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News
Iran's economic ties to Dubai hard to break despite war
8+ hour, 32+ min ago (1087+ words) In the long run, a lasting rupture between the UAE and Iran could even weigh on Dubai's economy Since the start of the war, certain Iranian products have become scarcer in Dubai, and others have seen their prices soar Last…...
Altman tells Fortune OpenAI will not go public in 2026
12+ hour, 33+ min ago (856+ words) Sam Altman says OpenAI will not go public this year over safety concerns "Given everything happening with safety, right now would be an ill-advised moment to go public, and we don't feel pressure on that," Altman told Fortune business magazine…...
'This is the test': All eyes on US Fed to tackle high inflation | Politics | fox26medford.com
16+ hour, 32+ min ago (1197+ words) Federal Reserve Chairman Kevin Warsh faces his first real test since taking office in showing how he will address rising inflation at the upcoming Fed meeting amid pressure from President Donald Trump not to raise interest rates The world's largest…...
Lights out in Laos as electricity exports surge
17+ hour, 32+ min ago (1291+ words) Laos suffers frequent power cuts, affecting hospitals, health clinics and villages Most of the power generated in Laos leaves the country for neighbours like Thailand and Vietnam Laos exported around two-thirds of its total generated electricity in 2023, the World Bank…...
Surging oil prices, higher bond yields weigh on stocks
2+ day, 22+ hour ago (1165+ words) The European Central Bank says inflation 'is set to remain well above' its two percent target Oil prices surged Thursday as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached new…...
How hot can the US-Canada trade war get?
4+ day, 5+ hour ago (1071+ words) The close economic relationship between Canada and the United States has fractured since Trump returned to office But the conflict is a mismatch, with the $31 trillion US economy roughly 13 times larger than Canada's, raising questions about the limits of Prime…...
Africa's informal economy: a burden and lifeline
4+ day, 16+ hour ago (1355+ words) The informal economy now accounts for nearly 83 percent of employment in Africa, the ILO says Mechanic Yacouba Sylla says he would need resources and state support to run a fully compliant workshop on which he pays taxes Many people in…...
Mongolians wait hours for fuel as reliance on Russia bites
5+ day, 21+ hour ago (11+ words) fox26medford.com...
ECB set to hike interest rates as Iran war flares anew
6+ day, 22+ hour ago (1032+ words) Eurozone rate-setters are seeking to navigate an uncertain economic environment People row on the river in front of the European Central Bank's headquarters and banking district in Frankfurt European Central Bank President Christine Lagarde insists the ECB sets rates based…...
US judge rejects bid to break up Google's ad business
1+ week, 3+ day ago (907+ words) The cases against Google are part of a broader effort by the US Department of Justice to curtail the competitive dominance of big tech companies, including Apple, Amazon and Meta A US federal judge on Wednesday refused to force Google…...