Brazilian President Luiz Inacio Lula da Silva came to an important decision during his visit to Xi Jinping last week: He will accelerate plans to move Latin America’s largest economy even closer to China and he doesn’t care if this upset the US.
The US Supreme Court extended a temporary hold on new restrictions imposed by a federal judge in Texas on a widely used abortion pill, giving the justices until Friday to decide how to handle the case.
The US economy stalled in recent weeks, with hiring and inflation slowing and access to credit narrowing, the Federal Reserve said in its Beige Book survey of regional business contacts.
Relations with China will continue to be an important feature of how the global economy develops in spite of pressure from the US to decouple from Beijing, said Paschal Donohoe, president of the Eurogroup, which brings together euro-area finance ministers.
Netflix Inc. will begin cracking down this quarter on US viewers who share someone else’s account, predicting plans to charge such customers will boost growth in the second half of the year.
Artificial intelligence startup Stability AI Ltd. has released a language model called StableLM, the early version of an artificial intelligence tool that could power a chatbot along the lines of OpenAI’s ChatGPT.
Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates.
American consumers are trying to stretch their dollars as inflation continues its chokehold on many goods, yet people aren’t ready to give up certain indulgences and convenience foods.
Twilight, the vampire-romance series that spawned five blockbuster movies and captured the hearts of brooding teenagers worldwide, is coming to TV.
Barclays Plc is axing nearly half of its US-listed exchange-traded notes a year after revealing a paperwork error tied to its products that cost the bank hundreds of millions of dollars.
