The US central bank has slowed the pace of interest rate hikes further but indicated more rises are on the way despite official figures suggesting price pressures have peaked in the world’s largest economy. The Federal Reserve announced the decision hours before its counterparts in the UK and euro area reveal their next moves in
A young couple in Iran have been jailed for more than 10 years each after a video on social media showed them dancing at one of Tehran’s main landmarks. Astiaj Haghighi and her fiancé Amir Mohammad Ahmadi were also banned from social activities on the internet and from leaving the country for two years. The
Rishi Sunak was told about Dominic Raab’s “unacceptable behaviour” over the summer before he became prime minister and appointed the deputy PM to his cabinet role, a source has alleged to Sky News. The source told Sky News’ political editor Beth Rigby that Mr Sunak was made aware of Mr Raab’s conduct but the PM
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A union leader has warned if the dispute over workers’ pay is not resolved, further industrial action “will be even bigger” and strikes will continue “right through the summer”. Mark Serwotka, general secretary of The Public and Commercial Services Union – one of the largest unions in the UK – told Sky News ministers should
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is testing new artificial intelligence-powered chat products that are likely to influence a future public product launch. They include a new chatbot
Sky’s Ed Conway analyses mortgage rates and their burdens – the interest rates paid on debts – which are heading towards their highest levels since the late 80s. #Mortgage #skynews #economy SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews
The leaders of the United States and Germany announced Wednesday that they will send tanks to Ukraine. Former CIA director and former commander of US Central Command, retired Army General David Petraeus, joins CNN’s Erin Burnett to discuss. #CNN #News
Scott Hubbard remembers exactly where he was on the day of one of the deadliest tragedies in the history of space travel. Before he stepped out of bed on the morning of 1 February 2003, a radio broadcast brought news that NASA’s Columbia space shuttle was “overdue” on its return to Earth. “I had a
Hundreds of thousands of workers are going on strike, in what will be the biggest day of industrial action for more than a decade. Teachers in England and Wales who are members of the National Education Union are set to stage walkouts – affecting 23,000 schools. Estimates from the NEU suggest 85% of schools across
Wind and solar generated a record one-fifth (22%) of electricity in the European Union in 2022 – overtaking fossil gas (20%) for the first time, according to a new study published today. Energy think tank Ember’s analysis, “European Electricity Review,” also reveals that coal power share increased by just 1.5 percentage points to generate 16%
Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Bloomberg | Bloomberg | Getty Images Norway’s sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for the whole of 2022, citing “very unusual” market conditions. The
Jeremy Hunt has faced a twin assault on tax cuts and fuel duty from Tory MPs ahead of his Budget in six weeks’ time. The chancellor was confronted at a meeting of the backbench 1922 Committee on the same day a grim economic forecast put him under more pressure to cut taxes. Leading the onslaught
Ukraine is preparing for a major escalation by Russia – possibly even in the next two to three weeks, the Ukrainian president’s top security official has said. Oleksiy Danilov, Secretary of the National Security and Defence Council of Ukraine, told Sky News that the hardest fighting was yet to come and said the next few
The United States will “continue to oppose anything” that puts a two-state solution “further from reach” after one of the bloodiest months in the West Bank and East Jerusalem in several years, the US secretary of state has said. Antony Blinken said the US opposes Israeli settlement expansion and any moves towards the annexation of
In this article WDAY Follow your favorite stocksCREATE FREE ACCOUNT Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Adam Galica | CNBC Workday, a cloud-only business planning software company, will lay off 3% of its employees, the company’s co-CEOs wrote in
Hollywood actor Alec Baldwin has been formally charged in New Mexico with involuntary manslaughter over the fatal shooting of a cinematographer on the set of the western film Rust. Baldwin has vowed to fight the two counts against him, with his lawyer calling the case a “terrible miscarriage of justice”. A live round killed Halyna
Former Chief of UK Defence Intelligence Air Marshal Philip Osborn says Russian forces in Ukraine are moving from Crimea to conquer Odesa and Mariupol. Russian Ministry of Defence confirms use of the TOS-1A weapon system in the North and East of Kyiv. The weapon is considered a “conventional weapon of mass destruction” and is traditionally
Prosecutors and the defense gave opening statements in the trial of former South Carolina attorney Alex Murdaugh, who is charged with killing his wife and son. Attorney and legal affairs commentator Areva Martin and trial attorney Misty Marris join CNN’s Pamela Brown to discuss key takeaways. #CNN #News
Rishi Sunak will reshuffle his cabinet this morning with Nadhim Zahawi set to be replaced as Conservative Party chair after he was sacked over his tax affairs, Sky News understands. The prime minister has been under pressure to pick the right candidate as he struggles to draw a line under ‘Tory sleaze’ allegations – despite