Biden drops out 2024 presidential election Democrats prepare to ‘pass the torch’
President Joe Biden made the decision to quit the election race against Donald Trump after weeks of pressure by a growing number of Democrats.
Financial News
Microsoft, CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recover
Crowdstrike global IT outage hits the heart of the global supply chain, with air freight, rails, ports and trucking in the U.S. and beyond down.
How a software update from cyber firm CrowdStrike caused one of the world’s biggest IT blackouts
A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday.
Ukraine’s Zelenskyy gets personal with self-appointed ‘peace’ negotiator Orban
Ukraine’s president, Volodymr Zelenskyy, on Thursday hit out at European leaders who “betray” Kyiv’s interests in a thinly veiled attack against Hungarian President Viktor Orban.
UK’s Labour vows planning reform and clean energy transition as King’s Speech reveals key policies
The U.K.’s new Labour government on Wednesday outlined a raft of proposed legislation, including the nationalization of rail operators.
IMF upgrades UK growth forecast in another boost to new Labour government
The upgrades come after two years of stagnation, with the U.K. falling into a shallow recession in the second half of 2023.
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Monday was Powell’s first public speaking appearance since the consumer price index report for June showed cooling inflation.
China gears up for its Third Plenum meeting. Here’s why real estate isn’t likely the main focus
China’s real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels.
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.
China gears up for next week’s Third Plenum meeting. Here’s why real estate isn’t likely the main focus
China’s real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels.