Sony cut its sales forecast for its flagship PlayStation 5 console on Wednesday, after warning of weaker transactions in its key gaming division.The Japanese gaming giant said it now expects to sell 21 million units of the PS5 in the fiscal year ending March, down from a previous forecast of…

Indonesia’s Defense Minister Prabowo Subianto, a former army general, appears to have an early unofficial lead in the race to become country’s next president, “quick counts” and exit polls show as voting closes.Prabowo appears to have won a simple majority of ballots cast in Wednesday’s elections in the world’s third-largest…

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Global stock index compiler MSCI is deleting dozens of companies from its benchmark China Index, which could further exacerbate fund outflows from Chinese…

Last updated: February 14, 2024 03:40 EST | 1 min read Source: Sang Hyon Cho / Pixabay Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged.The US Attorney’s Office for the Southern District of Florida said in a statement…

A new bill winding its way through Congress aims to increase retirees’ net income from Social Security by eliminating federal taxation of benefits. Unless the You’ve Earned It Act miraculously becomes law, it is important that you understand how your Social Security benefits are taxed at the federal level. You’ve…

The Federal Reserve announced a widely anticipated fourth interest rate pause during its January meeting on Wednesday, leaving the federal funds rate at a 22-year high of 5.25% to 5.5%.  The central bank said it would continue to assess the impact of its restrictive monetary policy on the U.S. economy before…

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CNN’s John King explains why NY-03 special election is critical New York is holding a high-stakes special election in the state’s 3rd Congressional District to fill the vacant seat of former GOP Rep. George Santos, who was expelled from the House over ethics violations. CNN’s John King explains why this…

Only a month ago, parts of Wall Street were considering what was being described as an “unthinkable” scenario of no interest-rate cuts by the Federal Reserve this year. Now, a strategist at one big bank is going a step further in the higher-for-longer theme on rates. MarketWatch Live: New-year pickup…

BBB Foods Inc.’s stock was up 9% at the closing bell in its trading debut on Friday, as Wall Street gobbled up shares of the rapidly growing Mexican supermarket chain. BBB Foods TBBB, +5.37% ended its first day of trading on the NYSE at $19.05 a share for a comfortable…