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Judge blocks probe of Federal Reserve in victory for bank
“This process has been arbitrarily undermined by an activist judge,” Pirro said at a fiery press conference responding to the decision, which quashed subpoenas – orders to compel someone to give testimony – from her office seeking information from the bank about cost overruns at renovations of its offices.
Why has the Bank of England cut interest rates?
So why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to remain there? This vexed question is why the proceedings of the Bank’s nine member Monetary Policy Committee were so close and even involved an unprecedented second vote. The bottom line is that in…
US tariffs on coffee and bananas to ease under new trade deals
Danielle KayeBusiness reporter Bloomberg via Getty Images A customer shops at a Costco store in Teterboro, New Jersey, US. The Trump administration on Thursday announced frameworks for trade deals with four Latin American countries, which senior officials said will include tariff relief on coffee and bananas. The Trump administration on Thursday said import taxes on…
Drivers over 70 to face eye tests every three years
Katy Austin,Transport correspondentand Emer Moreau,Business reporter Getty Images Drivers over 70 will have to take an eye test every three years to keep their licence Drivers over the age of 70 will have to have their vision checked every three years, under plans to reform driving laws in Britain. The changes are part of the…
Watch: BBC explains closing arguments of the Musk-Altman trial
Over the past three weeks, Elon Musk and his lawyers have argued in a California federal court that Sam Altman – with whom he founded OpenAI – has swindled him out of millions of dollars and reneged on the ChatGPT-maker’s original non-profit mission. Musk and Altman themselves testified in a case in which the future…
