• Vice President Kamala Harris blasts Trump saying he is to blame for Arizona abortion ruling during visit to the state as Trump says court's decision 'went too far'

    Harris traveled to Tucson on Friday just days after the AZ court's ruling. Donald Trump wrote Friday the state's Supreme Court 'went too far' with ruling but has praised the overturning of Roe and said issue should be left to states. READ MORE:

  • Apple Arcade is about fun, not profit, says exec in charge

    Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income. Apple Arcade Apple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Today, as it approaches its fifth anniversary, Apple Arcade is also the best place for Apple Vision Pro spatial games. According to Apple Arcade senior director Alex Rofman, though, the service is not about promoting spatial games, or even...

    • BBC

    Tesco says price pressures easing as profits soar

    Tesco has said price pressures on grocers have eased as it reported bumper

  • Fed Chair Powell says there has been a 'lack of further progress' this year on inflation

    Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while inflation continues to make its way lower, it hasn’t moved quickly enough, and the current state of policy should remain intact. “More recent data shows...

    • CNBC

    Fed Chair Powell says there has been a 'lack of further progress' this year on inflation

    Powell said that while inflation continues to make its way lower, the

  • Argentina's govt (and a bot) say inflation easing. Shoppers aren't so sure

    Argentina's govt (and a bot) say inflation easing. Shoppers aren't so sure (First column, 11th story, link)

    • CBC

    Can Trudeau's budget restore 'generational fairness'? Economists say don't bet on it

    The 2024 budget is being billed as a measure to restore a "generational fairness" after decades of older Canadians getting richer and younger ones getting poorer, mostly because of housing. Economists say the problems have been a long time in the making and it will take more than one budget to restore fairness.

  • Billions more in overseas aid needed to avert climate disaster, say economists

    Pressure piles on World Bank and IMF to steer countries to low-carbon transition at spring summitGovernments of wealthy countries must pledge hundreds of billions more in overseas aid payments channelled through the World Bank to avert the worst effects of the climate crisis, civil society experts and economists have said.The International Development Association fund, the arm of the World Bank that disburses loans and grants to poor countries, is worth about $93bn (£b75n) but that figure must...

  • Stubbornly high inflation still eroding purchasing power: Rabobank economist

    For two years, trade unions have been working to close the gap between inflation and income with high wage increase demands. But inflation is still high, and that gap is widening again, Rabobank economist Hugo Erken told AD. Wages will have to rise by over 4 percent in the coming months to make up for the loss of purchasing power.

  • Trump Says Biden 'Hates Israel,' Blames Him for Pro-Palestinian Protests

    Former President Donald Tump has accused President Joe Biden of having "hate" for Israel, Jews and Palestinians, while arguing that he is responsible for an avalanche of pro-Palestinian protests on U.S. college campuses.Student protesters have recently been demonstrating against Israel's ongoing attack on Gaza at universities across the country, seemingly inspired by a massive protest at New York City's Columbia University that has been accompanied by repeated reports of antisemitic incidents...

  • Big Six tech companies' profit momentum could 'collapse' in 2024, UBS says

    Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies. Growth in earnings per share (EPS) of the “Big 6 TECH+” stocks—Apple, Amazon.com, Alphabet, Meta, Microsoft, and Nvidia—was projected to decline to 15.5% by the first quarter of 2025, from 42.2% estimated for the same period this year, strategists led by Jonathan Golub said. “Our...

    • CP24

    As inflation cools, Macklem says different countries will cut rates at own pace

    OTTAWA - Bank of Canada governor Tiff Macklem says central banks will make monetary policy decisions geared toward their own economies, which means some countries may begin cutting interest rates before others. Macklem made the comments while speaking to reporters on the sidelines of International Monetary Fund meetings in Washington, D.C. Friday. “We've all been resolute in our commitment to restore price stability, and we've matched those words with action that has helped us all bring...