

The latest Mega Millions jackpot has grown following the Tuesday night lottery drawing, which did not result in any winners for the $22 million grand prize. There were also no instant millionaires that resulted from the latest lottery drawing. If a player...

 2021-06-16 15:04 

International Business Times

NBA Injury Report: Kawhi Leonard, Chris Paul Out As Clippers, Suns Make NBA Finals Push...

The landscape of the 2021 NBA playoffs was altered Wednesday with news that the two best players left in the Western Conference could miss a significant period of time. Both Kawhi Leonard and Chris Paul are reportedly out for their next game, and possibly...

 2021-06-16 15:00 

International Business Times

Second Maradona Nurse To Be Questioned Over Star's Death...

A second nurse accused of neglecting football icon Diego Maradona during the last days of his life was due to be questioned by Argentine prosecutors on Wednesday.Dahiana Gisela Madrid, 36, is one of seven people under investigation for manslaughter after ...

 2021-06-16 14:57 

International Business Times

Yemen Fishermen Hit Jackpot With Million-dollar Find In Whale's Belly...

For Yemeni fisherman Fares Abdulhakeem and his friends, the day was like any other as they headed out to sea to earn a living in the war-torn country -- until they hit the jackpot in the belly of a whale.Abdulhakeem related how he was among 35 fishermen w...

 2021-06-16 14:45 

International Business Times

Germany Buys Data From Dubai In Crackdown On Tax Fraud...

Germany has purchased data from an anonymous source in Dubai on millions of taxpayers worldwide in a bid to crack down on tax evasion, the finance ministry said Wednesday.The data provides information on people who own land, property and other assets in t...

 2021-06-16 14:37 

International Business Times

Biden Pushes Putin For Stable 'Great Powers' Relationship...

President Joe Biden pressed Vladimir Putin at their summit Wednesday to replace the combustible US-Russian standoff with a more "predictable"; relationship between "two great powers" capable of agreeing to disagree....

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