US, Taiwan planning economic talks despite China warnings
Two senior Taiwanese government officials on Friday told CNN that Taiwan and the U.S. are planning talks on trade and the economy despite warnings from China. The officials said that the countries could begin talks “in a few weeks,” with the goal of creating more significant trade and economic cooperation between the two. The meetings will “explore concrete ways to deepen the US-Taiwan trade and investment relationship,” according to the CNN report. The report
Read MoreTrump EPA chief ordered drivers to speed when running late, says internal report
Then-Environmental Protection Agency (EPA) Administrator Scott Pruitt instructed his security detail to drive above the speed limit to make appointments, sometimes to the point of “endanger[ing] public safety,” according to a federal report first obtained by The New York Times. In the report, federal agents wrote that Pruitt, who often ran late, frequently told his drivers to “speed it up,” and prompted them to use sirens and lights, a
Read MoreActivists, workers press Google founders to support racial equity audit
A collection of civil society groups and employees at Alphabet, Google's parent company, sent letters to Google founders Sergey Brin and Larry Page and former CEO Eric Schmidt Friday urging them to support a racial equity audit at Alphabet The letters are pressing the three men to either support or abstain from voting on an investor proposal calling for an independent audit that will be evaluated at Alphabet’s annual stockholder meeting next Wednesday. Brin, Page and Schmidt collectively control over half of all shareholder votes despite no longer being involved in the d
Read MoreWatch live: Biden delivers Navy commencement address
President Biden on Friday is scheduled to deliver the commencement address at the U.S. Naval Academy's Class of 2022 graduation ceremony in Annapolis, Md. The president's remarks will begin at 10 a.m. ET. Watch the live video above. Source: TEST FEED1
Read MorePrices rose at slightly slower rate in April, new data shows
Consumer prices grew at slower yearly and monthly rates in April, according to data released Friday by the Bureau of Economic Analysis. The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, rose 6.3 percent in the 12 months ending in April, down from a 6.6 percent annual inflation rate in March. The index rose 0.2 percent in April alone, well below the 0.9 percent monthly gain from March. Without food and energy prices, which tend to be more volatile, the PCE price index rose 4.9 percent annually in April
Read More