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BIRMINGHAM, Ala. (AP) – Reigning Indianapolis 500 champion Josef Newgarden blinked back tears Friday as he took blame for manipulating the push-to-pass system in his season-opening IndyCar victory, which has since been taken away, calling it a shame and an acknowledgment that he may still have a long way to go to regain the respect … Read more
Stay informed with free updates Simply log in to the American inflation myFT Digest – delivered straight to your inbox. US inflation rose to 2.7 percent in the year to March, another sign that price pressures remain stubbornly high, complicating the Federal Reserve’s plan to cut interest rates this year. Friday’s data on personal consumption … Read more
Investors are giving up dreams of upcoming rate cuts as inflation remains stubborn, a problem that could prompt Federal Reserve policymakers to keep borrowing costs high for an extended period. The latest reading of the Fed’s most closely watched inflation measure, released Friday, shows price increases remain significantly faster than the Fed’s 2 percent target. … Read more
Liverpool and Feyenoord have agreed a compensation package that will allow Arne Slot to become Jurgen Klopp’s successor at Anfield. The 45-year-old Dutchman is now free to join Liverpool this summer after Feyenoord’s Eredivisie season ends. The Athletics reported earlier this week that Liverpool had an opening offer of €9 million (£7.7 million, $9.6 million) … Read more
(Bloomberg) — Shares of Nvidia Corp. are recovering from last week’s sell-off, as some of the chip giant’s biggest customers double down on their investments in artificial intelligence. Most read from Bloomberg Shares of the Santa Clara, California-based company rose 15% this week, adding nearly $290 billion in market capitalization and posting its best weekly … Read more
NEW YORK (AP) — Rooting for Donald Trump failure has rarely been so profitable. Just ask a group of mostly amateur Wall Street investors who collectively made tens of millions of dollars last month betting that the stock price of his social media company – Truth Social — will continue to decline despite massive buying … Read more
The Cowboys entered the field Thursday night wanting a left tackle in the first round. Everyone knew it. They also felt they would go back before making an offensive tackle, with Jerry Jones telling Nick Harris of the team website that there would be a “80 percent chance“The Cowboys wouldn’t make a pick at 24 … Read more
Federal authorities say a “critical safety hole” in Tesla’s Autopilot system contributed to at least 467 collisions, 13 of which resulted in fatalities and “many others” resulting in serious injuries. The findings come from a National Highway Traffic Safety Administration analysis of 956 crashes where Tesla Autopilot was believed to be in use. The results … Read more
Milwaukee Bucks star Giannis Antetokounmpo has been ruled out for Friday’s Game 3 against the Indiana Pacers as he continues to rehabilitate a left soleus injury, the team announced. Antetokounmpo has already missed the first two games of the Bucks’ first-round series against the Pacers due to the left calf injury he suffered against the … Read more