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Stocks drop after Fed update The Dow dropped more than 300 points at one point after the Fed’s update. With the Fed raising its inflation expectations and now seeing two rate hikes in 2023, investors decided to take risk off. The Dow was last down about 240 points. One bright spot was bank stocks with …

GENEVA — President Joe Biden sits down for the first time since taking office with Russian President Vladimir Putin here on Wednesday in what’s expected to be an hours-long, contentious meeting — one where Biden has said he will lay out where U.S. red lines are, and the consequences for Russia if they’re crossed. Biden …

Microsoft has confirmed that the “next-generation” of Windows will launch on June 24 via a virtual event. But ahead of the launch, a massive leak has revealed the interface of the upcoming OS that includes a redesigned Start menu and a lot more. Reports suggest that Microsoft will be releasing the next update as Windows …

Sony’s next-gen PlayStation VR headset is likely to come out in late 2022, according to a new report. Bloomberg’s sources say Sony is “aiming to release the successor in the holiday period next year,” and that the headset will use OLED panels from Samsung Display. A release in that timeframe wouldn’t be too surprising, since …

The Brooklyn Nets appeared to be in serious trouble heading into Game 5, and even more so when they went down by as much as 17 points. But even with Kyrie Irving out and James Harden hobbled, they still had Kevin Durant, and he led them all the way back for a 114-108 win to …

The day’s most anticipated moment was the election of a new president. But messengers also tackled a slate of resolutions on racial issues, abortion and the Equality Act, a sweeping piece of legislation in Congress that would extend civil rights protections on the basis of sexual orientation and gender identity while eroding some religious liberty …

Mr. Newsom is facing a recall campaign. The attempt to oust him — a Democratic governor in a blue state who was elected in 2018 in a landslide — defied even the expectations of its Republican backers by qualifying for the ballot. Speaking without a face covering at Universal Studios, Mr. Newsom said it was …

The Guardian’s Sam Levine reports: Joe Biden is officially tapping a leading voting rights lawyer for a role on a federal appellate court. Biden is nominating Myrna Pérez, the director of the voting rights and elections program at the Brennan Center for Justice, to serve on the US Court of Appeals for the 2nd circuit, …

Retail Sales Dropped 1.3% in May as Pandemic Shopping Habits Shifted  The Wall Street Journal US Retail Sales May 2021 Decline After 2 Months of Gains  Bloomberg May retail sales fell 1.3% as Americans spend less on goods  KOMO News America’s Post-Covid-19 Shopping Spree Will Be Bumpy  The Wall Street Journal Retail sales fall as Americans shift spending  OregonLive View …

2 dead, 2 injured in workplace shooting in Alabama, police say  CNN Alabama workplace shooting leaves 2 dead, 2 injured; suspect located: reports  Fox News BREAKING: 2 dead, 2 injured in Alabama water plant shooting; suspect ‘located,’ police say  Atlanta Journal Constitution Albertville Mueller plant shooting: 2 killed, 2 injured, shooter dead, latest updates  AL.com Alabama workplace shooting: Two …