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Oil prices settle lower, but notch second-monthly gain on tighter supply hopes By Investing.com

Oil prices settle lower, but notch second-monthly gain on tighter supply hopes By Investing.com

© Reuters. Investing.com– Oil prices settled lower Thursday, but notched a second-monthly gain as hopes for tighter supply and fresh hopes for a summer U.S. interest rate cut following data showing inflation continued to trend…

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How Russia has managed to shake off the impact of sanctions – with a little help from its friends

How Russia has managed to shake off the impact of sanctions – with a little help from its friends

Almost two years after the West responded to the Russian invasion in Ukraine with a blistering array of sanctions, a fresh round of financial measures was announced by the Biden administration on Feb. 23, 2024.…

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FSB recommends further strengthening of the framework for global systemically important banks in Switzerland

FSB recommends further strengthening of the framework for global systemically important banks in Switzerland

Press enquiries: +41 61 280 8477 [email protected] Ref: 6/2024 Peer review finds that Swiss authorities have made important strides toward implementing an effective too-big-to fail (TBTF) regime for global systemically important banks…

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Algorithms are pushing AI-generated falsehoods at an alarming rate. How do we stop this?

Algorithms are pushing AI-generated falsehoods at an alarming rate. How do we stop this?

Generative artificial intelligence (AI) tools are supercharging the problem of misinformation, disinformation and fake news. OpenAI’s ChatGPT, Google’s Gemini, and various image, voice and video generators have made it easier than ever to produce content,…

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Thailand to ban recreational cannabis use by year-end, says health minister By Reuters

Thailand to ban recreational cannabis use by year-end, says health minister By Reuters

2/2 © Reuters. A woman works inside a cannabis shop, at Khaosan Road, one of the favourite tourist spots in Bangkok, Thailand, March 29, 2023. REUTERS/Chalinee Thirasupa/ File Photo 2/2 BANGKOK (Reuters) – Thailand will…

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The true cost of food is far higher than what you spend at the checkout counter

The true cost of food is far higher than what you spend at the checkout counter

After several years of pandemic-driven price spikes at the grocery store, retail food price inflation is slowing down. That’s good news for consumers, especially those in low-income households, who spend a proportionally larger share of…

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Pope Gregory XIII gave us the leap year – but his legacy goes so much further

Pope Gregory XIII gave us the leap year – but his legacy goes so much further

On this day, February 29, conversations the world over may conjure the name of Pope Gregory XIII – widely known for his reform of the calendar that bears his name. The need for calendar reform…

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Oil gains sluggish after large US crude stock build By Reuters

Oil gains sluggish after large US crude stock build By Reuters

© Reuters. Oil, miniatures of oil barrels and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. REUTERS/Dado Ruvic/Illustration/Files By Georgina McCartney HOUSTON (Reuters) -Oil prices edged up slightly on Wednesday, with…

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What’s next for $25B supermarket supermerger after FTC sues to block it, saying it could raise prices

What’s next for $25B supermarket supermerger after FTC sues to block it, saying it could raise prices

The Federal Trade Commission announced on on Feb. 26, 2024, that it’s suing to prevent Kroger’s attempt to acquire Albertsons. The US$25 billion deal, first announced in 2022, would combine Cincinnati-based Kroger, already the largest…

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Gold prices muted as rate fears keep traders to the sidelines By Investing.com

Gold prices muted as rate fears keep traders to the sidelines By Investing.com

© Reuters. Investing.com– Gold prices moved in a flat-to-low range on Wednesday, extending their recent run of muted performance as anxiety over higher-for-longer U.S. interest rates persisted ahead of key economic readings. The yellow metal…

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