The Bank of England has raised the base rate of interest to 1% – the fourth consecutive increase as it continues to move against surging inflation – despite issuing a warning about a recession ahead. The Bank forecast that the UK economy will shrink later this year in the face of double-digit inflation and an
Pro-choice activists across America are gearing up for the probable scenario that abortion rights which have been in place for 50 years will be snatched away this summer. A ruling, known as Roe v Wade, legalised abortion nationwide in the US in 1973. If it is overturned by the Supreme Court, 26 states are poised
A British man who joined a controversial Ukrainian military unit says he is willing is spend the next year defending against Russia’s invasion – and he has not been deterred by the capture of other Britons. Mark Ayres has spent the past two months in Ukraine after joining the Azov Regiment, which has far-right origins
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In this article RUN Sunrun employee Gonzalo Najera carries a solar panel before installation at a home in Alamo, Calif., May 17, 2021. Scott Strazzante | San Francisco Chronicle | Hearst Newspapers | Getty Images Sunrun shares jumped 11% during extended trading Wednesday after the company posted first-quarter earnings results, including a 39% increase in
In this article FB Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Zuckerberg testified about Facebook’s proposed cryptocurrency Libra, how his company will handle false and misleading information by political leaders during the 2020 campaign
Labour is likely to advance in key battlegrounds in the local elections but may struggle to win significant numbers of new councils outright, according to a major new results projection by YouGov for Sky News. Labour looks set to make slower progress tomorrow in the north of England than elsewhere in the local council elections,
Georgia GOP Rep. Marjorie Taylor Greene appeared on a live show in her district and received pushback from call-in guests about her tenure. CNN’s Jim Acosta has the details. === Here’s everything we’ve learned about January 6 in the last 72 hours (and what comes next) By Paul LeBlanc, CNN Beyond her text to Meadows
The UK and Japan are set to agree a new defence agreement when Boris Johnson hosts the Japanese prime minister in London on Thursday. Downing Street said the prime minister’s meeting with Fumio Kishida is expected to conclude with a “landmark” reciprocal access agreement being signed. The agreement would allow British and Japanese forces to
The US Federal Reserve has increased its benchmark interest rate by 0.5% to combat inflation – the sharpest hike since 2000. The American central bank increased the rate for the second time in two months after inflation surged to a 40-year high of 8.5% in March. The change, which puts the fed funds target rate
The Bank of England is expected to increase its base interest rate to the highest level in 13 years in a bid to tackle inflation. It is predicted to rise to 1% amid soaring food, energy and fuel prices that saw inflation hit a 30-year high of 7% in March. The base rate is the
8:00 AM ET The 2022 Stanley Cup playoffs are off to a wild start, including a triple-overtime thriller, two fights in one game, multiple upsets … and also multiple blowouts. After seeing the postseason version of all 16 playoff teams once, what are the key takeaways? And how does it all help us predict what
Actress Amber Heard has said the defamation trial against Johnny Depp is the “most painful and difficult thing I have ever gone through”. Taking the stand for the first time, Heard said: “I struggle to find the words to describe how painful this is.” “This is horrible for me. To sit here for weeks and
Autism, a development disorder, can end up impairing a person’s ability to communicate and interact. It affects the nervous system and affects cognitive, social, emotional and physical well-being of an individual. To understand the symptoms disorder in detail, a team of researchers studied lab-grown brains developed from human cells and uncovered changes in neurological structure that
8:00 AM ET CORAL GABLES, Fla. — Miami football coach Mario Cristobal looks around the indoor practice facility and starts talking with an eager determination, pointing out all the different areas that are either going to be changed, remodeled or built. Details rarely go unnoticed. As Cristobal talks about his vision for the future, he
A robot “chef” is being trained by Cambridge University researchers to taste food and determine if it is adequately seasoned while cooking it just like a human. The robot is being trained to even develop the ability to alter the flavour of the food, based on the preferences of the user. So, does this mean
The American private equity firm financing the preferred bid to buy Chelsea Football Club will take a reduced stake in the Blues under a restructured deal that it wants to finalise within days. Sky News has learnt that Clearlake Capital is expected to own approximately 60% of Chelsea’s shares if the consortium spearheaded by Todd
Group14 Technologies, a manufacturer of silicon-carbon tech for lithium-silicon batteries, announced it has raised $400 million in a Series C funding round led by Porsche AG. Group14’s technology can help deliver better-performing cells compared to traditional lithium-ion batteries and will use the funds to begin building a second manufacturing facility on US soil to expedite
European Commission President Ursula von der Leyen speaks during a news conference with High Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell, after Russia launched a massive military operation against Ukraine, in Brussels, Belgium, February 27, 2022. Stephanie Lecocq | Reuters The European Commission, the executive arm of the EU,
Currently, most buy now, pay later services don’t impact a person’s credit score. That’s now set to change in the U.K. Jakub Porzycki | NurPhoto | Getty Images Buy now, pay later giant Klarna says it will start reporting data on customers’ usage of its products to credit bureaus in the U.K., gearing up for