yongheng200802/ShutterstockAbout 100 new data centres, the large anonymous-looking buildings containing the complex computer systems which power the online world, are to be built in the UK. Vital for all of your digital needs – from Netflix and banking, to AI and social media – they are the heart of the modern digital economy.
When more than 1,300 people at the U.S. State Department lost their jobs in a mass firing this summer, most headlines focused on what it meant for American diplomacy. But the layoffs are about more than embassies and foreign policy – they could also make it harder for U.S. companies to compete in global markets.
When more than 1,300 people at the U.S. State Department lost their jobs in a mass firing this summer, most headlines focused on what it meant for American diplomacy. But the layoffs are about more than embassies and foreign policy – they could also make it harder for U.S. companies to compete in global markets.
The outspoken wrestler attends a news conference in 2014.
Kauka Jarvi/ShutterstockHave you ever spotted an empty supermarket shelf and felt a sudden pang of discomfort, even though you weren’t looking for that item? You’re not alone. Shocks such as COVID and cyberattacks on retailers have made empty shelves a common sight in many countries. These moments often come with media coverage of panicked shoppers and long queues.
This paper studies the role of financial intermediaries in the transmission of central bank corporate bond purchases to bond yields. Contrary to standard expectations, we find that mutual funds—typically viewed as price-elastic investors—amplify, rather than dampen, the effects of these interventions on bond spreads.
How America’s chip leader lost its edge.
President Donald Trump waves goodbye to reporters following a meeting with the Teamsters in 2024. Chip Somodevilla/Getty ImagesDuring the 2024 election campaign, the Republican Party’s historically fraught relationship with organized labor appeared to be changing.
A New York philanthropist and personal assistant to billionaires, Matthew Christopher Pietras, allegedly stole millions from his employers and donated large sums to prominent charities to maintain a facade of status, wealth and generosity.
ComposedPix/ShutterstockWhen Oasis returned to British stadiums this summer, hotel prices around venues jumped and flights filled fast.
