Some of the worst flooding in South Africa’s history has left more than 400 people dead and some 40,000 displaced, dealing a devastating blow to the eastern city of Durban,…
more ...Will Rescuing Middle America Save Democracy?
Closing the economic divide in the hard-hit industrial Midwestern United States could dampen the fervor of anti-democratic populism, a new working paper suggests. Populism is ascribed to political movements that…
more ...Russia-Ukraine War Slowing Global Economic Recovery
The International Monetary Fund has slashed its forecast for global economic growth to 3.6% this year, saying Russia’s war in Ukraine threatens a fragile recovery from disruptions caused by the…
more ...Autonomous Tractors May Signal Changes in Farming
Farmers across the country and around the world might one day leave the confines of their tractor cabs and operate autonomous tractors remotely through an app. But will farmers, big…
more ...IMF Predicts Slower Economic Growth Due to Russia-Ukraine War
The world economy will grow at a slower pace because of Russia’s invasion of Ukraine, the International Monetary Fund said in a report Tuesday. The organization forecasts growth of 3.6%…
more ...Biden to Require US-made Steel, Iron for Infrastructure
The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing — issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure…
more ...Tesla Stockholders Ask Judge to Silence Musk in Fraud Case
A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on…
more ...US Intelligence Satellite Launched From California
A classified satellite for the U.S. National Reconnaissance Office was launched into space from California on Sunday. The NROL-85 satellite lifted off at 6:13 a.m. local time from Vandenberg Space…
more ...How Audiences in Authoritarian Countries Can Bypass Censorship
Russia is clamping down on news and the internet. Overseas media organizations and activists are finding new ways in. …
more ...Ransomware Attacks: Hackers Endanger Critical US Infrastructure
Even before Russia’s invasion of Ukraine, U.S. officials warned about cyberattacks originating in Russia against critical American infrastructure. Now, U.S. security agencies are increasingly cracking down on the networks used…
more ...Toymaker Struggles With Supply Chain Delays
Many businesses rely on fast shipments by sea and land to get the components they need to make and distribute their products. But backups at U.S. ports and slowdowns in…
more ...Twitter Opts for ‘Poison Pill’ to Repel Elon Musk Takeover
Twitter’s board of directors on Friday voted unanimously to use a tactic called a “poison pill” to fend off Elon Musk’s attempt to take over the company. In such a…
more ...US Set to Include Ukraine in G-20 Agenda
The Biden administration appears set to discuss the international economic impact of the Russian invasion of Ukraine and, potentially, Ukraine’s reconstruction as part of the November G-20 summit agenda. White…
more ...Texas, Mexican Governors OK Deal to Return Border Truck Traffic to Normal
Commercial truck traffic from the Mexican state of Chihuahua to Texas will return to normal immediately after both sides reached an agreement on border security, Texas Governor Greg Abbott said…
more ...Musk Spells Out How He Would Change Twitter
Hours after announcing his $43 billion hostile takeover bid for Twitter, business magnate Elon Musk laid out some of his goals for the social media giant, including an edit button…
more ...Elon Musk Offers to Buy Twitter
Businessman Elon Musk has offered to buy Twitter, saying the social media giant “needs to be transformed as a private company.” “I invested in Twitter as I believe in its…
more ...Yen Drops to 20-Year Low Against Dollar
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap widens between Japan’s ultra-loose monetary policy and U.S. tightening. Despite…
more ...Russian Netflix Users Sue Streaming Giant for Leaving Market – RIA
Russian users of Netflix NFLX.O have launched a class action lawsuit against the streaming giant for leaving the Russian market, demanding 60 million roubles ($726,000) in compensation, the RIA news…
more ...Former California Executive Gets Prison for $1 Billion Solar Fraud
A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett’s company and many others was sentenced Tuesday to six years in…
more ...Elon Musk Accused of Breaking Law While Buying Twitter Stock
Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media…
more ...US Crypto Researcher Sentenced for Helping North Korea Evade Sanctions
A former researcher at a high-profile cryptocurrency group was sentenced to five years and three months in prison on Tuesday for conspiring to help North Korea evade U.S. sanctions using…
more ...US Almond Growers Face Shipping Hurdles
Backups at U.S. West Coast ports and supply chain problems in rail and trucking have hurt American exports and limited the choices of international consumers. For one farm commodity, California almonds, the…
more ...US Consumer Prices Surge at Fastest Pace in 40 Years
U.S. consumer prices jumped 8.5% in March compared to a year ago, the biggest annual surge in more than 40 years, the government reported Tuesday. Price increases hit American consumers…
more ...Companies and Celebrities Jump into NFT Craze
The world of nonfungible tokens, or NFTs is getting a boost from companies and celebrities, who are making the digital products. But the nascent technology comes with risks. Tina Trinh…
more ...German Gas Reserves Can Last Until Late Summer, Says Regulator
Germany’s gas reserves would last until at least late summer should Russian supplies stop now, the network regulator said on Tuesday, warning pressure on the European Union to ban Russian…
more ...What Global Supply Chain Disruptions Mean for Consumers
The war in Ukraine and sanctions on Russia are causing even more stress in an already strained global supply chain brought on by the pandemic. To see what this means…
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