The US Treasury Department building is seen in Washington, DC. Saul Loeb | Afp | Getty Images The Treasury Department is planning to furlough a “substantial” level of its workforce in conjunction with Elon Musk’s efforts to shrink the size of the federal government, according to a court document. As part of a complaint in…
Reuters Mike Waltz says he doesn’t know the journalist who was added to group chat US National Security Adviser Mike Waltz has taken responsibility for a group chat in which high-ranking officials planned military strikes in Yemen in the company of a journalist who was inadvertently added. “I take full responsibility. I built the group,”…
Profits at the UK housebuilder Vistry Group have slumped by more than a third in what it described as a “disappointing year” but it is pinning hopes of a turnaround on the government’s promise this week to inject £2bn into affordable homes. After three profit warnings last year, Vistry suspended dividend payouts to shareholders on…
SPUTNIK/KRE/EPA-EFE A Russian navy vessel in the Black Sea (file photo) Russia has said some Western sanctions must be lifted before it begins a maritime ceasefire with Ukraine. Within hours of the US announcing the two sides had agreed to halt strikes in the Black Sea in separate deals, the Kremlin said it would only…
Britain’s main measure of wage growth may need to be revised after a large employer failed to supply earnings data on time, the country’s troubled statistics agency has warned. In the latest sign of its problems with collecting reliable economic figures that the government uses in economic policymaking, the Office for National Statistics (ONS) issued…
Sundar Pichai with one of Google’s Quantum Computers in the Santa Barbara lab, California, in October 2019. Handout . | Reuters One of Google’s top executives working on quantum computers said he believe the technology is only five years away from running practical applications that can’t be calculated on modern computers. Julian Kelly, Google Quantum…
Computer chip with Chinese flag, 3d conceptual illustration. Steven Mcdowell/science Photo Library | Science Photo Library | Getty Images BEIJING — For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is the emergence of generative artificial intelligence. Chinese companies are hard at work. Nearly every day…
A former Liberal MP shaved 10 years off his age when he used a gay hook-up app to meet a 13-year-old boy who he then sexually abused, prosecutors have alleged. Roderick “Rory” Amon, 35, is accused of sexually assaulting the 13-year-old boy he knew on Sydney’s northern beaches in 2017. He was a 27-year-old local…
A Forever 21 store in New York, in March 2025. Yuki Iwamura | Bloomberg | Getty Images The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days…
Crowds of shoppers and visitors out on Oxford Street on 28th August 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The U.K.’s inflation rate fell slightly to 2.8% in February, coming in just below analyst expectations, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists…
