The labor union representing 22,000 US West Coast dockworkers in contract-renewal talks said it has reached a tentative agreement with their employers on “certain key issues,” and that negotiations will continue until they reach a definitive pact.
Goldman Sachs Group Inc. economists said an independent review of Australia’s central bank has “hawkish implications” for monetary policy because of tweaks to the inflation targeting framework.
Federal Reserve officials backed another interest-rate increase as they monitor economic fallout from bank strains, while fresh emergency loan data showed financial stress continues to linger.
Canada’s national police force is investigating a heist at the country’s busiest airport that may have netted thieves millions of dollars in gold and other valuables.
Thirty years after the murder of Stephen Lawrence, a Black teenager whose death sparked a push back against racism in the criminal justice system, attitudes to race, identity and belonging in the UK have undergone a profound shift.
UK household confidence shot up to its highest level since the war in Ukraine sent living costs soaring after a “sudden flowering of optimism” over the health of the economy and personal finances.
UK lawmakers have urged regulators to take action to head off “significant risks” posed to workers by the boom of artificial intelligence programs including ChatGPT.
Spooked by the threat that China might invade Taiwan, the US wants to cut its dependence on the island’s world-beating microchips. Officials in Taipei believe the Biden administration is going too far.
Federal Reserve Bank of Atlanta President Raphael Bostic said he continues to favor raising interest rates once more and then pausing as banking strains generate a headwind for the US economy.
(Bloomberg) — Argentina’s central bank increased its benchmark interest rate by 300 basis points Thursday after annual inflation soared in March and foreign currency reserves slumped.
