Banks’ lending to ethnic minorities is impacted by how averse their stakeholders are to inequality, researchers at the Federal Reserve Bank of New York find. Bank lending to ethnic minorities varies substantially, authors Matteo Crosignani…
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These days, if you want to visit remarkable archaeological sites such as Great Zimbabwe or Petra in Jordan you don’t even need to leave your house. 3D scanning technology has improved in leaps and bounds…
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© Reuters. A worker clears snow in Times Square during the first snowfall in over 700 days in New York City, U.S., January 16, 2024. REUTERS/Andrew Kelly/File Photo By Deep Kaushik Vakil and Scott DiSavino…
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Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles are seeing record sales and demand worldwide, but a lack of parts means that factories…
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Today, the federal Minister for Industry and Science Ed Husic revealed an interim response from the Australian government on the safe and responsible use of artificial intelligence (AI). The public, especially the Australian public, have…
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© Reuters. Investing.com– Gold prices extended losses in Asian trade on Wednesday as hawkish signals from Federal Reserve officials raised more doubts over early interest rate cuts by the central bank, while a rebound in…
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Around 50 Conservative MPs called for inheritance tax to be abolished after the Telegraph launched a campaign urging the government to scrap the tax in summer 2023. The move has since been discussed as a…
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Two of the most senior officials at the Bank for International Settlements have announced they will retire in 2024. Claudio Borio, head of the monetary and economic department (MED), will leave the BIS at the…
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© Reuters. FILE PHOTO: U.S. President Joe Biden makes remarks to promote his infrastructure spending proposals during a visit to the Flatirons Campus Laboratories and Offices of the National Renewable Energy Laboratory (NREL), in Arvada,…
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The battle to keep the government open may feel just like the crisis of the day. But these fights pose immediate and long-term risks for the U.S. The federal government spends tens of billions of…
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