BBC Business·
Interest rates expected to be held again by Bank of England
It would be the fifth hold in a row, with the Bank rate standing at 3.75% - the lowest since February 2023.
Meta misses earnings forecasts after Zuckerberg media push to promote AI
The Guardian World•
Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI Meta chief executive Mark Zuckerberg’s media spree touting the positive impacts of…
Read Full Article on The Guardian WorldRelated stories
Le Monde·
Fed chooses to keep its rates unchanged despite high inflation
The Central Bank Committee has a new level of dissension because the pressure for a more restrictive monetary policy is increasing in the United States, in order to attack frontally the US economy
TechCrunch·
Winamp aims for a comeback with a new music player powered by Deezer
Winamp is preparing to relaunch with a Deezer-powered premium music service, betting its nostalgic brand and a new all-in-one music player can stand out in today’s crowded streaming market.
Tagesschau·
Federal Reserve leaves interest rate unchanged again
The Federal Reserve keeps the key interest rate stable. In the new boss Warsh, US President Trump had insisted on lower interest rates – but the high inflation rate through the Iran war made the step..
BBC Business·
Charities unable to pay staff after fraud alert
Security fears saw CAF Bank, which serves 14,000 UK charities, suspend its online banking portal.
Al Jazeera English·
US Fed holds interest rates steady citing ‘elevated’ inflation
Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.