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Lebanon explosions raise alarm about supply chain security, safety of tech

The use of pagers and walkie-talkies in back-to-back coordinated explosions in Lebanon has drawn scrutiny to the security of global supply chains and their...

Treasury yields rise as investors digest Fed’s jumbo rate cut

U.S. Treasury yields were higher on Thursday as investors digested the Federal Reserve's decision to cut interest rates by 50 basis points on Wednesday.At...

US Fed cuts rates by larger than usual half-percentage point

Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve...

Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...

Inflation update: CPI rate UNCHANGED at 2.2% with Bank of England in ‘strong position’ to cut rates

Inflation for the 12 month to August 2024 remained unchanged from the previous month of 2.2 per cent, according to figures from the Office...

Instagram makes teen accounts private as pressure mounts

Instagram is making teen accounts private by default as it tries to make the platform safer for children amid a growing backlash against how social...

Fed to cut rates by a quarter point with a soft landing expected, according to CNBC Fed Survey

Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesWith considerable uncertainty about what the Federal Reserve will do at its meeting this week, respondents...

Ovo to pay £2.4m after failing to deal with complaints – how to claim compensation

Energy firm Ovo is to pay £2.37m penalty for failing to handle customer complaints effectively, energy regulator Ofgem said.Ovo will pay £378,512 in compensation...

Facebook owner Meta bans RT, other Russian state media

Tech giant’s announcement comes days after Washington unveiled sanctions against Moscow-backed outlets.Meta, the owner of Facebook and Instagram, has announced a ban on RT...

Ratings agencies warn of downgrade if Boeing strike prolonged

Boeing’s management will likely need to access new sources of liquidity in the event of a prolonged strike.Fitch Ratings and Moody’s have joined S&P...

Boeing warns strike will ‘jeopardize’ recovery, hurt aircraft production

Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union...

Boeing workers go on strike in fresh blow to troubled aircraft giant

Some 33,000 union members walk off the job at factories in Seattle and Portland after rejecting pay offer.Boeing workers on the West Coast of...

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