Powell likely to underscore inflation concerns even as Fed leaves key rate unchanged
For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign
2023-11-01 18:59
UK summit aims to tackle thorny issues around cutting-edge AI risks
Digital officials, tech company bosses and researchers are converging on a historic estate near London to discuss what to do about extreme risks posed by cutting-edge artificial intelligence
2023-11-01 16:51
Black Men’s Historic Labor Gains Unravel as Fed Fights Inflation
The recent softening in the US labor market is hurting Black men the most, threatening to unravel record
2023-11-01 16:48
Auto strike settlements will raise costs for Detroit's Big 3. Will they be able to raise prices?
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit’s automakers
2023-11-01 15:48
Judges rule state takeover of Nashville airport's board violates Tennessee Constitution
A panel of judges has ruled that it was unconstitutional for Tennessee lawmakers to pass a state takeover of Nashville International Airport’s board without approval from city officials or voters
2023-11-01 08:21
UK Covid Inquiry Drags PM Sunak Back Into Boris Johnson’s Mess
Rishi Sunak pitches himself as a clean break from the chaotic leadership of his two immediate predecessors as
2023-11-01 01:52
Stock market today: Wall Street drifts as it nears the finish of a 3rd straight losing month
Wall Street is drifting following mixed earnings reports from big companies
2023-10-31 23:28
Boris Johnson's former top aide is withering about UK government during COVID-19 pandemic inquiry
The former top aide to ex-British Prime Minister Boris Johnson has painted a picture of widespread chaos and dysfunction in government during the coronavirus pandemic
2023-10-31 22:58
Autoworkers are the latest to spotlight the power of US labor. What is the state of unions today?
From auto production lines to Hollywood, the power of labor unions is back in the national spotlight
2023-10-31 22:52
US wages rose at a solid pace this summer, posing challenge for Fed's inflation fight
Wages and benefits grew at a slightly faster pace in the July-September quarter than the previous three months, a benefit to workers that also represents a risk to the Federal Reserve’s fight against inflation
2023-10-31 21:16
Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold
2023-10-31 20:27
Singapore defense minister calls on China to take the lead in reducing regional tensions
Singapore’s defense minister has urged China as a dominant power in Asia to take the lead in reducing tensions in the region, warning that a military conflict like the one in Ukraine or the Israel-Hamas war would be devastating for the continent and its future
2023-10-31 20:18