An inflation measure closely watched by the Federal Reserve rose faster than expected in March as high prices continued to weigh on millions of Americans. The personal consumption expenditures index showed that consumer prices rose 0.3% from the previous month, according to the Labor Department. On an annual basis, prices…

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Google parent company Alphabet joined a handful of rival tech giants paying dividends, announcing its first-ever planned payout during its latest quarterly results, which were driven by momentum in search and plans to be even more dominant in AI.  The $0.20 cash dividend will be paid June 17 to shareholders…

Air passengers traveling to and from Paris experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiations. Flight operations were substantially reduced because of adjustments made to schedules ahead of the proposed industrial action.PARIS CHARLES DE GAULLE AIRPORT UNVEILS NEW BAGGAGE HANDLING…

The Federal Communications Commission (FCC) on Thursday voted to approve a regulation that will reinstate net neutrality rules that allow the agency to regulate broadband internet access as a telecommunications service. Net neutrality rules were first imposed during the Obama administration in 2015 but were repealed in 2017 after the…

Sundar Pichai, CEO, AlphabetSource: GoogleAlphabet shares rallied in extended trading on Thursday after the company reported results that topped analysts’ estimates, showed soaring profits in its cloud division and announced its first dividend.The after-hours jump lifted Alphabet’s market cap past $2 trillion.Here are the results.Earnings per share: $1.89 vs. $1.51 expected…

Meta Platforms has been increasingly pursuing artificial intelligence and, according to CEO Mark Zuckerberg, generating significant revenue from it will take a while. Speaking on the first-quarter earnings call Wednesday evening, Zuckerberg said the corporate parent of Facebook, Instagram, Whatsapp and Threads would invest “significantly more” to support and help…

Flooding in Tanzania caused by weeks of heavy rain has killed 155 people and affected more than 200,000 others, the prime minister said Thursday.That is more than double the number of deaths reported two weeks ago as the amount of rainfall increases, especially in the coastal region and the capital,…

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