News
-
US national debt tops $31 trillion for first time
The breach of the threshold comes at an inopportune moment, as historically low interest rates are being replaced with higher borrowing costs as the Federal Reserve tries to combat rapid inflation
-
As demand for oil falls, Saudi Arabia and Russia face limits to pricing power
Even if Saudi Arabia and other leading oil-exporting countries cut their production targets this week, spurning U.S. efforts to keep supplies flowing, the move may barely register in global oil prices. Here's why
-
Fitch lowers outlook for UK rating from 'stable' to 'negative'
Just a month since she succeeded Boris Johnson, Truss has alienated voters, financial markets and many of her own lawmakers
-
Former Uber security chief convicted in hack cover-up: reports
Joseph Sullivan was found guilty of obstructing the work of the Federal Trade Commission and of failing to let authorities know about a crime when he hid a 2016 hack instead of reporting it
-
The censor cannot hold: Inside the pressure of controlling China's internet
Few people who have worked inside China's propaganda apparatus have told their stories. Even fewer are prepared to do so openly
-
Businesses brace for currency chaos in Asia as dollar strengthens
Countries have undergone several major changes that have made their economies much less susceptible to a strong dollar than they were in the late 1990s. But uncertainty looms
-
Why crypto's big 'merge' is causing big headaches
The Ethereum blockchain, which supports billions of dollars of trading in games, tokens, art and the ether currency, has cleaned up its act. But there are complications
-
Crypto needs more rules and better enforcement, regulators warn
Concerns about vulnerabilities in the crypto markets have become more pronounced in recent months, in the wake of wild swings in price and serious losses in the industry
-
Twitter Blue subscribers getting edit feature
The tool will let users edit a tweet up to five times within 30 minutes of initially posting, Twitter said
-
Bestseller or dark horse: Who will win the 2022 Nobel Literature Prize?
In the past two years, the 18-member Academy has bestowed the prestigious prize on US poet Louise Gluck and Tanzanian author Abdulrazak Gurnah, two writers whose work had not been widely translated and was not known to the broad public—or even some publishers
-
Why artists are considering giving up on Instagram
The photo-sharing app has changed so much over the years, it is making artists and their art feel unwelcome