Economy

Trump says US president should have say over monetary policy
Trump says US president should have say over monetary policy

Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve and suggested that the US president should have "at least a say" over the course of monetary policy. "I feel the president should have at least a say" about monetary policy, he said, adding he had "fought him very hard" on some occasions -- an apparent reference to Powell.

Apple makes changes to App Store after EU warning
Apple makes changes to App Store after EU warning

Apple on Thursday announced changes to its App Store after the European Union accused the iPhone maker of breaking the bloc's landmark new digital rules. The EU said the App Store terms prevented app developers from freely steering consumers to alternative ways to pay, making Apple the first ever tech firm to face accusations of breaching a new law known as the Digital Markets Act (DMA).

Flying's never been safer, says MIT study
Flying's never been safer, says MIT study

Flying can be a nerve-wracking experience for many people -- but a new study out Thursday finds commercial air travel keeps getting safer, with the risk of death halving every decade. The last major commercial airline disaster in the United States was in 2009, when Colgan Air flight 3407 crashed, killing 50 people.

Paris 'flying taxis' scheme misses Olympic debut
Paris 'flying taxis' scheme misses Olympic debut

Flying taxis could whisk passengers across Paris or help with emergency medical care from December, operators said on Thursday, while acknowledging that the dream of showing off the scheme during the Paris Olympics was impossible.

Deliveroo shares surge on 'profit milestone'
Deliveroo shares surge on 'profit milestone'

Deliveroo shares surged more than ten percent Thursday after the international food delivery app struck its first six-month net profit, an achievement described as a "major milestone" by its boss. Deliveroo, which experienced surging demand during the Covid pandemic from lockdown-hit customers, has tens of thousands of self-employed riders -- a status that continues to cause controversy.