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Fed chair Warsh says price stability is key but shies away from signals about rates
4+ hour, 18+ min ago (408+ words) The Fed increased its key interest rate by a quarter-point to about 3.9% in September, its first increase in three years, and stubbornly elevated U.S. inflation will likely lead it to hike that rate again in coming months to slow spending and…...
IMF-World Bank meetings focus on global risks and potential benefits of AI
47+ min ago (631+ words) “We are racing, and the question is how do we put barriers? So if a car was to fly out it doesn’t kill people,” IMF Managing Director Kristalina Georgieva said. “I have high respect for the industry. I think what…...
Geely Holding to bring Google services to more overseas models from H2 2027
2+ hour, 43+ min ago (338+ words) Geely Holding Group has entered a global strategic partnership with Google, with the first model under the agreement scheduled to launch in the second half of 2027. The group said in a statement on Friday that it will integrate Google Automotive…...
Malaysia’s data center boom raises questions over economic returns, resource strain
1+ hour, 35+ min ago (340+ words) KUALA LUMPUR, Malaysia (MNTV) – Malaysia’s data center ambitions are gathering pace, with 84 projects approved nationwide as of July, including 27 flagship developments carrying an estimated investment value of 225.97 billion ringgit (about $55 billion) and the potential to create 4,053 jobs, NST reports. But…...
Pre-tariff import surge drives GDP contraction in the US in Q1
13+ min ago (229+ words) Advance estimates show the US economy contracted at an annualised rate of 0.3% in Q1 2025 –unwelcome news following President Trump’s 100-day milestone yesterday. The contraction was driven primarily by a surge in imports, which rose over 40% on the quarter ahead of the…...
MN Chamber of Commerce Report Highlights Business Investment Potential
16+ hour, 26+ min ago (144+ words) KRWC 1360 AM MN Chamber of Commerce Report Highlights Business Investment Potential Despite ongoing challenges, a Minnesota Chamber of Commerce report identifies several areas where state businesses continue to attract investment. MN Chamber spokesman Sean O’Neill says the state can build…...
Fed chief Warsh: economy robust, but don't ask me about rates
51+ min ago (294+ words) Published on 10/16/2026 at 06:19 am EDT - Modified on 10/16/2026 at 06:20 am EDT STORY::: David Lawder, Correspondent:: Bangkok, Thailand / October 16, 2026 So Kevin Warsh came to the IMF and World Bank annual meetings to speak to IMF managing director Kristalina Georgieva in a panel…...
IMF Managing Dir. & Fed Chair on Forces Reshaping Global Economy
7+ hour, 38+ min ago (11+ words) C-SPAN...
EU Inc: Will Europe blow its biggest chance to get startups right?
1+ hour, 52+ min ago (1168+ words) Yesterday, the founders of EU–INC issued an urgent public appeal to Europe's Heads of State and Government, warning that months of negotiations are stripping away the very provisions that would make the proposed pan-European company framework worthwhile. Their message…...
American conglomerate spends $6.3 billion to acquire Israeli cybersecurity company.
1+ hour, 35+ min ago (382+ words) The American corporation Proofpoint has reached an agreement to acquire Varonis for approximately $6.3 billion, aiming to expand its capabilities in protecting corporate data amid the increasing cybersecurity demands driven by artificial intelligence. The American cybersecurity firm Proofpoint has reached an…...