31.3 C
Jamaica
Friday, June 19, 2026
HomeNewsBusiness

Business

spot_imgspot_img

Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy

The Bank of England kept its main interest rate on hold at 3.75 per cent on Thursday and hinted of hikes to come as...

Worries about AIs risks to humanity loom over the trial pitting Musk against OpenAIs leaders

At the heart of the trial pitting Elon Musk against OpenAI CEO Sam Altman is a moment when they found common cause on an ever more...

US jobless claim applications rise to 200,000 but remain historically low despite economic headwinds

US jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds.The number of Americans filing...

These numbers show the global impact of Irans grip on the Strait of Hormuz

Iran's grip on the Strait of Hormuz has jolted the world economy, causing a spike in fuel prices that has rippled through other sectors...

Mark Zuckerberg personally authorised Metas copyright infringement, publishers allege

Five publishing houses and author Scott Turow sued Meta and Chief Executive Mark Zuckerberg on Tuesday, alleging the company illegally used millions of copyrighted...

US government sues New York Times, claiming white male editor was passed over on racial and gender grounds

A federal civil rights agency filed a discrimination lawsuit Tuesday against The New York Times, claiming that the new organisation passed over a white male employee for...

Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds

Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Must read

spot_img