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Tuesday,  May 21 , 2024

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The New York Stock Exchange is shown on Thursday, May 16, 2024, in New York.

Stock market today: Nasdaq composite ticks higher to a record after a quiet day on Wall Street

The New York Stock Exchange is shown on Thursday, May 16, 2024, in New York.

May 20, 2024, 2:15pm Business

Most U.S. stock indexes edged higher after a quiet day of mixed trading Monday following their latest winning week. Read story

FILE - Republican presidential candidate former President Donald Trump speaks at a campaign rally, May 1, 2024, in Waukesha, Wis. Numbers show that the economy during Trump&rsquo;s presidency has never lived up to his own hype. But polling shows Americans are more confident about his economic leadership than that of President Joe Biden. The question of who can best steer the U.S.

Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease

FILE - Republican presidential candidate former President Donald Trump speaks at a campaign rally, May 1, 2024, in Waukesha, Wis. Numbers show that the economy during Trump&rsquo;s presidency has never lived up to his own hype. But polling shows Americans are more confident about his economic leadership than that of President Joe Biden. The question of who can best steer the U.S.

May 20, 2024, 1:53pm Business

It was a time of fear and chaos four years ago. Read story

FILE - Federal Deposit Insurance Corporation Board of Directors Chairman Martin Gruenberg, testifies during the House Committee on Financial Services hearing on oversight of prudential regulators, Wednesday, Nov. 15, 2023, on Capitol Hill in Washington.

Top Democrat calls for Biden to replace FDIC chairman to fix agency’s ‘toxic culture’

FILE - Federal Deposit Insurance Corporation Board of Directors Chairman Martin Gruenberg, testifies during the House Committee on Financial Services hearing on oversight of prudential regulators, Wednesday, Nov. 15, 2023, on Capitol Hill in Washington.

May 20, 2024, 9:06am Business

The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. on Monday, saying the agency is broken and there must be “fundamental changes at the FDIC.” Read story

FILE - The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, March 21, 2023, in Boston. OpenAI has introduced a new artificial intelligence model. It says it works faster than previous versions and can reason across text, audio and video in real time.

A former OpenAI leader says safety has ‘taken a backseat to shiny products’ at the AI company

FILE - The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, March 21, 2023, in Boston. OpenAI has introduced a new artificial intelligence model. It says it works faster than previous versions and can reason across text, audio and video in real time.

May 20, 2024, 9:03am Business

A former OpenAI leader who resigned from the company earlier this week said Friday that safety has “taken a backseat to shiny products” at the influential artificial intelligence company. Read story

A poster of Julian Assange is left by protesters outside the High Court in London, Monday, May 20, 2024. A British court has ruled that WikiLeaks founder Julian Assange can appeal against an order that he be extradited to the U.S.

WikiLeaks founder Assange wins right to appeal against an extradition order to the US

A poster of Julian Assange is left by protesters outside the High Court in London, Monday, May 20, 2024. A British court has ruled that WikiLeaks founder Julian Assange can appeal against an order that he be extradited to the U.S.

May 20, 2024, 8:54am Business

WikiLeaks founder Julian Assange can appeal against extradition to the United States on espionage charges, a London court ruled Monday — a decision likely to further drag out an already long legal saga. Read story

FILE - Sale signs hang on the long display of snacks at a Target store Oct. 4, 2023, in Sheridan, Colo.

Target to lower prices on about 5,000 basic goods as inflation sends customers scrounging for deals

FILE - Sale signs hang on the long display of snacks at a Target store Oct. 4, 2023, in Sheridan, Colo.

May 20, 2024, 8:52am Business

Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and more Americans pay closer attention to their spending. Read story

FILE - Two pedestrians walk near an entrance to a Nordstrom department store at the Grove mall in Los Angeles, Dec. 2, 2021. Bruce Nordstrom, a retail executive who helped expand his family&rsquo;s Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former chairman died at his home, Saturday, May 18, 2024. He was 90. (AP Photo/Jae C.

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

FILE - Two pedestrians walk near an entrance to a Nordstrom department store at the Grove mall in Los Angeles, Dec. 2, 2021. Bruce Nordstrom, a retail executive who helped expand his family&rsquo;s Pacific Northwest department store chain into an upscale national brand, has died. Seattle-based Nordstrom Inc. said its former chairman died at his home, Saturday, May 18, 2024. He was 90. (AP Photo/Jae C.

May 20, 2024, 8:52am Business

Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died. Read story

FILE - Signs for a Red Lobster restaurant are shown in San Bruno, Calif., Tuesday, May 14, 2024. Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of restaurants. The seafood chain has been struggling for some time with lease and labor costs piling up in recent years and also promotions like its iconic all-you-can-eat shrimp deal.

Red Lobster seeks bankruptcy protection days after closing dozens of restaurants

FILE - Signs for a Red Lobster restaurant are shown in San Bruno, Calif., Tuesday, May 14, 2024. Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of restaurants. The seafood chain has been struggling for some time with lease and labor costs piling up in recent years and also promotions like its iconic all-you-can-eat shrimp deal.

May 20, 2024, 8:50am Business

Red Lobster, the casual dining chain that won fans with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. Read story