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Bank stresses brings economy closer to recession, Minneapolis Fed’s Kashkari says
Mario Tama Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, said the recent stresses in the banking system that led to the failures of Silicon Valley Bank and Signature Bank will take time to clear up. During an…
Israel protests intensify after Netanyahu sacks defence minister
Protests erupted across Israel Sunday night after Prime Minister Benjamin Netanyahu sacked his Defense Minister Yoav Gallant for calling for a halt to controversial judicial reform, warning it was a threat to national security.The…
Health officials warn Philadelphia residents of Delaware River chemical spill, suggest drinking…
Philadelphia residents have been told they may only want to drink bottled water after a chemical spilled into the Delaware River in neighboring Bucks County.
Bucks County health officials said Sunday that a leak late Friday night at the…
SRC raises President Ruto’s CASs pay to Sh780,000 in new review
Economy
SRC raises CAS Ruto boss pay to Sh780,000 in new review
Friday, March 24, 2023
President William Ruto, Vice President Regati Gachagwa and Chief Cabinet Secretary Musalia Mudavadi take a group photo with the newly…
Ten construction firms fined total £60m for ‘illegally colluding’ on contract bids
The 10 builders have been jointly fined £60m by the competition regulator for "unlawfully colluding" to rig bids for lucrative contracts for projects including Bow Street Magistrates Court and Selfridges department store.
The…
UK Economy 4% Smaller Because of Brexit, OBR’s Hughes Says
breadcrumb links PMN Business The head of the Office for Budget Responsibility told the BBC that leaving the EU would have had an impact on the UK economy equivalent to the coronavirus pandemic and would likely lead to a…
Recruiters bear the brunt of Israel’s tech crisis
The technology crisis has led to thousands of employees losing their jobs in Israeli companies in Israel and abroad. The biggest victims are not the tech staff themselves — experienced programmers and engineers — but…
Lebanon wakes up in two time zones as clock change row deepens divisions By Reuters
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© Reuters. A woman walks near a clock tower indicating the time in Jdeideh, Lebanon on March 26, 2023. REUTERS/Mohammed Azakir
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By Timour Azhari and Maya Gebeily BEIRUT (Reuters) - Lebanon woke up in two time zones on Sunday as…
Fed’s Preferred Inflation Gauge Seen Staying Elevated
(Bloomberg) -- Perhaps the Fed's preferred measure of underlying rate pressures remained elevated in February, keeping officials in a precarious place as they seek to balance an anti-inflationary solution with stress on the banking…
Why does Warren Buffett love Apple and hardware tech? One analyst may have the answer
Eric Francis It's no secret that in the past, Warren Buffett and Berkshire Hathaway (BRK.A) (New York Stock Exchange: BRK.B) Avoid investing in technology stocks. But in recent history, this slogan has changed, as the group has made…
