Yearly Archives: 2024
Getty Images The US central bank has cut its key interest rate again as Donald Trump’s election as president raises new uncertainty about the future for borrowing costs. The cut puts the Federal Reserve’s lending rate in the range of 4.5%-4.75%. It marks the second drop in a row after the Fed lowered rates for […]
The logo of the label Steve Madden at the fashion fair Premium. ens Kalaene | Picture Alliance | Getty Images Steve Madden said Thursday that it will slash the goods it imports from China by as much as 45% over the next year as it braces for President-elect Donald Trump to carry out his pledge […]
NEW DELHI: Noting that survivors of sexual assault and acid attack cases are not given compensation by trial courts while deciding the case, Supreme Court has now made it mandatory for courts to extend financial succour to them irrespective of whether accused is convicted or acquitted.A bench of Justices B V Nagarathna and Pankaj Mithal […]
Feeling sleepy during the day could signal a more serious issue for some groups. A new study published in the journal Neurology revealed a possible connection between daytime sleepiness in older people and dementia risk. People who lack enthusiasm for activities and feel sleepy during the day were found to have a higher risk of […]
Pedestrians react to the World Trade Center collapse, September 11, 2001. — Reuters A US military judge has reinstated plea agreements for 9/11 mastermind Khalid Sheikh Mohammed and two other defendants, an official said Thursday, three months after the deals were scrapped by Defense Secretary Lloyd Austin. The agreements — which are understood to take […]
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government’s first budget. The Monetary Policy Committee voted 8-1 to cut interest rates to 4.75% from 5%, a stronger majority than expectations […]
A contentious Swiss prohibition on facial coverings in public spaces widely known as the “burqa ban” will take effect on Jan. 1, the government said on Wednesday. Narrowly passed in a 2021 referendum in neutral Switzerland, and condemned by Muslim associations, the measure was launched by the same group that organised a 2009 ban on […]
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now had 110.5 million subscribers as of Sept. 30. Warner Bros. Discovery’s flagship streaming service has […]
President Joe Biden urged Americans on Thursday to lower the political temperature after Donald Trump’s crushing election win over Kamala Harris, saying in a conciliatory address to the nation that he would ensure a peaceful transition of power. In a solemn speech from the White House, Biden also said the result should “lay to rest” […]