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The Grinch comes for retailers

3 years 9 months ago
Weaker-than-expected retail sales in November pummeled market sentiment on Thursday and raised the odds that the Federal Reserve's inflation-fighting interest rate hikes would push the economy into recession.

Women's basketball pioneer Billie Moore dies at 79

3 years 9 months ago
Billie Moore -- the head coach of the first US women's Olympic basketball team, the first head coach to lead two schools to national championships in women's basketball and a member of the Naismith Memorial Basketball Hall of Fame -- died Wednesday at the age of 79.

US intel agencies likely missed chances to investigate Covid pandemic's origin, House Democrats' report says

3 years 9 months ago
Democratic investigators on the House Intelligence Committee have alleged that US intelligence agencies may have lost a critical opportunity to gather useful information on the Covid-19 pandemic's origins by failing to pivot its collection resources earlier. In a report released on Thursday morning, the Democrats also laid out perhaps the most detailed timeline to date of the litany of warnings the intelligence community offered the Trump administration in the early days of the pandemic.

Elon Musk's 'wild man strategy,' the next crypto shoe to drop, and the TikTok boogeyman

3 years 9 months ago
Puck's William Cohan tells "Nightcap's" Jon Sarlin why Elon Musk might want to run Twitter into the ground. Plus, journalist Jacob Silverman predicts what could cause a true crypto apocalypse following the arrest of Sam Bankman-Fried. And the Washington Post's Taylor Lorenz explains why American tech giants want to make TikTok the boogeyman. To get the day's business headlines sent directly to your inbox, sign up for the Nightcap newsletter.

Clock ticking on defense bill, government funding

3 years 9 months ago
Hill leaders are hoping the Senate will be able to imminently pass a major defense policy bill and a stopgap government funding bill to avert a shutdown at the end of the week -- but timing for final passage of the two measures is unclear as lawmakers attempt to sort out last-minute issues.
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