Economy
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Interest rates hold expected but Bank of England facing tough choices
Policymakers at the Bank of England are expected to keep interest rates unchanged despite price rises accelerating due to the…
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US Federal Reserve raises rates by 25 basis points, first hike in three years
The US Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, lifting the federal funds…
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Bernie Sanders campaigns for 32-hour work week
Bernie Sanders along with California Rep. Mark Takano reintroduced the Thirty-Two Hour Workweek Act last week, pushing employers to shorten…
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OpenAI rogue agents probed Hugging Face for weaknesses months before major hack
Rogue AI agents from OpenAI hijacked Hugging Face user accounts and probed the platform for vulnerabilities as early as May,…
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US pays $725 million to UN, easing its debt dispute with the world body
The Trump administration paid $725 million to the United Nations, the organization said on Wednesday, reducing Washington’s large debt and…
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Saudi Arabia seeks to resume half of key oil pipeline within days
Saudi Arabia is seeking to return about half the capacity of its cross-country oil pipeline within days after the link…
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US borrowing costs hit highest level since 2007
US government borrowing costs climbed to their highest level since 2007 after a jump in oil prices further fuelled concerns…
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Data centres and pipelines up for grabs as Carney pitches Canada to investment giants
Prime Minister Mark Carney is pitching Canada as a “safe harbour” for some of the world’s largest investors in an…
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110 million tons of uranium ore discovered in Medina
Saudi Arabia has discovered 110 million tons of uranium-concentrated ore, marking one of the most significant discoveries for the kingdom,…
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EU “Kids Act” proposed to shield children from social media
The European Union will be proposing a new law on Thursday that aims to shield young users, mainly children, from…
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