More Americans apply for jobless benefits, but layoffs are not rising significantly
The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve’s attempt to cool the labor market by raising interest rates
1970-01-01 08:00
Scholz’s Stumbling Coalition Hit With Fresh Blow by Court Rebuke
After a bruising few months, Chancellor Olaf Scholz and senior members of his ruling coalition were relaxing at
1970-01-01 08:00
Fed's Logan says more rate hikes needed amid unexpected economic strength
By Michael S. Derby NEW YORK Federal Reserve Bank of Dallas President Lorie Logan said Thursday that there
1970-01-01 08:00
Canada posts surprise May trade deficit as imports surge
OTTAWA Canada recorded a surprise trade deficit in May as energy and grains dragged down exports, while unwrought
1970-01-01 08:00
Sweden jails Kurd for financing terrorism after Turkey calls for crackdown
The judge insists the verdict is not related in any way to Sweden's bid to join Nato.
1970-01-01 08:00
As Ukraine Grain Deadline Approaches, Pact Is Already Broken
Global leaders are racing to salvage an international deal to allow Ukraine’s grain shipments by sea before it
1970-01-01 08:00
CFA Level II Success Rate Jumps Above Historic Average to 52%
The pass rate for the second level of the chartered financial analyst exam surged past its historic average,
1970-01-01 08:00
German government puts off vote on a contentious heating plan until September
Germany’s governing coalition has put off until September a vote on contentious legislation to encourage the replacement of fossil fuel heating systems after the country’s top court shot down plans to push it through parliament this week
1970-01-01 08:00
Stock market today: Wall Street drifts lower again with new jobs data arriving over the next 2 days
Wall Street headed lower for a second day and markets in Europe and Asia fell as well with U.S. Treasury Secretary Janet Yellen in China attempting to lower tensions between the world’s two largest economies
1970-01-01 08:00
Scientists capture the moment a black hole 'turns on'
Astronomers have spotted the moment a black hole "turned on". While looking for the collision of a neutron star with another object, which should result in a kilonova (an explosion which reddens then fades over time), they stumbled upon an event which remained extremely bright. They soon worked out this light was because of supermassive black hole called J221951-484240 which had been on for around 10 months. But then they had to work out what had caused it, and got stuck between two causes, “J221951 is consistent with being nuclear, so the scenarios we are being left are a tidal disruption event or an active galactic nucleus,” lead author Dr Samantha Oates said as she presented the research at the National Astronomy Meeting 2023. “Looking at the spectrum it's consistent with both categories.” Sign up to our free Indy100 weekly newsletter A tidal disruption event (TDE) takes place when a star or a gas cloud gets too close to a supermassive black hole. The material is ripped apart, and begins to shine as the black hole feeds Alternatively, it could be an active galactic nucleus (AGN), the phase of a supermassive black hole where it is consistently feeding in a frenzy. “We hope in future to distinguish between these two scenarios,” Dr Oates concluded. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Mercedes to extend CEO Kaellenius' contract - source
BERLIN (Reuters) -Mercedes-Benz wants to extend Chief Executive Ola Kaellenius' contract, a source with knowledge of the matter told Reuters
1970-01-01 08:00
Insight Partners raises $118 million fund to back underrepresented VCs
By Krystal Hu Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital
1970-01-01 08:00