The US Federal Reserve has signalled that it will cut its key interest rate just once this year despite inflation easing. Back in March, the central bank had been expected to reduce borrowing costs three times by the end of 2024. However, on Wednesday, new forecasts from Fed officials who make decisions on rates pencilled […]
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood Markets, Inc., an American company that offers financial services, has made a deal to buy Bitstamp, a global cryptocurrency exchange. Robinhood is buying the global exchange for $200 million to strengthen its […]
President Biden delivers remarks on June 4 on executive actions to limit asylum. Kevin Dietsch/Getty Images/Getty Images North America hide caption toggle caption Kevin Dietsch/Getty Images/Getty Images North America The ACLU filed a lawsuit in federal court on Wednesday challenging the Biden administration’s new executive actions that block migrants from seeking asylum at the southern […]
3 hours ago By James Gallagher, @JamesTGallagher, Health and science correspondent, BBC News Getty The £8m Longitude Prize has been won after a decade-long competition to find new tools to tackle the scourge of superbugs. It has been awarded for a test that rapidly detects whether an infection is caused by bacteria and identifies the right antibiotics to […]
Starmer refuses to rule out putting up capital gains tax Q: What about capital gains tax? If you make that equal to income tax, you could raise £14bn. That must be attractive? Starmer says that won’t be in Labour’s manifesto. Rigby says in 2021 Starmer told her in an interview that Labour was looking at […]
Sport360Arabiya was honoured with the prestigious Best Sports Platform award at the Arab Media Forum (AMF). The 22nd edition of the awards – organised as part of Day 2 of the Arab Media Summit 2024 – took place on Tuesday, May 28 at Dubai World Trade Centre. The AMF is the Middle East’s largest media […]
Chinese electric cars may become pricier in the European Union (EU) after politicians called them a threat to its own industry. It has “provisionally concluded” that Chinese electric vehicle (EV) manufacturers will face tariffs from 4 July “should discussions with Chinese authorities not lead to an effective solution”. The EU’s announcement comes as it continues […]
Fire erupts in building in southern Mangaf district, an area heavily populated with foreign workers in Kuwait. At least 35 people have been killed in a building fire in Kuwait, according to state media. The blaze on Wednesday morning in the southern Mangaf district also injured at least 15 others, the KUNA news agency reported. […]
18 May 2024 By Georgina Rannard, Science reporter Getty Images There is good news for anyone who enjoyed the show-stopping aurora borealis last weekend – or missed it: there are almost certainly more on the way. The huge sunspot cluster that hurled energy and gas towards Earth will rotate back towards us in around two weeks. Scientists […]
WILMINGTON, Del. — Hunter Biden was found guilty of felony gun charges in federal court Tuesday, ending a trial that exposed some of the ugliest moments in the life of the president’s son and put on national display the first family’s pain, heartache and regrets. The jury concluded that Hunter Biden, 54, lied about his […]