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US Fed prepares to pause in first rate decision since Trump's inauguration
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump. - Trump's 'demands' lower rates - Trump has frequently criticized the Fed, which has a dual mandate from Congress to act independently to tackle inflation and unemployment.
Trump's Canada, Mexico tariff threat aimed at gaining leverage in trade talks: experts
President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.
Trump casts chill over US wind energy sector
Donald Trump has long ranted against wind energy -- claiming turbines are unsightly, dangerous to wildlife and too expensive -- with him threatening to upend decades of industry progress just a few hours after resuming power.
Rubbish roads: Nepal explores paving with plastic
Cars speeding along a smooth, black-coloured street in Nepal's Pokhara are also driving over heaps of discarded plastic, transformed into an ingredient in road construction. "We saw scope for such plastics to be utilised as a raw material, partially substituting bitumen in road construction."
Meta plans to invest $60 bn or more in AI this year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology. Meta will construct a massive new datacenter to power its AI ambitions and is planning $60 billion to $65 billion in capital expenditures this year related to the technology, according to Zuckerberg.
Migrants held in US sanctuary city as Trump moves army to border
The mayor of a major US city said Friday immigration officers raided a seafood business, detaining undocumented migrants alongside an American citizen as President Donald Trump pressed actions against undocumented people and deployed troops to the Mexican border.
Croatians boycott shopping to protest high prices
Supermarket aisles were quiet across Croatia on Friday as consumers protested high food prices by joining a boycott on shopping. The boycott shocked retailers, said Josip Kelemen from the "Halo, inspektore" consumer protection group, which called for the protest.
US home sales in 2024 weakest in nearly 30 years
Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.
Beached whales: Airbus grounds its massive Beluga cargo flights
European aerospace giant Airbus confirmed Friday that it was shutting down its speciality freight business using colossal Beluga jets, resulting in the loss of 75 jobs. But it said that was not the main reason for shutting down the business.
AFP
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