WASHINGTON(Reuters) – U.S. job openings fell by the most in nearly 2-1/2 years in August, though staying at high levels as demand for labor remains fairly strong, which could keep the Federal Reserve on its aggressive monetary policy tightening path. Job openings, a measure of labor demand, dropped 1.1 million to 10.1 million on the…
Sheryl Sandberg opened her next chapter as a full-time philanthropist Tuesday with a donation to the American Civil Liberties Union to fight state abortion bans across the country. Sandberg, who officially left her position as Facebook’s parent company Meta’s chief operating officer last week after 14 years, donated $3 million to the ACLU Ruth Bader…
Elon Musk has gotten into a Twitter tussle with Ukrainian President Volodymyr Zelenskyy after the tech billionaire floated a divisive proposal to end Russia’s invasion. The Tesla CEO, soon facing a court fight over his attempt to abandon a $44 billion offer to buy Twitter, argued in a tweet Monday that to reach peace Russia…
BOGOTA (Reuters) – Further increases to Colombia’s benchmark interest rate may be necessary in the coming months as the central bank tries to bring inflation in line with its 3% target, according to minutes from the bank’s meeting last week. Colombia’s central bank board raised its benchmark interest rate by 100 basis points to 10%…
By Lisa Pauline Mattackal and Medha Singh (Reuters) – A new NFT trading craze where names are bought and sold for eye-popping sums is providing a multi-million-dollar lifeline for speculators shivering in the bleak crypto winter. “Domain” names such as coin.crypto (which has sold for $100,000) and beer.eth (which fetched $39,000) are a new breed…
A Russian court on Tuesday fined TikTok for failing to delete LGBT material, the country’s latest crackdown on Big Tech companies. The Tagansky District Court in Moscow issued the 3 million ruble ($50,000) penalty to the short-video sharing platform following a complaint by Russian regulators. TikTok, which is owned by China’s ByteDance Ltd., didn’t immediately…
By Amanda Cooper LONDON (Reuters) -Global stocks rallied for a second day on Tuesday, after Britain’s decision to ditch part of a controversial tax-cut plan and slightly paler expectations for aggressive central bank action returned some confidence to investors. UK Finance Minister Kwasi Kwarteng on Monday announced the government would back down on reversing a…
LYMAN, Ukraine (AP) — The bodies of Russian soldiers were lying in the streets of a key eastern Ukrainian city on Tuesday, evidence of a hasty retreat that marked a new military defeat for Moscow as it struggles to hang on to areas it illegally annexed last week. Russia’s upper house of parliament rubber-stamped the…
By Alexander Marrow MOSCOW (Reuters) -Russia on Tuesday fined TikTok for failing to delete content that violates Russian laws on ‘LGBT propaganda’ and streaming service Twitch for hosting a video interview with a Ukrainian political figure that Moscow said contained ‘fake’ information. Neither company immediately responded to a Reuters request for comment. Interfax reported that…
(Reuters) – Workers at South Africa’s state-owned logistics firm Transnet will go on strike starting this Thursday over a wage dispute, two labour unions said, in a move that could halt the export of key minerals and other cargo. Transnet has been operating below capacity due to a shortage of locomotives, poor maintenance and vandalism…
