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US Fed 'within striking distance' of inflation target: official
US Fed 'within striking distance' of inflation target: official
Economy
by  AFP

The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday. "As long as inflation doesn't rebound and stay elevated, I believe the FOMC will be able to lower the target range for the federal funds rate this year," he continued.

Epic says Apple court fight is 'lost'
Epic says Apple court fight is 'lost'
Technology
by  AFP

The CEO of Fortnite-maker Epic Games said Tuesday the company's court battle to open up Apple's iPhone to alternative app stores was lost after the US Supreme Court declined to hear the case. "The court battle to open iOS to competing stores and payments is lost in the United States.