Finance

Tense Fed is set to lead global peers with interest-rate hold

Tense Fed is set to lead global peers with interest-rate hold

(Bloomberg) — The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers. Officia...

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US Storm Starts to Hit With Grid Emergency, Canceled Flights

US Storm Starts to Hit With Grid Emergency, Canceled Flights

(Bloomberg) — A massive US storm stretching from the southern Rocky Mountains to New England triggered a grid emergency in the country’s midsection, prompted cascading travel disruptions an...

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Vertical Aerospace wants to ‘democratize’ urban air travel with its Valo air taxi

Vertical Aerospace wants to ‘democratize’ urban air travel with its Valo air taxi

Air taxis, known as eVTOL (electric vertical take off and landing) aircraft, are going from a Jetsons-like dream to near reality. Take UK-based Vertical Aerospace (EVTL). The company showcased its...

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Trump said tariffs would bring factories ‘roaring back.’ So why are manufacturing jobs on the decline?

Trump said tariffs would bring factories ‘roaring back.’ So why are manufacturing jobs on the decline?

Just before President Trump announced his sweeping tariffs on “Liberation Day” last spring, the White House celebrated February’s gain of 10,000 manufacturing jobs, noting that more than 100,000 ...

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European markets drop, gold rises as Greenland tariff threat looms

European markets drop, gold rises as Greenland tariff threat looms

European markets opened lower on Monday as threats from US President Donald Trump reignited a trade war with traditional allies across the Atlantic. At around 10am CET, France’s CAC 40 had slipped...

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Speculation Mounts Japan to Buy Yen, Perhaps With US Help

Speculation Mounts Japan to Buy Yen, Perhaps With US Help

(Bloomberg) — Speculation mounted into the weekend that Japanese authorities could be preparing to enter currency markets in a bid to halt the yen’s slide, possibly with the rare assistance...

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