Peloton recalling more than 2M exercise bikes because the seat post assembly can break during use
Peloton is recalling more than 2 million of its exercise bikes because the bike’s seat post assembly can break during use, posing fall and injury hazards
2023-05-11 23:21
Norway takes over presidency of Arctic Council from Russia
Norway has taken over the Arctic Council’s rotating presidency from Russia
2023-05-11 23:20
In major climate step, EPA proposes 1st limits on greenhouse gas emissions from power plants
The Biden administration is proposing new limits on greenhouse gas emissions from coal- and gas-fired power plants, its most ambitious effort yet to reduce planet-warming pollution from the nation’s second-largest contributor to climate change
2023-05-11 22:59
Ukraine says its counteroffensive now delayed; Britain says it's sent cruise missiles to Kyiv
President Volodymyr Zelenskyy says Ukraine is delaying its long-awaited counteroffensive against Russia’s occupying forces, saying that while such a campaign would succeed, too many of his troops' lives would be lost
2023-05-11 22:28
Bank of England raises UK interest rates to highest level since 2008
The Bank of England has raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. The decision on Thursday by the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% was widely anticipated in financial markets
2023-05-11 22:20
Czech government proposes measures to keep ballooning deficit under control
Czech citizens will likely pay more for beer and medicine while businesses will face higher corporate taxes as part of a government package of dozens of measures designed to keep the ballooning budget deficit under control
2023-05-11 22:15
Stock market today: Stocks dip following inflation data, drops for Disney, banks
Wall Street is dipping in early trading, weighed down by a sharp drop for Disney and flaring fears about U.S. banks
2023-05-11 21:55
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:52
US wholesale price data for April points to easing inflation pressures
Wholesale prices in the United States decelerated last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of steadily higher interest rates
2023-05-11 20:54
US jobless claims filings highest since 2021, but job market remains healthy
The number of Americans filing for jobless claims last week rose to its highest level in four months, though the labor market remains healthy by historical standards
2023-05-11 20:49
Turkish presidential candidate withdraws in boost to Erdogan's main challenger
A candidate in Turkey's presidential election has withdrawn from the race, a move that is likely to bolster President Recep Tayyip Erdogan’s main challenger
2023-05-11 20:47
Hot employment market shows signs of cooling
The hot jobs market has been defying a weakening economy and confounding the Federal Reserve for months, but now shows signs of cooling
2023-05-11 20:17