Getty Images Interest rates are “now gradually on the path down”, the Bank of England governor has said after borrowing costs were held at 5%. Andrew Bailey said inflation had “come down a long way” but warned the Bank would need to see more evidence that it will remain low before cutting rates further. The … Read more
BBC Davon Smith says his pay does not compensate him for the danger of the job More than 30,000 Boeing workers are on strike after their union rejected a deal that would have raised pay in exchange for the loss of bonuses and pensions. The employees are now in their second week of striking with … Read more
TikTok has hired a powerful new voice to fight its corner, as it steps up its fight against a congressional ban on the app. The Chinese owned video sharing platform appears to be gearing up for a lengthy legal fight which could reach the Supreme Court after President Joe Biden signed a bill which in … Read more
COLOMBO, Sri Lanka — Two years ago, tens of thousands of Sri Lankans rose up against their president and forced him to flee the country. As the country prepares for its first election since then, many say they’re still waiting for change. As Sri Lanka sank into economic collapse in 2022, people from various walks … Read more
BERLIN — Beef and chicken glisten as they rotate slowly on vertical spits before they are carved off in razor-thin strips. Two cooks slide from a sizzling griddle to a warm toaster in a practiced dance. Mounds of fresh tomatoes, cabbage and red onions shine in a colorful tableau. The scene at Kebap With Attitude … Read more
KYIV, Ukraine — The European Union pledged on Friday to lend Ukraine up to 35 billion euros ($39 billion) as part of a loan package organized by the Group of Seven major industrial nations, as it seeks to help the country rebuild its economy and its war-shattered power grid. G7 leaders agreed in June to … Read more
CACONDE, Brazil — Silvio Almeida’s coffee plantation sits at an ideal altitude on a Brazilian hillside, whose clay-rich soil does well at retaining moisture from rainfall and a nearby reservoir. Lately, though, water is scarce on Almeida’s modest farm in Caconde, a town in one of Sao Paulo state’s key growing regions. He can’t get … Read more
PORTLAND, Maine — Fall is back, and bringing with it jack-o’-lanterns, football, pumpkin spice everything and — in some parts of the country — especially vibrant foliage. Leaves around the northern U.S. are starting to turn orange, yellow and red, inspiring legions of leaf lovers to hop in their cars and travel to the countryside … Read more
WASHINGTON — With the 2024 election looming, the first since the mass popularization of generative artificial intelligence, experts feared the worst: social media flooded with AI-generated deepfakes that were so realistic, baffled voters wouldn’t know what to believe. So far, that hasn’t happened. Instead, what voters are seeing is far more absurd: A video of … Read more
WASHINGTON — The GOP-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don’t want. The rule issued by the Environmental Protection Agency in March would impose the most ambitious standards ever in the United States … Read more