Warning UK economy to shrink as interest rates rise
The Bank of England also warns that the UK economy is set to shrink next year as the cost of living rises....
Why relief over the Federal Reserve could be short-lived
When the Federal Reserve decides it’s necessary to pursue the biggest interest rate hike since 2000, you wouldn’t expect a moment of celebration on Wall...
EU proposes ban on Russian oil imports this year. Hungary says no
The European Union is proposing to ban all oil imports from Russia by the end of this year and remove the country’s biggest bank, Sberbank,...
Third case of Ebola detected in northwestern DRC, WHO says
Health authorities in the Democratic Republic of Congo (DRC) have identified a third case of Ebola in the city of Mbandaka, the World Health Organization...
Covid-19’s full death toll is nearly three times higher than reported, WHO data suggests
About 14.9 million people around the world died as a direct or indirect result of Covid-19 in the period between January 1, 2020, and December...
Elon Musk probably got a huge tax break when he sold off Tesla shares
To buy Twitter, Elon Musk just sold a ton of stock and made a boatload of money on the sale. But because of a US...
America’s job growth is starting to slow
The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase, complete...
Amber Heard gives emotional testimony in defamation trial
Amber Heard took the stand on Wednesday in her defense against a $50 million defamation claim brought by her ex-husband, Johnny Depp, detailing the early...
A major disaster is declared in New Mexico, unlocking federal aid as wildfires threaten thousands of homes
Wildfires and straight-line winds that have ravaged New Mexico for a month have created a major disaster, President Joe Biden declared, unlocking critical federal aid...
Binance commits $500M to co-invest in Twitter with Elon Musk
Binance is among 18 co-investors in Elon Musk’s Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company....