Jerome H. Powell, chair of the Federal Reserve, signaled little urgency to lower interest rates with the economy sturdy and inflation still too high in a hearing with lawmakers on Tuesday. Mr. Powell, who is testifying before the Senate Banking Committee, confronts a far different economic and political landscape than when he last appeared before […]
US President Donald Trump has signed an executive order ending a US government effort to replace plastic straws with paper. The order, which takes effect immediately, reverses a measure signed by former President Joe Biden, who had called plastic pollution a “crisis”. Last week, Trump – who sold branded plastic straws during his 2020 election […]
NEW ORLEANS — The second Patrick Mahomes interception, right before halftime of a Super Bowl that was already slipping away, left no doubt about what the Kansas City Chiefs must do to stabilize a dynasty shaken by the Philadelphia Eagles in the Superdome. We’ll get to that soon enough, but with Kansas City suffering a […]
We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon Musk’s hostile bid for Sam Altman’s OpenAI. It was a development in their corporate battle (or soap opera) that few could have seen coming. Altman, who is in Paris at an A.I. summit, hadn’t even […]
Dharshini David Chief Economics Correspondent BBC President Trump’s sweeping set of tariffs are intended, in part, to protect American industries, raise money and – as we’ve seen – be used as a bargaining chip. The Republican has already imposed tariffs on imports from China, announced plans for a 25% duty on all steel and aluminium […]
Narumon Bowonkitwanchai/Getty Images By now, many economists are hoarse screaming that higher tariffs and a trade war will raise prices and hurt the U.S. economy. But many Americans aren’t listening. A recent poll by Quinnipiac University, conducted in late January, found that 42% of Americans believe tariffs will help the U.S. economy. The United States’ […]
Alex Kirkland Rodrigo Faez Feb 10, 2025, 02:13 PM ET Carlo Ancelotti said Manchester City vs. Real Madrid “feels like a Clásico now” as the teams prepare to meet in the Champions League for the fourth season in a row, and backed the tie’s winner to “go far in the competition.” In previous years, City […]
The largest refinery in the Midwest will have an unpalatable choice if President Trump imposes tariffs on Canadian oil: Pay more for the crude that it transforms into gasoline and diesel, or slash production. Both options threaten to increase prices at the pump, albeit modestly if Mr. Trump sticks with the 10 percent rate he […]
Imran Rahman-Jones Technology reporter Getty Images Four major artificial intelligence (AI) chatbots are inaccurately summarising news stories, according to research carried out by the BBC. The BBC gave OpenAI’s ChatGPT, Microsoft’s Copilot, Google’s Gemini and Perplexity AI content from the BBC website then asked them questions about the news. It said the resulting answers contained […]
Sharon Barbour Health Correspondent, North East and Cumbria BBC Samantha Dennison is at least the fourth generation of her family to have neuroferritinopathy, but her daughter has escaped it A woman who is at least the fourth generation of her family to suffer a “cruel” brain disorder, which leaves people trapped in their own bodies, […]